Direct Tax Assistant Manager

Chubb; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Join a prominent financial team as a Direct Tax Assistant Manager at a leading insurance company. You will navigate complex tax issues across EMEA, ensuring compliance and contributing to finance transformation initiatives. This role offers a chance for impactful involvement in projects and processes while developing your expertise in direct taxation.

Qualifications

• Evidence of proven experience in UK tax compliance and reporting.
• Strong understanding of multiple GAAPs and exceptional adaptability.

Responsibilities

• Collaborate on tax compliance across UK and EMEA jurisdictions.
• Oversee tax reporting processes for multiple GAAPs.
• Support improvements in reporting and compliance processes.

Skills

Tax Compliance

Tax Reporting

Tax Payments

Process Improvement

Legislative Monitoring

Financial Services

Accounting Principles

Direct Corporate Tax

Education

ACA/CTA qualified or equivalent

Job description

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Job Description

Join our EMEA Direct Tax team as a Direct Tax Assistant Manager, where you will play a crucial role in navigating direct tax issues across 20+ jurisdictions. Reporting to the EMEA Direct Tax Senior Manager, you will contribute to tax reporting, compliance, and a variety of transformative projects across the region, with a focus on Finance and Tax Transformation initiatives.

Key Responsibilities:

Tax Compliance:

• Collaborate with the EMEA Direct Tax team to ensure seamless compliance within UK and EMEA jurisdictions.
• Assist in the review and preparation of tax computations in conjunction with external advisors.
• Liaise with Chubb Finance and external partners to ensure timely and precise tax return submissions.
• Support the tax team in real-time calculations and booking of true-ups to provisions as tax returns are filed.
• Aid in the preparation and review of transfer pricing returns and documentation, working closely with the transfer pricing team.
• Provide assistance during tax audits as required.

Tax Reporting:

• Contribute to the US, French, and Local GAAP tax reporting processes for designated entities.
• Assist with the quarterly preparation of the US GAAP tax provision and related disclosures in statutory accounts.
• Ensure timely accounting for tax provisions across all GAAPs, including French GAAP and Solvency GAAP.
• Support accurate journal entries and respond to audit inquiries promptly.

Tax Payments:

• Oversee the management of tax payment schedules, ensuring timely payments for allocated entities.
• Collaborate with advisors to verify accurate tax payment calculations.
• Maintain and update the cash tax payment forecast schedule.
• Ensure proper booking and reporting of tax payments within financial systems.

Process Improvement:

• Actively support the enhancement of current reporting and compliance processes, focusing on standardization and automation for efficiency gains.

Legislative Monitoring:

• Stay abreast of legislative changes across EMEA and provide insights to the EMEA Direct Tax Team regarding potential impacts.

Tax Projects:

• Engage with the EMEA tax team in various projects, contributing your expertise to enhance overall departmental effectiveness.

Qualifications

Required Knowledge & Experience:

• ACA qualified/part qualified and/or CTA qualified/part qualified or equivalent preferred.
• Proven experience in UK tax compliance and reporting, ideally within a multinational organization.
• In-depth understanding of direct Corporate Tax within a tax department (in-house experience preferred).
• Strong grasp of accounting principles and experience working across multiple GAAPs.
• Financial Services experience, particularly in the Insurance sector, is a plus.
• Up-to-date knowledge of relevant legislation and current developments in direct tax.
• Familiarity with tax audit defence and experience collaborating with external parties, including auditors and tax advisors.
• Exceptional adaptability, able to thrive in a fast-paced environment with multiple deadlines and stakeholders.