At a Glance
- Tasks: Lead tax management for diverse investment activities and collaborate with expert teams.
- Company: Join USS, a leading pension scheme with a vibrant and flexible work culture.
- Benefits: Competitive salary, generous leave, health services, and personal development support.
- Other info: Enjoy a supportive environment with opportunities for growth and community engagement.
- Why this job: Make a real impact in tax strategy while working with top professionals in the field.
- Qualifications: Professional UK tax/accounting qualification and significant M&A tax experience required.
The predicted salary is between 60000 - 80000 £ per year.
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts. Our office is a vibrant place to work, and we offer flexibility of office/homeworking due to our hybrid model.
About the role
In your role as Senior Tax Manager you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to be responsible for leading and managing all tax aspects of investment activity across multiple asset classes, including real estate, private equity funds, credit and direct equity. The role partners closely with investment, legal and finance teams, as well as external advisers to ensure all investments are structured efficiently and in line with our tax risk appetite throughout the life cycle of the investment.
What you will be doing
- Transaction support & execution: Provides tax advice for all Private Markets and Public Markets investment acquisitions and disposals. Leads tax structuring, due diligence, modelling and execution support for acquisitions, disposals, restructurings, and refinancings. Reviews and negotiates tax provisions in transaction documentation (SPAs, IMAs, LPAs, financing agreements). Provides commercially focused tax advice across asset classes (real estate, private equity funds, credit, direct equity) to the Private Markets Group, including in relation to material tax issues and associated mitigants, and recommendations on structures where optionality exists. Identifies tax risks, opportunities, and mitigation strategies throughout the deal lifecycle. Provides ongoing tax advice on portfolio companies and assets on an ad-hoc basis, including refinancing, dividend distributions, MIP implementation and exit planning. Manages the deal tax process effectively, including coordination of external tax advisers. Represents Tax at relevant committee meetings, including Private Markets Investment Committee and presents tax issues/responds to committee queries.
- Stakeholder engagement: Acts as the key tax contact for investment teams and proactively engages with them on key tax matters. Collaborates with internal teams (legal, finance, operations) to ensure aligned execution and articulates clearly key tax considerations/issues on investments. Establishes and manages relationships with external advisors, tax authorities, and other stakeholders. Presents tax considerations clearly to non-tax stakeholders, including senior investment decision-makers. Delivers technical tax training sessions to the broader business.
- Risk & governance: Develops and maintains tax governance frameworks for investment activity. Monitors and assesses the impact of global tax developments on investments. Provides proactive insights to investment teams on emerging tax risks and opportunities. Contributes to shaping internal investment tax policies and best practices. Supports with AI implementation and adoption as well as broader projects and tasks to meet department related projects and objectives.
About you
- Holds a professional UK tax and/or accounting qualification (or equivalent).
- Strong interpersonal skills with the ability to build collaborative relationships at different levels across the business and with external stakeholders.
- Significant M&A tax experience, preferably across one or more of the following sectors: real estate, private equity funds, infrastructure/direct equity and private credit.
- Good understanding of key tax technical considerations/issues that typically arise on transactions.
- Commercial & analytical skills - ability to translate complex tax issues into clear commercial insights.
- Project & process management – experience in managing multiple transactions simultaneously under tight deadlines, as well as ability to coordinate cross-functional teams and external advisors.
How we will reward you
- Great starting salary
- Generous annual leave package
- Access to a high quality pension scheme provided through Universities Superannuation Scheme
- Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
- Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
- Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
- Learning and development opportunities to develop your skills, knowledge and talent
- Employee Volunteer Day’s to support the communities where you work and live
- Cycle to Work Scheme
USSL is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. If you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting.
Senior Tax Manager in London employer: USS
At USS, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation. Our hybrid working model provides flexibility, while our commitment to employee development ensures that you will have ample opportunities to grow your career in a supportive environment. With a focus on meaningful contributions and a generous benefits package, including a high-quality pension scheme and wellness support, joining our team as a Senior Tax Manager means becoming part of a forward-thinking organisation that values your expertise and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Tax Manager in London
✨Join Tax Networks
Get involved in tax-focused networks or associations, like the Chartered Institute of Taxation. These communities often host events and workshops which can help you make connections with industry professionals, plus they might even have job boards exclusive to members.
✨Attend Industry Events
Keep an eye out for tax-related conferences and seminars. Events like these are not only great for learning but also for meeting potential employers face-to-face. Use these opportunities to ask questions and express your interest; it’s all about putting a face to the name!
✨Leverage Social Media
Follow leading tax advisory firms, such as USS, on social media. Engage with their posts – comment, share insights, or even ask questions. This can help you get noticed and show your enthusiasm for the industry before you even apply!
✨Showcase Your Knowledge
Consider writing articles or blogs on tax trends and issues. Sharing your expertise on platforms like LinkedIn can boost your visibility and establish you as someone who is serious about a career in tax advisory. Plus, it gives you something to discuss when you land that interview!
We think you need these skills to ace Senior Tax Manager in London
Some tips for your application 🫡
Show Off Your Tax Knowledge:Make sure your CV highlights any relevant tax qualifications, certifications, or coursework you've completed. We want to see that you understand tax laws, regulations, and compliance issues—so detail your academic background or any practical experience in tax advisory to catch USS's eye!
Quantify Your Achievements:In the tax consultancy field, showing measurable outcomes from your previous work can set you apart. Use your CV to include specific examples of how your advice helped clients save money or avoid penalties. Numbers speak volumes in our industry and can really highlight your impact.
Tailor Your Cover Letter:Your cover letter is your chance to express why you're passionate about tax consultancy and why you're excited about working at USS. Share any personal experiences or insights that fuel your interest in the tax advisory field—let your enthusiasm shine through!
Keep It Professional but Approachable:While your written application should maintain a professional tone, don’t be afraid to let a bit of your personality show. Tax advisory is about building relationships, so if you can convey your approachable nature in your writing, that's a bonus when applying for this full-time role at USS!
How to prepare for a job interview at USS
✨Know Your Tax Fundamentals
Brush up on the core principles of tax law, especially recent updates that might affect clients. During the interview, we could face scenario-based questions where we'll need to apply these principles to solve problems, so get comfy with hypothetical situations!
✨Show Your Analytical Skills
Tax advisory isn't just about knowing the rules; it’s about interpreting them. Make sure to prepare examples from your previous studies or experiences where you successfully analysed complex data. We want to demonstrate how we can bring those analytical skills to the table for USS.
✨Understand the Consulting Aspect
Since this is a full-time role, the interview might involve discussing how we communicate tax strategies to clients. Think about times we've interacted with clients or presented technical information in a digestible way. This shows we’re not just tax boffins but can also connect with people!
✨Your Long-Term Vision
As we're aiming for a full-time position, it's important to convey our enthusiasm and long-term interest in tax advisory. Be prepared to chat about why we’re passionate about this field and how we see ourselves growing within USS. It helps to show our commitment!
