At a Glance
- Tasks: Join a dynamic team to manage UK partnership tax and enhance financial processes.
- Company: Top law firm with a focus on professional services and collaboration.
- Benefits: Competitive salary, professional development, and exposure to international tax structures.
- Why this job: Make an impact in tax compliance and reporting while working with senior stakeholders.
- Qualifications: Minimum four years in tax or finance; strong Excel skills required.
- Other info: Opportunity for career growth and involvement in exciting tax projects.
The predicted salary is between 36000 - 60000 ÂŁ per year.
A top law firm are looking for a Tax Reporting Advisor to join a highly skilled Tax & Partner Finance team within a large, complex professional services environment. This role offers broad exposure to UK partnership tax, international structures, tax processes and controls, and finance transformation initiatives. The successful candidate will work closely with senior stakeholders, external advisors and global offices, playing a key role in compliance, reporting, modelling and process improvement.
Key Responsibilities- UK Tax Compliance
- Prepare UK partnership tax computations for large, complex partnerships.
- Analyse disallowable expenditure and identify applicable tax reliefs, allowances and deductions (including capital allowances).
- Apply and review tax rules underpinning a Machine Learning tool used to analyse tax disallowable expenditure.
- Work with external advisors to maintain and enhance tax technology solutions, including annual rule reviews.
- Prepare detailed schedules for UK Partnership Tax Returns, including allocation of trading profits, untaxed interest, and Gift Aid contributions.
- Calculate jurisdictionâspecific remuneration adjustments for partners.
- Support Corporation Tax compliance for a UK service company, including coordination with external advisors.
- Deliver other UK tax compliance work as required.
- Support the yearâend process, including allocation of accounting profits by jurisdiction and calculation of partner tax reserves.
- Develop and maintain financial and tax models in collaboration with senior finance leadership, including structural tax changes, profit allocation, interâentity profit flows, and effective tax rate forecasting.
- Support the selection and implementation of technology solutions to improve efficiency and control.
- Draft and maintain roles & responsibilities matrices for the global tax function and risk and controls matrices for direct and indirect taxes.
- Maintain process documentation and perform annual controls testing.
- Provide support during tax authority enquiries, internal audits or reviews.
- Develop, maintain and reconcile detailed tax records and ledgers.
- Produce annual tax reserve statements for partners.
- Perform monthly reconciliations of tax payment ledgers and coordinate quarterly interâoffice settlements.
- Support the review of historic tax reserves across multiple jurisdictions.
- Assist in developing tax reserving processes for international partners.
- Manage the annual budget process for the Tax & Partner Finance team.
- Prepare the Senior Accounting Officer report for the CFO.
- Provide ad hoc support on tax and finance initiatives.
- Contribute to a wide range of tax projects as they arise.
- Minimum four years' experience in a tax or finance role within a large partnership or corporate environment.
- Essential initial qualification in tax or accounting (e.g. ATT, ACA, ACCA).
- Higher tax qualification preferred (CTA, ADIT, or MSc/Masters in Tax); candidates without a higher qualification will be expected to pursue one.
- Strong understanding of accounting principles and doubleâentry bookkeeping.
- Advanced Excel skills.
- Personal leadership and accountability.
- Strong relationshipâbuilding skills.
- Collaborative and teamâoriented approach.
- Commitment to delivering highâquality outcomes.
- Clientâfocused mindset.
If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer ÂŁ200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply.
Tax Reporting Advisor in London employer: Ambition
Contact Detail:
Ambition Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Tax Reporting Advisor in London
â¨Tip Number 1
Network like a pro! Reach out to your connections in the tax and finance world. Attend industry events or webinars, and donât be shy about introducing yourself to potential employers. We all know that sometimes itâs not just what you know, but who you know!
â¨Tip Number 2
Prepare for interviews by researching the firm and its culture. Understand their approach to tax compliance and reporting. We want you to show them youâre not just another candidate; youâre genuinely interested in their work and how you can contribute to their success.
â¨Tip Number 3
Practice your responses to common interview questions, especially those related to tax processes and controls. We recommend doing mock interviews with friends or mentors to build your confidence and refine your answers.
â¨Tip Number 4
Donât forget to follow up after your interviews! A simple thank-you email can go a long way in leaving a positive impression. And remember, if you find a role that excites you, apply through our website for a smoother process!
We think you need these skills to ace Tax Reporting Advisor in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Tax Reporting Advisor role. Highlight your experience in UK partnership tax and any relevant qualifications like ATT or ACA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about tax compliance and how your previous roles have prepared you for this position. We love seeing genuine enthusiasm!
Showcase Your Skills: Donât forget to showcase your advanced Excel skills and any experience with tax technology solutions. Weâre keen on candidates who can bring efficiency and innovation to our team, so let us know how you can contribute!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. Itâs super easy, and weâll be able to review your application quickly. Donât miss out on this opportunity!
How to prepare for a job interview at Ambition
â¨Know Your Tax Stuff
Make sure you brush up on UK partnership tax and international structures before the interview. Familiarise yourself with the latest tax rules and how they apply to disallowable expenditure, as well as any recent changes in tax technology solutions.
â¨Showcase Your Analytical Skills
Be prepared to discuss your experience with tax computations and financial modelling. Bring examples of how you've analysed complex data or improved processes in previous roles, especially if it involved collaboration with senior stakeholders or external advisors.
â¨Demonstrate Team Spirit
This role requires a collaborative approach, so highlight your relationship-building skills. Share instances where youâve worked effectively within a team, particularly in high-pressure situations or during compliance projects.
â¨Ask Smart Questions
Prepare insightful questions about the firm's tax processes and technology initiatives. This shows your genuine interest in the role and helps you understand how you can contribute to their goals, especially regarding efficiency and control improvements.