Tax Manager - Legal & General

Jobs via eFinancialCareers; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated tax professional to support transaction activities within a dynamic Tax Team. This role involves collaborating with various stakeholders to ensure compliance with tax policies while managing complex transactions. You will lead tax workstreams for M&A and investment activities, providing critical insights and guidance on tax structuring. With a focus on building strong relationships and effective communication, you will play a key role in navigating the complexities of tax regulations. Join a forward-thinking organization that values your contributions and offers a supportive environment for professional growth.

Benefits

Annual performance-related bonus plan

Generous pension contribution

Life assurance

Private medical insurance

At least 25 days holiday

Competitive family leave

Electric car scheme

Employee discounts

Qualifications

• Qualified Accountant or equivalent experience in financial accounting.
• Knowledge of UK Taxes Acts and ability to communicate complex issues.

Responsibilities

• Support tax workstreams for M&A and investment activities.
• Review tax due diligence reports and manage risks in agreements.

Skills

Financial Accounting

Tax Knowledge (UK Taxes Acts)

Communication Skills

Problem Solving

Relationship Building

Prioritization and Planning

Education

Qualified Accountant

Member of Chartered Institute of Taxation

Job description

Company Description

Legal & General is a leading UK financial services group and major global investor. We've been safeguarding people's financial futures since 1836, aiming to build a better society for the long term by investing our customers' money in things that make life better for everyone and create value for our shareholders.

Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best.

Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.

Job Description

We have a newly created fixed term contract opportunity to support on transaction activity during a period of growth within the Tax Team. The role is to work within Group Tax to support Asset Management (and in particular Private Markets), Institutional Retirement and Corporate Investments on M&A and investment activity.

The role holder is responsible for leading (or, where relevant, supporting) the tax workstream across a portfolio of transaction activity and being the key point of contact for all relevant tax matters.

The role holder will be expected to work closely with other members of the tax team to ensure the right advice is sourced, the Group Tax Policy is adhered to, risks are appropriately flagged and accepted, and (where relevant) ongoing implementation obligations are communicated and understood.

What you'll be doing:

• Supporting the Head of Private Markets Tax and Head of Asset Management Tax and working with external advisors to structure property or property SPV acquisitions. This includes consideration of transaction tax issues (SDLT, LBTT, LTT, VAT), tax residence and PE, inherent gains, future use of property (investment vs build to rent vs develop to sell), direct tax issues, financing, transfer pricing and withholding tax.
• Supporting the Head of Insurance & Investments Tax and Head of Bermuda Tax and work with external advisors on investment tax matters, including advising on UK and international investment structuring, bearing in mind the Group's regulatory requirements.
• Supporting tax workstreams relating to corporate M&A or other corporate structuring matters. This could include corporate acquisitions, disposals, joint ventures or liquidations of group companies.
• Reviewing external advisors' tax due diligence reports and manage risks within Sale and Purchase agreements' warranties/indemnities drafting and purchase price negotiations.
• Translating L&G's tax risk appetite for external advisors and internal stakeholders, ensuring decisions taken are appropriate and within the tax policy. Drafting disclosures to HMRC when required. Escalate tax risks.
• Ensuring that relevant colleagues or external advisors are lined up to implement any post deal obligations, such as VAT registration and option to tax, capital allowance election, SDLT / LBTT / LTT returns, CIS returns, etc.

Qualifications

Who we're looking for:

• Qualified Accountant, or with sufficient experience of financial accounting to maintain up-to-date professional knowledge.
• Member or fellow of the Chartered Institute of Taxation or with sufficient tax experience to maintain up-to-date professional knowledge.
• Knowledge of UK Taxes Acts covering corporation tax, income tax, VAT and stamp duty to the extent that they apply to the companies in the group for which tax responsibility held.
• Understanding of the key concepts which drive regulation within our markets.
• Ability to communicate complex technical issues in a clear, simple manner to a wide audience and to solve complex problems at short notice and under stressed situations.
• Ability to review for trends, anticipate problems/omissions and consider potential ways to mitigate them.
• Building and developing strong relationships with staff, peers and other contacts within the business and with external stakeholders.
• Prioritisation, planning and organisation of multi task/person assignments.

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Private medical insurance (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
• There are the many discounts we offer - both for our own products and at a range of high street stores and online
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information

Legal & General is a leading financial services group and major global investor, named Britain's Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers' money in things that make life better for everyone.

If you join us, you'll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you're open to find out more, we'd love to hear from you.