Fund Accounting Tax Group Manager

Citigroup Inc.; City of Edinburgh; Hybrid; GBP 80,000 - 90,000; Full time

Job summary

A global financial institution is looking for a Fund Accounting Tax Group Manager to oversee operations and ensure accurate tax rates. The role requires senior experience in fund accounting and taxation, aiming to enhance client service through strategic management. A competitive salary and comprehensive benefits are offered in a hybrid working model.

Benefits

Generous holiday allowance

Discretionary annual performance-related bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees

Access to learning resources

Qualifications

• Senior relevant experience required.
• Experience in financial services and fund accounting.
• Strong knowledge of taxation mechanisms for funds.

Responsibilities

• Manage Fund Accounting Tax Operations globally.
• Evaluate risk and ensure compliance to controls.
• Lead strategic planning with business units.

Skills

Fund Accounting

Taxation Mechanisms

Client Management

People Management

Project Management

Education

Chartered Accountant / CFA / MBA

Job description

Overview

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills and experience in Fund Accounting and Tax to Citi’s Fund Accounting Tax Team.

By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Role overview

The Fund Accounting Tax Group Manager is a senior management level position responsible for accomplishing results through the management of a team or department, driving a variety of tax related activities in coordination with the Operations - Fund Accounting Team and Custody Tax team. The overall objective of this role is to ensure the seamless delivery of activities associated with Net Asset Valuations (NAVs) by ensuring accurate tax rates are accrued (withholding taxes and capital gain taxes). Other accountabilities will include the oversight and calculation of taxation figures and reports for different target markets.

Responsibilities

• Manage Fund Accounting Tax Operations at global level, including people managers as well as partner across department and business to develop and enhance cost effective solutions that meet client expectations and needs
• Assess new business viability against existing business capabilities and make appropriate recommendations for the appropriate processes to be implemented, in partnership with Product and Tech colleagues
• Assist and encourage employee career progression through defined career paths, management processes, appropriate training, and Professional Development Plans (PDPs)
• Evaluate risk and controls, including operational impact of changes in legislation, and ensure compliance to established controls
• Lead strategic planning process with business units and prioritize business development requirements to completion
• Monitor Profit and Loss (P&L), expense management, budget, and planning
• Monitor, set, and achieve established department goals during day-to-day operations as well as serve as point of escalation for complex issues and manage resolution of issues and new business requests
• Direct and participate in department and industry initiatives as well as support corporate governance and ethics
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications

• Senior relevant experience
• Chartered Accountant / CFA / MBA an advantage
• Experience within financial markets and fund accounting
• Strong knowledge of taxation mechanisms for funds, proximity and connectivity with tax specialists an advantage
• Experience in financial services, client management, project management, strategic management, operational management, and resource and expense management
• Experience with people management and working with multiple stakeholders
• Advanced knowledge of accounting concepts, financial services, and global financial markets
• Ability to manage client relationships
• Demonstrated talent assessment as well as the ability to manage client relationships

We offer

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi Edinburgh, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretionary annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

Job Family Group: Operations - Transaction Services

Job Family: Fund Accounting

Time Type: Full time

Most Relevant Skills: Please see the requirements listed above.

Other Relevant Skills: For complementary skills, please see above and/or contact the recruiter.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.