Job Description:
Job Title: Senior Tax Advisor
Corporate Title: Director
Location: London
Company Overview:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
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Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Location Overview:
Our London office is based just a stone's throw from the magnificent St. Paul's Cathedral on bustling King Edward Street. Here you'll find modern workspaces and a state-of-the-art auditorium space. In addition, we're proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.
Role Overview:
- Accountable for tax compliance & tax risk management for EMEA VAT working closely with EY and reporting to the Head of International Tax
- Accountable for EY Managed Outsource service delivery for EMEA VAT & SME in VAT
- Significant level of independent authority
- Partner with peers and stakeholders in Tax, CFO, Executive Management, FLUs
- Decision-maker on VAT matters for countries covered with oversight from Senior Management
- Key stakeholders will include:
- Country and Regional CFOs
- Country Executive Management
- Country and Regional FLUs
- Country support groups ex CFO
- International & US tax group members
- Taxation authorities
- EY Managed Outsourcing
Role Description:
- Accountable for final review and approval of complex EMEA VAT filings & tax payments, facilitated by EY standardized review/sign off package; provide technical advice to EMEA Legal Entity Controllers on non complex return filings and payments
- In partnership with relevant country Legal Entity Controllers, ensure that a strong relationship is retained with respective tax authorities (particularly UK, France & Ireland); leverage the EY network to oversee tax authority audits and to negotiate the settlement of any issues arising.
- Accountable for management & control of any EMEA VAT litigation issues, including briefing external counsel and making all necessary appeals and court submissions
- Oversee tax governance and risk management consistent with global framework; set local tax policies, and review tax procedures; develop tax planning initiatives; make all management decisions with respect to tax matters for EMEA VAT in conjunction with the Head of International Tax
- Accountable for VAT technical advice provided to FLUs and other Support Groups - including review and evaluate the impact of any new tax legislative proposals or changes, New Product Reviews, reorganisations and other business-related activities
- Represent Bank of America at industry body forums on EMEA VAT and perform advocacy services as required, including industry submissions and liaising with tax authorities
Skills and competencies
- Accounting and/or Tax Qualified. Significant level of post qualification experience in EMEA VAT taxation
- SME in UK VAT and knowledge of VAT in other EMEA countries
- Strategic vision - understands consequences of business developments for EMEA VAT
- Ability to influence key stakeholders
- Champions new ideas & initiatives
- Translate strategies into effectively executed plans
- Critical problem solver; Deliver superior business results
- Leads and motivates
- Proven advocacy and negotiation skills
- Confident communication and presentational skills
Benefits of working at Bank of America:
UK
- Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
- Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
- 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
- The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
- Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
- Access to an Employee Assistance Program for confidential support and help for everyday matters
- Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
- Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions.
- Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.
Bank of America:
Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.