International Tax Manager - Insurance Sector

  • Location

    City of London, London

  • Sector:

    Corporate Tax, International Tax

  • Job type:

    Permanent

  • Salary:

    £90000 - £120000 per annum

  • Contact:

    Alex Levy

  • Contact email:

    alexlevy@puresearch.com

  • Job ref:

    AL4421/ITM_1624036340

  • Published:

    about 2 months ago

  • Expiry date:

    2021-07-18

  • Startdate:

    ASAP

  • Client:

    #

We are currently recruiting for a leading global insurer who are seeking an experienced International Tax Manager to join their team.

Responsibilities include:

Reporting

  • Managing the quarterly and annual reporting process for the region (US GAAP reporting).
  • Ensuring that tax provisions and prior year adjustments are booked appropriately and on time.
  • Take ownership for the reconciliation of the balance sheet's corporate tax accounts including reconciliation of deferred tax assets & liabilities and calculation of valuation allowances.
  • Preparation of notes to include in the group accounts.
  • Managing cash forecast.
  • Managing preparation of annual audit files.
  • Preparation of quarterly Finance executive presentations.
  • Preparation/coordination of quarterly reporting memorandum (this is a document which includes a summary of required provisions, highlights areas of risk/or concerns and provides a status update on tax enquiries in the region).
  • Onesource implementation
  • Work alongside the US team for the implementation of the Onesource reporting software which went live in Q1 2021.

Corporate tax compliance

  • The corporate tax compliance encompasses the firms' Run off business (Life and non-Life), the firms' general insurance business as well as the syndicate business (Corporate names, managing agent and Syndicates). Responsibilities will include but will not be limited to:
  • Managing the process and ensuring that all the UK, European and APAC Corporate tax returns are submitted on time (circa 60/ annum).
  • Review of the tax UK computations prepared by the assistant Tax Manager.
  • Ensure that the European tax compliance is prepared, reviewed and submitted adequately.
  • Liaise with HMRC, deal with correspondence and queries.
  • Liaise with overseas advisors as and when required.
  • Ensuring that all corporate tax payments are made on time.

Restructuring and M&A

  • Assist group with strategic review of corporation tax profile.
  • Review intercompany restructuring plans and assess for UK and EU tax impacts.
  • Provide support to the M&A team for due diligence work as and when required.

Tax Governance

  • Ensure adherence to Group Tax Policies and Group Tax Risk Policy
  • Ensue SAO process and documentation are robust.

Other

  • Supervise and develop assistant managers
  • Liaise with external advisors where required.
  • Liaise with the US tax team and the business for WHT certificates and FATCA compliance matters.
  • Manage tax audits in the region with the support of external advisors.
  • Monitor legislative changes which impact the company

Please apply as soon as possible for immediate consideration.