Employment Tax Manager

HANDELSBANKEN PLC; London; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading bank in London is seeking an experienced Employment Tax Manager to oversee the group’s UK tax strategy. The successful candidate will manage employment tax risks, advise on employee benefit schemes, and ensure compliance with regulations, contributing to a collaborative HR and Finance environment. Extensive employment tax experience and a relevant qualification are essential for success in this role.

Benefits

Competitive Salary

Extensive benefits including medical insurance

Market-leading pension contribution

Qualifications

• Extensive employment tax experience (either in-house or at a top 10 accountancy firm).
• Ability to build strong professional relationships.
• Strong analytical and presentation skills.

Responsibilities

• Providing employment tax advice for key projects.
• Carrying out reviews of employment tax processes.
• Managing employment tax submissions and compliance.

Skills

Communication Skills

Attention to Detail

Analytical Skills

Education

ATT/CTA Qualification

Bachelor's Degree in Finance or Accounting

Tools

Microsoft Office

Job description

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Job Introduction

Handelsbanken Plc's finance department is responsible for statutory accounting and reporting, technical accounting, business/financial control, tax, and capital and liquidity planning and management. The in-house tax function is a small sub-department of Finance, based in the London Head Office. It is responsible for managing the UK's tax strategy, operations, compliance, and policies.

The team is seeking to recruit an experienced Employment Tax Manager to help manage employment tax risks in the Handelsbanken group's UK entities.

The Employment Tax Manager will report direct to the UK Head of Tax but will work collaboratively and proactively with our Human Resources function. As well as providing advice and guidance, this will be a hands on role.

It is expected that the Employment Tax Manager will have in-depth technical experience - gained at HMRC, with a top tier accountancy firm, or at an in-house tax department. The successful candidate will need to be able to work independently, and have excellent communication skills, attention to detail, good knowledge of Microsoft Office applications, and a willingness to travel within the UK and to Sweden.

The role can be part-time (minimum 3 days a week) or full-time.

Main Responsibilities

• Providing employment tax input and advice into key projects and initiatives e.g. the introduction of new reward schemes, employee benefits, etc.
• Carrying out periodic reviews of existing employment tax processes / controls and acting as first point of contact for (internal) employment tax related queries
• Reviewing and where necessary creating employment tax policies and instructions
• Providing overview and assurance for annual employment tax regulatory submissions e.g. tax year end, PSA, P11D, Form 42, etc
• Keep up to date with relevant changes in regulations and best practice and proactively work with the HR function to make any necessary changes to policies, processes and/or systems
• Providing regular training & updates to HR, Payroll, Finance and other colleagues
• Managing employment tax related information requests from external auditors, HMRC, and/or the Group Tax department based in Sweden and supporting the HR function with expatriate related tax issues
• Reviewing and making recommendations regarding the bank's travel and expenses policy, and conducting an annual review of compliance with the policy in time to report any taxable values via PSA or P11d; and involvement in CIS related matter / issues

Ideal Candidate

Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying...

• Extensive employment tax experience (either in-house or at top 10 accountancy firm), and ideally ATT/CTA qualified
• Excellent verbal and written communication skills with the ability to analyse, articulate and present complex issues clearly and concisely
• Ability to build strong professional relationships at all levels and to represent Handelsbanken effectively (both internally and externally)
• Sustains a high level of drive, shows enthusiasm and a positive attitude that translates across the team
• Seeks out development opportunities for self and others
• Good knowledge of Microsoft Office applications, and a willingness to travel to within the UK and to Sweden

Company Information

Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.

Check our Handelsbanken website for further information

At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.

What is in it for you?

• We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
• Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
• A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)

Application next steps

Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.

How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process - just let us know by email [e-mail] .

This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.

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