Corporate Tax Senior Manager (Banking)

Simpson Booth are recruiting a Corporate Tax Senior Manager for a leading professional Services Firm based in Glasgow. This role will be working within the Banking sector and past experience within the sector is required.
You will be able to demonstrate exceptional tax compliance skills, specialist knowledge of banking and asset finance tax issues, practical experience of applying that specialist knowledge in the preparation of tax computations, the ability to work to tight deadlines and produce a first class product ready for issue to our clients.
Roles and Responsibilities
- Take ultimate management and control of the compliance process and achieving key performance indicators on allocated clients.
- Continually review and monitor the client processes and risks, identify and implement process improvements.
- Provide coaching and support to junior staff in the team
- Become involved in larger, more complex clients requiring senior input.
- Ensure technical issues are identified within the computation and resolved, with supporting technical analysis.
- Undertake a final review of tax computations, before sending to clients, as appropriate.
- Ensure all tax computations sent out to clients are high quality, technically accurate and meeting internal best practice standards.
- Provide ad hoc advice to the local office team / client, as requested, including providing assistance in the drafting of responses to HMRC correspondence and preparing tax accounting disclosures on selected clients.
- Ensure client administration is completed appropriately by your team and that appropriate risk management procedures are adhered to.
- Maintain a strong awareness of other company offerings (training will be provided) and identify any additional opportunities for the wider firm, flagging them to the relevant teams for action.
Qualifications and Skills
ATT / CTA / ACA or equivalent qualifications.
Experience and Background
- Strong experience of review of corporate tax computations and returns.
- Track record of identifying and resolving technical issues
- Specialist knowledge of banking and asset finance tax issues and practical experience of applying that knowledge in the preparation of tax computations, including foreign branch bank capital attribution adjustments, bank loss offset rules, bank surcharge tax and the treatment of finance lessors.
- Experience of other specific technical areas including: complex capital versus revenue treatment; pension scheme and share scheme adjustments; group relief; more complex transfer pricing issues such as thin capitalisation; UK GAAP tax accounting for single entities and simple groups; consolidated accounting and IFRS issues; tax loss planning; claims and elections; controlled foreign companies; worldwide debt calculations; capital gains issues (e.g. substantial shareholdings exemption, roll over relief); company reorganisations.
- Ability to recognise and flag additional opportunities for the Tax Practice.
- Ability to identify and implement process improvements.
- Strong interpersonal skills are required in addition to strong oral and written communication skills.
- Excellent team working skills are required, including delegation, managing teams and developing junior staff.
- Excellent organisational skills are required, including workflow management, monitoring and managing risk and financial management.