Tax Accounting Manager

We are seeking an experienced Tax Accounting Manager to lead the preparation, review, and reconciliation of tax provisions across a group of companies reporting under FRS 102, IFRS, and US GAAP. This role requires deep technical expertise in current and deferred tax accounting, book‑tax differences, and cross‑GAAP alignment, with a strong preference for candidates with REIT experience. The role sits at the intersection of tax and financial reporting and will be responsible for ensuring accurate, compliant, and well‑documented tax accounting across multiple jurisdictions and reporting frameworks. This role is 100% office based in our Central London office.

Key Responsibilities

• Tax Provision (Current & Deferred)
  • Lead the monthly, quarterly and annual tax provision process under: IAS 12 (IFRS), ASC 740 (US GAAP), FRS 102 Section 29
  • Prepare and review current tax calculations (including uncertain tax positions where applicable)
  • Deferred tax calculations on temporary differences
  • Effective tax rate (ETR) reconciliations and analysis
  • Ensure consistency and accuracy across entities reporting under different GAAPs
• Deferred Tax & Temporary Differences
  • Maintain and review detailed deferred tax schedules, including identification and tracking of temporary differences
  • Recognition and measurement of deferred tax assets (DTAs) and liabilities (DTLs)
  • Assessment of recoverability of DTAs (e.g., valuation allowances under US GAAP vs recognition thresholds under IFRS/FRS 102)
  • Monitor and document changes in tax rates and legislation impacting deferred tax balances
  • Ensure proper treatment of investment properties (fair value vs cost differences), leases (IFRS 16 vs US GAAP ASC 842 vs FRS 102 Section 20), financing structures and intercompany balances
• Book‑Tax Differences
  • Identify, track, and reconcile permanent and temporary book‑tax differences across all reporting frameworks
  • Maintain detailed tax basis balance sheets and reconcile to financial reporting bases
  • Analyse key drivers of differences such as fair value adjustments (common in IFRS/REIT structures), revenue recognition differences, capital allowances vs depreciation, impairments and provisions
  • Provide clear documentation supporting tax positions and audit trails
• Multi‑GAAP Analysis & GAAP Differences
  • Act as the internal expert on differences between IFRS, US GAAP, and FRS 102 for tax accounting
  • Recognition and measurement of deferred taxes
  • Treatment of uncertain tax positions (ASC 740 vs IFRIC 23 vs FRS 102 approach)
  • Differences in recognition thresholds for DTAs
  • Impact of fair value accounting (particularly for real estate assets)
  • Prepare GAAP bridge analyses explaining differences in tax balances and ETR across reporting frameworks
  • Support group reporting with consolidation adjustments and alignment entries
• REIT‑Specific Tax Considerations (Preferred)
  • Apply knowledge of REIT tax regimes, including distribution requirements and their impact on taxable income, property income vs non‑qualifying income streams, deferred tax implications of property revaluations
  • Support structuring and compliance considerations for REIT entities
  • Liaise with advisors on REIT‑specific tax matters
• Controls, Compliance & Audit
  • Ensure robust internal controls over tax accounting processes
  • Own documentation for SOX or equivalent controls (if applicable)
  • Act as key contact for external auditors on tax accounting matters
  • Review tax disclosures in financial statements across all GAAPs
• Stakeholder Management
  • Partner with financial reporting teams, local finance teams across jurisdictions, external tax advisors
  • Provide technical guidance and training on tax accounting topics
  • Support tax planning initiatives with accounting impact analysis

Minimum Requirements

• Strong experience in tax accounting under at least two of the following: IFRS, US GAAP, FRS 102 is required.
• Deep knowledge of deferred tax accounting (IAS 12 / ASC 740 / FRS 102 Section 29), tax provisions and ETR analysis, book‑tax difference analysis.
• Experience preparing or reviewing multi‑entity, multi‑jurisdiction tax provisions is required.
• Proven ability to reconcile tax balances across different GAAP frameworks is required.
• REIT experience or real estate sector exposure strongly preferred.
• Experience with fair value accounting impacts on tax strongly preferred.
• Familiarity with cross‑border structures and intercompany tax issues strongly preferred.
• Experience with tax reporting tools (e.g., OneSource OTP) strongly preferred.
• ACA / ACCA / CTA / CPA (or equivalent) 5–8+ years of relevant experience (public accounting or in‑house tax function).

What We Offer

• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Pension Scheme + Profit Sharing Program
• Comprehensive and progressive Medical/Dental/Vision options
• Professional Growth
• And much more!

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet