At a Glance
- Tasks: Support non-US tax filings and manage partner tax records with precision.
- Company: Join a leading firm with a global reach and diverse team.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Collaborative culture with opportunities to work on exciting tax projects.
- Why this job: Make an impact in international tax while developing your skills in a dynamic environment.
- Qualifications: Experience in US tax compliance or a desire to learn; accounting knowledge is a plus.
The predicted salary is between 55000 - 70000 £ per year.
Responsibilities
- Preparation of information and schedules required to support non-US resident corporate, partnership and individual partner tax filings in the USA, including:
- Partner profit share ratios
- Partner remuneration calculations
- Ledger analysis of tax payments
- Cash flow and tax distribution reconciliations
- Other information, calculation or analysis as required
- Maintenance and reconciliation of tax records and ledgers, including but not limited to:
- Reconciliation of the USA federal and state income tax liabilities and payments
- Assisting the Partner Finance team with the reconciliation of various balance sheet accounts for partners (worldwide tax payments including withholding tax and tax reserves)
- Assisting the Tax Processes & Controls team with regular reconciliation of partners' current and historic tax reserves, including the preparation of journals and data analysis
- Prepare, review and timely filing of all partner and partnership tax returns, K-1s, and other US tax computations and returns for non-US resident entities and partners
- Ongoing oversight, monitoring and reconciliation of US tax reserves for non-US partners and non-US tax reserves for partners in the US, taking account of US profit fluctuations throughout the year
- Analyse and calculate quarterly US tax prepayments due on behalf of non-US partners including assisting with the preparation of US state tax and PTET analysis
- Overseeing the various administrative US tax processes, such as ITIN applications, information requests to partners, collating signatures for various IRS forms, etc.
- Coordinating the firm's tax compliance and preparation of information and schedules required to support the firm's global tax filings and partners' tax returns, including:
- Working with other members of the International Tax team to maintain an accurate and up to date global partner population listing and profit allocation
- Preparation of DTR claims for UK resident partners in respect of tax liabilities in the US (and other jurisdictions as necessary)
- Provision of other information as required by the UK tax team for preparation of the UK partnership and partner returns
- Provision of all necessary information, including responses received in respect of the Global Tax Compliance Questionnaire where applicable, in good time to local finance teams or tax return preparers in order to ensure all compliance deadlines are met
- Liaising with other law firms to ensure tax filings are coordinated for new and retiring partners
- Other information, calculation or analysis as required
- Assisting with other tax responsibilities of the International Tax team, such as transfer pricing and withholding tax management
- Payment of 3rd party tax adviser invoices and assisting with tracking spend against budget
- Assisting the International Tax Manager, US and International Tax Manager and Head of International Tax on other tax projects that arise from time to time
- Ensuring that any other tax compliance work required is produced to the highest of standards
Key Performance Indicators
- Proactive, timely and clear communication of information to relevant stakeholders
- Effective identification and management of compliance obligations and deadlines
- Maintenance of accurate and clear data and reconciliations
Qualifications, skills and experience
- Previous experience with managing US federal and state tax compliance obligations either for individuals and/or partnerships
- Part qualified (ACCA/CIMA/AAT/CTA/ATT/CPA) or desire to study; will consider those with more or less experience, providing they meet the required competencies and can demonstrate successfully undertaking the above outlined responsibilities
- Comprehension of basic accounting and journal entries
- Professional partnership experience is desirable
- Personal or corporate tax experience would be an advantage but is not essential
International Tax Adviser (USA) in London employer: Herbert Smith Freehills Kramer
As an International Tax Adviser in the USA, you will join a dynamic team that values collaboration and professional growth. Our company offers a supportive work culture with a strong emphasis on employee development, providing opportunities for continuous learning and advancement in the field of international tax. Located in a vibrant city, we also offer competitive benefits and a flexible work environment, making us an excellent employer for those seeking meaningful and rewarding careers.
Contact Details:
Herbert Smith Freehills Kramer Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land International Tax Adviser (USA) in London
✨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.
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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!
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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 International Tax Adviser (USA) in London
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 Herbert Smith Freehills Kramer's eye!
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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 Herbert Smith Freehills Kramer!
How to prepare for a job interview at Herbert Smith Freehills Kramer
✨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 Herbert Smith Freehills Kramer.
✨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 Herbert Smith Freehills Kramer. It helps to show our commitment!
