Regulatory Reporting & Tax Analyst

Bristol

About the role

Triodos Bank is one of Europe’s leading sustainable banks, whose mission is to make money work for positive social, environmental and cultural change. We are excited to be recruiting for the role of Regulatory Reporting & Tax Analyst to join our Finance team.

Reporting to the Regulatory Reporting & Tax Manager, this role is responsible for preparing & submitting regulatory reports to various regulatory authorities and assisting in delivering the Direct and Indirect Tax requirements of the business. Key responsibilities include:

Regulatory Reporting:

  • Responsible for the timely & accurate completion & submission of all monthly/quarterly regulatory returns, following review by the Regulatory Reporting & Tax Manager;
  • Responsible for monthly and quarterly reconciliation of returns to subsystems;
  • Assist the CFO and Regulatory Reporting & Tax Manager with the implementation of new Regulatory software;
  • Responsible for testing of system upgrades to reflect changes to regulations and reporting templates;
  • Assist in the development of solutions for new reporting requirements as they arise;
  • Liaise with the wider business to ensure regulatory data inputs are understood;
  • Support in ensuring controls and processes for ensuring day-to-day integrity of the regulatory reports data points are documented, performed and effective;
  • Use knowledge of regulatory developments to amend policy and guidance to Finance team and co-workers across the business
  • Support regulatory reporting projects;

Direct and Indirect Tax:

  • Responsible for the timely and accurate completion and submission of UK Corporation Tax payments and returns, following review by the Regulatory Reporting & Tax Manager;
  • Responsible for overseeing the Short-Term Business Visitors process and collation of data for submission to HMRC, following review by the Regulatory Reporting & Tax Manager. Ensure business wide compliance with processes;
  • Manage the Automatic Exchange of Information (FATCA and CRS) annual reporting submission, ensuring timely completion and business wide compliance with processes;
  • Responsible for maintaining Triodos’ internal records in line with HMRC’s PAYE records, performing reconciliations when required and escalating issues as appropriate;
  • Responsible for making sure payments to HMRC PAYE are made in a timely manner;
  • Scan the horizon for potential changes to tax legislation or interpretation that could impact Triodos and generally keep own tax knowledge up to date by subscribing to HMRC and tax expert guidance and notifications on upcoming changes and share the key updates within Finance and across the business
  • Review the Expense and Credit Card policies to ensure compliance with HMRC requirements;
  • Responsible for preparing and reconciling quarterly VAT returns in accordance with VAT Partial Exemption rules, including reviewing business transactions to identify issues. Escalate as appropriate;
  • Responsible for preparing EC Sales Lists returns;
  • Responsible for preparing annual P11D and PSA returns and initiating process improvements regarding the accuracy and collection of relevant information from the business;
  • Develop tax guidance to be used to support the team and wider business;
  • Provide training to relevant departments to ensure correct application of tax rules, reducing the risk of non-compliance;
  • Take a leading role in tax reporting projects e.g. Making Tax Digital and Automatic Exchange of Information automation;

Other responsibilities:

  • Responsible for maintaining, updating and communicating process notes for own area of responsibility;
  • Maintain awareness of business or regulatory changes which might affect reporting requirements for areas of own responsibility;
  • Uses financial and business knowledge to challenge and suggest improvements to practices and procedures;
  • Contribute to internal audit reviews as necessary and deliver on actions responsible for

Successful candidates will have experience of working in a banking or financial services environment. It is essential to have or be working towards an appropriate accounting qualification e.g. AAT with tax options or part qualified CIMA/ACCA. Experience of preparing indirect tax returns e.g. VAT, PSA, is essential. Experience in the production of COREP, FINREP and Pillar 3 reporting is desirable.

What we offer

Working at Triodos requires and affinity with the Triodos values, and a genuine concern for people and the planet, combined with a “can-do” approach and a willing to take ownership. In return for your commitment and hard work, you will be rewarded with a salary between £30,000 to £40,000 depending on experience, plus a benefits package including:

  • Non-contributory pension scheme from your first day of 8% in year 1 and 10% from year 2 onwards
  • Life Assurance (worth 4 times basic pay)
  • Income Protection - 75% of basic pay after 13 weeks sick and following six months service
  • A wellbeing allowance of £100 a year
  • Private Medical Insurance
  • A Health Cash Plan
  • Vitality Leave – After each 7 years of service, you will be able to take a sabbatical of up 2 months paid leave
  • 25 days (FTE) plus bank holidays per annum
  • A buy and sell holiday scheme of up to 5 days (FTE)
  • Additional increase in holiday though length of service (up to 5 days FTE)
  • Season Ticket Loan available for commuting into the office
  • Voluntary benefits, including discounts and cycle to work scheme

Triodos is a Living Wage employer and embraces flexibility and diversity in the workplace. Should you wish to discuss flexibility with us, please do inform us in your application.

Please note, Triodos Bank reserves the right to bring forward the closing date of any of its job vacancies if we receive a suitable number of high-quality applications from which to make a shortlist. Therefore, we recommend that you apply for one of our roles as soon as possible rather than wait until the published closing date.

Location

Bristol

Date added

12 July 2019