Finance Manager (Taxation) Employment Opportunity – Barclays Bank UK

Job Title:       Finance Manager (Taxation)

Organisation: Barclays
Bank UK

Duty Station: Kampala,
Uganda

Reports to:
Assistant Vice President

About Barclays UK:

Barclays is a
British multinational banking and financial services company headquartered in
London. It is a universal bank with operations in retail, wholesale and
investment banking, as well as wealth management, mortgage lending and credit
cards. It has operations in over 50 countries and territories and has around 48
million customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.

Job Summary:  The Finance manager, Taxation will ensure the
bank complies to all applicable tax regulation

Key Duties and Responsibilities: 

Tax Compliance and
Risk Management

  • Responsible for general tax compliance work – tax computations,
    PAYE, WHT, VAT , Excise duty and payment of Corporate tax installments
  • Responsible for all reconciliations on all tax accounts and
    reporting to internal management and external stakeholders
  • Perform the group’s self- tax assessments and in-depth examinations,
    to identify areas of tax exposure and non-compliance and implement
    appropriate measures
  • Engage the revenue authority on objections, appeals and dispute
    resolution; make submissions on behalf of the bank
  • Responsible for implementation of appropriate and optimal tax operational
    procedures

TAX Planning

  • Responsible for development and implementation, of global transfer
    pricing and international tax planning policies
  • Responsible for tax planning advising the bank on the optimum tax
    structures, corporate re-structures investment policies and employee
    compensation restructuring.
  • Responsible for performing tax due diligence in new product
    development and providing business functions with relevant tax advice

Key Stakeholder
Management

  • Manage the relationship with external auditors/ tax advisors and BIA
  • Maintain close relations with the, Tax Authorities and other
    applicable Regulatory Bodies
  • Engage BAGL Head of Tax and ensure alignment with Barclays Africa
    Tax Objectives
  • Manage Relationship with Functional heads

Risk Management
Control and Compliance

  • Understand the appropriate policies & standards applicable to
    role.
  • Understand and manage risks and risk events (incidents) which are
    faced in the role thereby contributing to the adherence to the Group Risk
    and Control Framework.
  • Ensure that practices and controls required by policies are
    communicated to all relevant colleagues
  • Ensure that independent oversight, on a proactive basis takes place
    of the risk performance (including related control effectiveness)
    principal risks.
  • Maintaining procedures to monitor compliance with policies and any
    controls required by them

Team
Leadership/Management

  • Provide leadership, line management & coaching to both the Tax
    team and more broadly across finance
  • Manage the provision of training and support to other areas of the
    bank to ensure they have sufficient tax compliance understanding to
    support the Tax function
  • Proactive engage members of the bank’s senior leadership team
    committed to achieving success and providing support for Colleagues.
  • Pursue your own personal development to increase job effectiveness

Qualifications, Skills and Experience:

  • The ideal candidate for the Barclays Bank Finance Manager (Taxation)
    job should hold a good first degree and Accounting professional
    qualification
  • Significant practical experience in a Senior Tax role
  • Planning and organisation skills
  • Ability to think creatively and identify innovative solutions
  • Up to date knowledge of all applicable tax laws and some
    considerable understanding of accounting technical issues (International
    Accounting Standards/IFRS, etc)
  • Excellent comprehension skills to understand and interpret financial
    data and economic trends.
  • Strong ability to view issues from a risk & control perspective
  • Highly numeric/strong analytical and problem-solving skills
  • Drive to continually improve processes and seek new challenges
  • Ability to work well under pressure, working accurately with
    attention to detail, and meeting deadlines
  • Demonstrated ability to maintain and enhance relationships with
    contractors and staff in order to achieve work goals.
  • Skills in forecasting, budgeting and analysis of variances.
  • Strong customer focus (internal and external).
  • Strong communication skills and interpersonal skills to effectively
    translate ideas concepts and information
  • Strong formal presentation skills to gain acceptance to solutions,
    both internally and externally.
  • Detailed understanding of the objectives of Barclays Bank Uganda
    Limited and how they are translated to financial objectives.
  • Thorough knowledge of the banking products/services offered, as this
    will determine the accounting treatment in the books of the bank.
  • Knowledge in Bank’s strategic objectives and systems 
  • Experience on Tax compliance in a financial institution
  • Demonstrated ability to manage, motivate and develop a team and
    effectively work with other staff
  • Technical and practical skills in tax compliance
  • Knowledge of the Bank’ procedures and processes
  • Up to date knowledge of VAT, WHT and Income Tax

How to Apply:

If you feel
challenged by any of the above positions, and believe you can deliver on key
deliverables as outlined above, upload your application letter, current
curriculum vitae and photocopies of academic certificate to our recruitment
website detail below:

Click
Here

Barclays is an equal
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.

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