Group Corporate Tax Manager

MS Amlin ,
London, Greater London
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Job Description

MS AMLIN plc - JOB DESCRIPTION Position: Group Corporate Tax Manager Division: Group Finance Department : Group Tax Reports To: Head of Tax Location: London Date: January 2020 1. Purpose Take responsibility for managing the corporate tax requirements of the MS Amlin Group. Take responsibility for managing all the tax requirements of the MSI Group Holdings Europe and Aioi Nissay Dowa Groups of companies calling on other technical assistance where necessary from other members of the MS Amlin Tax team for non-Corporate tax issues. Note - for these purposes 'Group' includes both UK and non-UK entities. Provide a proactive, professional and high quality tax service to the Group that complies with all tax compliance requirements, minimises tax risk and maximises available tax value within the overall tax risk management framework. 2. Dimensions The MS Amlin business has developed significantly in recent years leading to its acquisition by MSI in February 2016. This increased global presence has added to the overall tax complexity of the Group for tax purposes. Additionally, there continues to be significant development within the tax landscape. At present, the Tax team consists of 6 staff, the Head of Tax, three tax managers and two tax accountants/assistants 3. Key Result Areas. Corporation Tax (All entities) Compliance. Manage all Group tax compliance ensuring all relevant returns, elections, claims and appeals are produced and submitted on time. Ensure all relevant tax payments are made within statutory time limits. Monitor the compliance process on an ongoing basis and recommend areas for development or improvement. Manage any tax audits that might arise within the Group in relation to corporation tax issues. Accounting. Take the lead responsibility in producing regular tax forecasts, ensuring tax expense is complete and accurate and analysing variations to forecast. In particular, review and monitor the use of technology to streamline processes where possible. Monitor accounting changes and consider the tax effect of any changes Reporting. Manage the reporting of tax balances within the MSI reporting framework (including MSIJ reporting requirements e.g. Diva, CFC, BEPS). Understand the MSI tax policies and ensure compliance. Risk management. Manage and maintain an appropriate tax risk management framework for relevant/allocated risks consistent with the Group's risk management processes. This will include ensuring that all corporation tax risks are identified and regularly monitored, tax risk assessments are conducted for new businesses and processes, appropriate controls exist to effectively manage identified tax risks, and relevant issues are escalated appropriately. The review of risk should meet with the requirements for the Senior Accounting Officer rules and should ensure that the Group maintains a low risk category with HMRC. Technical updates. Working closely with the rest of the tax team, ensure all changes to tax legislation are correctly reported in all compliance returns. Advisory. Assist the Head of Tax with any tax requirements into business transactions/projects to ensure the Group is structured in the most tax efficient manner. Indirect Tax (MSI Group Holdings Europe and Aioi Nissay Dowa Groups of companies only) Compliance. Manage all Group VAT and IPT compliance of the MSI Group Holdings Europe and Aioi Nissay Dowa Groups of companies ensuring all relevant returns are produced and submitted on time. Ensure all relevant tax payments are made within statutory time limits. Monitor the compliance process on an ongoing basis and recommend areas for development or improvement. Advisory. Ensure that the Indirect Tax affairs of the MSI Group Holdings Europe and Aioi Nissay Dowa Groups of companies are organised as efficiently as possible from a tax perspective. Where improvements or opportunities are identified, work with the key stakeholders and the wider tax team to drive through the proposals to implementation. Other People management. Manage the compliance and reporting tax team (currently 2 staff - London and Amstelveen). Establish direction, objectives and targets and lead team to deliver against these. Effectively brief, coach and support. Perform individual performance assessments. In line with development of tax strategy, review level and quality of tax resource. Ensure the team has the appropriate staff and training to deliver results, and providing technical guidance and support where necessary. Profile, relationships and communication. Maintain a first-class relationships with key internal and external stakeholders, specifically Tax Authorities, external advisors and Lloyd's. A key responsibility will be to build relationships within the finance teams of the international group, entity CFOs and MSI to ensure that there are suitable tax resources to meet with Group policy of tax compliance. 4. The Operating Environment and Context of the Job MS Amlin plc is a specialist non-life insuranc

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