Indirect Tax Manager

Mercedes-AMG Petronas F1 Team; Brackley; On-site; GBP 60,000 - 80,000; Full time

Job description

Indirect Tax Manager Brackley, UK

At the Mercedes-AMG Petronas Formula One Team, a group of passionate and determined people work to design, develop, manufacture and race the cars with the aim of fighting for world championships each and every year.

Whether working in our Operations, Technical, Race or Business Support functions, we are all in and aspire to build the greatest team in the history of our sport.

Every individual plays their part. No stone is left unturned in the chase for every tenth of a second. The history of our sport is long and rich, and we are continuing our journey with renewed effort year on year. Record books remember the names of a few, but history is written by the many.

About the Role

The Indirect Tax Manager is responsible for managing the indirect tax compliance and advisory across VAT, customs duties, environmental taxes, stamp duty, and non-resident performer tax for the Mercedes-Benz Grand Prix Ltd group companies. Reporting to the Finance PMO Director – Projects, Internal Audit & Tax, this role ensures optimisation and compliance across UK and international operations, managing day-to-day activities, minimising liabilities, and advising the business on the indirect tax implications of its operations in a cost-cap environment.

Key Responsibilities

VAT Compliance & Reporting:

• Oversee the preparation and timely submission of VAT returns for the UK and international operations to ensure compliance with local VAT laws.
• Ensure the correct treatment of VAT on all business activities, including international trade, cross-border transactions, and import/export activities.
• Lead VAT planning and optimisation to reduce VAT liabilities, including managing VAT recovery processes and minimising VAT risks.
• Oversee the implementation of Making Tax Digital and e-invoicing requirements and ensure the group remains compliant with evolving digital tax requirements.
• Monitor changes in indirect tax legislation and assess the impact on the group's tax position.

Customs Duties & International Tax:

• Review and oversight of customs obligations for imports and exports, including temporary admissions, providing support to the purchasing and logistics teams as required.
• Manage relationships with customs authorities and advisors, ensuring compliance with all customs regulations.

Environmental Taxes:

• Ensure the group’s compliance with plastic packaging tax, ensuring the correct reporting and accounting for plastic packaging used by the business.
• Lead the implementation and compliance of CBAM (Carbon Border Adjustment Mechanism) obligations, ensuring the correct assessment of carbon emissions on imports.
• Monitor global environmental tax developments and assess the impact of emerging environmental tax laws on the group’s operations.
• Provide strategic advice to senior management on the potential impact of environmental taxes and green initiatives.

Non-resident performer tax:

• Ensure timely and accurate preparation and submission of non-resident performer tax returns and timely payments.

Stamp Duty:

• Manage the group’s stamp duty obligations, ensuring compliance with UK stamp duty rules and handling of transactions subject to stamp duty.

Tax Risk Management & Advisory:

• Identify, assess, and manage indirect tax risks across the group’s operations, ensuring compliance with global indirect tax regulations.
• Develop and implement indirect tax risk management processes and ensure effective controls are in place.
• Provide advice and guidance on indirect tax issues related to business operations, international expansions, and new product developments.

Advisory and Stakeholder Management:

• Provide indirect tax advice to various departments and stakeholders within the group.
• Liaise with external tax advisors, auditors, and tax authorities as necessary.

Tax Governance and Compliance:

• Ensure compliance with the Senior Accounting Officer (SAO) regime, Corporate Criminal Offence (CCO) regulations, Tax Strategy, and Business Risk Review (BRR) requirements.
• Maintain comprehensive documentation and evidence to support the group's compliance with these regulations.

Technology & Process Improvement:

• Identify opportunities to streamline indirect tax processes and lead initiatives to automate VAT and customs reporting.
• Ensure the group’s compliance with digital and technological tax reporting requirements across the UK and international operations.

Qualifications/experience

• CTA, ACA, ACCA, or equivalent qualification.
• Experience in tax management, including international taxation.
• Proven experience in a tax management role.
• Strong knowledge of UK tax laws and regulations.
• Familiarity with cross-border indirect tax issues.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work effectively in a fast-paced and dynamic environment.
• Experience in managing relationships with tax authorities and external advisors.

Your application:

We will ask you to complete a questionnaire as well as submitting a cover letter and CV. Please note if you would like to include a cover letter please upload it with your CV as one PDF document.