Job Description
The Finance Operations team sits within International Finance responsible for delivering quality internal and external outputs to all stakeholders within a controlled framework for insurance technical, cash, treasury and expense accounting activities.
You will be joining at an exciting time as we invest in strengthening the Finance Operations team and enhancing processes and controls whilst driving for continuous improvements.
Key Responsibilities:
- Collating, validating and producing tax split reports for the European jurisdictions
- Organizing tax data by location and generating the tax payable amounts by territory
- Where necessary, confirm premium tax rates and applicability using available online tools
- Completing the tax declaration templates and performing a self-review prior to sharing with the International Tax team and to the outsourced company for submission
- Liaising with Treasury for top-up payments at the end of each month and any ad hoc payments
- Using multiple sources (including Cognos) to extract tax data and presenting in a consistent format
- Effective liaison within the wider Finance teams, tax, legal entity reporting and internal audit colleagues and with external stakeholders (e.g. external auditors and service providers)
- Preparation of UK Premium Tax returns
- Ensuring premium taxes and cash entries are correctly recorded with the General Ledger
- Performing cash allocations within the source systems
- Drive continuous improvement and standardization through reviewing current processes, identifying opportunities and implementing change working in conjunction with European branch finance colleagues
- Identify and implement areas of automation