A leading investment firm is looking to recruit a Funds Tax Assistant Manager for it's Private Markets division.
This role is targeted at a recently qualified tax professional, with initial grounding in funds tax, who is to further learn and develop their skills in an in-house tax team under the tutelage of an experienced Associate Director. Working closely with internal teams such as funds finance, investment and legal, as well as various external tax advisors, the primary responsibility will be to oversee all tax compliance matters for the private equity and infrastructure funds (including investment SPVs, Funds and Carried Interest Partnerships). In addition there will be opportunity for involvement in certain advisory and structuring projects.
Key responsibilities:
- Assist with the co-ordination and management of the tax compliance processes including, but not limited to, partnership tax for funds and carried interest vehicles, corporate tax for investment SPVs, FATCA, CRS, and DAC 6 in key relevant jurisdictions including the UK, US, Guernsey, Jersey, Luxembourg ensuring that tax returns are reviewed, finalised, and filed in accordance with agreed processes and deadlines and ensuring tax payments are made in a timely manner.
- Form a strong day to day relationship with key tax suppliers of compliance and advisory work.
- Create an efficient working process such that outsourced tax compliance and advisory work is completed on budget.
- Collaborate with funds finance, external administrators and external tax advisors to keep the UK (or US) compliance calendar on plan.
- Perform a detailed review of tax compliance work prepared by external administrators and advisorsMonitor the tax mailbox, responding to internal and external stakeholder queries in a timely manner
- Assist the team with completion of US withholding tax packages. Assist with withholding tax matters and reclaims including liaising with various stakeholders as necessary.
- Assist on the tax review of investments and divestments made by the funds.
- Support the tax review of transactions and internal projects coordinating the help of external experts where required.
- Identify process efficiencies and work to enhance these processes through the use of technology.
- Assist with HMRC, IRS, and any other tax authority correspondence to ensure positive working relationships.
You will be a recently qualified tax specialist or accountant (ACA, ACCA or CTA) with exposure to UK partnership, corporate, and personal tax. You will ideally have experience working in a funds tax or asset management tax role either in house or in practice with a core of tax compliance experience. Some US tax exposure would be advantageous, but is not essential. Similarly experience of financial services / private market fund structures would be ideal, but not essential.
