Group Tax Accountant, Banking
About the job
This is a great opportunity for a recently qualified tax accountant or tax specialist (ACA, ACCA, CTA) to join the small London-based in-house tax team of an international financial services group. The position is responsible for providing tax reporting and compliance (corporate and VAT) for entities based in the UK and Ireland
The core responsibilities will include:
- Prepare all journal entries relating to corporation tax and VAT
- Prepare draft corporation tax returns for all UK and Irish entities and respond to any questions from external advisors.
- Calculate and ensure all tax payments are made on timely basis
- Prepare UK and Irish VAT returns, including partial exemption calculation
- Prepare the UK Bank Levy balance sheet
- Assist with the tax notes for all the UK & Irish entities, including reviewing draft financial statements to ensure accuracy of numbers and appropriateness of financial statement disclosures
- Preparation of tax provisions for the month end, quarter end and year-end close process for UK and Irish entities, explaining variances and dealing with queries from finance and overseas tax teams
- Provide expertise in incorporating any tax disclosure requirements as new businesses/products are booked in the local entities
- Collate information to assist with responding to enquiries from tax authorities
- Maintain an up-to-date awareness of changes to UK and Irish taxation and ensure that the local Finance teams have adequate infrastructure in place to remain compliant with the rules at all times.
- Own ad hoc specified local and global projects and deliver them within demanding timelines whilst maintaining a high standard of technical accuracy.
The ideal candidate will have a strong background in UK or Irish corporate tax as well as a working knowledge of VAT. They will ideally be qualified (ACA, ACCA, CTA) with a minimum of 3 years experience working in corporation tax. Experience specific to the financial services sector is not essential but would be advantageous. The role will suit a highly motivated and ambitious individual with excellent technical & excel skills with a strong desire to learn and develop their career in an in-house environment.
