Vice President Corporate Tax Job In Edinburgh

About this role

Business Unit Overview

This role will be based in Edinburgh within the EMEA Corporate Tax team.

The EMEA Corporate Tax team has staff in London, Edinburgh, and Belgrade, and is responsible for all corporate tax matters relevant to BlackRock’s operations in the Europe, Middle East and Africa region (EMEA). The team’s broad remit includes ensuring that all tax compliance and reporting obligations across the region are met, strategic projects, M&A tax support, providing operational and advisory support to our Global Tax team in New York as well as to internal business stakeholders, tax dispute resolution, and managing relationships with tax authorities across the region.

We work closely with other regional Finance and Tax teams, as well as Treasury, Legal and Compliance teams, to deliver cross functional key strategic projects and operational value, in the spirit of One BlackRock.

Job Purpose/Background:

The role will report to, and work closely with the Head of EMEA Corporate Tax team based in London, but the successful candidate will also work closely with all members of the team, which is currently a team of 9. The successful candidate will likely also have reports to manage, although this arrangement is to be confirmed.

The candidate will have regular interactions with other Finance teams primarily in Edinburgh, as well as with various other internal stakeholders such as local management across EMEA, and external tax advisors throughout the region.

This role presents a unique opportunity for the right candidate to join a high quality, high performing in-house corporate tax function with significant exposure to complex tax compliance and reporting work, gaining valuable experience of tax laws and rules across the region, with some opportunity to experience other corporate tax-related projects and advisory work, where required. The EMEA Corporate tax team has an enviable reputation within BlackRock as a key strategic resource of the firm, partnering frequently with the business and senior management to achieve the best outcomes for BlackRock, and the successful candidate will be a valued member of this team.

The successful candidate will be able to take advantage of BlackRock’s flexible working, such as our Flexible Time Off (FTO) policy which allows employees to take unlimited paid days off per year, with manager approval, while fulfilling work obligations and ensuring proper coverage of work.

Key Responsibilities:

The successful candidate will be responsible for the delivery of all output assigned to them across the EMEA region, which will include:

• Oversee and ensure all Corporate Income Tax (CIT) returns and associated filings in the region are to be done on a timely and accurate basis, independently managing output from tax advisors and other internal stakeholders
• Oversee the CIT outsourced service provider relationships in the region
• Oversee the EMEA corporate tax payment process to ensure timely payment of all corporate tax liabilities, with assistance and advice from external tax advisors if necessary
• Ownership of the US GAAP and local GAAP Tax provisioning for EMEA entities and associated reporting to ensure this is done on an accurate and timely basis.
• Review of various USGAAP reporting requirements including EMEA ETR forecasting, tax balance sheet account reconciliations and cash taxes reporting
• Review of annual statutory tax reporting requirements and quarterly regulatory submissions for all allocated entities on a timely and accurate basis
• Ensuring the maintenance and development of an effective tax risk and controls framework for CIT in the region
• Provide business tax business partnering and tax advisory support across the region - independently engage with and manage CIT queries from stakeholders, whether these are from internal (other teams), external advisers, local tax authorities, or auditors, etc.
• Responsibility for developing strategic plans for the ongoing development of the tax function, such as ownership of the tax technology agenda and implementation of processes to deal with strategic change, such as BEPS 2.0

Development Value:

This role offers a wealth of opportunity to develop knowledge of UK and overseas tax regimes and US GAAP, IFRS and local territory tax accounting, from a global financial services perspective. There will also be opportunity to gain understanding and receive tax technical training on global tax issues from senior members of the EMEA Corporate Tax team. The successful candidate will have access to a comprehensive network of external local tax advisors across EMEA to build on their EMEA tax compliance knowledge.

The broad range of entities across the region will allow a successful candidate to take on a varied workload with the option to increase complexity as they build their experience in the team.

Additionally, the successful candidate will gain exposure to complex tax issues and will involve regular interaction with senior management globally, as well as exposure to other areas of BlackRock’s finance and business. Further, due to the Corporate Tax team’s wide remit of responsibilities across the region, there is opportunity for the successful candidate to become involved and gain experience with M&A and restructuring projects, complex modelling for transactions, and other ongoing project work.

Knowledge, Experience and Competencies:

• Experience in reviewing CIT returns and calculations in the EMEA region
• High level of technical proficiency in Excel and General Ledger applications, preferably knowledge of Oracle
• Ability to take full ownership of all workstreams and be able to work independently and communicate effectively with the EMEA Corporate International Tax Advisory VP and Head of EMEA Corporate Tax
• Familiarity of international corporate tax planning projects and concepts, either in a Big 4 or multinational in-house environment
• Be highly organised, have a strong attention to detail with the ability to manage multiple work-streams with delivery to agreed deadlines essential
• Be a self-starter and good communicator, able to work independently but also exercising sound business judgement to escalate issues where necessary
• Pro-active, highly numerate, be quick learner and a team player, with an ability to adjust to change and the desire to take on responsibility and ownership of allocated work
• Knowledge of current CIT legislation and issues beneficial
• CTA/CA/ACA/ACCA/CIMA Qualified with a strong academic record or Tax Exam qualified. Will also consider candidates with strong practical Tax experience
• Experience of mid-senior-level stakeholder management skills, including appreciating and understanding other stakeholder issues especially those relating to Finance and Legal
• Experience preferably in Financial Services (Asset Management in particular) is beneficial, but not essential

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com |www.blackrock.com/corporate| Instagram:@blackrock | Twitter: @blackrock| LinkedIn:www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.