At a Glance
- Tasks: Join our team as a Tax Accountant, supporting tax compliance for 146 partners.
- Company: FryerMiles is a leading international professional services firm based in Basingstoke.
- Benefits: Enjoy a hybrid work model and competitive salary of £50,000 to £60,000 plus benefits.
- Why this job: Be part of a dynamic team, tackle exciting challenges, and develop your skills in a supportive environment.
- Qualifications: You need to be ATT, ACCA, or ACA qualified with 3 years of post-qualification experience.
- Other info: This is a newly created role, perfect for motivated individuals ready to grow.
The predicted salary is between 42500 - 63000 £ per year.
FryerMiles are delighted to be partnering with a leading international professional services business in Basingstoke, Hampshire to assist in the hiring of a Tax Accountant to join the team on a permanent basis. This is a newly created role to support the Tax Manager.
The Tax Accountant is responsible for:
- Support the UK and International Tax Manager in delivering all aspects of personal and partnership tax compliances for the firm's 146 partners (including former partners) in a timely manner.
- Preparation and maintenance of control schedules to ensure completeness of population for whom personal tax returns are required and recording where responsibilities lay; registration of partners as self-employed for National Insurance and self-assessment purposes including obtaining HMRC authorisations for the firm to act as a tax agent.
- Preparation of partners' tax return database, including reconciliation of the tax liability position to individual tax returns, to record the progress and status of tax returns, to track information received from partners to determine additional information needed to prepare tax returns, to analyse tax payments and to track pension contributions made by partners.
- Assistance with the bi-annual tax payments to HMRC and the accounting thereof.
- Work closely with the Partnership Accountant to review partners' tax reserves and input into the annual statement process.
- Contacting HMRC regarding partners' tax affairs, making the disclosure and assisting with enquiries.
- Checking payroll and P11D records prepared by external advisors to ensure it is correct and complete.
- Assistance with employment tax queries.
- Assistance with PSA calculation such as analysis of expenses.
- Assistance with VAT returns for the UK entities, review transactions to ensure VAT is accurately applied and claimed.
- Assistance with other taxation queries such as VAT, withholding tax, and IR35.
- To undertake any specific training when required and overall responsibility towards self-development.
- Assistance with other Finance department duties as reasonably required.
The successful candidate should be ATT, ACCA, ACA qualified with 3 years post qualified experience in industry, a strong team player, highly motivated and be flexible within their role to take on new challenges and responsibilities. Excellent communication skills and attention to detail with the ability to produce high quality work against deadlines.
Tax Accountant employer: FryerMiles Recruitment
Contact Detail:
FryerMiles Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Tax Accountant
✨Tip Number 1
Familiarise yourself with the specific tax regulations and compliance requirements in the UK, especially those relevant to partnerships. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the tax accounting field, particularly those who work in similar roles or industries. Attend industry events or join online forums to connect with potential colleagues and gain insights into the company culture at FryerMiles.
✨Tip Number 3
Prepare to discuss your experience with tax return preparation and compliance during the interview. Be ready to provide examples of how you've successfully managed tax-related tasks in previous roles, highlighting your attention to detail and ability to meet deadlines.
✨Tip Number 4
Research FryerMiles and their approach to tax services. Understanding their values and how they support their partners can help you tailor your responses in interviews and show that you're genuinely interested in contributing to their team.
We think you need these skills to ace Tax Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in tax compliance and accounting. Emphasise your qualifications such as ATT, ACCA, or ACA, and include specific examples of your work with personal and partnership tax returns.
Craft a Strong Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your skills and experiences align with the needs of the Tax Accountant role, particularly your ability to manage tax compliance for partners.
Showcase Communication Skills: Since excellent communication is crucial for this role, provide examples in your application of how you've effectively communicated complex tax information to clients or colleagues in the past.
Highlight Attention to Detail: In your application, mention specific instances where your attention to detail has led to successful outcomes, especially in preparing tax returns or handling financial records. This will demonstrate your capability to produce high-quality work against deadlines.
How to prepare for a job interview at FryerMiles Recruitment
✨Know Your Tax Regulations
Make sure you brush up on the latest UK tax regulations and compliance requirements. Being able to discuss recent changes or challenges in tax law will show your expertise and commitment to the field.
✨Demonstrate Attention to Detail
As a Tax Accountant, attention to detail is crucial. Prepare examples from your past work where your meticulous nature helped avoid errors or improved processes. This will highlight your suitability for the role.
✨Showcase Your Teamwork Skills
Since this role involves working closely with the Tax Manager and Partnership Accountant, be ready to discuss your experience in collaborative environments. Share specific instances where you contributed to team success.
✨Prepare Questions for Them
Interviews are a two-way street. Prepare insightful questions about the company's tax strategies or team dynamics. This shows your genuine interest in the role and helps you assess if it's the right fit for you.