At a Glance
- Tasks: Support the Tax and Estate Planning team with Trust administration and client communication.
- Company: Dynamic firm in Manchester City Centre with a focus on teamwork.
- Benefits: Excellent benefits, professional development, and potential for STEP qualification.
- Other info: Collaborative environment with opportunities for growth and learning.
- Why this job: Gain valuable experience in Trust administration while making a real impact.
- Qualifications: Attention to detail and willingness to learn; experience is a plus but not essential.
The predicted salary is between 24300 - 29700 £ per year.
HOURS OF WORK: 9 am – 5. 30 pm Monday to Friday
BENEFITS: Excellent Benefits
Main Purpose of the role
- Reporting to the Tax and Estate Planning Partners
- Providing administrative support to the Tax and Estate Planning department
JOB DESCRIPTION
- Will report to two Partners
- Review existing records and maintain a record of Trusts where the client is appointed as a professional Trustee to help ensure that they are meeting their obligations as Trustees, keeping on top of key dates and offering excellent service to our Trust clients.
- Obtaining instructions from clients to offer ongoing Trust administration services as professional trustees.
- Acting on key dates by advising relevant fee-earners and contacting clients where necessary.
- Prepare and maintain accurate and up-to-date Trust Accounts, to include details of Trust assets and income & summaries of key points and events relating to the Trusts.
- Maintain copies of Trust documentation in an organised and easily accessible manner.
- Schedule annual review meetings with the Trustees, financial advisers and other relevant parties.
- Prepare file notes and resolutions of important Trustee decisions.
- Prepare reports to Trustees/clients to include annual Accounts and any recommendations or relevant changes to legislation.
- Ensuring that Trust assets are registered to the correct Trustees.
- Ensuring that other ongoing requirements are met, e. g. payment of regular policy premiums or insurance cover is in place
- Working closely with the Tax and Trusts Compliance Adviser to ensure that compliance and tax matters are dealt with as required, including:
- Registration and updates with the Trusts Registration Service (TRS)
- Registration and any filing of returns under the Automatic Exchange of Information (AEOI) – including FATCA / CRS returns
- Applying for Legal Entity Identifier (LEI) numbers where relevant
- Submission and filing of Trust tax returns, such as self-assessment tax returns (SA900), 60-day CGT Returns and inheritance tax returns (IHT100) and co-ordinating tax payments or liaising with accountants / relevant parties to ensure requirements are dealt with, including checking of returns to ensure they correspond with our records
- Ensuring any additional requirements for specialist Trusts are dealt with, such as Vulnerable Person's Elections or any Charity Commission requirements
PERSON SPECIFICATION
- Willing to work as part of a team and communicate with clients, intermediaries and other fee-earners and partners in the team
- Experience is not essential – it is desired
- Good attention to detail
- Ability to understand the significance of key dates, such as tax deadlines, and to act quickly to deal with the required actions
- Can take initiative and make suggestions on next steps based on information available
- Can produce legal documents and use Word, Excel and Teams to produce documents and maintain records
- Willingness to attend courses (if not already) on Trust Accounting and Taxation of Trusts (e. g. STEP, MBL) and opportunity to work towards STEP qualification if appropriate
Maze Recruitment will never share your CV with any third party without your explicit consent.
As part of our candidate care commitment, and due to the high volume of applications we receive, we aim to respond within 24– 48hours.
If you do not hear from us in this timeframe, please consider your application unsuccessful on this occasion.
We encourage you to apply for future opportunities that align with your skills and interests.
TRUST ADMINISTRATOR in Manchester employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land TRUST ADMINISTRATOR in Manchester
✨Tap into Campus Networks
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We think you need these skills to ace TRUST ADMINISTRATOR in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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How to prepare for a job interview at Jobiqo
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Jobiqo.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Jobiqo employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
