Corporate Tax Vice President
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
Is the next step in your career at SMBC Group EMEA? We’re looking for a VP in EMEA Tax to join our team.
- Assist in implementing and maintaining a EMEA Pillar 2 reporting and compliance framework.
- Support the UK Head of Tax on advisory matters relating to Front Office and Group Transactions.
- Manage the optimisation of SMBC Group’s UK Bank Levy position and the compliance obligations.
- Assist in transfer pricing compliance.
- Assist in corporation tax compliance and reporting for some of the UK group companies.
- Assist in process optimisation, simplification and automation.
Business Area
This is a replacement role within the Financial Control team and has responsibility for UK Tax compliance and advisory.
Key Stakeholders:
- Chief Financial Officer & Head of Finance
- EMEA Head of Tax & UK Head of Tax
- EMEA Finance team colleagues
- Front Office / Functional leads
- Operations teams, Internal & External Audit
- HMRC
Position Description
- Design and implement a Pillar 2 reporting and compliance framework for the EMEA SMFG group. This will involve working with EMEA Finance and Head Office colleagues and external advisors. The role holder will also be responsible for maintaining and refreshing the framework in response to regulatory and organisational changes.
- Supporting the UK Head of Tax on advisory matters in relation to Front Office and Group Transactions, this includes, new products, business reorganisations, etc.
- Manage the optimisation of the SMBC Group’s UK Bank Levy position and the compliance obligations, including monitoring the Group’s Bank Levy profile, monitoring regulatory changes, etc.
- Assist in transfer pricing compliance, this will include working with SMBC Americas Division and external advisors on the Derivatives Products Group Advance Pricing Agreement.
- Assist in the corporation tax compliance, IFRS and JGAAP reporting for some of the UK group companies.
- Drive process efficiency within the team, identify opportunities for automation and system enhancements and drive delivery.
- Keep up to date with tax regulations and ensure that any changes are communicated to the relevant stakeholders.
Relevant Skills / Experience:
- Proven post-qualification experience in all aspects of tax compliance and advisory, preferably Banking Taxation.
- Experience of tax reporting for statutory accounts purposes and group reporting.
- Fully Qualified Accountant (ACA or ACCA) or equivalent.
- Strong organisational skills and time management skills
- Good numerical and analytical skills
- Robust and clear communication style
- Good team player
- Good problem solving skills
Competencies
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.