In-House Corporate Tax Reporting Manager - Financial Services
Midlands, Edinburgh or London - hybrid office/remote working pattern
A leading financial services business is looking to increase their tax team presence across the UK and have identified the need for an In-House Corporate Tax Reporting Manager.
Reporting into the divisional Tax Director, the Corporate Tax Reporting Manager will manage IFRS and Solvency II tax reporting for a specific portfolio of companies within the group, support projects, manage tax risk and apply technical & business knowledge to aid senior management decision making.
While the position has a corporate tax reporting emphasis, the successful candidate will take a coaching role for more junior members of the team and build trusted relationships to become a valued business partner. This will include influencing the business to seek tax advice at an early stage, ensuring that tax advice received is pragmatic and aligned with the business needs, and lead small projects (or elements of large scale projects e.g. business restructures and new customer propositions).
Specific areas of responsibility will include:
- Managing the UK IFRS tax reporting process for the insurance companies within the group. These include life companies, holding companies, companies providing financing to operating entities, service companies and small trading and investment companies.
- Calculate tax cash flow forecasts for annual operating plan and periodic refreshes as required by the business.
- Develop an understanding of Solvency II tax calculations and ensure solvency implications of tax figures are understood and communicated to all relevant parties.
- Develop and maintain an understanding of the group's company businesses and key drivers to assist in the delivery of effective tax advice to support those businesses including working with advisors where appropriate.
- Providing input into projects and support to the business on matters involving the above entities.
- Working with and supporting the development of junior and less experienced members of the team.
Overall, this makes a superb first or second move from practice for the qualified tax professional to the Midlands and looking to take their career in-house.
The successful candidate
- Demonstrable experience within a corporate taxation focused role
- Likely bringing 3-5 years total experience within a 'large-corporates' tax environment, either in-house or within the professional services advising/auditing such corporates
- Sector-specific experience within insurance, asset management or the wider financial services is considered advantageous but not essential.
- The right to work permanently within the UK is essential.