Indirect Tax Manager

Allica Bank; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A growing financial technology firm in the UK is seeking an Indirect Tax Manager responsible for managing VAT compliance and advisory within the bank. Candidates should have a strong background in VAT, experience from a Big 4 firm, and be comfortable working in a fast-paced environment. The role involves advisement on VAT issues and collaborating with cross-functional teams. Competitive benefits and flexible working options are offered.

Benefits

Full onboarding support

Flexible working options

Regular social activities

Pension contributions

Discretionary bonus scheme

Private health cover

Life assurance

Family friendly policies

Qualifications

• Trained in a Big 4 or top-tier tax advisory firm with strong experience in VAT/indirect tax.
• Solid understanding of UK VAT rules, especially in financial services.
• Strong analytical skills and attention to detail.

Responsibilities

• Manage VAT compliance and timely submission of VAT returns.
• Maintain and develop the Partial Exemption Special Method (PESM).
• Provide VAT advice on transactions, new products, and operational changes.

Skills

Tax Experience

Accounting Software

GAAP

QuickBooks

Accounting

Sage

Account Reconciliation

Analysis Skills

Research Experience

SOX

Microsoft Excel

Financial Analysis

Education

Qualified accountant or tax advisor (e.g. ACA / CTA)

Job description

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.

Key Skills

• Tax Experience
• Accounting Software
• GAAP
• QuickBooks
• Accounting
• Sage
• Account Reconciliation
• Analysis Skills
• Research Experience
• SOX
• Microsoft Excel
• Financial Analysis

Employment Type

Full-Time

Department / Functional Area

Finance