Associate Director, Private Capital Tax, Financial Investors in Manchester

The Private Capital Tax team combines market-leading tax expertise in credit transactions, fund structuring, investment manager advisory and investor tax reporting. The client base includes some of the largest global asset managers and alternative investment funds. The team works with all alternative asset classes and includes Deloitte’s credit and restructuring tax specialists.

We are looking for Associate Directors to support our work with alternative asset managers across private equity, debt, real estate, infrastructure and hedge funds. This role will include advising asset management firms on the structure of the fund, the structure and remuneration of the fund manager, and the taxation of investment returns to investors and the senior management teams. We work alongside credit transactions specialists in our team, and also closely with our M&A and Real Estate tax teams, to provide joined‑up comprehensive solutions to our clients.

You will be working alongside partners and directors in non‑hierarchical client teams as well as within wider global project teams. Deloitte takes your development very seriously. You will benefit from continuous training and a transparent, interactive appraisal process. You will be empowered to manage your own workload and achieve career goals that you set yourself, in a team with a proven track record for strong progression. We encourage consideration of flexible ways of working, both formal and informal arrangements that allow for the best outcomes for our people and our clients.

If this opportunity is of interest to you with some flexibility, please do discuss with us.

In this team, your role in the group could encompass some or all of the following:

• Advising on a broad array of tax issues relating to the advisor/manager of private equity, credit, real estate, infrastructure or hedge funds, ranging from structuring global carried interest and co-investment plans to structuring the fund and the fund management business.
• Providing bespoke tax advice in relation to long-term incentives and complex fund investments for fund management staff.
• Reviewing corporate and partnership tax computations, as well as carry/co-investment reporting schedules prepared by the team for investors or the fund management team.
• Advising fund managers on the potential tax implications for their clients of making investments in certain Funds of Funds.
• Managing diverse teams (including from other Deloitte member firms) within an inclusive and collaborative team culture, where people are recognised for their contribution.
• Contributing to the eminence of our team within the wider Deloitte tax practice and in the market through knowledge sharing and thought leadership.
• Contributing to the growth and success of our team by engaging in the professional development of our junior team members.

Connect to your skills and professional experience:

• Experience and/or knowledge of private equity, credit, real estate, infrastructure or hedge funds and how they operate would be preferred but not necessarily essential.
• A good appreciation of tax law and practice with strong attention to detail.
• Preferably qualified ACA or ATT/CTA, or equivalent qualification and experience.
• Ability to build strong relationships and communicate complex ideas (through both written and oral communication) in a pragmatic, commercial and articulate way.
• A team player that takes ownership of projects, uses initiative to resolve problems and works well under pressure, with the ability to adapt to change rapidly and respond to clients appropriately.

Our hybrid working policy:

You will be based in London, Cambridge or Manchester (with occasional domestic and international travel) with hybrid working. At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we will support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you will have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You will get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.