Head of Tax at OneSavings Bank PLC

Wolverhampton, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

21 Apr, 26

Salary

112000.0

Posted On

21 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Tax Strategy, Governance, Compliance, Leadership, Tax Analysis, Risk Management, Financial Services, Regulatory Environment, Tax Reporting, Stakeholder Management, Strategic Advice, Commercial Transactions, Business Initiatives, Tax Returns, HMRC Interaction, Post-Qualification Experience

Industry

Financial Services

Description

About the team The Tax team ensures the bank meets all its tax obligations accurately and on time, while supporting the business with expert advice on the tax implications of products, transactions, and strategic decisions. The team manages tax reporting and compliance across multiple entities, monitors regulatory change, and works closely with Finance, Legal, and the wider business to manage tax risk and optimise outcomes in line with the bank’s commercial objectives and regulatory requirements. The role can be based in either Chatham or Wolverhampton and will require occasional travel between the Group’s Chatham, London and Wolverhampton offices. What you will be doing? The key purpose of this role is to lead the Group’s in-house tax function and for the development, implementation and oversight of the Group’s tax strategy, governance framework and tax compliance obligations. The role ensures the timely and accurate submission of all tax returns, maintains effective tax risk management and control frameworks, and acts as the Group’s principal interface with HMRC and other external stakeholders. The Head of Tax provides strategic, pragmatic tax advice to senior management and supports the Group’s commercial objectives within a highly regulated banking environment. Your responsibilities will also include… Leading and developing the Group’s in-house tax function, acting as the primary internal authority on all tax matters. Owning the Group’s Tax Strategy, ensuring annual review, Board approval and publication in line with legislative requirements. Overall responsibility for the preparation, review and submission of the Group’s UK Corporation Tax returns. Acting as the Group’s primary point of contact with HMRC across all taxes. Providing tax analysis and advice on commercial transactions, business initiatives and strategic projects. Identifying opportunities to optimise the Group’s tax position within its stated tax strategy and risk appetite. Monitoring and analysing actual tax charges against forecast, ensuring variances are understood and reflected in future planning. What's in it for you? We offer a competitive base salary from £112,000 dependent on experience and benefits package including: Discretionary annual bonus opportunity of up to 40% Car allowance of £7,500 Long term incentive plan potential Enhanced family-focused benefits Hybrid-working Please use this link to see the fantastic benefits available at OSB: https://www.osb.co.uk/careers/overview/benefits About us At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become ‘the bank of the future’. Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace. Do you have the skills? We are looking for talented individuals who have the experience and skills set out below: Post-qualification experience in tax, gained within a leading professional services firm and/or a senior in-house role is essential Experience operating at a senior level, with accountability for tax strategy, governance and compliance is essential Experience within financial services or another highly regulated environment is strongly preferred Leadership capability is essential. Recognised Tax and Accountancy Qualification (e.g. CTA, ACA) is essential. We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves. Next steps If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply. Still on the fence? Hear from our team or explore our process: OSB Careers Shortlisted candidates will go through a personalised recruitment process, that is relevant and conversational – inclusive any individual reasonable support required. We want to bring out the best in you! Diversity, Equity & Inclusion Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don’t feel like you need to check every box to apply for a role internally. We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.

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Responsibilities

Lead the Group’s in-house tax function and oversee the development and implementation of the Group’s tax strategy and compliance obligations. Ensure timely submission of tax returns and provide strategic tax advice to senior management.