Group Tax Manager (Hybrid)
Job Description
Job title: Group Tax Manager (Hybrid)
Company: Fastmarkets
Job description: Company Description
Fastmarkets is an independent commodity pricing and information organisation with over 600 staff. We are fuelled by values that bring us all together and are united by a collective passion to make a difference. We are supported by a working model that is based on a hybrid approach that allows each of us to balance home and office working while encouraging effective collaboration and accountability.
Fastmarkets is the most trusted Price Reporting Agency (PRA) in the metals, mining, agriculture, forest products, and energy transition markets. Our price data, forecasts, and market analyses give our customers strategic advantage in complex, volatile, often opaque markets. Our events provide forums for market participants to come together, trade, and talk through the critical issues of our times.
We are making a difference. Fastmarkets works to create transparent commodity markets through our reliable and trusted price data and market intelligence. The markets we serve are central to how economies work and are essential for our lives. By doing this, Fastmarkets helps our customers build a more sustainable world. We are built on a 130-year foundation while bringing a digital platform to market, combining the currency of trust with the power of digital.
Most importantly, we are fuelled by our teams that, across the globe, make the amazing possible. With a deep sense of purpose and belonging, we are building an extraordinary future – together. If you would like to help build the future, we hope you will join us on our journey.
Fastmarkets is owned by global private equity firm Astorg, a specialist investor in healthcare, software, technology, business services and technology-based industrial companies.
Job Description
This is a newly created position in the business. Following separation from a FTSE 250 PLC, the Fastmarkets finance team have to establish some new finance functionality and this role is critical in being part of a team that delivers the functionality with associated processes, and establishes them as business as usual.
The role will require a highly dynamic individual, who can implement, document, execute group tax processes (direct and indirect tax) covering EMEA, APAC and the USA.
Principal Accountabilities
- Manage the overall relationship with our outsourced tax advisor, PwC and ensure optimal split between in-house and outsourced activities.
- Maintain strong relationships with the PwC tax teams globally using the PwC engagement centre to monitor global tax submissions.
- Complete the implementation of the PwC indirect tax system, EDGE, designing processes to load data into EDGE and establishing a tax timetable to ensure data is loaded in line with submission deadlines.
- Devise and implement processes to review and approve VAT returns on Avalara prior to auto submission, and to reconcile Avalara returns with Netsuite.
- Establish processes to monitor sales tax thresholds in Avalara to ensure registrations with relevant regulatory authorities can be made in a timely manner
- Establish processes to monitor requirements for new indirect tax registrations across the business.
- In alignment with global PwC teams assist in designing a process to estimate the current financial year tax liability, which will enable payments on account to be made.
- Lead the implementation of non-UK direct tax compliance, including the handover of tax knowledge from our former parent company, ensuring Fastmarkets and PwC have access to all the global tax portals as required, ensure appropriate approvals are in place for local returns, add to the tax timetable to ensure all quarterly payments are made on time.
- Establish processes to monitor and manage tax queries and action as needed, for example, arranging CORs needed by clients, W9/W8/10F forms etc.
- Devise tax strategy and document core processes
- Support acquisition and other group projects including implementation of Transfer Pricing policy
- Maintain a strong risk and control framework around tax processes.
KEY INTERFACES
- Finance Leadership Team
- The outsourced tax team at PwC
- Finance Teams
- External VAT specialists
Qualifications
We recruit talented, dynamic people with diverse backgrounds and experiences, all united by a belief in our mission to provide the world’s leading and most trusted price reporting, events, and intelligence service for the markets we serve. We’re proud to be an equal opportunities employer and are committed to creating a fully inclusive workplace, where everyone feels able to participate and contribute meaningfully.
If you are open-minded, curious, resilient, solutions-oriented and committed to promoting equality, then read on…
KNOWLEDGE, EXPERIENCE AND SKILLS
We are looking for an individual who is highly motivated, driven, and have a passion to be part of a fast-paced, successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.
Experience
- Qualified accountant, with post-qualified accounting experience with a focus on global tax exposure (direct and indirect taxes).
- Experience implementing processes and systems
- Experience in a fast paced environment
- Experience of influencing senior colleagues and demonstratable desire to do the right thing even when under challenge.
Skills and knowledge
- Can challenge current practices and think innovatively in executing work.
- Able to take the lead in designing and implementing processes.
- Able to work independently and manage multiple deadlines across the year.
- Strong communication skills with a collaborative stakeholder management approach
- Able to solve problems with creative and pragmatic ideas and uses sound judgements based on risk assessment.
- Attention to detail, ability to rapidly understand end to end business operation and inherent risks
- Excellent knowledge of Excel, PowerPoint, Outlook and Word and Accounting Systems.
If you’re excited about the role but your experience, skills or qualifications don’t perfectly align, we encourage you to apply anyway.
Additional Information
Our Values
Fastmarkets people come from all different walks of life. It’s this mix of brilliant personalities, experiences and insights that gives us that warm, open, and friendly culture you can feel as soon as you meet us. But however wonderfully different we all are, there are six things we all have in common – and they form our Fastmarkets values.
Created by our own employees to reflect some of the personal traits that Fastmarkets people have, our values are key to what makes our culture unique. They reflect who each of us are and they’re embedded in everything we do. Our values are:
- METRICS DRIVEN. We use insights to improve our customers’ experience and our business performance
- ACCOUNTABLE. We are accountable to ourselves and those we work with: we keep our promises and get things done
- GROWTH MINDSET. This value enables us to be nimble to the changing realities and operate with a sense of urgency
- INCLUSIVE. We are inclusive and respectful, celebrating each of us and giving everyone a deep sense of belonging with the desire to bring their best self to work every day.
- CUSTOMER CENTRIC. We are customer-centric in all that we do
- COLLABORATIVE. We are collaborative, able to work across teams and capitalise on the diversity of intellect, perspectives, and experiences.
You’ve read a little about us – now it’s over to you!
If you like what you’ve read so far and think you can see yourself as a Fastmarkets person, it’s time to fill in your application form. This form is an important part of the selection process: it’s used to determine whether or not you’ll be chosen to have an interview and acts as a basis for the questions we’ll ask you on the day.
It’s vital that you try to capture all the relevant information we have asked for on the form so we can get a good feel for who you are and why you’re great.
Expected salary:
Location: London
