Barclays Retail Bank is looking for a indirect tax assistant manager or manager to join their busy team. Someone with indirect tax experience but not FS experience will also be considered if the candidate is ambitious and dedicated.

Key responsibilities:

Business Support

• VAT advice on structuring transactions and mitigating VAT risk within GRB
• Resolve ad hoc VAT queries as they arise
• Provide VAT sign off for new products including liaising with other tax colleagues (Corporation tax, TP etc) as appropriate to ensure all tax risk is considered
• Advice on procurement, including reviewing contracts and ensuring VAT efficiency where possible
• Assist in developing ideas, providing input to various VAT savings and mitigation initiatives

Planning & Control (30%)

• Review and consolidate VAT returns and voluntary disclosures
• Provide input and recommendations into systems development from a VAT perspective
• Ensure VAT declared/recovered correctly, e.g. catering, client entertainment
• Manage VAT audits and dealing with tax authority enquiries
• Manage VAT payments and budgets
• Ensure practical implementation of any VAT opportunities

Team Building (10%)

• Face-off to the GRB business areas
• Provide training for accounts payable staff on basic VAT issues and VAT coding
• Provide VAT technical training and support for other VAT team members and graduate trainees where required
• Assist with raising profile of VAT team, e.g. presentations to business areas

Qualifications/Experience

• University degree (minimum 2:2). Preferred not essential
• ACA or CTA or other relevant professional (e.g. legal) qualification an advantage
• Knowledge of global VAT systems and partial exemption

Skills

Demonstrate abilities within each of the following competencies:

Control Environment

• Understands and complies with all applicable governance, compliance, risk policies and procedures
• Escalates breaches of policies and procedures appropriately

Technical Knowledge

• Good understanding and experience of VAT and financial services including experience of place of supply, time of supply and partial exemption
• Keeps up to date with VAT developments (UK and EU), particularly pre budget report and budget, case law (domestic and EU)
• Good knowledge of the processes and tools for VAT reporting and compliance, disclosure and dispute resolution

Business Skills

• Excellent communication and influencing skills
• Solve problems effectively and creatively with commercial awareness
• Initiate and implements projects effectively including coordination of other Barclays staff
• Effective communicator (oral and in writing) in both formal and informal settings
• Strives to improve customer relations
• Seeks out areas for process improvement

Management & Leadership

• Prioritises objectives and manages own workload
• Willingly passes on knowledge

Personal and Interpersonal Skills

• Works well as part of the team and maintains good professional relations with team members
• Is able to collaborate effectively with colleagues outside immediate team and department
• Displays integrity, initiative and commitment through interactions with colleagues and clients
• Aware of personal development needs and works to gain the experiences and training necessary to progress professionally and remain current

Commercial Effectiveness

• Maintains a good understanding of GRB issues and developments.
• Maintains a good reputation and consistently manages and satisfies client expectations.

These criteria are neither exhaustive nor conclusive but typify the make-up of staff the firm considers eligible to be awarded each title. They are not intended to be viewed as a checklist, but as a suggestion of the characteristics that should be observed in an employee at each level.

Next step
Please contact Catherine Nash in our dedicated financial services tax team.