Investment Tax Senior Manager

Railpen; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

Railpen is seeking a Senior Investment Tax Manager to join its Investment Tax Team in London. The role involves providing tax advice for various investments and overseeing compliance for portfolio companies. The ideal candidate will have a relevant tax/accounting qualification, experience in real assets, and strong communication skills to liaise effectively with diverse teams.

Benefits

28 days annual leave plus bank holidays

Generous annual bonus plan

Private Medical Insurance

Flexible working options

Electric vehicle leasing

Qualifications

• Experience in a deals team/real assets team.
• Knowledge of various UK taxes (corporation tax, VAT, etc.).
• Ability to explain tax issues to non-tax colleagues.

Responsibilities

• Provide effective transactional tax advice for investment teams.
• Oversee UK tax compliance for portfolio companies.
• Address adhoc tax queries on prospective projects.

Skills

UK tax knowledge

Effective communication

Deal structuring awareness

Education

Relevant Tax and/or accounting qualification

Job description

We have an exciting opportunity for a newly created role of Senior Investment Tax Managerto join our Investment Tax Team, within the wider Fund Operations team. This is a permanent role working out of our London office (hybrid working)

Who we are

Railpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds.

Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.

Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our interactions with others. They are what we stand for.

The role

As the Senior Investment Tax Manager you will support the Head of Investment Tax with the provision of effective transactional tax advice to our Investment teams. This will incorporate providing advice and/or overseeing the delivery of third party advice across a number infrastructure and renewables investments, UK real estate investments, and global private equity investments. It will also include supporting on investments into traditional funds.

The transactional support will encompass tax structuring and tax due diligence, review and input into transactional documents, working with investment colleagues to understand and input into tax assumptions as part of the underwriting process.

You will also support colleagues by answering adhoc tax queries on prospective projects as well as responding on adhoc queries

The role will also have responsibility for oversight of UK tax compliance for portfolio companies with a direct report who you will have oversight of, supporting in the delivery of the UK tax filing obligations.

The person

The successful candidate will have a relevant Tax and/or accounting qualification, alongside experience of working in a deals team/real assets team and good awareness of tax issues relevant to these asset classes.

Exposure to a range of UK taxes (inc. corporation tax, VAT, CIS, SDLT) and different types of investment
holding entities, is key for this role and experience of US tax implications of investing into private equity funds would be desirable.

You will be a confident, influential and an effective communicator who can unite diverse individuals and opinions and reach mutually agreed positions, when seeking views across the organisation. You will have the ability to constructively challenge peers and welcome challenge in return. Being dependable and building strong relationships across the business is key whilst always acting in the best interests of Railpen.

You should be comfortable in explaining tax issues to non-tax colleagues and be able to articulate, and provide views on, areas of uncertainty.

What we can offer you Rewarding you

• A competitive salary (depending on experience)

• 28 days annual leave plus bank holidays

• Generous annual bonus plan

• We provide membership of the Railways Pension Scheme, a Defined Benefit arrangement under which you get a pension for life and a lump sum when you retire, based on your length of service and pay

• 4x Life Assurance cover

• Colleague referral scheme

Heath & Wellbeing

• Private Medical Insurance

• Employee assistance programme

• Health cash plan

• Eye care vouchers

• Flu vaccination

Lifestyle

• We support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leave

• Buy and sell holidays

• Give as you earn scheme

• Paid volunteering days

• Flexible half days leave

• Electric vehicle leasing

• Cycle to work scheme

Next Steps

Please apply for the apply button or visit Careers Page by 5pm on 4th August 2025.

Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life