- Talentpool Selection
About In House Tax

About In House Tax

This weblog is a news and views site for tax professionals within the UK and international in-house tax community.  You will find information about appointments and people moves in and around the in-house tax market, issues affecting the in-house tax professional, opinions on the state of the tax job market, updates on tax technology, and other general thoughts of the day.

Hope you find it useful.

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Location: St Albans, United Kingdom

This site has been developed by Simon Godley, who also runs the niche tax recruitment company Talentpool Selection . Simon spends a lot of his time placing tax specialists into FTSE companies, large in-bound groups and some professional services organisations. He also recruits and is well networked around the UK tax technology and VAT markets.

Tax News

In-house VAT Systems opportunity

Wednesday, 27 February 2013

With more large group companies switching over to a new or enhanced SAP or Oracle system, this is creating some roles within the VAT / Indirect tax function - i.e. someone with hybrid VAT and IT experience to set-up the correct VAT calculations and procedures within the ERP system.  This is easier said than done, and often creates complex projects, leading to demand for specialist experience.

Below is an example of a role we are currently handling:

VAT Systems Manager
London based | £60,000 - £75,000 + good bens package

Top tier corporate group with prestigious European HQ has created an opportunity in-house for a VAT Systems Manager.
Based in a VAT / Indirect Taxes team, this key role will assist in VAT automation projects working between VAT operations and the IT function.  Key responsibilities will be identifying and assessing VAT processes within the AP/AR environment, VAT determination based on country VAT regulations, and project managing the integration of VAT rules into the ERP / SAP environment.  In addition there will be scope to identify improved VAT systems liaising across the business, tax  and the IT environment.
To meet the challenges of this opportunity, you will have a strong initial VAT / indirect taxes background, having transitioned into a tax / VAT systems based role at Manager level.  In terms of VAT, you will have strong knowledge and awareness of EU / international VAT principles and will have seen VAT  ’in action’ in different countries.  You will also have a good overview on VAT compliance processes and demands from VAT / tax authorities.  In terms of IT exposure, experience of working on VAT within SAP will be an advantage, although consideration will be given to any detailed experience within other ERP systems.
In addition, you will have strong commercial acumen, good skills at communicating with senior executives across a business, and ability to work in a multi-team environment.
This role is based in the London area, and with occasional travel in Europe when required.

For more information on this role, or to apply for the above position, please contact us through the Talentpool website.

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posted by Simon Godley

SAP-Indirect Tax skills - demand is high

Friday, 15 February 2013

We are still seeing continued demand in Q1 or 2013 for specialised hybrid SAP-Indirect Tax technicians, those with a rare combination of strong SAP functional experience (FI-SD-MM modules) and knowledge of indirect tax processes in EU countries.

Below is one example of this:

SAP-VAT Consulting - Senior Manager level
London based with 50% travel | £80,000 - £90,000 + good bens package

Our client is a well established, specialist tax consultancy with a successful and profitable long term history. They already have an enviable client base, typically FTSE 100 groups, Europe-wide listed and large private organisations. They are now looking to strategically build up further their VAT systems & technology service offering with the addition of a Senior Manager level consultant within this continued growth sector in the systems market. This new role, based in London, will work within a well established indirect tax systems project team assessing clients’ VAT systems and processes and then proposing on a variety of system enhancements and improvements, sometimes involving implementations of new tax technology software e.g. tax engine bolt-ons e.g. Sabrix or Vertex.  Other projects can involve improvements of how clients are using SAP or other accounting systems for VAT determination and compliance.
To meet the challenges of this specialist role, you will have strong client facing consulting experience in the tax arena, preferably with VAT compliance project experience.  You will be comfortable at talking with senior-end client contacts (e.g. CFO / Head of Tax / VAT Director) on the challenges they face on international VAT compliance and accuracy issues, confident and knowledgeable to suggest new methods and technology available in the market.  In addition, you will have strong project management experience when working on active client engagements.  Ideally you will have come from a Big 4 tax / indirect tax background, operating at Manager / Senior Manager level, possibly mixed with in-house EU / international VAT compliance or planning experience within a large multinational.
Strong future promotion prospects exist for high calibre performers.
For more information on this, or to apply for this role, please go through to our Talentpool site. Or please feel free to call our senior consultant Simon Godley on 0870 46 056 46.

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posted by Simon Godley

Talentpool Selection on YouTube

Tuesday, 12 February 2013

Our tax recruitment / selection business Talentpool Selection now has a YouTube channel:

We hope to pass more information about the tax and tax technology market out via video media, and so please subscribe to our channel.

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posted by Simon Godley

Tax Job Market Update - Feb 2013

Tuesday, 5 February 2013

By Simon Godley
As we move into the early part of 2013, there seems to be some positive sentiment in the market.  The severe downturn of 2008-2009 sparked by the credit crisis seems to be fading into economic history, although the effects of it are still very visible.  The stock market has jumped up in the last couple of weeks, with the FTSE 100 now in the 6,300-6,400 range.  These factors are bringing more confidence into the market, which is all good news for hiring activity.  We still have a troubled Eurozone economic backdrop, and still not clear what the effects have been from the UK austerity program, so our feeling is that the overall job market should be positive and this year with reasonable activity, although certainly patchy.
In terms of the current tax job market in the UK, it’s not all bright and rosy, and there is still some more recovery to take place from a rather slow-ish 2012 market.  This is particularly the case on the practice / advisory side of the market.  The Big 4 firms are certainly doing some recruiting in tax, but it’s quite cautious, and they are being very careful to select only those tax candidates that have more rare skill sets or deeper tax specialisms so as to be able to offer a highly specialised service to clients in distinct sectors.
The in-house tax market is active, although by no means bullish, as companies start to see ways of gradually increasing their in-house tax resources as and when they can seek hiring approvals.  The processes for these approvals can still be rigorous, and so the hiring process can often be elongated.  In-house tax roles will generally come up due to someone moving on from a role, with less newly devised roles emerging.  The in-house tax job market is also dependent on M&A / transaction activity i.e. new roles and departments being formed as a result of companies merging or breaking up.  This sort of activity has been at a low level over the last 2-3 years, but will become more active with a healthier economic outlook and rising stock market.
In terms of specialisms within tax, there is most demand on international tax / transfer pricing, indirect tax, and tax reporting areas.
In the field of tax software and technology, an area in which we are very active, the sector is still developing and growing.  There is particular demand in the London / South East / Thames Valley region for candidates with strong cross-over skills between tax and IT to either enter or move within this sector.  There is an additional spike of demand for highly specialised candidates with exposure to both SAP / ERP systems and VAT or SAP / ERP systems and tax reporting as this is mirroring how large-end corporates are improving their tax systems.
In summary, if there are no major shock waves coming from difficulties within the Eurozone area which could impact further on the UK market, then we would expect to see a moderate to good level of recruiting activity within the UK tax market during 2013.
If you would like to discuss your tax career with us, or have any queries on the tax market, please email to Simon Godley

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posted by Simon Godley

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