At a Glance
- Tasks: Lead complex tax advisory projects in Wealth and Asset Management, building client relationships.
- Company: Join EY, a global leader in assurance, tax, and advisory services with a stellar reputation.
- Benefits: Enjoy flexible working, competitive pay, and a comprehensive rewards package tailored to your needs.
- Why this job: Be part of a dynamic team, develop new skills, and make a real impact in the finance world.
- Qualifications: Must have ACA/CTA or equivalent, strong tax skills, and experience in asset management.
- Other info: Opportunities for coaching and career progression in an inclusive work environment.
The predicted salary is between 43200 - 72000 £ per year.
Wealth and Asset Management Tax – Private Capital
Tax Manager
EY’s Financial Services (FS) Tax practice is the largest such practice in the UK with an exceptional reputation for sector expertise and close, trusted adviser, relationships across a broad range of FS clients including global financial institutions and market-leading boutiques, new market entrants and disruptors.
The Opportunity
EY\’s Private Capital Team has a segment which focusseson advising the Wealth and Asset Management sector (with people based in both London, Manchester and Newcastle), and includes specialists who work across multiple alternative asset classes including hedge funds, private equity funds, credit funds and real estate. Our clients include market-leading UK-based businesses, US inbounds and well-established UK, European and global asset managers. There is an ambitious growth target across all alternative asset classes over the next few years, and as a result there are a number of opportunities for exceptional candidates.
We also advise the principals of the above firms and provide both personal tax compliance and advisory work in relation to their affairs. Our international network results in our team undertaking a significant amount of cross-border tax advisory services and support with transactional matters for our clients.
To meet our ambitious growth plans in our FS Private Capital team, we are currently looking to recruit Tax Managers with tax advisory experience in asset management; including experience in international tax fund structuring and providing advice across various UK corporate tax issues.
Your key responsibilities
- Manage thesuccessful delivery of technically complex and demanding tax advisory projects across a range of matters including fund tax, international tax, UK corporation tax, UK income tax, capital gains tax, and other tax matters relevant to the Wealth and Asset Management sector.
- Aligned to a portfolio of long-term accounts, which you can build deep relationships with, and become their trusted advisor.
- Help people to develop through effectively supervising, coaching and mentoring staff.
- Role in the management of the team both in terms of strategy and operations and alsothrough managing staff development and assignments.
- Build and maintain relationships with clients.
- Proactive business development to win new work.
- Interaction with other EY offices both in the UK and overseas.
- Contact with HM Revenue & Customs and other third parties, including major financial institutions, lawyers and wealth advisory businesses.
Skills and Attributes for Succes
- Demonstrated track record of providing tax advice to asset management clients and their funds, including on international tax matters.
- Familiarity with the alternative asset management and/or private assets industry, with hedge funds, private equity funds and credit funds being of particular interest.
- Experience across a range of fund tax matters, including fund formation, acquisitions and disposals of assets, reorganisations, and asset management structures.
- Evidence of client-centricity and contributing to a culture of exceptional client service, including s trong client relationship management skills with ability to grow client relationships and prepare quality deliverables for clients
- The ability to work collaboratively and flexibly as part of a team and to contribute to people culture within team or wider firm.
- Excellent verbal and written communication, including explaining complex tax topics and recommendations to a non-tax audience.
- Attention to detail and the ability to complete work to a high professional standard.
- Enthusiastic team player with ability to create, sustain and lead effective teams
- Ensure delivery of quality work and take day to day leadership of delivery team
To qualify for the role you must have
- ACA / CTA / Tax Inspectors with full Technical Training course / Law qualification / Taxspecialist qualification
- Strong tax technical skills
- Initiative, professionalism and confidence
- Experience of coaching and developing junior staff
- Eligibility to work in the UK
- The ability to motivate a team; manage, mentor and train junior staff and work with peoplefrom across the business
- Asset Management tax advisory experience within an accounting firm or law firm
What we look for
We want to hear from Manager-level candidates who are looking to grow their responsibility in a market-leading team which specialises in the delivery of tax services to the asset management sector, and people who are excited by the challenges and opportunities associated with working in this dynamic environment.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your own and your team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:
- Support, coaching and feedback from some of the most engaging colleagues around.
- Opportunities to develop new skills and progress your career.
- The freedom and flexibility to handle your role in a way that’s right for you.
EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.
About EY
As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
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Tax Manager - Wealth & Asset Management employer: Iris Software
Contact Detail:
Iris Software Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Tax Manager - Wealth & Asset Management
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in the Wealth and Asset Management sector. This will not only help you understand the challenges faced by potential clients but also demonstrate your commitment to staying updated, which is crucial for a Tax Manager role.
✨Tip Number 2
Network with professionals in the asset management field, especially those who work at EY or similar firms. Attend industry events, webinars, or local meetups to build relationships and gain insights that could give you an edge during the interview process.
✨Tip Number 3
Prepare to discuss specific case studies or examples from your previous experience that highlight your expertise in international tax matters and fund structuring. Being able to articulate your past successes will showcase your capability to handle the responsibilities of the role.
✨Tip Number 4
Demonstrate your leadership skills by sharing experiences where you have successfully mentored or developed junior staff. This aligns with the role's requirement for team management and shows that you can contribute positively to the team culture at EY.
We think you need these skills to ace Tax Manager - Wealth & Asset Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in tax advisory, particularly within the asset management sector. Use specific examples that demonstrate your expertise in international tax matters and client relationship management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the Wealth and Asset Management sector. Mention your understanding of the challenges faced by clients and how your skills can help address these issues. Be sure to align your experiences with the key responsibilities outlined in the job description.
Highlight Your Qualifications: Clearly state your qualifications such as ACA, CTA, or any relevant tax specialist qualifications. Emphasise your technical skills and any coaching or mentoring experience you have, as these are important for the role.
Showcase Your Soft Skills: In your application, highlight your ability to work collaboratively and flexibly within a team. Provide examples of how you've successfully managed relationships with clients and contributed to a positive team culture.
How to prepare for a job interview at Iris Software
✨Know Your Tax Fundamentals
Brush up on your knowledge of UK corporate tax, income tax, and capital gains tax. Be prepared to discuss how these taxes apply specifically to the Wealth and Asset Management sector, as this will demonstrate your expertise and understanding of the role.
✨Showcase Your Client Relationship Skills
Prepare examples of how you've built and maintained strong client relationships in previous roles. Highlight your ability to manage expectations and deliver quality service, as this is crucial for a Tax Manager at EY.
✨Demonstrate Leadership Experience
Be ready to discuss your experience in mentoring and developing junior staff. EY values candidates who can lead teams effectively, so share specific instances where you have successfully guided others in their professional growth.
✨Prepare for Technical Questions
Expect to face technical questions related to fund tax matters and international tax structuring. Practise explaining complex tax topics in simple terms, as you'll need to communicate effectively with clients who may not have a tax background.