Indirect Tax - IPT specialist - Global Insurance group

  • Location

    London, England

  • Sector:

    Tax in Commerce & Industry

  • Job type:

    Permanent

  • Salary:

    £60000 - £80000 per annum

  • Contact:

    Mo Hanslod

  • Contact email:

    bmdaxtraadresp@thesrgroup.com

  • Job ref:

    PR/206321_1645716182

  • Published:

    3 months ago

  • Expiry date:

    2022-03-26

  • Consultant:

    #

With offices around the world, this is a fantastic opportunity to join a leading specialty insurance group.

Key Responsibilities:

Business Partnering and Decision Support on Indirect Tax Matters

  • Advising/Supporting Heads of Underwriting Department and their teams on any indirect tax related matters
  • Decision support on indirect tax implications of any new acquisition or structural changes, involving external advisors where necessary.

Insurance Premium Tax Returns

  • Monitor and advise the business of the implications of any IPT changes
  • Point of contact for the review the IPT returns in the International division
  • Manage any IPT enquiries from tax authority's relation to the UK and European operations
  • Review of the Indirect Tax Balance Sheet account reconciliations

Value Added Tax Returns

  • Review and monitor the International Division VAT strategy in light of any legislative or case law changes
  • Respond to VAT enquiries from the business
  • Oversight of the VAT compliance work
  • In depth review the VAT returns
  • Review of the VAT Balance Sheet account reconciliations
  • Manage correspondence with tax authorities

Federal Excise Tax:

  • Oversee the reporting of Federal Excise Taxes
  • Liaise with Houston Office Tax Department and Lloyds on FET reporting
  • Review account reconciliations

Other:

  • Oversee GST returns for Canada, New Zealand, Australia
  • Supervise and support direct report
  • Ad hoc project work for International finance dept. on tax related matters as required
  • Reporting to US Tax Team in Houston as required
  • Keep up to date with all relevant tax legislation in the UK and overseas as needed
  • Ensure the Policy and Procedure Manual is up to date with regard to Indirect Taxes

Qualifications and Experience Specification:

Essential

  • Minimum 5 years work experience post university
  • Insurance Industry experience
  • Minimum 3 years' experience of Premium Taxes and/or VAT
  • Tax Qualification
  • Good understanding of accounting principles and interdependencies with tax
  • IT literate with intermediate Excel
  • Excellent communication skills

For more information, please contact Mo Hanslod at Brewer Morris.

Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.

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