Job Description Summary
This is a unique opportunity to join the VAT Team within Group Tax, helping to manage VAT risk across Lloyds Banking Group as a whole.
With a Group-wide remit, you'll combine your indirect tax expertise with close partnership across the business, providing high-quality advice and helping ensure our VAT activities, processes and controls are effective.
You'll have the opportunity to get involved in a broad range of work, from advising on new products, income streams and transactions to strengthening VAT compliance and identifying opportunities to improve how we work!
JOB TITLE: Senior Tax Manager – Indirect Tax
SALARY: £107,304 - £126,240
LOCATION: London, Old Broad Street
ADDITIONAL LOCATIONS: Edinburgh & Leeds
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.
About this opportunity
The VAT Team sits within Group Tax and plays an important role in managing VAT risk across Lloyds Banking Group. You'll join a collaborative team, using your technical expertise to provide high-quality analysis and practical, insightful advice to colleagues across the Group.
What you'll be doing:
•Provide high-quality indirect tax advice across the business on new income streams, products and transactions.
•Build strong relationships with key internal partners, acting as a business partner to understand new products and transactions.
•Ensure VAT compliance by reviewing returns, working with business areas and providing dashboards to senior colleagues.
•Lead systems and process assurance reviews, identifying indirect tax risks and working with owners to resolve issues and establish effective governance and controls.
•Improve and streamline VAT activities and processes using the Group's tax technology resources.
•Work with the business to document processes and controls, and monitor their implementation.
•Design and deliver tailored training to address capability gaps and improve performance.
•Analyse data from multiple sources to identify key themes and potential business impacts.
•Identify shortcomings and improve VAT processes and structures across owned business areas.
•Develop procedures and interpret policy to deliver required business outcomes.
What we're looking for:
•Trusted VAT Advisor: strong capability in applying VAT expertise to ensure VAT reporting obligations are fulfilled, tracked and appropriately managed. Preferably CTA or equivalent work experience within the Financial Services industry.
•Risk Management: the ability to consider tax risk holistically, anticipate emerging issues and apply sound judgement when priorities or circumstances are complex.
•Tax Technology and Data Management: the ability to interpret technical information objectively, identify assumptions or gaps and develop well-reasoned solutions and advice.
•Communication: the ability to understand different perspectives and explain complex information clearly, meaningfully and in a way that suits the stakeholder.
•Collaboration: the ability to develop effective working relationships and work across organisational boundaries to achieve shared outcomes.
Whilst this job advert may reference specific years of experience, relevant, transferable experience is also welcomed.
Benefits package includes:
•A generous pension contribution of up to 15%
•An annual performance-related bonus
•Share schemes including free shares
•Benefits you can adapt to your lifestyle, such as discounted shopping
•30 days' holiday, with bank holidays on top
•A range of wellbeing initiatives and generous parental leave policies
Reasonable workplace adjustments are offered for colleagues with disabilities, including flexibility in office attendance, location and working patterns. As a Disability Confident Leader, interviews are guaranteed for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
