At a Glance
- Tasks: Manage direct tax matters and optimise tax positions for Volkswagen entities.
- Company: Join VWFS UK, a leader in innovative mobility solutions.
- Benefits: Enjoy a competitive salary, bonus, pension contributions, and flexible working.
- Other info: Access to professional development and a supportive, inclusive work environment.
- Why this job: Make a real impact in tax governance while developing your career.
- Qualifications: CTA or ACCA/ACA qualified with relevant experience.
The predicted salary is between 63300 - 63300 £ per year.
About The Role
SALARY: From 63,300 pa dependent on experience
LOCATION: Milton Keynes
HYBRID WORKING: Our current hybrid working policy requires a minimum of 60% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role.
HOURS / CONTRACT TYPE: Part time, permanent - working 32 hours per week
CLOSING DATE: 01/09/26. We reserve the right to close the advert earlier if we receive a high volume of applications.
Were looking for a Direct Tax Manager who will be responsible for delivering effective tax governance, optimising tax positions, and providing expert guidance across the business.
What youll be doing:
- Youll manage the relationship with HMRC on all direct tax matters, ensuring effective handling and resolution of corporation tax and employment tax queries, disputes and clarification requests.
- Lead the corporation tax compliance cycle, including the preparation, review and submission of corporation tax returns for Volkswagen entities in both the UK and the Republic of Ireland.
- Oversee the preparation, review and audit of current and deferred tax calculations, ensuring accurate IFRS tax disclosures in annual group and statutory accounts.
- Manage the preparation and annual review of local transfer pricing documentation, identifying potential risks, ensuring appropriate mitigation, and keeping key business stakeholders and senior management fully informed.
- Coordinate the annual review of Corporate Interest Restriction calculations, working with colleagues across UK Volkswagen entities to assess the overall net interest income and expense position.
- Lead the negotiation and ongoing maintenance of thin capitalisation agreements with HMRC, including supporting documentation, calculations and regular monitoring of agreed financial ratios.
- Oversee UK withholding tax compliance, including the preparation, review and submission of quarterly CT61 returns and handling any withholding tax applications.
- Manage employment tax compliance for nonpayroll matters, including the preparation, review and submission of annual PAYE Settlement Agreement returns for two entities.
- Partner with senior management and operational teams across the business to identify and mitigate corporation tax and employment tax risks, providing proactive expert advice across both project and business-as-usual activities.
Essential experience & skills:
- You are CTA or ACCA/ACA qualified, with post-qualification experience, in house and/or in practice.
- You have a working knowledge of SAP FI/CMS.
- Experience within the Financial Services and/or Automotive Financial Services industry is desirable.
Whats in it for you?
- Bonus: Discretionary 10% on-target bonus (based on personal and Group company performance).
- Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.
- Car schemes: Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance and fuel card, or Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.
- Other benefits: From day 1 we provide income protection, life assurance (4x salary), retail discount vouchers, access to Care Concierge (a service to support carers of adults), along with other salary sacrifice options including a will writing service and cycle to work (subject to scheme restrictions).
- Following successful completion of probation, you will have access to private medical insurance for you (with the option to buy additional family cover), access to our loan car scheme for up to 2 cars for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase critical illness cover and dental cover, so you can select the benefits that matter to you.
- We invest in our people and are passionate about driving development. Youll have access to LinkedIn Learning via our Degreed platform as well as a host of professional development programmes and opportunities to build your technical and soft skills so you can further develop your career. We also offer mentoring schemes and reciprocal partnerships recognising that we can all learn from each other in the flow of work.
VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isnt just a statement for us, we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.
This role does not meet the UKVIs criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.
Direct Tax Manager - Milton Keynes in City of London employer: Volkswagen Financial Services
As a Treasury Accountant in Milton Keynes, you'll join a dynamic team that values accuracy and continuous improvement, offering a competitive salary and a hybrid working model that promotes work-life balance. The company fosters a collaborative culture with ample opportunities for professional growth, ensuring you can develop your skills while contributing to sound financial decision-making in a supportive environment. With a focus on employee well-being and development, this role provides a meaningful opportunity to make a significant impact within the organisation.
Contact Details:
Volkswagen Financial Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Direct Tax Manager - Milton Keynes in City of London
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We think you need these skills to ace Direct Tax Manager - Milton Keynes in City of London
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