At a Glance
- Tasks: Manage tax processes for UK partners and ensure accurate financial reporting.
- Company: Join a leading firm with a collaborative and supportive culture.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Dynamic team environment with potential for career advancement.
- Why this job: Make a real impact in tax management while working with talented professionals.
- Qualifications: Qualified ACA/ACCA CTA or 2 years in a tax role; strong Excel skills required.
The predicted salary is between 60000 - 75000 € per year.
Location: Manchester
Type: Permanent
Hybrid working: 2 days per week in the office
Team: Finance
Key Responsibilities
- Managing the tax reserving process for UK resident partners, including:
- Accounting aspects
- Allocation of partnership accounting profits and tax adjustments from the various Firm’s partnerships.
- Monthly review of tax reserve postings.
- Posting journals onto accounting system to ensure tax reserve accounts show an up-to-date position.
- Review and allocate foreign taxes paid by branches and withheld from clients.
- Review of deferred tax calculations, allocations and movements between partners groups as and when necessary. This includes the review of deemed dividends from overseas corporate entities.
- Tax aspects
- Calculation of annual tax reserve charge.
- Calculation and review of effective tax rates, including forecast for drawings purposes.
- Double tax relief claims together with the management and quarterly reconciliation of the foreign tax accounts.
- Tax equalisation calculations for all UK valve partners and assistance for foreign partners receiving UK sourced profit.
- Applying available tax reliefs and the calculation and release of pension/gift aid and investment relief.
- Review of former partner tax balances.
- Management of partner tax payments / refunds, including:
- Preparation/review of tax payment schedules provided by external advisers.
- Requesting payments from partners of personal non-Clyde related income.
- Analysing former partner balances.
- Advise on applications for reductions in payments on account where necessary.
- Forecast future tax payments for budgeting purposes.
- First point of contact for partners, including:
- Briefing lateral hires and newly promoted partners.
- Preparation of a tax reconciliation for departing partners including review of the deed of withdrawals.
- Preparation of annual tax reserve statement.
- Preparation of individual statements showing a reconciliation from profit allocation to taxable profit.
- Responding to partner / external tax adviser queries.
- Project work will form part of the role as when and necessary. Current projects ongoing include the introduction of individual statements to partners and ongoing review of excess profits allocated from non-UK entities/branches.
- Preparing and sending partnership tax return information to external tax advisers and liaising with internal finance teams, in particular the partnership accounts team.
- May be required to travel to other Clyde UK based offices.
- Responsible for one direct report.
- Provide support to all team members in busy periods.
Qualifications Required
- Qualified ACA/ACCA CTA qualified or 2 years minimum experience in a tax related role
- Excellent Excel skills
- Experience using an accounting system
- Excellent communication skills
- Ability to work remotely
Ideal
- Experience of partnership structures
UK Partner Tax Manager employer: Clyde & CO
Clyde offers an exceptional work environment in Manchester, where employees benefit from a hybrid working model that promotes work-life balance. With a strong focus on professional development, team collaboration, and a supportive culture, Clyde empowers its staff to grow within their roles while engaging in meaningful projects that impact the firm's success. The opportunity to work closely with partners and contribute to innovative tax solutions makes Clyde a rewarding place for those seeking a fulfilling career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land UK Partner Tax Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and tax sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Familiarise yourself with their recent projects and values. This will help you tailor your responses and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family. Focus on common questions related to tax management and partnership structures. The more comfortable you are, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you that Partner Tax Manager role!
We think you need these skills to ace UK Partner Tax Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the UK Partner Tax Manager role. Highlight your relevant experience in tax management and partnership structures, and don’t forget to showcase your Excel skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at Clyde. Mention specific projects or experiences that relate to the responsibilities listed in the job description. We love a good story!
Show Off Your Communication Skills:Since this role involves liaising with partners and external advisers, make sure your written application reflects your excellent communication skills. Keep it clear, concise, and professional. We appreciate a well-structured application!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be all set!
How to prepare for a job interview at Clyde & CO
✨Know Your Tax Stuff
Make sure you brush up on your tax knowledge, especially around partnership structures and tax reserving processes. Be ready to discuss specific examples from your experience that demonstrate your understanding of tax calculations and effective tax rates.
✨Excel Skills are Key
Since excellent Excel skills are a must for this role, practice using advanced functions and data analysis techniques. You might be asked to solve a problem or analyse data during the interview, so being comfortable with Excel will give you an edge.
✨Communication is Crucial
This role involves liaising with partners and external advisers, so showcase your communication skills. Prepare to discuss how you've effectively communicated complex tax information in the past, and think about how you can simplify jargon for those who may not have a tax background.
✨Prepare for Project Discussions
Be ready to talk about any relevant project work you've done, especially if it relates to tax equalisation calculations or managing tax payments. Highlight your ability to manage multiple tasks and support team members during busy periods, as this will show your teamwork and leadership potential.
