At a Glance
- Tasks: Lead tax governance and compliance for Volkswagen entities in the UK and Ireland.
- Company: Join VWFS, a leader in innovative mobility solutions.
- Benefits: Enjoy a competitive salary, bonus, pension, and flexible working options.
- Other info: Access to professional development and a supportive, inclusive culture.
- Why this job: Make a real impact in tax management while developing your career.
- Qualifications: CTA or ACCA/ACA qualified with relevant experience.
The predicted salary is between 68200 - 68200 £ per year.
About The Role
SALARY: From 68,200 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: Full time, permanent - Part time hours will also be considered
CLOSING DATE: 01/07/26. We reserve the right to close the advert earlier if we receive a high volume of applications.
We're 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 you'll be doing:
- 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 non-payroll 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.
What's 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. You'll 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.
About You
About Us
Why join VWFS UK? You'll have the opportunity to make a difference by helping us to achieve our mission. Our mission is straightforward; we want to be 'The Key to Mobility'. That means we make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.
No candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to learn more about you!
VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isn't 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 UKVI's 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 Colmworth employer: Volkswagen Financial Services
At VWFS UK, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters professional growth and development. With a strong commitment to employee well-being, our Milton Keynes location provides a hybrid working model, competitive benefits including a generous pension scheme, and access to extensive learning resources, ensuring that you can thrive both personally and professionally while contributing to our mission of simplifying mobility for all.
Contact Details:
Volkswagen Financial Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Direct Tax Manager - Milton Keynes in Colmworth
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Direct Tax Manager role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and understanding of current tax regulations. We recommend practising common interview questions and scenarios related to direct tax management so you can showcase your expertise confidently.
✨Tip Number 3
Don’t forget to leverage social media! Follow companies you’re interested in, engage with their posts, and share your insights on tax-related topics. This can help you get noticed and show off your passion for the field.
✨Tip Number 4
Apply through our website for the best chance at landing that Direct Tax Manager position. It’s a straightforward process, and we love seeing candidates who take the initiative to apply directly!
We think you need these skills to ace Direct Tax Manager - Milton Keynes in Colmworth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Direct Tax Manager role. Highlight your CTA or ACCA/ACA qualifications and relevant experience in tax governance. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our mission at VWFS. Keep it concise but impactful, and don’t forget to mention your experience with HMRC and tax compliance.
Showcase Relevant Experience:When detailing your work history, focus on your experience with corporation tax compliance and managing relationships with HMRC. We love seeing examples of how you've successfully navigated tax queries and disputes in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at VWFS!
How to prepare for a job interview at Volkswagen Financial Services
✨Know Your Tax Stuff
Make sure you brush up on your direct tax knowledge, especially around corporation tax and employment tax. Be ready to discuss specific cases or scenarios you've handled in the past, as this will show your expertise and confidence in the subject.
✨Understand the Company
Research Volkswagen Financial Services and their mission to be 'The Key to Mobility'. Familiarise yourself with their products and services, especially in relation to financial services and automotive sectors. This will help you align your answers with their goals during the interview.
✨Prepare for Technical Questions
Expect technical questions related to tax compliance cycles, IFRS disclosures, and transfer pricing documentation. Practise articulating your thought process clearly, as this will demonstrate your analytical skills and ability to communicate complex information effectively.
✨Show Your Soft Skills
While technical skills are crucial, don’t forget to highlight your soft skills. Discuss how you’ve partnered with senior management and operational teams to mitigate risks and provide expert advice. This will showcase your ability to work collaboratively and influence key stakeholders.
