Senior Tax Manager

3 weeks ago


Preston, Lancashire, United Kingdom RSM Full time

Background

RSM, one of the world's largest networks of audit, tax and consulting firms, delivers big ideas and premium service to help middle-market businesses thrive. We are a fast-growing firm with big ambitions, striving to become the premium adviser to the middle market globally.

Team

We seek a skilled Senior Tax Manager to join our in-house tax team, part of our National Finance Office (NFO). Reporting to the Chief Financial Officer and Finance Partner, you will be responsible for delivering a premium service to our internal stakeholders, the RSM partnerships and individual partners, in relation to their tax affairs and compliance matters.

Responsibilities

  • Liaise with the RSM IT development team to update and improve portals for tax information exchange between partners and the in-house tax team.
  • Prepare a yearly template tax calculation for partners' tax reserves, reviewing and checking calculations for circa 400 partners.
  • Review 10-yearly partnership tax computations, presenting findings to the Head of Professional Practices and CFO for sign-off.
  • Provide feedback and training to the Corporate Reporting team on partnership tax computations, identifying areas for improvement.
  • Prepare tax reserve calculations for RSM partners by mid-September, incorporating them in yearly current accounts.
  • Prepare partnership tax returns for review and approval, submitting them to HMRC.
  • Review circa 400 partner tax returns before issuing for review and approval.
  • Prepare partnership tax liability cashflow forecasts.
  • Coordinate and review composite tax payments for partners in January and July each year.
  • Liaise with the Finance Partner on queries regarding partners' tax reserve balances during yearly account reconciliations.
  • Be familiar with the RSM LLP Members Agreement and its financial implications.
  • Liaise with the Finance Partner to review RSM partners' position regarding HMRC's Salaried Member rules, reporting findings and recommended actions.
  • Provide ad-hoc tax advice to partners, responding to HMRC enquiries and assisting with partnership withholding tax claim forms.
  • Prepare a yearly charity repayment claim and two trust tax returns.
  • Develop policy documentation for risk management and process improvement purposes, related to partnership and partners' tax.
  • Delegate tasks to the Partnership Tax Assistance team, ensuring their career development needs are met.
  • Meet CPD requirements.

Overall Job Purpose

Manage all aspects of RSM partnership and partners' tax compliance within NFO, ensuring timely and accurate completion of tax compliance matters for 10 RSM LLPs and circa 400 partners. Liaise with HMRC contacts on personal tax matters as required.



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