The team

The Finance team has been through a recent rapid expansion and continues to add expertise to support the growth of the business. The Head of Tax joined the business in July 2021, and the business is now looking to expand the tax team to assist with the financial and tax reporting requirements in the UK and internationally, as well as assist with ad hoc projects as the business expands into new Geographies, exploits new technology, and expands its product range.

The role

Reporting to the Head of Tax, your role will be varied across all main areas of tax (corporation tax, VAT, employment taxes), requiring you to manage various work streams and projects. Being a fast growing business, there will be ample opportunity for you to put your stamp on the role by developing systems and processes to manage the tax obligations of the group.

What excites you:

• Assisting with managing the group’s global tax compliance, filing and payment obligations, providing financial information / analysis to external advisers and reviewing returns before they are submitted.
• Helping manage the tax risk control framework, reviewing and testing tax risk controls and undertaking reconciliations to validate tax filings;
• Providing tax support to other functions within the business, undertaking technical research, and applying tax rules in a practical context, where necessary building processes and controls e.g. from providing ad hoc advice and support to our People team on aspects of payroll taxes to advising and supporting our Engineering, Product and Legal teams on the tax implications of new products and any system developments required;
• Managing US reporting obligations relevant to payment processors (1099K forms) including working with our Product Development team on any system developments, and collecting data to complete other 1099 series reporting;
• Managing the tax components of our employee share incentive schemes;
• Monitoring the application of US sales tax to our services provided in each US state;
• Reviewing / advising on the application of the company’s transfer pricing policies e.g. impact on financial statements and tax returns, including preparing calculations to support transfer pricing adjustments.
• Helping to prepare tax disclosures for the Group’s consolidated and entity level financial statements.
• Monitoring adherence to Criminal Finance Act 2017 policies and procedures;
• Reviewing indirect tax filings, systems and processes and where required devising and implementing changes to increase efficiency;
• Preparing / documenting tax systems and process as part of preparing the business for any changes to its investor base, such as IPO;
• Involvement in tax advisory projects including review of corporate structure, tax review of new lines of business, debt / equity funding, overseas expansion, M&A and integration planning, FATCA;
• Management of relationships with external tax advisers and preparers;
• Dealing with enquiries or questions from national tax authorities, investors or other stakeholders.

What excites us:

• You will be CTA or ACA qualified (preferably with Big4, though not essential if you have FS experience), ideally with in-house practical tax experience, to at least Manager level;
• You will have expertise in UK direct and indirect tax and practical knowledge of US tax at both Federal and State level. As the Group expands its US operations, the role will increasingly take on a US bias, therefore exposure to practical US tax compliance will be an advantage, including monitoring sales tax filing requirements;
• You will have a working knowledge of payroll tax issues including the taxation of benefits and expenses, and you will have an awareness of tax risks associated with employee share incentive arrangements;
• Comfortable with tax accounting and preparing tax disclosures for accounts;
• You will be a self starter and able to tackle issues as they arise, prioritising and managing your own workload;
• You will have a strong sense of ownership, and the drive required to develop the tax function, whilst still knowing your limitations and when to seek help / consult more widely;
• You will have demonstrable experience of translating tax rules into practical, commercially focused advice including devising systems and processes, reviewing legal documentation, and suggesting ways in which to manage tax risk;
• You will have a risk based approach and be pragmatic - you will be an excellent problem solver;
• You will have proven skill in analysing processes with a goal of process simplification and improvement through automation/ system development;
• You must be IT literate / confident and not feel intimidated by learning how to interrogate databases and accounting systems;
• In addition to your technical expertise, you will be an excellent communicator, and able to explain complex concepts to non experts. You will be robust when required but collaborative in your approach

Bonus points for:

• Experience in a fast-growing scaleup environment
• Experience in fintech/payments
• Experience of US tax reporting at a State level