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Head of Taxation & Treasury

Remote working
up to £85,000

Job Overview

Are you a strategic thinker with a knack for navigating complex tax landscapes and optimising treasury functions? 

We're on the lookout for a talented individual to join our team as a Taxation and Treasury Manager, where you'll play a pivotal role in ensuring compliance, efficiency, and financial resilience across our operations.

As our Taxation and Treasury Manager, you'll take charge of overseeing tax compliance across all markets, including the UK, ROI, and US, while also reviewing tax figures and disclosures for inclusion in our Group consolidated and statutory accounts. Your expertise will be instrumental in implementing and maintaining robust tax controls, serving as a key contact for HMRC enquiries, and managing VAT returns with precision.

In addition to taxation responsibilities, you'll spearhead our treasury function, managing banking relationships, optimising cash positions, and ensuring adherence to our Treasury Policy. Your business acumen will shine as you provide decision support and advice to internal stakeholders, collaborating cross-functionally to enhance payment solutions and maintain PCI Security Standards compliance.

We are Reach plc, you might not have heard of us but we have probably met without you even realising it. 

We are home to the UK and Ireland’s most iconic digital platforms, magazines and newspapers. From the Mirror, Daily Express and OK!, to our regional titles such as the Liverpool Echo, BirminghamLive and the Manchester Evening News (plus lots more), our brands and the stories we cover are as varied as our people. We help all kinds of people share experiences through our stories because we believe this is what makes us human.

You will be joining the UK’s largest commercial national and regional news publisher with a monthly readership of 47 million people. With over 100 national and regional news brands, we boast the largest online audience of any news publisher in the UK. Brimming with talented individuals, we are incredibly passionate about what we do and our people.

Job Description

Taxation

  • Oversee tax compliance across all markets (UK, ROI & US), including computations and filings.
  • Review of tax figures and disclosures for inclusion in the Group consolidated and Group companies' statutory accounts and other financial documents. 
  • Implement and maintain adequate and effective tax controls.
  • Assist with all HMRC enquiries and become a key contact for HMRC.
  • Review and approval of VAT returns.
  • Keep up to date with current tax issues, ensuring the Group remains compliant in all areas. Understand implication of changes in tax legislation and developments, plan and implement accordingly.
  • Work with other departments and project teams around the business as required to ensure tax considerations and requirements are met.
  • Working with external advisors on potential M&A to assess tax risks.
  • Ensuring the Group meets and maintains all compliance requirements across corporation, payroll and indirect tax.
  • Manage transfer pricing studies for all inter-entity transactions. 
  • Managing the group effective tax rate, reviewing, proposing and implementing tax planning opportunities to reduce corporate tax rate, minimise indirect taxes and reduce risk to the Group.
  • Ensure significant tax positions are properly researched and documented, including tax considerations of new products and services.
  • Lead on all tax related projects.

Treasury

  • Managing Banking relationships
  • Review and oversight of the Group’s Treasury Policy. To include documentation and implementation of enhanced Treasury function controls and procedures and liaising with wider finance department and ensure business adheres to these
  • Business Partnering: Ensuring internal stakeholders receive timely and accurate data, decision support, and advice. To include working with wider business on payment solutions and adherence to PCI Security Standards. 
  • Manage global treasury policies and ensure proper controls around cash management across all markets.
  • Coordinate with Finance to maintain a close view of our cash forecast and cash positions, optimizing our cash balances while maintaining optimal liquidity levels per entity.
  • Optimise FX Cash positions across all markets.
  • Responsible for weekly monthly treasury reporting, including cash flow analyses.
  • Consideration and utilisation of foreign exchange hedging protocols and ensure proper accounting of any derivatives.

Skills

  • Strong tax and treasury skills, with experience in a large company
  • Strong technical skills, including good knowledge of accounting.
  • The ability to bring a commercial view on tax and treasury accounting and have an interest in developing your treasury knowledge.
  • Advanced Excel Skills.
  • Communication, including written, face-to-face, presentation skills and the ability to cascade consistent messages for maximum impact.
  • Delegation.
  • Coaching.
  • Planning and organisation.
  • Problem-solving.
  • Decision-making.

 

Qualifications & Experience

  • Significant Taxation (UK & US) and Treasury experience
  • Relevant Accountancy (ACA, ACCA, etc.) and Taxation (CTA) qualifications
  • Alphatax and AlphaTag Experience.
  • Experience of working in a large corporate environment.
  • Experience of transfer pricing methodologies and implementation.
  • Knowledge of Navision would be beneficial.

Essential Behaviours

  • Collaboration – Demonstration of working collaboratively, internally and externally.
  • Determination – Demonstration of perseverance to achieve effective outcomes.
  • Imagination – Demonstration of creativity and innovation
  • Customer Focus – Consider the Customer in everything we do

Salary & Benefits

We are offering a salary of up to £85,000 plus a range of company benefits 

  • Help saving for your retirement - matched 6% pension scheme
  • 25 days’ holiday per year when you join. After three, five and ten years’ service with Reach, you’ll accrue one additional day of annual leave. We also have a Holiday Purchase Scheme
  • Giving back day - an additional day’s leave each year to support a cause close to your heart
  • Flexibility - In this role, you’ll be fully remote-working (UK based) giving you more flexibility to balance home and life. We’ll support you with your home set-up, and you’ll be able to claim expenses for any trips to our office ‘hubs’ or client meetings
  • Enhanced family leave - including maternity, paternity and adoption - and you’ll be eligible after just six months’ employment
  • Private Healthcare Cash Plan - free health cash plan so you can claim back cash for a range of medical expenses
  • Wellbeing support - including a 24/7 assistance programme for you and your nearest and dearest
  • Awesome career opportunities - you’ll have support from your line manager and a range of learning & development programmes

Reach plc believes diversity brings benefits for our customers, our business and our people. This is why we are committed to being an inclusive employer and encourage applications from all suitable applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation.