Direct Tax Accountant

Direct Line Group; London, Leeds; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in London is seeking a Tax Manager to support their direct tax reporting and compliance efforts. The ideal candidate will possess a strong background in UK tax, have at least 5 years of in-house experience, and excel in data analysis. This role offers a hybrid work model, providing flexibility while ensuring compliance with tax regulations. Competitive salary and comprehensive benefits included.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Employee discounts and cashback

Qualifications

• At least 5 years’ post qualification experience in an in-house tax role.
• Solid technical grounding in UK corporation tax and tax accounting.
• Ability to work independently and as part of a team.

Responsibilities

• Assist in delivering internal direct tax reporting and external UK tax compliance.
• Manage the preparation of direct tax provisions and supporting analysis.
• Liaison with offshore and onshore Finance teams for Oracle GL data analysis.

Skills

Tax (Level 2/3)

Compliance (Level 1)

Corporate Finance (Level 1)

Insurance Finance (Level 1)

Investment Accounting (Level 1)

Group Audit (Level 1)

Data Analysis, Interpretation & Deployment (Level 1)

Education

Suitable tax qualification (Chartered Institute of Taxation or equivalent)

Tools

One Source Corporate Tax/Alphatax

Job description

London / Leeds but with regular work days in London

12 Month Fixed Term Contract / Secondment

Salary – £60,000 to £80,000 depending on experience

Direct Line is evolving. Across every part of our business, teams are embracing new opportunities and putting customers at the heart of everything they do. Whether you’re already part of Direct Line or thinking about joining us, you’ll have the chance not only to be recognised for your skills, but also to build on them and be empowered to do your very best.

What you’ll be doing

• Reporting to the Direct & Employment Tax Manager, the role involves supporting the Direct and Employment Tax Manager to deliver internal direct tax reporting and external UK tax compliance.
• Manage the process to deliver internal direct tax reporting including the preparation of direct tax provisions and supporting analysis for the annual statutory accounts, including full deferred tax calculations, and group reporting cycle.
• Finalisation of direct tax computations for submission to HMRC (using One Source Corporate Tax/Alphatax) and dealing with HMRC direct tax queries including preparing elections where required.
• Post the legal entity monthly tax charge and producing the groups consolidated tax charge and proof of tax. Also ensure direct tax balance sheet reconciliations are produced monthly, issues are monitored and resolved and reported appropriately.
• Liaison with the offshore and onshore Finance teams for Oracle GL data analysis, evaluating opportunities for automation and driving process improvement.
• Assist with forecasting the effective tax rate and calculating the Group’s Payments on Account.
• Understanding of tax procedures, risks and controls, with the requirement to notify any risks / failures in controls to the appropriate channel.
• Ensure that core systems are fit for purpose for direct tax reporting and compliance.
• Provide tax technical support and subject matter expert input into ad hoc finance and business projects.
• Our hybrid model offers a 'best of both worlds' approach. When you'll be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office.

What you'll need

Technical: (recommended)

• Tax (Level 2/3)
• Compliance (Level 1)
• Corporate Finance (Level 1)
• Insurance Finance (Level 1)
• Investment Accounting (Level 1)
• Group Audit (Level 1)
• Data Analysis, Interpretation & Deployment (Level 1)

Other:

• Suitable tax qualification, either Chartered Institute of Taxation or Association of Chartered Accountants in England & Wales (or equivalent)
• Experience of a Big 4 Tax environment.
• At least 5 years’ post qualification experience working in an in-house tax role
• Solid technical grounding in UK corporation tax and tax accounting
• Effective working relationships with tax authorities and external advisers.
• Ability to work independently and as part of a team
• Strong data analysis and spreadsheet skills.

Benefits

• 9% employer contributed pension
• 50% off home, motor and pet insurance plus free Green Flag breakdown cover
• Additional optional Health and Dental insurance
• Buy as you earn share scheme
• Employee discounts and cashback
• Plus, many more

We want everyone to get the most out of their time at Direct Line. Which is why we've looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like — and offering real choice, flexibility, and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They\'re about recognising who you are and the life you live.

Be yourself

Direct Line is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We\'re delighted to feature as one of the UK\'s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We know you\'re more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.

Life in Finance, Risk, Audit and Actuarial

Our Finance, Risk, Audit and Actuarial teams turn complex challenges into clear solutions. They bring analytical thinking and specialist knowledge to everything from financial planning to risk management, helping to create a secure and well-prepared future for DLG and its customers.

Our benefits are about more than just the money you earn. They\'re about recognising who you are and the life you live – and supporting you with the things that matter both in and outside work.

01

The Basics

Holidays

• 22 days holiday rising to 30 days depending on your role. Plus the chance to buy and sell up to 5 days

Pension

• Company contributions of 9% of your salary towards your pension

Income protection

• Income protection on 50% of your salary for 5 years

Life assurance

• Life assurance cover at four times your salary

02

Discounts

• Breakdown cover
• Free Green Flag breakdown cover
• Insurance
• 50% off Direct Line Group products in Motor, Home and Pet insurance when you\'re named on the policy
• Shopping
• Discounts and cashback savings across hundreds of other well-known brands

03

Flexibility

• Flexible benefits scheme
• Adjust your income protection, life assurance, and benefits package through our flexible benefits scheme
• Salary sacrifice
• Salary sacrifice scheme for fully electric and plug-in hybrid cars, and for private dental and medical cover
• Parental leave
• Enhanced maternity, paternity, shared parental, and emergency dependant leave

04

Wellbeing

• Employee Assistance Programme
• Mental health first aid
• Volunteering opportunities
• Donation matching — Up to £50 a month to match any contributions you make to your local community

OUR PEOPLE

What our people are saying in Finance, Risk, Audit & Actuarial

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There’s a lot of collaboration in high-pressure environments because you need those different opinions in order to get things done.

The work is so dynamic and ever evolving. You might not think that from insurance but there’s a strong focus on adapting to new challenges.

I feel like I’m in charge and in control of my work. My opinion is valid, I can speak up, and challenge opinions.

It’s a great business and a great opportunity and full of great people who really want to get things done.

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