Tax Manager, Wellcome
£83.8k
More information about location
3+ days a week in office (Euston Road, London)
Global charitable foundation for science research
Be an early applicant
Global charitable foundation for science research
1001+ employees
Be an early applicant
£83.8k
More information about location
3+ days a week in office (Euston Road, London)
1001+ employees
Company mission
Wellcome's mission is to support science to solve the urgent health challenges facing everyone.
Role
Who you are
- The ideal candidate will possess strong knowledge of direct taxes, have experience in preparing corporation tax computations, provide practical tax advice, and be fully qualified (ACA, ACCA, CTA or equivalent)
- Strong knowledge of direct taxes and is fully qualified (ACA, ACCA, CTA, or equivalent) with experience in preparing corporation tax computations and year-end accounting
- Experience in providing tax support and advice to in-house teams or clients, and skilled in identifying and implementing changes in tax legislation and explaining tax matters to colleagues
- An interest in advancing tax technology solutions, including AI
- Confidence and is self-motivated, able to advise on tax matters and manage priorities to ensure timely completion of tax returns and other documents
- An ability to work collegiately within the Tax team and create strong and valuable working relationships both internally and externally
- A familiarity with VAT, employment and Stamp Taxes as well as charity tax and real estate tax issues would be beneficial
What the job involves
- You will be working in the Tax Team within the Finance / COO office reporting to the Head of Tax
- The Tax function is a key enabling function in Operations
- The team provide tax services across the organisation to manage Wellcome’s tax affairs and ensure it is compliant with its obligations as well as its charitable tax-exempt status in the UK and the US
- Working closely with colleagues in Operations, our advisers and Wellcome partners we are involved in all aspects of Wellcome’s activities, which can range from advising on investment portfolio decisions, contributing to internal policies, supporting funding modes for grant recipients and contributors and being part of technological initiatives
- The role involves providing tax advice, analysis, and support for Wellcome and its group companies, ensuring efficient, commercial, and tax-compliant decision-making, as well as maintaining tax compliance
- Ensure compliance with UK tax legislation and international activities, managing timely completion of returns and tax payments
- Provide tax advice, with senior support, for Wellcome's operations, including UK and international projects related to investments or charitable objectives
- Collaborate with external advisers on specific projects and outsourced work streams
- Lead and collaborate on work streams to produce timely and effective deliverables for Wellcome
- Work with colleagues to assist in process and systems development to implement and accommodate new regulations or changes to tax legislation, ensuring it supports Wellcome’s compliance with the tax changes in a timely manner
- Contribute to a diverse and inclusive culture across the organisation, collaborating across departments
- They should have the confidence to advise on tax matters and manage priorities effectively to ensure timely submission of tax returns and documents
Application process
- Closing date: Monday, 3 March 2025
- To apply please upload your current CV and complete our short application
- Interview dates: 21/03, 24/03 and 25/03
Salary benchmarks
Our take
The Wellcome Trust was originally founded in 1936 to fund medical research and has since grown into the UK’s largest private scientific research fund, and one of the wealthiest charities in the world. Disbursing over £1 billion in funds a year, it has provided funding to numerous medical research projects in its focus areas of mental health, climate & health and infectious diseases. These include the Cancer Genome Project and the Ebola Emergency Initiative.
Wellcome's recent decision to divest itself of its shares in fossil fuels has also relieved it of a persistent source of controversy, as this was potentially hindering the credibility of its climate change research. Wellcome has since partnered with the World Economic Forum to collect data on how climate change is affecting health worldwide.
The company is also moving to adjust to a more global role. The majority of its funding has historically been allocated to UK firms, but as climate change and infectious diseases know no borders, neither does research into solutions to these problems. ln 2019 it established an office in Berlin to strengthen its scientific links in the EU and to allow it to more easily fund important research outside of the UK.
Steph
Company Specialist at Welcome to the Jungle
Insights
6% employee growth in 12 months
Company
Company benefits
- Holiday – 25 days’ holiday a year plus bank holidays (and we usually close between Christmas and New Year)
- Pension (defined contribution plan) – you contribute at least 3% and we pay in 15% of your salary
- Income protection – to maintain your income if you have a prolonged illness or disability
- Life assurance – four to six times your basic salary if you’re a member of our pension plan
- Interest-free travel season ticket loan
- Private medical insurance – we pay the cover, you pay the tax (and you can pay to add dependants)
- Gym and fitness classes – free membership to on-site gym and subsidised fitness classes and treatments
- Employee assistance programme – free, independent 24/7 help and advice for work-related issues as well as problems affecting your home life
- Mental health support – our network of mental health first aiders can be a first point of contact, or help while you're receiving professional help
- Health assessments (free and voluntary) – after you’ve been here for one year, then every two years after that
- Occupational health – annual eye tests and flu jabs, as well as job-related vaccinations
- Flexible working – we make every effort to support flexible working, including flexible working hours and remote working (we respect people's different working preferences and the need for a healthy work-life balance)
- Flexi-leave scheme – you can buy or sell up to five days of your holiday entitlement a year
- Staff social club – a range of sports teams and fun events throughout the year
- Volunteering – we give you up to four days' paid leave a year to contribute to our local community
- Give As You Earn – allows you to make tax-free donations to the charities you care about
- Cycle-to-work scheme – we offer at least 25% discount on bikes and cycling equipment and we have secure cycle storage, lockers and showers
- Subsidised restaurant and cafe
- Wellcome Collection discounts – 20% off food, drink and gifts from our cafe, restaurant and shop
- Discounts through Perkbox – shopping, restaurants, cinema tickets, phone insurance and gift cards
Company values
- We make it count
- We act boldly
- We stretch ourselves
- We pull together
Company HQ
London, UK
Articles
Leadership
Jeremy Farrar
(Director, not founder)Has been Director of the Wellcome Trust since 2013. Before that was Director of Oxford Clinical Research Unit, working on research and clinical trials for diseases in Vietnam.
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