Tax Manager / Direct Tax

AWD online; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

Lloyd's is seeking a Direct Tax Manager to oversee tax compliance and reporting for the Corporation and its UK subsidiaries. The ideal candidate will manage a team of junior staff, ensure compliance with risk requirements, and provide technical support for tax projects. This role offers the opportunity to work in a dynamic environment focused on innovation and inclusion.

Benefits

Generous pension

Healthcare benefits

Flexible working options

Employee recognition scheme

Qualifications

• Solid grounding in UK corporation tax compliance is essential.
• Existing tax qualifications or willingness to obtain preferred.
• Strong oral and written communication skills.

Responsibilities

• Prepare and deliver UK tax returns and compliance.
• Monitor key controls within tax department.
• Act as principal contact for direct tax matters.

Skills

UK corporation tax compliance

Direct tax technical analysis

Communication skills

Attention to detail

Education

ACA, CTA, ACCA, CIMA

Job description

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Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd’s are currently looking to recruit a Direct Tax Manager, to deal with direct tax issues affecting the Corporation, taking responsibility for direct tax compliance, reporting and payment obligations of the Corporation and its UK subsidiaries, ensuring compliance with risk and governance requirements, oversight of the Corporation’s overseas subsidiaries, technical input into project and advisory work and line management, training and development responsibility for junior member of staff.

The Tax team is part of the Finance Directorate within The Corporation of Lloyd’s.

The Tax Department manages the tax affairs of the Corporation and provides support and assistance to the Lloyd’s Market on tax matters affecting the Market, including the filing of tax returns and payment of taxes. It also represents the interests of the Lloyd’s Market with UK and overseas tax authorities.

Principal Accountabilities for the Direct Tax Manager

• Responsibility for preparation and delivery of UK tax returns and other UK compliance ( CbCR, CIR etc) for the Corporation and its UK subsidiaries for review by a senior manager with support from junior member of the team
• Responsibility for preparation and delivery of the consolidated group tax reporting workbook for review by a senior manager with support from junior member of the team
• Providing direct tax technical analysis to and leading on Lloyd’s Corporation projects and queries
• Responsibility for monitoring the operation of key controls within tax department
• Responsibility for maintaining governance framework for overseas network
• Liaise with HMRC on areas relevant to role
• Act as a principal point of contact outside of the department for direct tax matters and provide support to other departments on direct tax issues
• Management and development responsibility for junior member of staff

Skills Knowledge required for the Direct Tax Manager

• ACA, CTA or similar qualification ( ACCA, CIMA); existing tax qualifications or willingness to obtain preferred
• Solid grounding in UK corporation tax compliance and reporting is essential and an awareness of other taxes ( capital gains tax, VAT, PAYE and premium taxes)
• Solid and broad knowledge of key UK and international direct tax issues and the tax environment
• Either in-depth knowledge of or the ability to develop and maintain an in depth knowledge of the insurance industry and the Lloyd’s market
• Strong oral and written communication skills and the ability to provide guidance to others and communicate tax-technical issues to a non-tax audience
• Excellent attention to detail
• Ability to organise and prioritise work and work independently with guidance only on complex issues
• Ability to work as part of a team and liaise with other departments and external contacts
• Ability to analyse changes in legislation and assess impact of changes on Lloyd’s and its members
• Proactive attitude toward identifying issues and recommending solutions based on initiative, experience and understanding of procedures
• Confidence to challenge information provided and to use initiative especially in dealing with areas of ambiguity
• Consultative approach and the ability to manage conflicting views

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

NO AGENCIES PLEASE

JOB REF: AWDO-P12023

This job is being advertised by AWD online on behalf of Lloyd’s

Direct Tax Manager Jobs | Finance Jobs | ACA | CTA | ACCA | CIMA | Accountancy | Tax Accountant

Job Description

Direct Tax Manager

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd’s are currently looking to recruit a Direct Tax Manager, to deal with direct tax issues affecting the Corporation, taking responsibility for direct tax compliance, reporting and payment obligations of the Corporation and its UK subsidiaries, ensuring compliance with risk and governance requirements, oversight of the Corporation’s overseas subsidiaries, technical input into project and advisory work and line management, training and development responsibility for junior member of staff.

The Tax team is part of the Finance Directorate within The Corporation of Lloyd’s.

The Tax Department manages the tax affairs of the Corporation and provides support and assistance to the Lloyd’s Market on tax matters affecting the Market, including the filing of tax returns and payment of taxes. It also represents the interests of the Lloyd’s Market with UK and overseas tax authorities.

Principal Accountabilities for the Direct Tax Manager

Responsibility for preparation and delivery of UK tax returns and other UK compliance ( CbCR, CIR etc) for the Corporation and its UK subsidiaries for review by a senior manager with support from junior member of the team

Responsibility for preparation and delivery of the consolidated group tax reporting workbook for review by a senior manager with support from junior member of the team

Providing direct tax technical analysis to and leading on Lloyd’s Corporation projects and queries

Responsibility for monitoring the operation of key controls within tax department

Responsibility for maintaining governance framework for overseas network

Liaise with HMRC on areas relevant to role

Act as a principal point of contact outside of the department for direct tax matters and provide support to other departments on direct tax issues

Management and development responsibility for junior member of staff

Skills Knowledge required for the Direct Tax Manager

ACA, CTA or similar qualification ( ACCA, CIMA); existing tax qualifications or willingness to obtain preferred

Solid grounding in UK corporation tax compliance and reporting is essential and an awareness of other taxes ( capital gains tax, VAT, PAYE and premium taxes)

Solid and broad knowledge of key UK and international direct tax issues and the tax environment

Either in-depth knowledge of or the ability to develop and maintain an in depth knowledge of the insurance industry and the Lloyd’s market

Strong oral and written communication skills and the ability to provide guidance to others and communicate tax-technical issues to a non-tax audience

Excellent attention to detail

Ability to organise and prioritise work and work independently with guidance only on complex issues

Ability to work as part of a team and liaise with other departments and external contacts

Ability to analyse changes in legislation and assess impact of changes on Lloyd’s and its members

Proactive attitude toward identifying issues and recommending solutions based on initiative, experience and understanding of procedures

Confidence to challenge information provided and to use initiative especially in dealing with areas of ambiguity

Consultative approach and the ability to manage conflicting views

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

NO AGENCIES PLEASE

JOB REF: AWDO-P12023

This job is being advertised by AWD online on behalf of Lloyd’s

Direct Tax Manager Jobs | Finance Jobs | ACA | CTA | ACCA | CIMA | Accountancy | Tax Accountant