Tax Manager - Transfer Pricing (FTC 9 month) London, England
Lloyds Banking Group
Full Time
London, England
71577 - 79530 GBP ANNUAL Today
Job description
End Date
Monday 22 May 2023
Salary Range
£71,577 - £79,530Agile Working Options
Job Description
Tax Manager, Transfer Pricing
At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best bank for our customers. What we do makes a genuine difference to families, businesses and communities and we’re playing a central role in crafting a growing UK economy. Finance is key to that success by securing and building the financial strength and performance of the Bank.
Group Tax is a key function within the Finance community of LBG, having responsibility for owning our Group's tax affairs, ensuring that the tax consequences of all transactions are understood and that the group is in compliance with all of its statutory obligations. The pace of legislative and regulatory change makes this an exciting time to join the Group Tax team and contribute to the Group vision.
This specialist role will support LBG’s business activities with particular emphases on:
- Service provision/Cost allocation across the group
- All aspects of Group Treasury Activities
- Meeting transfer pricing documentation obligations
- Profit attribution for overseas branches
- Providing specialist transfer pricing support on internal restructuring and acquisition & disposal projects
- Supporting interactions with tax authorities and regulators
- Ad-hoc advice in relation to various product offerings
You'll assist the group’s Transfer Pricing Senior Manager in day to day transfer pricing matters. You'll establish a positive relationship with key partners in tax, finance and the business to contribute by being a recognised TP specialist.
You'll work across the wider LBG business and control functions, to understand the applicability of tax policies and implementation of these. You'll be responsible for ensuring alignment to and full compliance with a range of group policy requirements.
This role calls for the ability to work with process and participate in project management initiatives in the changing tax world. This will include coverage of tax risk management within a SOX, and Senior Accounting Officer environment, to the backdrop of growing public scrutiny of tax affairs of large corporates, at the same time as growing obligations to be transparent. You’ll focus on continuous improvement including process efficiencies, and simplification.
Depending upon the candidate’s experience, there may be scope to extend the role to cover various other international tax aspects impacting the group.
Tax legislation is changing and evolving and therefore focus on tax matters requires the need to proactively engage in self-development and professional training initiatives for you as well as other colleagues.
Desirable Skills / Qualifications
- Transfer pricing or tax specialist with an established track record within practice or industry in that area
- Professional Accountancy, Tax and/or Economics qualifications, e.g. ACA, CA, ATT, CTA, ADIT
- Good current knowledge and experience of transfer pricing guidance and relevant tax legislation
- Good understanding of risk expectations for a tax function impacted by SOX, SAO, and Public Tax Strategy regimes
- Financial Services background
Key attributes
- Experience in delivering high quality transfer pricing documentation
- Experience of working with peers to ensure efficient and effective delivery
- Understanding of operational transfer pricing
- Good oral and written communication skills
- Strong analytical and interpretative skills
- Strong core IT skills
We're dedicated to giving you opportunities and support to develop you both professionally and personally to optimise your potential! As a new colleague to the team, you’ll join us on our journey to build a 21st century bank that reflects modern Britain and craft an inclusive culture where all colleagues feel encouraged and valued. We're also passionate about diversity and equal opportunity with industry recognition across gender, ethnicity, disability, LGBTQ+ and families. And, being disability positive, reasonable adjustments can be accommodated in our Recruitment process, just let us know.
We work in hybrid ways which involves spending at least two days per week or 40% of their time at one of our office sites.
You'll also receive;
- A competitive salary.
- A discretionary bonus.
- Private medical insurance.
- Pension contributions up to a maximum of 15% of your salary.
- Share plans.
- 28 days paid holiday each year, plus Bank Holidays.
If you're excited by this role please apply as we'd love to hear from you.
Together we’ll make it possible!
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
