About The Role Purpose
This is a newly created role to manage the tax affairs of 7IM with the opportunity to develop and enhance existing skills, while being accountable to ensure tax compliance and tax consideration for future strategic growth. The role will sit within the External Reporting team, who are responsible for financial reporting (including statutory), tax reporting and regulatory reporting for the 7IM group.
Responsibilities
- Preparation of tax reporting for the 7IM group, ensuring controls are in place to guarantee accuracy.
- Tax horizon scanning – staying updated on tax legislation changes, understanding and considering them on behalf of 7IM, and advising the business.
- Keeping up to date with technical tax requirements and forthcoming changes, implementing changes to processes and procedures as required.
- Corporation Tax: Review of month‑end accruals for corporation tax and deferred tax, and monthly balance sheet reconciliations of recorded tax positions.
- Liaison with external third parties for the preparation of corporate and partnership returns and supplying required information.
- Calculation of quarterly Payment on Account where relevant.
- Ensuring tax computations and returns are filed with HMRC in correct format, accurate and on time.
- VAT: Preparation of quarterly VAT returns for UK entities in line with the PESM.
- Presentation of VAT returns to the Financial Controller for review prior to submission.
- Liaison with the wider finance team to ensure appropriate recognition of VAT (e.g., reverse charge, bookings to the ledger).
- Ensuring VAT returns are submitted timely together with payment.
- Respond to all VAT‑related queries promptly, using external guidance where required.
- Senior Accounting Officer: Ensure that adequate controls are in place across the business in relation to taxes as required by the Senior Accounting Officer regime.
- Maintain documentation to support the Bottom‑Up Risk Map.
- Preparation of the Senior Accounting Officer pack and presentation to Senior Finance for review and approval.
- Provide ongoing support to the business including delivering advice and guidance on new initiatives, revenue streams, and their tax implications.
- Act as the point of contact for the business with HMRC on all tax matters.
- Coordinate Monthly Tax Governance meetings.
- Involvement in ad‑hoc projects to provide input on tax.
- Provide support to the wider finance team on accounting for tax, including VAT and detailed tax calculations.
About You
- Proven experience within a tax function (ideally the financial services sector).
- Experience in direct and indirect taxes.
- Previous experience dealing with HMRC.
- Strong Excel skills.
- Good commercial awareness; keeps up to date with tax requirements.
- Attention to detail.
- Team player.
Qualifications
- Professional qualification in accounting (ACA, CA, ACCA, etc.) or tax (ATT or CTA).
Skills / Other relevant information
- Strong Excel skills.
- Good commercial awareness; keeps up to date with tax requirements.
- Attention to detail.
- Team player.