Tax Accounting Manager – Asset Management recruitment
Our client is a global financial markets powerhouse, and seeking a Sydney based Tax Manager within their funds management business.
Ideally you will come from a strong tax background within funds management, either within custody or asset management directly.
The role of Tax Manager plays an important role in supporting the service delivery of the Tax Services - Fund Administration team.
The Tax Manager will report directly to Operations Manager -Tax Services and will support the Teams and Clients under their jurisdiction.
The Tax Manager is responsible for ensuring the correct fulfilment of tax reporting and compliance in the Tax Services - Fund Administration Team, in their servicing of clients against Service Level Agreements .
The areas of expertise that the Tax Manager would be responsible for would include:
- Tax Reporting
- Tax Returns
- Distribution Calculations
- Tax Provisioning
- Franking Credits
They will provide technical expertise necessary for the Tax Services team to maintain compliance will all current regulatory requirements, legislation and policy on behalf of clients. As such they must ensure their technical development is current through ongoing study or participation in industry groups and disseminate this knowledge to colleagues in the Tax Services and Fund Administration through workshops, presentations and in-house training.
This will include:
- Tax legislation updates
- Procedural reviews and updates
- Corporate Actions reviews
- Security classifications
Further responsibilities:
- The Tax Manager will work closely with other Tax resources in the Fund Administration Team including liaising with the Senior Tax Counsel and networking and knowledge sharing with Tax technical staff based in the business.
- The Tax Manager will be responsible for ensuring all Tax staff are sufficiently trained for there role including seasonal contractors.
- The Tax Manager will be responsible for planning and completing timetables of deliverables and BAU tasks within the Tax team.
- They act as first point of escalation on identified issues, they identify and escalate more complex queries for resolution. They act as a client contact in dealing with day-to-day liaison issues.
- They ensure all reports generated are of a standard consistent with policies meeting legislative requirements. As such they have sound numeracy and analytical ability and they are capable and pro-active in problem solving and resolution. They are outcome focused and work to ensure service delivery meets required timelines.
- The role also comprises substantial inter-departmental contact and as such they require excellent interpersonal ability. They will be working closely with other Tax Teams, Fund Administration Team as well as the business units that they may need information from. They have a service ethic and a quality focus applied in the way they operate and the work they produce.
- As required, they investigate and assist with adhoc queries. They consider and meet operational risk and compliance requirements in their work preparation and they maintain relevant compliance records.
Background:
- Between 5-8 years experience, preferably in income tax, accounting or fund accounting, custody and/or operations with an understanding of the full service model of master custody.
- You have awareness of financial market securities and fund products for which you provide taxation services.
- You understand various securities and financial instruments in the market, and in principle how they operate and are accounted for.
- You have the ability to provide pragmatic and commercial solutions in problem solving.
- Experience and knowledge of tax compliance and requirements of Trusts products is essential.
The successful candidate will have an inquisitive and questioning mindset and good time management skills, with the ability to meet critical deadlines in the area. You demonstrate sound numeracy and analytical ability, maturity and judgement.
You will have experience in Tax return preparation, Tax Distribution calculations, Identifying changes to be made in current processes as a result of changes to the tax legislation, dealing in financial products from a tax perspective and identifying improvements to be made from a systems and technical viewpoint and in co-ordinating the implementation of the improvements.