Direct Tax Manager, OVO
Fixed Term Contract
£65-80k
+ Eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal
More information about location
1+ day a week in office
Powering human progress with clean affordable energy for everyone
Posted today
Powering human progress with clean affordable energy for everyone
1001+ employees
Posted today
£65-80k
+ Eligible for an on-target bonus of 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal
More information about location
1+ day a week in office
1001+ employees
Company mission
To lower carbon emissions to zero by 2035, helping our customers reduce theirs at the same time - we call this Plan Zero.
Role
Who you are
- This role in 3 words: : Expert, Optimiser, Diligent
- Top 3 qualities for this role: Organised, Attention to Detail, Driver
- Are ACA/CTA qualified
- Have strong tax technical skills and experience in IFRS tax accounting
- You have some in house tax experience
- You are organised and thorough in approach with a keen attention to detail and willingness to dig and investigate to resolve problems
- You are able to work efficiently and independently to deliver results
- You have an ability to communicate (verbally and in writing) and present tax information to non tax colleagues with clarity
- You have an ability to build relationships with a wide range of internal partners across all levels of seniority and raise the profile of the tax team within the organisation
- You enjoy working in a changing environment
What the job involves
- We might not be on the frontline of people’s zero carbon journey, but the Tax Team plays a pivotal role within our finance function, directly contributing to the company's sustainable growth and overall strategic objectives
- Reporting to: Kelly Cranville, Direct Tax Lead
- You will be supporting the Direct Tax Lead across all UK Corporate Tax matters for the OVO Group to help ensure we meet all our regulatory tax requirements, manage risk and maximise the value of the Tax Team across the business
- Tax reporting : Supporting the management and statutory tax accounting and tax reporting for the group and working with the wider finance team to build a strong and efficient process
- Tax forecasting : Ensuring the tax position of the group is accurately forecasted for tax payments, optimising the use of tax attributes, and monitoring Corporate Interest Restriction
- Tax compliance : Managing the UK corporation tax compliance process working with external advisors
- R&D Tax Credits : Managing the preparation of R&D tax credit claims working with external advisors and technology teams
- Supporting with HMRC enquiries and administration
- Preparation of tax analysis papers for transactions
- Providing input into and monitoring of the tax control framework
- Supporting transfer pricing requirements and CBCR reporting
- Keeping abreast of legislative developments and emerging risks which will affect the group
Application process
- Contract Type: Fixed Term contract until 31 January 2027
Salary benchmarks
Our take
On average, home energy represents 26% of our carbon footprint. Ovo Energy wants to bring this to zero by providing cheaper, greener and simpler energy to customers. It's analysing meter data to deliver easy, personalised actions, turning electric vehicles into power stations with clever chargers, and building energy-efficient heaters. For households, it's offering is organised into four different energy plans, that include interest rewards on energy credit balance.
In 2020, OVO completed the acquisition of SSE Energy Services' retail arm for £500 million, meaning that the challenger brand now has around 4 million customers in the UK.
While helping Ovo members halve their carbon footprints, the company is also working towards becoming a net zero carbon business by 2035. The challenges ahead for the company include encouraging consumer behaviour change, shifting towards subscription models for home energy use.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Inspiring mission
"The mission to provide Green energy to all customers, and to enable all our customers to start on a journey towards zero carbon living is written in..."
Funding (last 2 of 3 rounds)
Jul 2023
$268m
GROWTH EQUITY VC
Feb 2019
$268m
GROWTH EQUITY VC
Total funding: $577.6m
Company benefits
- On-target bonus up to 15%. We have one OVO bonus plan that focuses on the collective performance of our people to deliver our Plan Zero goal
- Flex Pay: 9% on top of your salary - 4% of this is auto enrolled into your pension, and the remaining 5% is yours to do what you like with. You can use this to buy from our extensive range of flexible benefits, including our green benefits which we've put at the heart of our offering, add to your pension or even take it as cash
- 34 days of holiday (including bank holidays)
- For your health: With benefits like a healthcare cash plan or private medical insurance depending on your career level, critical illness cover, life assurance, health assessments, and more
- For your wellbeing: With gym membership, travel insurance, workplace ISA, will writing services, dental insurance, and more
- For your lifestyle: With extra holiday buying, discount dining, home & tech loans, and supporting your favourite charities with give-as-you-earn donations
- For your home: Get up to £400 towards any OVO Energy plan, plus great discounts on solar, smart thermostats and EV chargers
- For your commute: Nab a great deal on ultra-low emission car leasing, plus our cycle to work scheme and public transport season ticket loans
- For your belonging: To find better ways to support our people, we need to listen to each other’s experiences and find ways to build a truly inclusive and diverse workplace. As part of this, we have 8 Belonging Networks at OVO. Led by our people, for our people - so when you join OVO, you can play a part - big or small - with any of the Networks. It's up to you
Company HQ
Redcliffe, Bristol, UK
Leadership
David Buttress
(CEO)CEO of OVO, the UK’s 3rd largest energy supplier. Joined in May 2024.
Diversity, Equity & Inclusion at OVO
Alessandro Storer (Head of Inclusion & Belonging )
- We run inclusive training and unconscious bias workshops for employees and interviewers
- We provide mental health support, through different networks, having mental health first aiders within the business and running initiatives like our "wellbeing Wednesdays" to promote this.
- We have dedicated Early Years programmes with a focus on underrepresented groups, offering different training opportunities within the business.
- We invest in tools, like Textio, and focused I&D job boards to help us reduce bias in our job postings and recruitment activity.
- Commitment in improving diversity across our Tech Teams and working with companies to improve the tech ecosystem as a whole, specifically have committed to at least 30% Women in Tech at OVO by 2026
- We've signed up to numerous charters, like the Tech Talent Charter, Race at Work Charter and Trans in the City, to show our continuing commitment to improving I&D within OVO and the wider community
- Within OVO we have multiple belonging networks and communities set up, to offer support and forums for everybody
- Read more about our commitments to improving Diversity & Inclusion at OVO in our linked belonging report
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