Senior Group Funds Tax Administrator recruitment
MG Investments, part of the Prudential Group, is a city based investment company with assets under management of more than £195 billion, as at 31 December 2010. As one of the largest asset managers in Europe, it aims to maximise profitable growth by operating in markets where it has a leading position and competitive advantage, including retail fund management, institutional fixed income, pooled life and pension funds, property and private finance.
Opportunity
This is an opportunity for someone to find out more about the taxation issues affecting the Life Funds of the Prudential, The role will involve dealing with various areas of Investment Operations and also Prudential Group Tax and External Parties. The person should be numerate with excellent communication skills and possess the willingness and ability to provide a first rate service to clients. Experience within a tax reporting / client accounting environment would be a distinct advantage.
Key responsibilities
- Daily monitoring of Loan relationship instruments for various funds.
- Daily monitoring of Capital Gains Tax for various funds.
- Review of new Tax Exceptions and procedures.
- Linked funds - reassurance processing/reviewing
- Support of Business Change initiatives initially associated with the Tax System.
- Monthly/Quarterly tax and accounting reconciliations.
- SOX controls
What we are looking for
Essential
- Demonstrate a good knowledge and understanding of the financial services industry.
- A good knowledge of Investments and their associated Tax and Accounting treatments.
- A good understanding of Corporate Actions.
- Numerate
- Team Working
- Conceptual Thinking
- Prioritising Organising
- Drive for Excellence
- Flexibility
- Delivery
- Logical Analytical Approach
Desirable
Industry knowledge
An awareness of...
- Investment markets, instruments products, data suppliers
- Regulatory framework
- Transaction processing, dividends, reconciliations, pricing, reporting
Technical:
An awareness of...
- Securities Taxation (in particular life insurance rules and CGT)
IT
- A broad understanding of Investment Operations system infrastructure
- Detailed knowledge of relevant applications and ability to utilise effectively.
- Excel, Access Word
Qualifications:
- Investment (IMC) or equivalent.
- Studying or willing to study Tax or Accounting qualifications.
MG is an equal opportunities employer and welcomes applications from a diverse background.
