Tax Manager

This job has now expired
Church House, Great Smith Street, London
Permanent
£60,000

The Tax Team is part of the Finance & Resources Department, which is a shared services function working across the NCIs to provide a comprehensive, cost-effective finance service to each organisation. The Tax Team is responsible for providing tax advice and support to the NCIs.

In particular, advice is provided in support of the property and investing activities of the Church Commissioners; advising on the Pensions Board investing activities; and optimising the recovery of VAT for each of the main NCIs. The Tax Team is also responsible for ensuring that all tax and VAT compliance matters are dealt with in a timely and accurate manner.

The Tax Manager works with the Head of Tax to deliver a comprehensive tax advisory and compliance service to the NCIs, deputising for them as appropriate. The post holder will:

  • Assist the Head of Tax in all matters including the development, implementation, and management of the NCIs’ taxation strategy.
  • Ensure that early advice is given to colleagues on the tax implications of any new investment or operational activity.
  • Promote the profile of the tax team across the NCIs to ensure that they are consulted on relevant matters at an early stage.
  • Ensure that any activities the NCIs undertake are assessed to ensure those not falling within the charitable tax exemptions are identified and managed efficiently.
  • Ensure that a high-quality service is consistently provided in accordance with the SLA.
  • Ensure that all statutory filing requirements are met with HMRC, Companies House, and the Charity Commission, and that statutory records are maintained.
  • Ensure that all trusts and restricted funds are properly administered, and appropriate records maintained.

The role is to assist and act in conjunction with the Head of Tax in the following areas:

Advisory work

  • To provide and document advice in relation to the following matters:
  • Investment including private equity and various situational funds in the UK and overseas
  • Real estate transactions with particular regard to exposure to SDLT, VAT, and Corporation Tax
  • Structuring trading and other activities which do not have a primary charitable purpose, through appropriate use of subsidiaries to minimise tax exposure
  • Reviewing, negotiating and agreeing VAT recovery methods (including partial exemption special methods)
  • Reviewing existing trusts/restricted funds to assess whether they have an ongoing need or whether funds can be spent out

Compliance

Preparing and submitting Corporation Tax returns for:

  • Four key NCIs [Archbishops’ Council, Church Commissioners, Church of England Pensions Board and Church of England Central Services]
  • The various trading subsidiaries and partnerships
  • Pensions schemes
  • Preparing and submitting Quarterly VAT Returns for seven different VAT Groups with the NCIs including those of the Church Commissioners and the Pensions Board which are subject to more complex partial exemption calculations
  • To assist the financial reporting and accounting teams as and when necessary in particular in respect of year end reporting and the preparation of subsidiaries’ accounts
  • Providing technical updates and training for staff in relevant areas to ensure that they have the appropriate level of knowledge of tax matters, especially VAT
  • Assisting development and maintenance of finance owned policies, e.g. anti-fraud and anti-bribery policy

Company Secretarial compliance

  • Maintaining company records, minutes of Board Meetings, submitting annual returns, updating Companies House and/or the Charity Commission, and dealing other administrative matter for:
  • All subsidiaries of the NCIs [Archbishops’ Council, Church Commissioners, Church of England Pensions Board and Church of England Central Services]
  • All trusts and charities administered by the NCIs
  • Governance matters including indemnity and insurance arrangements for Directors

External parties (inc. advisors and HMRC)

  • Liaising with external advisors as required to ensure the delivery of a high-quality service which is highly adaptable and able to meet the changing needs of the NCIs
  • Maintaining a good working relationship with HMRC to assist in achieving timely and appropriate resolution of issues as and when they arise, including the agreement of appropriate special methods for partial exemption etc.

Essential

Education:

Member of CCAB organisation or equivalent professional accounting body, or CTA qualification, or similar

Skills/Aptitudes:

  • Ability to identify and resolve complex tax issues.
  • Ability to work under pressure and use own discretion to prioritise work to meet deadlines
  • Good interpersonal skills; able to develop effective working relationships with internal clients and external advisors
  • Strong attention to detail, with the ability to analyse data and extract pertinent information
  • Excellent numerical and written skills with the ability to communicate both orally and in writing at all levels
  • Able to work on own initiative and as part of a team
  • Excellent IT skills, including confidence to utilise Excel effectively
  • Able to communicate complex issues to lay persons, and to translate technical requirements into practical application

Knowledge/Experience:

  • Experience of managing tax affairs of, or supporting/advising in-house teams of, complex organisations (incl. CT Returns etc.)
  • Experience of, and providing advice concerning, fund agreements and complex off-shore corporate structures
  • Understanding complex investments
  • Understanding of international investment activities
  • Good knowledge of VAT (particularly in relation to property) and partial exemption
  • Experience of working effectively with HMRC, maintaining positive relationships and negotiating complex arrangements

Desirable

Knowledge/Experience:

  • Experience of dealing with tax and VAT as it impacts charities
  • An understanding of legal and administrative matters relating to corporate bodies and charities
  • Good knowledge of the legal structuring of property transactions
  • An aptitude for identifying process improvements and managing subsequent change
  • Knowledge of SAP software
  • Knowledge of accounting in a property environment.

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The first duty of Government is the defence of the realm. Our Armed Forces fulfil that responsibility on behalf of the Government, sacrificing some civilian freedoms, facing danger and, sometimes, suffering serious injury or death as a result of their duty. Families also play a vital role in supporting the operational effectiveness of our Armed Forces. In return, the whole nation has a moral obligation to the members of the Naval Service, the Army and the Royal Air Force, together with their families. They deserve our respect and support, and fair treatment.

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We are committed to building a culturally diverse workforce. As part of this commitment, we welcome applications from people, regardless of their background. As a Disability Confident committed employer, it is important to note that there may be occasions where it is not practical or appropriate to interview all disabled applicants who meet the minimum criteria* due to high volume. We limit the amount of interviews conducted to five applicants per open post we advertise.

*Where applicable depending on post requirements.