At a Glance
- Tasks: Join our Finance Team as a Tax Specialist and handle diverse tax responsibilities.
- Company: Supportive and innovative company focused on continuous improvement.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse workplace that values individual differences and encourages all qualified candidates to apply.
- Why this job: Make a real impact on tax processes while collaborating with various stakeholders.
- Qualifications: 2-3 years in Corporate Tax and relevant qualifications like ATT/CTA/ACA/ACCA/CIMA.
The predicted salary is between 40000 - 50000 £ per year.
We are currently recruiting an exciting opportunity for a Tax Specialist to join our Finance Team. This varied in-house tax role sits within a small and supportive team. It offers exposure to a broad range of business tax areas, such as Corporate Tax, VAT, payroll and accounting, as well as the opportunity to work closely with stakeholders across the business. The team has a strong focus on continuous improvement and embraces new ways of working, including using tools such as Power BI to drive efficiencies. This role offers a great opportunity to contribute ideas, shape processes, and make a meaningful impact on how the function evolves.
HMRC Reporting
- Preparation of all reports to HMRC on a timely and accurate basis. This includes, but is not limited to: Corporation Tax returns, quarterly VAT returns, Corporate Interest Restriction returns, PAYE settlement Agreement returns and Share Scheme returns.
- Assisting with updating the Corporate Tax Strategy annually, and all other areas of the Group’s corporate and payroll tax governance.
Tax Regime Changes
- Escalating any significant issues that may impact the Groups’ tax affairs.
- Maintenance of tax knowledge through attendance of external courses, webinars and online content.
Monthly Management Accounts
- Providing accurate tax figures for all Group companies to the Corporate Reporting team.
Annual Statutory Accounts Process
- Preparation of all annual tax computations, tax provisions and tax disclosures in the Financial Statements.
- Liaison with third parties, such as external tax consultants and auditors, to provide information on a timely basis and to ensure they are working to an agreed schedule, so that all pre-agreed deadlines are met.
Quarterly Audit Process
- Assisting the Corporate Reporting team, as required, during the net profit review process, involving all internal and external parties as necessary.
- Ensuring that all tax information requested by third parties is produced on a timely basis and that all information requested by Auditors, in the course of their audit, is complete and accurate.
Payroll
- Assisting with the review of the monthly main run and additional payrolls, as well as other payroll tasks including the payments to HMRC and payments for pensions and share schemes.
- Provide cover as necessary for Payroll tasks, with assistance from the Group Tax Manager.
- Supporting operational resilience improvements.
Person Specification
- The ideal candidate will have a minimum of 2-3 years’ experience specialising in Corporate Tax and will ideally hold a ATT/CTA/ACA/ACCA/CIMA qualification.
- You will demonstrate a positive, curious approach to your work and will have excellent communication skills and an ability to communicate complex tax concepts to stakeholders.
- A strong attention to detail and an ability to work within strict deadlines is essential.
Equal Opportunities
We provide a diverse and inclusive workplace and ensure that all of our staff respect and understand individual differences. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, religion or belief, sex or sexual orientation.
Tax Specialist employer: Transact
Join our dynamic Finance Team as a Tax Specialist, where you'll thrive in a supportive environment that values continuous improvement and innovation. With opportunities for professional growth through training and collaboration with diverse stakeholders, you will play a crucial role in shaping our tax processes while enjoying a culture that embraces inclusivity and respect for individual differences.
StudySmarter Expert Advice🤫
We think this is how you could land Tax Specialist
✨Network Like a Pro
Get out there and connect with people in the tax field! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with Corporate Tax and any tools like Power BI that you’ve used. We want to see how you can bring value to the team, so don’t hold back on showcasing your expertise!
✨Prepare for the Interview
Do your homework before the interview! Understand the company’s tax strategies and be ready to discuss how you can contribute to their goals. We recommend practising common interview questions and preparing some thoughtful questions of your own to show your interest.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged with our hiring process!
We think you need these skills to ace Tax Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Tax Specialist role. Highlight your experience in Corporate Tax and any relevant qualifications like ATT or CTA. We want to see how your skills match what we're looking for!
Showcase Your Communication Skills:Since you'll be communicating complex tax concepts, it's important to demonstrate your communication skills in your application. Use clear language and examples that show how you've effectively communicated with stakeholders in the past.
Be Detail-Oriented:Attention to detail is key in this role. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their application is accurate and polished.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Transact
✨Know Your Tax Stuff
Make sure you brush up on your knowledge of Corporate Tax, VAT, and payroll regulations. Be ready to discuss specific tax scenarios and how you've handled them in the past. This shows that you’re not just familiar with the concepts but can apply them practically.
✨Show Off Your Communication Skills
Since you'll be communicating complex tax concepts to various stakeholders, practice explaining these ideas in simple terms. Use examples from your previous experience to demonstrate how you’ve successfully communicated with non-tax professionals.
✨Be Ready for Process Improvement Ideas
The team values continuous improvement, so come prepared with suggestions on how to enhance tax processes or tools like Power BI. Think about efficiencies you've implemented in past roles and be ready to share those insights.
✨Attention to Detail is Key
Given the nature of tax work, attention to detail is crucial. Prepare to discuss how you ensure accuracy in your reports and computations. You might even want to bring examples of your work that highlight your meticulous approach.
