We have a rewarding opportunity for a Corporate Tax Manager, reporting to the Group Treasurer and Head of Tax. You will be a pivotal member of the Tax team, responsible for corporation tax within the Kemble Group with respect to planning, forecasting, analysis, and compliance. Thames Water’s ambitious investment programme means there is a growing level of capital expenditure (currently £2 billion annually). A strong focus will be required to ensure efficient and effective tax planning is maintained across the Kemble Group when considering group relief, loss management and corporate interest restrictions.
This is an integral time to join us, as we continue to embrace our commitment to deliver on our key objectives within our innovative turnaround plan.
What you’ll be doing as a Corporate Tax Manager
- Corporation tax planning and forecasting/ modelling to ensure an efficient approach maintained during periods of increased capital expenditure.
- Completion/review of tax returns for submission to HMRC and dealing with related queries.
- Liaison with other teams in Thames Water, companies in Kemble Group and peers in Water UK in all corporation tax matters.
- Ensure compliance with tax aspects of securitised financing arrangements.
- Regulatory tax reporting, including dealing with tax-related Ofwat queries and providing key tax input into the Ofwat Price Review process.
- Tax accounting and reporting for management and statutory purposes including tax consolidations and corporation tax aspects of SAO review.
- Line manage the Corporate Tax Advisor.
- Base Location: Reading - Hybrid.
- Working Pattern or hours: 36 Hours.
What you should bring to the role
- Confident communicator across all levels of business.
- Hands-on approach with the ability to deal with detail as well as stepping back to ensure optimal position for Kemble Group.
- Confidence to work autonomously and to escalate matters as and when appropriate.
- Experience in supervising and developing staff.
- Exposure to infrastructure or asset-intensive businesses.
- An ACA/CTA qualification is desired.
- Preferably in-house or large corporate advisory experience. (post-qualified)
What’s in it for you?
- Competitive salary of circa £90,000 per annum depending on experience.
- Annual Leave - 26 days holiday per year increasing to 30 with the length of service. (Plus bank holidays)
- Car Allowance - £5,800
- Annual Bonus - up to 25% of base salary.
- Private Medical Health Care.
- Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
- Personal Medical Assessments – Open to all once a year.
- Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.
Who are we?
At Thames Water, our purpose is crystal clear - to deliver life’s essential service so our customers, communities and planet can thrive.
Water is life’s great leveller. Every living thing needs it, every single day. From people to plants, birds to bees, farms to factories, we all need it to thrive, and we’re committed to taking care of it for us all.
But keeping water flowing is becoming harder. From scorching summers to wetter winters, extreme weather affects everything from our pipes to our local rivers. We need to keep millions more kettles boiling, public services operating, washing machines spinning, showers running and more, so every drop is more precious than ever. Are you ready to play your part?
Working at Thames Water
At Thames Water, we recognise that people are at the heart of our business. To help us succeed in providing life's essential service, we need a range of skills and capabilities, representative of society throughout our business.
We seek to attract and retain a cultural mix of people who can offer different but complementary attitudes, values, talents, and knowledge. We understand the importance of appreciating and harnessing the unique skills, experiences, backgrounds, and differences that each individual brings.
Our over-arching diversity and inclusion aim is to ensure Thames Water is a diverse and inclusive great place to work. We encourage applications from everyone and offer extra support for those who need it throughout the recruitment process.
Find out more about working at Thames Water.
When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business, meet colleagues and earn some extra money along the way.
Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.