Role Overview

Purpose:

The Tax team at Brightwell manages the tax obligations and responsibilities of the group, including those of BTPS, ensuring that the Scheme and its affiliates are tax compliant across all applicable jurisdictions. The team provides tailored tax advice in relation to new investment opportunities for the Scheme and the corporate group.  

Main tasks & responsibilities:

·       Review tax returns and computations (UK and overseas) prepared by external advisors.

·       Maintain relationships with external tax advisors and monitor their performance to ensure they are delivering to the standards expected of the Scheme.

·       Own and manage the tax forecasting for the corporate group, including QIP calculations.

·       Assist Head of Tax in reviewing group VAT returns, performing testing and reconciliations as appropriate.

·       Assist with year‐end reporting for tax provisions to be included in statutory accounts across the group.

·       Dealing with routine HMRC enquiries and assisting Head of Tax in responding to any disputes.

·       Provide tailored tax advice to the business in relation to investment structuring. This will cover a broad range of taxes including income and corporate taxes, VAT and indirect taxes, stamp duties and other transfer taxes as well as relevant overseas taxes (e.g. withholding taxes).

·       Assist with the preparation of the PAYE settlement agreements and other BIK type compliance

·       Advise from time‐to‐time on specific employee matters (e.g. employee status determinations for new joiners)

Person Specification

Knowledge, skills & experience:

·       Qualified tax advisor (CA/ACA/CTA or equivalent)

·       Knowledge and experience of investment industry (or funds more generally)

·       Experience of pensions taxation and operational taxes is desirable, but not essential

·       Ability to translate complex tax matters and terminology into clear and concise concepts, relevant to the target audience

·       Strong communication skills, both written and verbal

·       Ability to build and maintain effective working relationships with internal and external clients and stakeholders

·       Ability to deal with ambiguity and change

·       Willingness to solve problems

·       Exercising discretion to challenge the status quo

·       Ability to work independently but also as part of a wider team (on projects or group initiatives)

Brightwell is committed to developing and maintaining an inclusive culture, ensuring that behaviours, working practices and policies promote fair treatment and access to development opportunities for every colleague. We value the benefits a diverse workforce can bring and want Brightwell to be a place where all colleagues can thrive, feel that they belong and are valued and contribute to our success. This is underpinned by Brightwell’s RISE corporate values: Responsible, Impactful, Supportive & Expert.

Our values guide our behaviour and are embedded throughout the organisation.

Responsible – we take individual responsibility for making things happen. We take ownership of the decisions we make. We never walk past a problem. We are both open and brave - supporting and challenging each other to resolve issues.

Impactful – we are driven to do all that we can to create a better future for our members. We recognise that the way we invest can benefit wider society. We constantly strive to make a difference.

Supportive – we work together across teams to deliver the best outcomes for members and wider society. We support each other when taking difficult decisions and are always respectful, thoughtful and helpful.

Expert – we set very high standards, constantly looking at how we can be better and bolder – whether serving members, improving how we work, or invest. We are constantly innovating – challenging ourselves to find new ideas.  We use our commercial acumen to deliver value for members and wider society.