• Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • M&G Prudential
  • 2019-04-25

Indirect Tax Manager

  • Full time
  • London, England, United Kingdom
  • 25 Apr 19

Indirect Tax Manager

Working with M&G Prudential as an Indirect Tax Manager means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful savings & investments business.

The forthcoming planned de-merger of M&G Prudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.

If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.

The Opportunity

An opportunity has arisen in the M&G Real Estate Tax team for a VAT Specialist to look after UK real estate advisory and related VAT compliance obligations, working alongside the Senior VAT Manager who looks after the group's global real estate business.

Your responsibilities will be...

  • Supervision and monitoring of the work carried out by the Tax Compliance team including;

    • Reviewing the quarterly VAT numbers and EC Sales list entries for the real estate business and providing these to the Prudential VAT team for incorporation in to the Prudential Group Vat Return.
    • Monitoring and maintenance of the RPA (Robotic Process Automation) solution which produces returns for our special purpose vehicles (SPV's) and funds.
    • Review and submission of the SPV returns prepared by Tax Compliance team
    • Review and confirmation of real estate Annual Adjustment or Capital Goods Scheme calculations for M&G Prudential VAT team for incorporation into the Prudential Group Annual Adjustment.
    • Ensuring payments are made within the statutory deadlines.
  • Developing expertise in advising on UK and international Real Estate acquisitions and disposals and related transactions under supervision of Senior Vat Manager.
  • Preparation of voluntary disclosures, where required, and assisting with HMRC queries/visits/audits.
  • Acting as a key contact for VAT related matters and providing advice and support to the business.
  • Providing periodic training and on-going support to asset and investment managers, Finance teams and outsourced providers to ensure they have a basic level of understanding of VAT and know what to watch out for from a VAT perspective when they carry out their role
  • Drawing up and maintenance of guidance for Finance and the wider business to ensure VAT is correctly calculated, recorded and reported.
  • Identifying and implementing improvements to the VAT process, including working with business analysts and IT to develop systems to accurately record and report VAT information.
  • Identifying opportunities for increasing the group's VAT recovery.
  • Providing VAT advice and support on ad hoc projects.
  • Keep up to date on VAT changes and Case Law developments and understand the implications for M&G.
  • Production of relevant management information for VAT tasks.

What are we looking for?

We are looking for you to ideally have an accounting or tax qualification with post qualified experience. It will be an advantage for you to have strong VAT knowledge, preferably in respect of a partly exempt business.
  • Self-motivated with a diligent and detailed approach to completing tasks.
  • Strong analytical skills. Able to understand, question and challenge a range of financial data.
  • Accounting skills preferable but not essential.
  • Confidence to communicate effectively with a range of internal and external parties.
  • Flexible and proactive approach.
  • This will be a highly visible role so requires someone with an approachable personality, strong focus and first class communication skills.

People who work at M&G Prudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing, commercial environment that's totally focused on customers. As an M&G Prudential colleague you'll get all the support you'd expect, including full training and professional development. You'll receive a competitive salary and reward package. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals.

M&G Prudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.

We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.

Recruiter: Hannah Macmillan
Location: London