Tax Services Manager

2 weeks ago


Edinburgh, Edinburgh, United Kingdom State Street Corporation Full time

We are seeking a highly skilled Tax Services Manager to join our team at State Street Corporation. This role will be responsible for delivering tax services to our clients, ensuring compliance with tax regulations and providing expert advice on tax matters.

Key Responsibilities
  • Oversight of tax provisions for inclusion in SORP accounts for UK investment funds
  • Review of CT600s, CT61s, and VAT Returns for submission to HM Revenue & Customs
  • Assistance with tax project work as required
  • Review of taxation payment instructions for Trustees
  • Oversight of quarterly taxation reviews to ensure reasonableness of daily taxation provision accrual and management of issues log review points
  • Review of asset classifications for UK tax purposes for inclusion in the internally maintained Funds database ensuring the information contained within is accurate and up to date
Management of Service Delivery and Relationships
  • Development of effective working relationships and communications with staff to ensure they are motivated, developed, and supported
  • Development and maintenance of good relationships with senior staff within State Street and with clients and external parties, including HMRC
  • Establishment and monitoring of an effective oversight framework to ensure issues are appropriately identified, escalated, and resolved
  • Establishment and nurturing of a culture of 'Risk Excellence' within the team, encouraging an environment of openness that welcomes effective challenge and supports open discussion
  • Ensuring the immediate line manager and others are kept aware of all issues/problems/queries/work in progress that may impact the quality of service being given
  • Monitoring of errors and potential losses/breaches, completion of loss/breach documentation, and identification and completion of relevant remediation/training
  • Ensuring key performance indicators (KPI) measures are achieved monthly and taking action to resolve if the KPI is not green
  • Management of own time and activities effectively, setting an example through good housekeeping and time management
  • Keeping up to date with legislative and regulatory changes affecting the business
Requirements
  • Business degree from a University or equivalent/relevant market experience
  • Professional Qualification (ICAS, ICAEW, CTA, ACCA, ATT, AAT) desirable but not essential
  • Knowledge of tax regulations relating to UK Investment Funds, with knowledge of Property Funds/Property Authorised Investment Funds desirable
  • Strong understanding of fund accounting principles relating to UK Investment Funds, with experience in Funds Administration/Accounting practice preferable
  • Excellent communication skills, detail oriented, accuracy, problem-solving skills, ability to multi-task, and ability to work under pressure/deadlines
  • PC literate - Word, Excel, PowerPoint, Tax packages

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