At a Glance
- Tasks: Manage tax matters for a dynamic investment banking partnership and ensure compliance.
- Company: Independent investment banking advisory firm with a focus on growth.
- Benefits: Hybrid working, competitive salary, and opportunities for professional development.
- Other info: 12-month contract with potential for future projects and career advancement.
- Why this job: Join a leading firm and make an impact in partnership tax management.
- Qualifications: Qualified ACA/ACCA/CTA with 5+ years in partnership tax and strong technical skills.
The predicted salary is between 60000 - 80000 £ per year.
This independent investment banking advisory firm is looking to appoint a Partnership Tax Manager on a 12 month contract basis. The Partnership Tax Manager will be responsible for the tax matters related to the UK regulated partnership, a mixed member partnership with circa 60 individual members and three corporate members. The position will report into the Head of Tax based in their Mayfair offices (on a hybrid basis).
Main Responsibilities
- Manage member current and capital accounts, including annual true up of tax reserves
- Admission of new members, including reviewing contracts, HMRC registration, calculation of drawings
- Resignation of members; preparation of final tax reserve statement
- Preparation of individual members’ annual tax return packs
- Self-assessment payment on account for all individual members
- Preparation and distribution of annual RSU statements
- Annual filing of employee related securities (fka Form 42)
- Cash-flow reporting for the partnership
- Preparation and management of Salaried Member Review testing
- Basis Period Reform
- Liaising with HMRC on tax compliance matters
- Process renovation to position the tax team to support future growth of the business
- Other duties
- Tax review and sign off to comply with CCO and DAC 6 regulations
- Participation on global and local tax projects, as necessary
Qualifications
The ideal candidate will be a qualified ACA/ACCA/CTA with at least 5 years experience working in partnership tax and strong technical knowledge in this area. They will need to be adept at managing the day to day compliance requirements of the business, whilst simultaneously looking at bigger picture project and advisory work.
Contract details
This is a 12 month contract with an ASAP start. The role is based in Mayfair with hybrid working.
Job specifics
- Seniority level: Mid-Senior level
- Employment type: Contract
- Job function: Accounting/Auditing
- Industries: Investment Banking and Financial Services
Partnership Tax Manager, Investment Banking, 12 month contract employer: Morgan McKinley
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Partnership Tax Manager, Investment Banking, 12 month contract
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment banking sector, especially those who know about partnership tax. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss the nuances of managing member accounts and liaising with HMRC confidently. We want you to shine when it comes to those tricky questions!
✨Tip Number 3
Don’t just apply anywhere; focus on firms that align with your career goals. Check out our website for tailored opportunities in partnership tax. We’ve got your back in finding the right fit!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. It shows your enthusiasm for the role and gives you a chance to reiterate why you’re the perfect fit for the Partnership Tax Manager position.
We think you need these skills to ace Partnership Tax Manager, Investment Banking, 12 month contract
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Partnership Tax Manager role. Highlight your experience in partnership tax and any relevant qualifications like ACA/ACCA/CTA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to managing member accounts and liaising with HMRC, as these are key responsibilities.
Showcase Your Technical Knowledge: We’re looking for someone with strong technical knowledge in partnership tax. In your application, don’t shy away from mentioning any projects or advisory work you've done that demonstrates your expertise in this area.
Apply Through Our Website: To make sure your application gets to us, apply through our website. It’s the best way to ensure we see your CV and cover letter right away. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Morgan McKinley
✨Know Your Tax Stuff
Make sure you brush up on your partnership tax knowledge, especially around UK regulations. Be ready to discuss specific scenarios you've handled in the past, like managing member accounts or liaising with HMRC.
✨Showcase Your Experience
Highlight your experience with compliance and advisory work. Prepare examples that demonstrate how you've managed day-to-day tax requirements while also contributing to larger projects. This will show you're not just about the numbers but also about strategic thinking.
✨Understand the Firm's Culture
Research the investment banking firm and its culture. Knowing their values and how they operate can help you tailor your responses and show that you're a good fit for their team, especially in a hybrid working environment.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This could be about their approach to tax compliance or how they envision the tax team evolving. It shows you're genuinely interested and engaged in the role.