This is a fantastic opportunity for a Senior Tax Manager to join the in-house tax team of a leading European banking group.
The role will focus on transactional tax support, and international tax aspects (in particular, transfer pricing). The candidate must have an excellent understanding of financial products. Experience of Bank Levy is highly desirable. Knowledge of VAT is preferrable, though not necessary. The candidate must be CTA and / or ACA qualified and have extensive relevant CT experience in the tax function of a bank and preferably one of the larger accounting firms.
The main tasks are:
* Advisory & Transactional Support: Provide tax advice (including commentaries where necessary) on lending transactions to ensure tax efficiency and conformity to the Code of Practice on Taxation for Banks.
* New Activities & Products (NAP): Evaluate tax technical and reputational risks for new products, clients, and business transactions.
* Risk Mitigation: Ensure compliance with UK tax law and guidance, and internal tax policies.
* Documentation & Training: Draft tax guidance for business teams and provide updates on changes in tax law and / or guidance.
* Transfer pricing (TP): in conjunction with Head Office tax team, review, maintain and originate transfer pricing documentation; work with external provider to ensure production of robust local TP file; review execution of TP policies across the UK business in collaboration with wider Finance team.
* Bank Levy: prepare bank levy calculation for the UK branch; collaborate with other finance functions within the UK group to compile the group bank levy calculation.
* Other: Provide ad hoc tax advice re other CT matters (including project work) as may arise from time-to-time.
The ideal candidate will be ACA / CTA qualified (or equivalent) and have an excellent technical grounding in UK Corporation Tax. In addition they will need to demonstrate experience specific to the banking sector eg. knowledge of banking products & services and associated tax treatments and implications. They will have international tax experience, including transfer pricing, and analysing and interpreting double tax treaties, BEPs, Pillar II, AEOI. They must be a confident and competent communicator with the ability to manage a wide range of stakeholders.