Practice Manager

Practice Manager

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage back office operations for Private Client Tax, including AML processes and client communication.
  • Company: Fusion Consulting Group, a rapidly growing multi-disciplinary professional services firm.
  • Benefits: Up to £45,000 salary, private medical insurance, birthday off, and tailored training.
  • Why this job: Join a dynamic team and make a real impact in tax administration for diverse clients.
  • Qualifications: Three years of tax administration experience and strong organisational skills required.
  • Other info: Flexible work environment with opportunities for career growth and development.

The predicted salary is between 36000 - 60000 £ per year.

Due to extensive growth and multiple acquisitions, Fusion Consulting Group are looking to recruit an experienced Practice Manager to play an instrumental role in the running of our Private Client Tax function. Fusion Consulting Group is a rapidly growing, multi-disciplinary professional services firm with subsidiaries spanning Tax, Accounting, Legal, Financial Services, Executive Recruitment, and Fractional CFO Services. We deliver an integrated suite of advisory solutions to entrepreneurial businesses and private clients across the UK and internationally.

Job Summary

We are seeking a Practice Manager to support Fusion Tax with all of their back office operations, including the AML process, KYC and risk assessments. Our business is geared towards providing Taxation services to a broad range of clients including expats, non-UK residents and to support High Net Worth clients, Entrepreneurs and Trusts through the life cycle of their business.

Responsibilities

  • Responsible for the AML process from start to finish within the tax department including electronic ID verification, KYC and risk assessment
  • Contacting clients for information requests
  • Scanning and photocopying client information, ensuring the client is contacted to confirm safe receipt and information is saved in the client folder
  • Updating IRIS on receipt of client information
  • Contacting IRIS for support where needed
  • Reformatting / making amendments to documents
  • Answering inbound calls and transferring to the relevant member of staff (within tax and accounting only)
  • Acting as a secondary contact for absent team members
  • Ensuring effective communication between accounting and taxation departments
  • Minute taking in departmental meetings and task management
  • Opening and scanning post for filing in the relevant client
  • Ensuring post is sent daily
  • Tax Administration: Updating IRIS
  • Preparing and sending tax return information to be drafted by team
  • Ensure the tax return processing team is achieving a three day turn around and using IRIS to manage this
  • Filing tax returns to HM Revenue & Customs and emailing the client to confirm submission to HMRC
  • Submission receipt and email saved in the relevant client directory
  • Assisting with client take on procedures, contacting new clients and sending them relevant HMRC forms, where necessary.
  • Ensuring new clients have been authorised with HMRC
  • Sending forms and letters to HMRC and ensuring all correspondence filed in the relevant client file

Candidate Requirements

  • At least three years tax administration experience within a UK practice
  • Previous experience managing AML procedures
  • Must be highly organised, proactive and a self-starter
  • Able to prioritise workload and be self-sufficient
  • Can work well under pressure and in a very busy environment
  • A team player, with active participation in the team, in addition to being able to work on their own as required
  • Friendly and helpful with a can-do work ethic
  • Flexible and able to prioritise a changing to do list
  • Excellent written and verbal communication skills

What we Offer

  • Up to £45,000 per annum base salary
  • Private medical insurance
  • Group life insurance
  • Breakfast club
  • FusionPoints bonus scheme
  • An additional day off for your Birthday every year
  • Tailored training and development plans for every employee

Job Type: Full-time, Monday-Friday (Fridays WFH)

Job Location: London Finchley, N3

About Fusion Consulting Group: Fusion is a multi-discipline consulting practice assisting entrepreneurial businesses and private clients by delivering an end to end solution throughout their business journey. Fusion crafts client solutions using its in-house team of highly skilled consultants with a diverse range of expertise within International Taxation, Company Accounting, Executive Recruitment, IT Strategy, Business Advisory, Legal Services and Financial services ensuring a joined up approach and seamless client experience.

Equal Opportunities Fusion Consulting Ltd is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Practice Manager employer: Fusion Recruitment

Fusion Consulting Group is an exceptional employer, offering a dynamic work environment in London Finchley that fosters professional growth and collaboration. With tailored training plans, competitive benefits including private medical insurance and a unique FusionPoints bonus scheme, employees are empowered to thrive in their roles while contributing to a multi-disciplinary team dedicated to delivering integrated advisory solutions. Join us to be part of a rapidly growing firm that values diversity and encourages a proactive, can-do work ethic.
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Contact Detail:

Fusion Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Practice Manager

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Practice Manager role. You never know who might have the inside scoop on an opportunity!

✨Tip Number 2

Prepare for interviews by researching Fusion Consulting Group thoroughly. Understand their services, values, and recent news. This will help you tailor your answers 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 to get comfortable with common questions. Focus on showcasing your experience in tax administration and AML procedures, as these are key for the Practice Manager role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining Fusion Consulting Group and ready to dive into the exciting world of Private Client Tax.

We think you need these skills to ace Practice Manager

AML Procedures
KYC
Risk Assessment
Tax Administration
Client Communication
Document Management
IRIS Software
Minute Taking
Organisational Skills
Proactivity
Team Collaboration
Pressure Management
Written Communication
Verbal Communication

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Practice Manager role. Highlight your experience in tax administration and AML procedures, as these are key for us. Use specific examples that showcase your skills and achievements.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re the perfect fit for Fusion Consulting Group. Mention your proactive approach and how you can contribute to our Private Client Tax function.

Showcase Your Communication Skills: Since excellent written and verbal communication is crucial for this role, make sure your application reflects this. Keep your language clear and professional, and don’t forget to proofread for any typos!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team.

How to prepare for a job interview at Fusion Recruitment

✨Know Your AML Inside Out

Since the role involves managing the AML process, make sure you brush up on your knowledge of Anti-Money Laundering regulations. Be prepared to discuss how you've handled AML procedures in the past and any challenges you've faced.

✨Demonstrate Your Organisational Skills

This position requires a highly organised individual. Bring examples of how you've successfully managed multiple tasks or projects simultaneously. You could even mention specific tools or methods you use to stay organised.

✨Showcase Your Communication Skills

Effective communication is key in this role, especially when liaising with clients and team members. Prepare to share examples of how you've communicated complex information clearly and effectively in previous roles.

✨Be Ready for Scenario Questions

Expect questions that assess how you'd handle real-life situations, like dealing with a difficult client or prioritising urgent tasks. Think through potential scenarios related to tax administration and have your responses ready.

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