Tax Reporting & Risk Manager - London
- Recruiter
- BCT Resourcing
- Location
- London, London
- Salary
- £75,000 - £95,000 per annum
- Posted
- 23 Jul 2016
- Closes
- 20 Aug 2016
- Ref
- 1292512
- Sectors
- Banking & Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
Tax Reporting & Risk Manager - Major Insurer
Location: London
Salary: £75000 - £95000 per annum + Bonus
A Tax Reporting & Risk Manager is required by a major Insurance company to be based in the City of London.
Responsibilities:
To manage the provision of consolidated reporting numbers, forecasts and external disclosures as well as wider tax disclosures and management of the tax transparency approach within the Group.
To lead the operation of a Tax Risk Management Framework across the Group to in line with the Group's wider risk processes and approach to ensure that tax risks are appropriately documented, managed, monitored and escalated; work with HMRC in a low risk manner, clean Senior Accounting Officer sign-off is achieved annually.
The role holder will be responsible for liaising with BUs, tax colleagues and HMRC to ensure our approach to Tax Risk is understood and applied consistently around the Group.
To provide support to the Head of Tax Compliance Reporting and Risk on group wide compliance matters as required.
Working here is about being there for our customers; we're available should the worst happen and we work together to enable social and financial equality across the UK. But it's also about you -how you develop and what you can achieve.
We'll help your talent thrive in an environment where you'll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.
From HR and Digital teams through to Group Finance, Risk and Corporate Comms - our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.
Key Responsibilities
1. Manage the production of the year-end and interim group consolidated tax charge and tax disclosures with support from the Compliance and Reporting Manager including the preparation of the half yearly briefing packs for the relevant stakeholders in respect of the consolidated tax position.
2. Work closely with Compliance and Reporting Manager to provide additional oversight and review of group corporate tax compliance processes, including tax payments, group relief settlements and claims & elections.
3. Assist the Head of Tax Compliance, Reporting and Risk in liaising with the Group's external auditors to obtain final audit clearance of the Group consolidated tax provisions, reconciliation and disclosure notes;
4. Responsible for the disclosures in the front half of the R&A, CSR report, tax internet and tax intranet pages.
5. Responsible for the management of tax risk across the group including developing and managing a tax risk framework and ensuring tax policies are in place where appropriate. To lead the development and operation of the Tax Risk Framework across the Group and maintain an up to date view of the Group's tax risks.
6. Secretary to the tax risk committee and ensure approach to tax risk management and SAO compliance is appropriate, consistent across the Group and with the wider Group approach to risk management.
7. Responsible for completing the Senior Accounting Officer disclosures annually and ensuring processes in place to support a clean sign-off annually. Communicate the client approach to tax risk management to HMRC and ensure this fits with operation as a Low Risk taxpayer.
Desired Skills and Experience
* Qualified Accountant (3+ years PQE), or with sufficient experience of financial accounting to maintain up-to-date professional knowledge.
* Member or fellow of the Chartered Institute of Taxation or with sufficient tax experience to maintain up-to-date professional knowledge.
Suitable for candidates currently working in an in-house role, or from the Big 4.
Location: London
Salary: £75000 - £95000 per annum + Bonus
A Tax Reporting & Risk Manager is required by a major Insurance company to be based in the City of London.
Responsibilities:
To manage the provision of consolidated reporting numbers, forecasts and external disclosures as well as wider tax disclosures and management of the tax transparency approach within the Group.
To lead the operation of a Tax Risk Management Framework across the Group to in line with the Group's wider risk processes and approach to ensure that tax risks are appropriately documented, managed, monitored and escalated; work with HMRC in a low risk manner, clean Senior Accounting Officer sign-off is achieved annually.
The role holder will be responsible for liaising with BUs, tax colleagues and HMRC to ensure our approach to Tax Risk is understood and applied consistently around the Group.
To provide support to the Head of Tax Compliance Reporting and Risk on group wide compliance matters as required.
Working here is about being there for our customers; we're available should the worst happen and we work together to enable social and financial equality across the UK. But it's also about you -how you develop and what you can achieve.
We'll help your talent thrive in an environment where you'll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.
From HR and Digital teams through to Group Finance, Risk and Corporate Comms - our Group function support our businesses across the UK and abroad. Delivering essential services and activities that have a real impact on our business and our customers lives, we enable our people to do what they do best, contributing to delivering a great customer service, profitability and strategic growth.
Key Responsibilities
1. Manage the production of the year-end and interim group consolidated tax charge and tax disclosures with support from the Compliance and Reporting Manager including the preparation of the half yearly briefing packs for the relevant stakeholders in respect of the consolidated tax position.
2. Work closely with Compliance and Reporting Manager to provide additional oversight and review of group corporate tax compliance processes, including tax payments, group relief settlements and claims & elections.
3. Assist the Head of Tax Compliance, Reporting and Risk in liaising with the Group's external auditors to obtain final audit clearance of the Group consolidated tax provisions, reconciliation and disclosure notes;
4. Responsible for the disclosures in the front half of the R&A, CSR report, tax internet and tax intranet pages.
5. Responsible for the management of tax risk across the group including developing and managing a tax risk framework and ensuring tax policies are in place where appropriate. To lead the development and operation of the Tax Risk Framework across the Group and maintain an up to date view of the Group's tax risks.
6. Secretary to the tax risk committee and ensure approach to tax risk management and SAO compliance is appropriate, consistent across the Group and with the wider Group approach to risk management.
7. Responsible for completing the Senior Accounting Officer disclosures annually and ensuring processes in place to support a clean sign-off annually. Communicate the client approach to tax risk management to HMRC and ensure this fits with operation as a Low Risk taxpayer.
Desired Skills and Experience
* Qualified Accountant (3+ years PQE), or with sufficient experience of financial accounting to maintain up-to-date professional knowledge.
* Member or fellow of the Chartered Institute of Taxation or with sufficient tax experience to maintain up-to-date professional knowledge.
Suitable for candidates currently working in an in-house role, or from the Big 4.