Indirect Tax Manager

London - UK

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Department:

Finance

Job Summary

About Allica Bank

Allica is the UKs fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs one of the last major underserved opportunities in Fintech.

Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.

Role Description

The Indirect tax manager will be responsible for managing all aspects of VAT compliance and advisory within the bank ensuring the groups ongoing adherence to UK VAT legislation and best practice.

The role involves oversight of the VAT group and maintenance of the banks Partial Exemption Special Method (PESM) as well as delivering commercially focused VAT advice to the wider business.

This is a hands-on role suited to a qualified VAT professional ideally from a Big 4 or top-tier tax advisory background who is looking to transition into the banking sector.

The successful candidate will work closely with the Senior Tax Manager and collaborate with cross-functional teams including other members of Finance team Product Legal and Compliance supporting both business-as-usual operations and strategic projects

Principal Accountabilities

Manage VAT compliance across the group including timely and accurate submission of VAT returns and managing the VAT group structure.
Maintain and develop our Partial Exemption Special Method (PESM) including calculations analysis and liaison with HMRC where required.
Act as a trusted advisor to the business providing clear and commercial VAT advice on transactions new products contracts and operational changes.
Monitor legislative and regulatory changes affecting VAT and assess their impact on the bank.
Support the Senior Tax manager and other Financial Control team members with ad hoc projects including systems implementations process improvements and internal controls.
Liaise with external advisors and HMRC as required ensuring a constructive and transparent relationship.
Partner with Finance Legal Compliance and Product teams on cross-functional projects and initiatives.

Personal Attributes & Experience

Qualified accountant or tax advisor (e.g. ACA / CTA or equivalent).
Trained in a Big 4 or top-tier tax advisory firm with strong experience in VAT/indirect tax.
Solid understanding of UK VAT rules particularly as they relate to financial services.
Exposure to partial exemption and VAT group structures.
Strong analytical skills and attention to detail.
Comfortable working in a fast-paced changing environment and dealing with ambiguity.
Excellent communication skills with the ability to explain complex VAT issues to non-specialists

Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Our employees are at the heart of everything we do so our benefits are designed with you in mind:

Full onboarding support and continued development opportunities
Options for flexible working
Regular social activities
Pension contributions
Discretionary bonus scheme
Private health cover
Life assurance
Family friendly policies including enhanced Maternity & Paternity leave

Dont tick every box

Dont worry if you dont have all the skills or requirements listed on the job description. If you think youll be a good fit wed still love to hear from you!

Flexible working

We know the 9-to-5 isnt right for everyone. Thats why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and if we can we will do our best to accommodate.

Diversity

Were a diverse bunch here at Allica with all kinds of experiences backgrounds and lifestyles. Our openness and differences make us stronger and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.

Required Experience:

Manager

About Allica BankAllica is the UKs fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs one of the last major underserved opportunities in Fintech.Established SMEs are the backbone of local communities - representing over...