Tax Manager - London, United Kingdom - WorldFirst

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    Description

    Description

    Position at WorldFirst

    Introduction:

    We're WorldFirst, an international payments business helping move money around the world. We became part of Ant Group in 2019, accelerating our mission to create the world's best platform for international trade by combining WorldFirst's products with Ant's solutions aimed at enabling the digitalization of the modern services industry globally.

    We have a shared purpose 'to make it easy to do business anywhere.' Together, we are advancing our shared aim of bringing innovative, inclusive and affordable services to small and medium-sized businesses and online merchants in the rapidly growing area of cross-border trade.

    What you'll do:

    Three main pillars:
    Tax Advisory

  • Liaise with our partners tax team to identify tax compliance and reporting obligations, issues from due diligence when entering new market locations, and offering new products.
  • Keep up to date with changes in tax laws and provide regular updates to our partners and escalate as appropriate.
  • Proactively research topics to minimise the use of external tax consultants.
  • Ensure tax processes, controls and risks are documented and undertake a process of continuous improvement to reduce risk and drive efficiencies.
  • Manage transition for requirements for Making Tax Digital.
  • Tax Compliance:

  • Ensure the timely preparation and submission of all tax obligations across the group including corporation tax, VAT and other tax obligations such as transfer pricing documentation and withholding tax returns.
  • Supervise the calculation and payment of all tax payments on account and monthly transfer pricing calculations.
  • Manage the status of all returns and payments and identify key points for escalation to the Head of Tax.
  • Aligning policies, controls and process as part of the post acquisition integration.
  • Tax Reporting

  • Prepare month-end and year-end tax provisions for inclusion in management and statutory accounts. Ensure tax is reconciled to the submitted returns.
  • Preparation of tax notes for inclusion in statutory accounts and liaise with auditors as necessary.
  • Work with external advisors to prepare the reports to be submitted to Dutch Tax Authorities as per Dutch domestic reporting requirement for financial institution.
  • Review tax assumptions in budgets, forecasts and business plans.
  • Keep up to date with changes to ERP system for tax reporting.
  • What we're looking for:

    We do not expect the final candidate to be an expert in the local tax requirements of all the jurisdictions that World First operates. However, we do expect them to have:

  • Good knowledge of UK tax and exposure to Dutch tax.
  • Skills in Microsoft Excel and ERP financial systems.
  • Previous experience working in-house.
  • Understanding of UK VAT.
  • Good knowledge of transfer pricing requirements, global PE risk and the ongoing BEPS projects.
  • Some understanding of UK R&D claims.
  • Ability to confidently manage external advisors.
  • Able to work proactively and independently and be accountable.
  • Well organised and can work under pressure.
  • Qualified Tax professional - ACA, ACCA, CTA or equivalentis advantageous.