At a Glance
- Tasks: Prepare US and UK tax returns while gaining hands-on experience in tax compliance.
- Company: Join a passionate team of financial experts dedicated to client success.
- Benefits: Fully funded ATT qualification, training support, and career development opportunities.
- Other info: Dynamic work environment with a focus on learning and growth.
- Why this job: Kickstart your career in finance with real-world experience and expert guidance.
- Qualifications: 5 GCSEs including Maths and English; 2 A Levels preferred.
The predicted salary is between 18000 - 25000 £ per year.
About Us
We are a close-knit team of experts passionate about providing top-notch financial services. Our collective knowledge and experience span both UK and US taxation and we guide our clients through the complexities of both systems.
The role
We are looking for an apprentice to join our US team (3/4) and UK team (1/4). Your duties will expose you to all aspects of US and UK tax compliance. We will provide you with all necessary training and support alongside your classroom studies while you learn how to perform your duties. Initially you will study for an ATT qualification (fully funded by Phinch). On successful completion of this qualification you will be supported in further studies.
Key Responsibilities
- Preparing US tax returns for manager review.
- Reviewing data provided by the client and converting currencies to USD as required.
- Submission of tax returns and FBARS to the IRS/Treasury Department.
- Preparing UK tax returns for manager review.
- Apportioning income to ensure it is allocated to the correct tax year.
- Support to the admin function of the office including answering the telephone at busy times.
Skills
- Hard working with a desire to learn.
- Interest in tax.
- Accuracy and attention to detail.
- Confidentiality.
- IT proficiency (experience of MS Excel and Word desirable).
Education
- 5 GCSEs including Maths and English.
- 2 A Levels or equivalent preferred.
US & UK Tax Apprentice employer: Phinch
At Phinch, we pride ourselves on being an excellent employer, offering a supportive and collaborative work environment where apprentices can thrive. With fully funded training for the ATT qualification and opportunities for further studies, we are committed to your professional growth in the dynamic field of US and UK taxation. Our close-knit team fosters a culture of learning and development, making this an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land US & UK Tax Apprentice
✨Join the Tax Community
Get involved in online forums and local meetups dedicated to tax advisory and consulting. Check out platforms like LinkedIn where you can find groups specific to tax professionals. Engaging with this community can help you learn about openings, and who knows, you might even meet someone from Phinch!
✨Utilise University Careers Services
If you’re in uni, take advantage of your careers service! They often have exclusive apprenticeship opportunities and workshops with companies like Phinch. You can also get insights about what skills are in demand right now.
✨Attend Industry Events
Keep an eye out for tax-related seminars, workshops, or networking events. These events are fantastic for making connections and learning directly from tax professionals. Plus, they can be a great way to get your foot in the door at firms like Phinch.
✨Show Your Interest in Tax
When applying for your apprenticeship, make sure to highlight any relevant coursework or experiences that show your passion for tax advisory. Mention any projects, volunteer work, or internships in your application that would impress Phinch. Authenticity goes a long way!
We think you need these skills to ace US & UK Tax Apprentice
Some tips for your application 🫡
Show Off Your Interest in Tax!:When you’re whipping up your CV or cover letter, make sure to sprinkle in some references to your enthusiasm for tax advisory and consultancy. Whether it's a relevant course you’ve taken, a project you’ve been involved in, or even a personal interest in taxation laws, let that passion shine through – it’s key for an apprenticeship role!
Highlight Your Analytical Skills:In the tax-advisory field, we need sharp analytical minds. Be sure to mention any experience you have with data analysis, problem-solving, or even basic accounting principles. If you've tackled any challenging coursework in maths or economics, shout it out on your application – it's pure gold!
Relevant Certifications Matter:Although you may not have extensive experience yet, any certifications or courses related to tax, finance, or business can make your application pop. If you’ve done any workshops, online courses, or even school projects related to taxation, mention those. It shows you're serious about your future in this field!
Tailor Your Application with Care:Each application is a fresh opportunity to showcase why you’re the right fit for Phinch as a US & UK Tax Apprentice! Use specific examples from your academic journey that relate to the role and keep in mind what skills we value. And hey, don’t forget to apply through our website – it’s the best way to get your foot in the door!
How to prepare for a job interview at Phinch
✨Brush Up on Tax Legislation
Since you’re aiming for a role in tax advisory consulting, it’s crucial to have a solid grasp of current tax laws and regulations. Brush up on key principles like the differences between direct and indirect tax and the latest tax reforms - this could come up in your interview!
✨Know Your Figures
Expect some numerical questions or case studies during the interview, as analytical skills are vital in taxation. Practise basic calculations and understand how to interpret financial statements, as you might be asked to analyse a scenario and suggest tax-saving strategies based on your findings.
✨Show Your Passion for Learning
As an apprentice, your motivation and eagerness to learn are just as important as your current knowledge. Be prepared to discuss why you’re interested in tax consulting and how you plan to develop your skills further - this could really set you apart!
✨Prepare to Talk About Tools and Technologies
Familiarise yourself with common tools used in tax advisory roles, such as accounting software or tax preparation platforms. Even if you haven’t used them yet, showing that you're willing to learn and adapt to these technologies will impress the interviewers at Phinch.
