Tax Manager - 12 Month Fixed Term

We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp operates with five core values: Safety, Integrity, Respect, Sustainability, and Drive. We seek to attract and hire individuals who share our commitment to creating a safe workplace, uphold the highest standards of integrity, and demonstrate respect for colleagues, communities, and the environment. Our recruitment process promotes sustainability by valuing long-term growth and responsible practices, while seeking candidates with the drive to innovate and lead in the global energy transition. Together, these values shape how we engage, assess, and welcome talent to join us in delivering transformational solar power solutions worldwide. 

Lightsource bp was fully acquired by bp in 2024.

What You’ll Do (The Role)

Summary

The Tax Manager UK will take a lead role in the management of Lightsource bp’s consolidated tax reporting & forecasting and governance process. In addition, you will manage the UK and Ireland regions tax compliance, transfer pricing, advisory and planning, M&A and tax projects.

Duties and Responsibilities

Tax Reporting, Tax Forecasting and Tax accounting 

• Ownership and overall responsibility for the groups consolidated financial tax reporting at year end under IFRS, covering the group tax charge and balance sheet position and all group statutory tax disclosures.
• Process involves calculation of all overseas local entities tax reporting calculations for current and deferred taxes under IFRS and determination of any uncertain tax positions etc.
• External statutory auditor lead for the whole process from preclose planning through to tax clearance sign off.
• Provide timely P&L and cash tax forecasting and budgeting process for the LSbp group and tracking v/s actuals.
• Responsible for Group tax reporting requirements for Pillar 2 and CbCR
• Developing underlying process to support all the above workstreams e.g. excel modelling, tax packs for material entities, maintaining balance sheet movements, ensure tax entries in ledger are correctly recorded
• Lead for all tax accounting technical matters e.g. tax accounting impacts for acquisitions and disposals of subsidiaries.

Tax compliance, advisory and governance for UK and Ireland 

• Ensure timely and accurate filings for direct tax (such as CIT, WHT) returns in UK and Ireland region, along with timely direct tax payments
• Preparation of local Transfer pricing files aligned with local tax return / TP filings including calculation of development fee for relevant projects based on Transfer Pricing compliant methodology
• Responsible for tax technical analysis for UK group wide issues such as CFC analyses, Corporate Interest Restrictions, Group relief, Group deductions allowances
• Consideration and implementation of tax incentives and planning opportunities (R&D tax credits, groupings, loss utilization etc.)
• Control owner for all controls related to tax compliance and governance (support in areas such as Senior Accounting Officer regime in UK)
• Oversee direct tax audit queries raised by local authorities and any tax controversy activities where needed
• Monitoring local tax legislation changes in relevant jurisdictions and ensure changes are reported in all tax compliance returns and financial models 
• Advising internal teams like Business development, Structured Finance, Legal, Finance on country specific direct tax issues, including on the tax structuring and implementation of domestic and cross border project and financing transactions, M&A and related tax due diligence
• Advise on tax implications of flow of funds for project financing including cash repatriation throughout the Group; tax review and approval of intercompany loans requests
• Prepare contemporaneous documentation of tax implications of key transactions for the purposes of internal project approvals and tax compliance / audit support; ensure all tax structuring and advisory matters are correctly reported in all tax compliance returns
• Assess and ensure ongoing compliance with reporting requirements for the Group under anti avoidance rules e.g., DAC 6, MDR
• Maintain good relationships with external advisors and coordinate the provision of external advice when required
• Participate in cross functional projects across the broader Finance team such as corporate simplification projects

Who We’re Looking For

Knowledge & Experience

• Qualified tax professional with minimum 5-8 years’ experience
• Preferably in-house MNC experience of consolidated tax reporting work
• Strong UK GAAP and IFRS tax accounting knowledge
• Corporate international tax experience and knowledge of issues such as corporate interest restriction, transfer pricing and DAC 6
• International experience / exposure essential
  • Experience of transfer pricing within a tax planning and advisory capacity is beneficial
  • Technically up to date with a good understanding of international taxation legislation and standards
• Ability to initiate and lead a project through to a successful completion engaging stakeholders throughout the process
• The ability to work in a fast paced, dynamic environment
• A positive, people-led mindset and inclusive way of working
• Can operate at both a senior financial level as well as in a more hands-on capacity as required
• Able to meet tight timeframes and drive continuous improvements

Personal Qualities

• Excellent presentation and communication skills
• Ability to organize workload and prioritize to maximum effect
• Self-starter able to work under limited direction / supervision
• Flexible approach in a fast-paced business which is constantly changing, keep a clear head under pressure
• Business partner of choice
• Excellent attention to detail when checking information with an ability to recognize and question anomalies
• Pro-active and hardworking nature
• Team player able to successfully work closely with various finance functions and networks across geographies and commercial disciplines.

Why You’ll Want to Work for Us

Our company is a place where you can be yourself and grow; a place where your ideas and opinions matter.

Be You: We are an inclusive community where every individual is valued and respected. 

Be Responsible: Our culture is driven by core values — operating safely, responsibly, and promoting biodiversity in all our projects.

Be Recognized: We offer a competitive salary alongside benefits including annual bonus, health insurance, pension schemes, and more. 

Be Inspired: Engage with our charitable causes, solar honey project, and sustainability initiatives that support your personal and professional development.