UK Corporate Tax Senior Manager

As a UK Corporate Tax Senior Manager, you’ll play a pivotal role within the corporate tax forecasting, reporting, and compliance team, acting as a trusted tax subject matter expert responsible for providing and reviewing technical insight, analysis and conclusions on a variety of technical areas. You’ll take ownership of key tax forecasting, reporting, and compliance deliverables, applying your strong technical knowledge to ensure outputs are accurate, robust, and aligned with tax legislation and financial reporting requirements. You’ll work closely with colleagues across Finance and Tax to provide clear insight into tax positions and support high-quality decision-making.  You’ll also own resolution of specific technical issues as they arise and participate in strategic projects arising from business change, as well as driving continuous improvement in our processes and proactively supporting a range of tax risk management and governance activities.

You’ll partner closely with a wide range colleagues in different teams, including the Tax Advisory team and other tax functional teams on transactional analysis, deploying commercial awareness and bringing technical expertise to complex business activity. You’ll also work collaboratively with the overseas tax teams to ensure the group’s tax position is reflected appropriately and that group compliance obligations (such as Global Minimum Tax and Country by Country Reporting) are met. You’ll be expected to engage with external stakeholders, potentially including our outsourced tax compliance provider, group auditor and HMRC, as well as supporting and coaching more junior members of the team.

Essential Skills/Basic Qualifications:

• ACA/CTA (or local country equivalent)
• Experience of tax compliance / group tax reporting processes within a large UK headquartered multi-national business
• Ability to manage complex tax and tax accounting analysis covering a range of tax technical areas.
• Ability to work dynamically within a large team and to work collaboratively with other teams outside Tax
• Ability to initiate and drive improvements in processes
• Ability to communicate complex technical issues effectively to non-specialist/senior stakeholders
• Willingness to work flexibly and respond to constantly changing priorities

Desirable skills/Preferred Qualifications:

• Experience of tax issues affecting financial services groups
• Experience/awareness of OECD Global Minimum Tax rules

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Purpose of the role

To safeguard the financial interests of the bank, using expertise and diligence to maintain tax compliance, mitigate tax risks and ensure tax is appropriately reflected in the Group’s financial planning and external financial reporting.    

Accountabilities

• Preparation or review of relevant tax returns in accordance with applicable tax law and agreeing compliance positions with the tax authorities.
• Preparation or review of tax accounting calculations and disclosures in accordance with applicable accounting standards for group forecasting, reporting and stress testing.
• Provision of technical insight, analysis and conclusions on a variety of tax technical areas to determine appropriate tax treatment.
• Analysis of relevant developments in tax law to ensure the impact on Barclays is understood and appropriately managed.
• Design and operation of tax process controls to ensure tax risk is appropriately managed and tax treatments can be supported.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.