Associate Director - Tax

Praxis Group; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A financial services company in London seeks a Tax Manager to oversee tax reporting and compliance, manage audits, and lead the tax team. Candidates should have a degree, a CTA qualification, and significant experience in tax compliance, along with strong leadership and analytical skills. This position offers the chance to work in a collaborative, inclusive environment.

Qualifications

• 8-10 years of progressive experience in tax compliance.
• Experience in a leadership role is essential.
• Deep knowledge of UK company and trust tax.

Responsibilities

• Oversee the organization’s clients tax reporting requirements.
• Manage tax audits and inquires with tax authorities.
• Lead and develop the tax team to ensure high performance.

Skills

Communication skills

Leadership skills

Analytical skills

Problem-solving skills

Attention to detail

Education

Degree in relevant field or equivalent experience

CTA qualification

Job description

Praxis is an independent, leading provider of bespoke private wealth, corporate administration and yacht services to companies, individuals and families across the world.

Our expertise and experience is driven by recruiting and retaining the brightest and best and creating a culture that allows people to thrive. Our independence encourages an open culture where every voice is valued. We care about creating an environment that hears, supports and shares openly with all our people.

Teamwork and collaboration are at the heart of our approach, and we nurture an environment of openness and respect where everyone feels valued.

Be heard. Be part of the Praxis Group.

Our central services team provides centralised support to the Group. A career with us provides the chance to work with colleagues across our global network, delivering support across technology & business systems, marketing & communications, finance & accounting, compliance & risk, HR, facilities and administration

Job summary:

This role is responsible for the output of the tax function. The individual will oversee the organisation’s clients tax reporting requirements, ensuring compliance with all relevant tax laws and regulations. This role involves managing tax compliance in numerous jurisdictions to ensure entities are compliant with all reporting required, reviewing tax advice, and supporting business operations by monitoring when tax advice and compliance are required. The role holder will work closely with senior management across multiple jurisdictions to develop and implement tax policies and procedures to ensure client entities are compliant with all tax requirements.

Job accountabilities:

• Setting goals for the function which align with the overall Group strategy to ensure the specialised support given to the business is at the highest quality.
• Working with Directors/Relations Partners across various jurisdictions to set fees and agree billing responsibilities, to ensure profitability of the Tax function.
• Provides a practical level of theoretical and technical tax expertise and procedures in order to successfully deliver the tax function and develop recommendations for change.
• Overseeing the preparation of filing UK, Guernsey, Jersey, IOM and BVI company annual tax returns,
• Overseeing the preparation of any other tax reporting requirements in those jurisdictions for both companies and trusts, including VAT and ATED.
• Overseeing the preparation of filing of the Groups tax returns in the UK and Crown Dependencies.
• Overseeing the preparation of offshore trust IHT returns and stockpiled gains and relevant income calculations.
• Audit and Risk Management: Manage tax audits and enquires with tax authorities where inhouse tax are the engaged agent, ensuring minimal financial and reputational risk.
• Leadership and Team Management: Lead and develop the tax team, providing guidance and support to ensure high performance.
• Training and development: Overseeing and providing tax training and support for the wider staff to ensure the organisation is aware of tax legislative changes
• Internal Collaboration: Work with other departments to provide tax-related support for business operations and transactions.
• Policy Development: Develop and implement internal tax policies and procedures.
• Continuous Improvement: Stay updated on tax legislation changes and best practices, recommending process improvements as necessary.

Minimum education and experience

• Educated to degree standard or equivalent experience..
• Professional qualification such as a CTA qualification.
• Requires deeper and more complex knowledge through having at least 8-10 years of progressive experience in tax compliance, including experience in a leadership role.
• Experience in UK company and trust tax is essential.

Required skills

• Ability to engage and communicate/present complex information concisely and to a non-technical audience and the ability to explain and defend own and/or team reports.
• Ability to set and promote the correct organisational culture and values and act as a figure head/business advocate for the path forward.
• Deep knowledge of policies, procedure, regulations and legislation in operational area, and up to date knowledge of external issues (legislative, regulatory, best practice standards, etc.) that affect client servicing area in order to be able to affect change in the business in line with the industry standards.
• Able to influence across jurisdictions for the benefit of the business.
• Excellent communication and leadership skills.
• Excellent quantitative, analytical, and problem-solving skills, along with the ability to apply those skills to resolve client requirements.
• Excellent planning and organisational skills along with the ability to tackle multiple workstreams while meeting tight deadlines.
• Proactive and self-motivated, with a desire to identify opportunities and take ownership for implementing improvements.
• High level of accuracy and attention to detail in preparing and reviewing tax documents.

Additional information

In addition, all our team members are expected to be committed to our core values:

• We inspire
• We listen
• We trust
• We succeed together

To apply

We encourage you to apply well in advance of the deadline and if you are successful, we will meet with you as soon as possible

Our commitment to diversity

We want you to bring your full self to work and maximise your potential. Praxis Group is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation, and socio-economic background.