Tax Manager - London - £85K

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UK and Europe Tax Manager

London

£80,000 - £85,000 per annum

First Tax role within this large Lloyds organisation.

This role will be responsible for:

* The preparation and submission of the vast majority of tax returns for operations

* Design, documentation and testing of taxation internal controls leading to supporting annual SAO submission and other regulatory requirements.

* Consolidation, improvement, automation and standardisation of existing tax processes from across the UK and European operations.

This role is responsible for;

* Assist the CFO by preparing (in conjunction with the external tax advisors) corporation tax returns for the UK and European entities (including European location branches).

* Maintaining (in conjunction with the external tax advisors) transfer pricing files, reflecting the operations of the company

* Creating a tax risk register and populating mitigating controls.

* Designing, documenting and reviewing tax controls, used to support general risk management and the annual SAO sign-off required by HMRC.

* Production of quarterly tax estimates for booking the quarterly actual results.

* Producing payment on account estimates for periodic settlement to HMRC

* Production of quarterly VAT returns (Syndicate and Agency groups) plus supporting European VAT returns

* Maintenance of PESM documentation and compliance

* Production of periodic IPT returns and submission via TMF, for UK and Malta companies.

* Liaison with NY global tax department

* Main point of contact with external tax advisors

* Assisting the Finance Director and local Financial Controller in managing taxation activities relating to Malta and the Continental European operations of our client.

* Assisting the Finance Director to review other internal and external reporting outputs for technical accuracy and sense checks prior to submission to recipients.

* Assisting the Finance Director and other finance team members with ad-hoc reporting requests and project work.

* Take lead on implementing and ensuring compliance with taxation regulatory changes such as Making Tax Digital

* Assist the HR team with employee tax matters as required (in conjunction with external advisors)

* Liaise with internal and external auditors (often at the highest level) to ensure that all taxation information required is produced to a high degree of accuracy and in a timely manner.

* Liaison with the London finance team to ensure efficient approach and clear responsibilities.

* Review of existing reporting processes in order to improve automation and efficiency.

* Assist with production of statutory accounts and other regulatory reporting, focusing on taxation disclosures.

* Design and develop process improvements in collaboration with the other UK Finance group members in order to ensure the efficient and accurate production of data.

* Consolidation, improvement, automation and standardisation of existing tax processes from across the UK and European operations

* Support the Finance Director to ensure that the companies meet Group reporting deadlines whether these are statutory, regulatory or fiscal, by review of deliverables.

* Advise on the taxation impacts of accounting standard changes across the UK and Continental European operations, including IFRS 17

* Assistance with preparation of annual budgets, in conjunction, focused on taxation balances

* Identify individual training needs. Thereafter, work with International Human Resources to agree and implement development plans.

* Adhere to company procedures for managing and recording individual performance and development.

* Ensure all agreements are processed according to the companys compliance, regulatory and legal obligations.

* Immediately report any suspicion of financial crime to the Money Laundering Reporting Officer.

* Manage any potential conflicts of interest so as to avoid concerns regarding disrepute and integrity.

* Immediately advise Compliance of any complaints arising.

Experience

* Working knowledge of corporation tax requirements imposed by HMRC for insurance companies operating in the UK

* Working knowledge of VAT requirements imposed by HMRC for insurance companies operating in the UK

* Working knowledge of IPT requirements imposed by HMRC for insurance companies operating in UK

* Experience with Lloyds Syndicates as well as insurance companies;

* An awareness of similar tax regimes in European locations (e.g. Netherlands, Norway, Slovakia, Czech Republic, Hungary, Switzerland, Spain, Malta etc.)

* Liaison with external tax advisors

* Building and maintaining taxation accounting procedures and systems.

Skills

* Advanced analysis and problem solving;

* Advanced numeracy;

* Tax forecasting;

* Advising on tax efficiency

* Project management;

* Pragmatic and balanced judgement and decision making;

* High-end organisational skills and a contingency thinking style;

* Professional business writing/presentation skills;

* Able to work effectively in a matrix reporting environment where inter-play to US tax department, local CFO and Malta Financial Controller will be prevalent;

* Ability to perform best practise benchmarking and identify process improvements;

* Team and individual influencing; and

* Risk Management.

Systems & I.T

* Microsoft Office: advanced Excel, Word, PowerPoint and Outlook; and

* Experience with accounting software.

* Experience using Data Warehouse tool

Qualifications

* ACA or CTA or similar qualification.

tax, tax manager, insurance tax, corporate tax