Head of Indirect Tax Governance, Vice President

BlackRock, Inc.; City of Edinburgh; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

A global investment management firm in Edinburgh is seeking a Head of Indirect Tax Compliance and Reporting to manage VAT obligations and lead a team of tax professionals. Key responsibilities include ensuring accurate compliance with indirect tax regulations, managing relationships with external advisors, and overseeing indirect tax processes. Candidates should have at least 8 years of VAT experience, preferably in financial services, along with a relevant qualification. The role offers a hybrid work model and various employee benefits.

Benefits

Retirement investment tools

Education reimbursement

Wellness resources

Flexible Time Off

Qualifications

• Minimum of eight years' experience in VAT, preferably in-house or in a senior role at a big 4 or top 10 firm.
• Experience in dealing with overseas VAT regimes would be beneficial.
• Experience working in Financial Services and large multinational organisations.

Responsibilities

• Lead the delivery of global indirect tax compliance obligations.
• Ensure timely and accurate filing of indirect tax returns.
• Manage a team of four tax professionals.

Skills

VAT compliance management

Team management

Analytical skills

Communication skills

Education

CTA, CA, ACA qualified (or equivalents)

Tools

Oracle

KPMG's PXCube

Job description

About this role

The Global Indirect Tax Group is responsible for managing the VAT, GST and other indirect tax affairs for the BlackRock group globally - across policy, strategy, advisory, risk, technology, compliance, reporting and accounting. BlackRock has offices in 38 countries across the world, a growing business, and indirect tax obligations across Europe, the Middle East, Africa, Asia Pacific and the Americas regions.

Purpose & background: Reporting to the Global Head of Indirect Tax, the Head of Indirect Tax Compliance and Reporting will be responsible for ensuring that the BlackRock group meets all of its VAT, GST, DST and other indirect tax compliance and reporting obligations, globally.

We\'re looking for a highly talented, experienced, and hard-working VAT professional, who is well organised, embraces change, and has very strong attention to detail to deliver a high-quality compliance and reporting function.

The role is a key part of BlackRock\'s indirect tax leadership team and offers the opportunity to lead BlackRock\'s global indirect tax compliance, reporting and accounting function, partner with the BlackRock businesses and our external tax advisors, and make significant contributions on a broad range of indirect tax matters for the group.

Key responsibilities

• Leading the delivery of BlackRock\'s global indirect tax compliance obligations, including the review and sign-off of indirect tax returns and managing the delivery of indirect tax compliance services by external tax advisors
• Ensuring the timely, complete, and accurate filing of all indirect tax returns
• Review and sign-off of recovery rate and annual adjustment calculations
• Managing indirect tax refund requests, including foreign VAT/GST refund claims
• Managing the indirect tax accounting processes for the group, including: review and sign-off of monthly balance sheet reconciliations; review of monthly journal postings; and leading the relationship for indirect tax accounting matters with BlackRock\'s external auditors
• Oversee irrecoverable VAT budgeting, forecasting and management reporting
• Managing a team of four tax professionals
• Providing indirect tax advice to the BlackRock businesses, in partnership with BlackRock\'s Indirect Tax Advisory team (which also reports into the Global Head of Indirect Tax)
• Monitoring developments with indirect tax compliance obligations, globally, including any new requirements which impact on BlackRock, and ensuring BlackRock fully complies with such developments
• Delivering indirect tax training to stakeholders, including BlackRock\'s Finance and Client Invoicing teams, who are key stakeholders to the indirect tax compliance process
• Enhancing knowledge of indirect tax across the BlackRock business
• Managing the full range of indirect tax data required for indirect tax filings and driving process and technology transformation to enhance the quality of this data
• Supporting with tax audits, and BlackRock\'s responses to tax authority requests
• Supporting indirect tax aspects of organisational initiatives, including group and organisational restructurings, expansion into new locations, new products and service offerings, M&A, etc.
• Preparing and maintaining VAT/GST guidance and governance documents
• Supporting digital VAT/GST reporting requirements, including in countries where new requirements are implemented

Experience

• Minimum of eight years\' experience working in VAT, including experience of managing VAT compliance processes and reviewing complex VAT returns - preferably in-house or within a senior role within a big 4 or top 10 firm
• Experience in dealing with overseas VAT regimes would be beneficial, but not mandatory
• Experience working in Financial Services and/or a large multinational organisation preferred
• Experience of Oracle and KPMG\'s PXCube preferred, but not essential

Qualifications, skills & competencies

• CTA, CA, ACA qualified (or equivalents)
• Proven ability to deliver continuous enhancements to processes and deliverables
• Proven ability to develop collaborative working relationships across multiple teams internally, and with external tax advisors
• Ability to clearly and confidently communicate in verbal and written form
• Highly organised, strong attention to detail with the ability to manage multiple work streams with varied deadlines
• Strong problem solving and analytical skills
• Competent in use of Microsoft Excel, including the use of advanced formulas and pivot tables

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock\'s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children\'s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It\'s why we\'re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.