At a Glance
- Tasks: Provide expert tax advice and manage compliance for asset managers and their funds.
- Company: Join Grant Thornton, a forward-thinking firm with a vibrant culture.
- Benefits: Enjoy flexible working, competitive salary, and opportunities for personal growth.
- Other info: Be part of an inclusive culture that values your unique contributions.
- Why this job: Make a real impact in a dynamic industry while developing your career.
- Qualifications: Professional qualification in tax or accounting and client management experience.
The predicted salary is between 75600 - 92400 £ per year.
At Grant Thornton we do things differently - looking to the future, driving ambitious growth and pioneering positive change in our industry. Providing audit, tax and advisory services, we empower clients through strategic insight, curiosity, and genuine partnership. And we empower our people with real opportunity, an inclusive culture and work life balance.
Grant Thornton's Alternative Funds tax team provides tax advisory, transactions and compliance services to alternative fund managers across all asset classes including private equity, venture capital, private debt, hedge funds, real estate and infrastructure. The team's client portfolio spans the breadth of the asset management sector, serving traditional asset managers, financial services institutions, private equity funds, alternative investors, the real estate sector, wealth and hedge asset managers, UK pension funds, and global institutional investors. We combine technical expertise with a commercial approach, to build a strong trusted adviser relationship with our clients.
The Alternative Funds tax team sits as part of the wider Financial Services Tax team, which provides tax services to a variety of clients in the Financial Services market across Wealth and Asset Management, Banking and Capital Market and Insurance sectors. We have ambitious growth plans and are looking for an experienced, enthusiastic Associate Director with strong UK tax compliance and advisory experience to join our team in London.
The alternative funds industry is dynamic, technically demanding and global, giving you the opportunity to work on domestic and international structuring, transactions and UK tax compliance and advisory matters, in addition to working with the wider Grant Thornton International network.
You will be responsible for managing the full suite of tax compliance and advisory services for asset managers themselves and the funds they manage, across the entire investment lifecycle including fund structuring, structuring carried interest arrangements, structuring the investment and divestment of assets and ongoing tax compliance and investor reporting. Part of the role will focus on working alongside the partner group in building out the practice, building strong client relationships within the current and target client base.
Working in practice means that the job is, by its nature, different every day and we want someone who is actively looking for this challenge. An agile approach to working with different projects and people is therefore essential. We're happy to talk flexible working and consider reduced hours and job shares, we'll support you to balance your work and life.
As an Associate Director you will:
- Take ownership of providing highly technical tax advice to asset managers and the funds they manage throughout the investment lifecycle of the fund, including transaction and tax structuring support.
- Deliver partnership tax and corporate tax compliance services to asset management businesses, ensuring their tax reporting obligations and compliance deadlines are met.
- Assist with investor reporting to enable clients to effectively communicate taxable results to their individual investors.
- Develop and lead your own diverse client portfolio, ensuring a high level of client service.
- Work closely with our colleagues across Grant Thornton’s tax practice, Financial Services Industry and international network to identify opportunities from both new and existing clients.
- Actively contribute to business development activities by proactively managing existing relationships and pitching work to new clients.
- Proactively train and develop more junior members of the team, including through the delivery of bespoke training sessions.
Joining us as an Associate Director the minimum criteria you'll need is a professional qualification (CTA / ACA / ACCA or equivalent), and to be confident managing a portfolio of clients. It would be great if you also had some of the following skills, but don't worry if you don't tick every box, we'll help you develop along the way:
- Strong tax technical skills and an interest in the financial services sector (previous experience of working with one of the asset classes (private equity, venture capital, private credit) is preferred but is not essential).
- Mix of corporate and partnership tax compliance experience.
- A track record of leading projects, with a focus on accountability, high quality and timely delivery.
- Self-motivated and strong team player.
- Excellent interpersonal skills are required in addition to strong oral and written communication skills.
- Familiarity with Alpha tax, CCH personal tax, Power BI, Microsoft Office, and other relevant software.
- Experience of coaching and developing more junior team members.
Embracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people, we never settle for what is easy, we look beyond to deliver the right thing, for everyone. Building an inclusive culture, where we value difference and respect our colleagues helps our people to perform at the best of their ability and realise our potential. Our open and accessible culture means you'll interact with leaders who are interested in you and everything you bring to our firm.
The things that set you apart, we value them. That's why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work. Life is more than work. The things you do, and the people you're with outside of work matter, that's why we're happy to look at flexible working options for all our roles, and we'll always do our best to keep your work and life in balance.
The impact you can make here will go far beyond your day job. From secondments, to fundraising for local charities, or investing in entrepreneurs in the developing world, you'll be giving back to society. It's that drive to do the right thing that runs through our every move, grounded in our firm's values - purposefully driven, actively curious and candid but kind. We're looking for people who want to contribute, spark fresh ideas and go beyond expectations. People who want to be able to proudly do what's right, for the firm, our clients, our people and themselves.
Alternative Funds Tax - Associate Director employer: Grant Thornton LLP
At Grant Thornton, we pride ourselves on being an exceptional employer that fosters a culture of inclusivity and collaboration. Our commitment to employee growth is evident through flexible working options, opportunities for professional development, and a supportive environment where your unique contributions are valued. With a focus on audit excellence and community impact, joining our Quality Audit team means being part of a purpose-driven organisation that empowers you to make a meaningful difference in both your career and the wider society.
StudySmarter Expert Advice🤫
We think this is how you could land Alternative Funds Tax - Associate Director
✨Join Tax Networks
Get involved in tax-focused networks or associations, like the Chartered Institute of Taxation. These communities often host events and workshops which can help you make connections with industry professionals, plus they might even have job boards exclusive to members.
✨Attend Industry Events
Keep an eye out for tax-related conferences and seminars. Events like these are not only great for learning but also for meeting potential employers face-to-face. Use these opportunities to ask questions and express your interest; it’s all about putting a face to the name!
✨Leverage Social Media
Follow leading tax advisory firms, such as Grant Thornton LLP, on social media. Engage with their posts – comment, share insights, or even ask questions. This can help you get noticed and show your enthusiasm for the industry before you even apply!
✨Showcase Your Knowledge
Consider writing articles or blogs on tax trends and issues. Sharing your expertise on platforms like LinkedIn can boost your visibility and establish you as someone who is serious about a career in tax advisory. Plus, it gives you something to discuss when you land that interview!
We think you need these skills to ace Alternative Funds Tax - Associate Director
Some tips for your application 🫡
Show Off Your Tax Knowledge:Make sure your CV highlights any relevant tax qualifications, certifications, or coursework you've completed. We want to see that you understand tax laws, regulations, and compliance issues—so detail your academic background or any practical experience in tax advisory to catch Grant Thornton LLP's eye!
Quantify Your Achievements:In the tax consultancy field, showing measurable outcomes from your previous work can set you apart. Use your CV to include specific examples of how your advice helped clients save money or avoid penalties. Numbers speak volumes in our industry and can really highlight your impact.
Tailor Your Cover Letter:Your cover letter is your chance to express why you're passionate about tax consultancy and why you're excited about working at Grant Thornton LLP. Share any personal experiences or insights that fuel your interest in the tax advisory field—let your enthusiasm shine through!
Keep It Professional but Approachable:While your written application should maintain a professional tone, don’t be afraid to let a bit of your personality show. Tax advisory is about building relationships, so if you can convey your approachable nature in your writing, that's a bonus when applying for this full-time role at Grant Thornton LLP!
How to prepare for a job interview at Grant Thornton LLP
✨Know Your Tax Fundamentals
Brush up on the core principles of tax law, especially recent updates that might affect clients. During the interview, we could face scenario-based questions where we'll need to apply these principles to solve problems, so get comfy with hypothetical situations!
✨Show Your Analytical Skills
Tax advisory isn't just about knowing the rules; it’s about interpreting them. Make sure to prepare examples from your previous studies or experiences where you successfully analysed complex data. We want to demonstrate how we can bring those analytical skills to the table for Grant Thornton LLP.
✨Understand the Consulting Aspect
Since this is a full-time role, the interview might involve discussing how we communicate tax strategies to clients. Think about times we've interacted with clients or presented technical information in a digestible way. This shows we’re not just tax boffins but can also connect with people!
✨Your Long-Term Vision
As we're aiming for a full-time position, it's important to convey our enthusiasm and long-term interest in tax advisory. Be prepared to chat about why we’re passionate about this field and how we see ourselves growing within Grant Thornton LLP. It helps to show our commitment!