Job Responsibilities
- Understanding the transactions / products of the Markets trading business.
- Identifying and managing VAT risk issues end to end in the business delivery.
- Developing knowledge of UK and other EMEA VAT regimes applicable to these transactions / products (both tax technical and practical) and staying abreast of changes in VAT legislation, ensuring the business remains compliant.
- Partnering with the Indirect Tax Technology team in the advancement of the long-term VAT technology strategy in relation to the Markets business including identifying and supporting opportunities for enhanced systematic automation and key data requirements.
- Advising / training internal stakeholders in the business and support teams e.g. teams processing trading expenses.
- Understanding expense processes and working with finance, business, and tax teams to advise VAT recovery and compliance processes.
- Reviewing tax compliance submissions for dedicated markets related entities.
- Communicating VAT risks succinctly and clearly to non-tax colleagues.
- Escalating risks internally within the team as appropriate.
- Partnering with tax colleagues from other disciplines to syndicate issues and comprehensively but efficiently manage tax risk.
- Working with external tax advisors, as well as partnering internally with global Corporate Tax colleagues (including colleagues covering directs taxes and transfer pricing) and non-tax colleagues (such as the Business, Legal, Finance, Operations etc.).
Required Qualifications, Skills and Experience
- Bachelor’s or master’s degree.
- VAT advisory experience preferably at least Manager level at Big 4 or equivalent in-house.
- A detailed understanding of UK / EU VAT principles, with knowledge / experience of VAT issues
- A knowledge of VAT compliance requirements and processes.
- Strong communication and written skills and the ability to work well in a team.
- Strong analytical and critical thinking skills to formulate commercially sound solutions.
- Quick learner with a positive attitude and professionalism.
- Being able to work independently, managing own workload and projects.
- Strong interpersonal skills to build working relationships with internal and external stakeholders.
Preferred Qualifications, Skills and Experience
- Accounting or Tax qualification, e.g. CTA, preferable.
- Financial services sector being desirable
- Functional knowledge of MS Excel, PowerPoint as well as VAT specific technologies and other applications is also desirable.