Tax Financial Services - Graduate Trainee

targetjobs Hired; London; Hybrid; GBP 25,000 - 45,000; Full time

Job summary

An established industry player is seeking a Financial Services Tax Trainee to join their dynamic team. This role offers a unique opportunity to assist in providing corporate tax compliance and advisory services to a diverse portfolio of clients, including banks and insurance companies. You'll gain invaluable experience in tax legislation and compliance, while working in a supportive environment that encourages professional development. With a commitment to excellence and a focus on client satisfaction, this position promises a rewarding career path with fully funded professional qualifications. Embrace the chance to grow your skills and make a meaningful impact in the financial services sector.

Benefits

Fully funded professional qualification

Annual Leave

Charitable Giving

Dental Insurance

Wellbeing Benefits

Virtual GP

Cycle to Work

Gym Discounts

Life Assurance

Pension

Qualifications

• On track or have obtained an undergraduate degree with strong academic performance.
• Ability to think critically and solve problems effectively.

Responsibilities

• Assist in corporate tax compliance and advisory services for financial services clients.
• Prepare corporation tax computations and returns while ensuring accuracy.

Skills

Critical Thinking

Problem Solving

Time Management

Communication

Curiosity

Education

Undergraduate Degree

Tools

Tax Software

Job description

Who are we?

In the UK we have over 3,300 employees across 14 locations, delivering an outstanding client experience. We are an engine for rapid and consistent career progression, offering career paths that help you pursue your interests, match your changing needs, and explore your true potential. We work with diverse, prestigious clients across a range of sectors and geographies, giving you the opportunity to constantly update and grow your skills for lifelong professional development.

Tax

We're dedicated to helping you build a rewarding career. We value your expertise, experience, and ambition, encouraging you to bring your ideas and creativity to our national tax team.

• Experts in the field: You will undertake qualifications to allow you to build the skills and knowledge to expertly navigate the UK tax landscape. Your team will support you in your journey to professional excellence; whether dealing with employment taxes, corporate profits, international transactions, or personal income.

• Client-focused solutions: Work with a diverse range of clients, from individuals to large multinationals, providing tailored tax advice. Our team works with other specialists across different service lines, advising on tax, regulations and accounting and how that impacts the risk and governance of our clients.

• Commitment to excellence: Join a team that prioritises quality and trust. Our high standards ensure that every piece of advice we provide supports clients to make the most appropriately informed decisions. We are experts in managing risk and providing the latest advice, keeping on top of regulatory changes and developments in society.

Department/team overview

The FSTax team focuses on a broad range of clients across financial services, including banks, insurance companies and asset managers (plus others), meeting their tax advisory and compliance needs in an environment of fast-paced economic change, combined with complex and changing legislation both in the UK and overseas.

About the role

The role of a Financial Services (FS) Tax Trainee is to assist in the provision of corporate tax compliance and advisory services as part of a specialist team to a portfolio of clients including banks, insurance companies and asset managers. They assist in the preparation of company's corporation tax computations and returns and to ensure that they show a true representation of the company's tax position and provide bespoke advice to clients on their tax affairs. You will also support our Audit of Tax engagements where we provide opinions on the accuracy of tax amounts and balances reported within financial statements for FS clients.

We operate a hybrid working model, so as a trainee you will split your time between working from home, visiting the office, client sites when required or studying for your professional exams.

During your first two years you will:

• Learn how to use tax software and systems in order to prepare a corporation tax computation and return.
• Develop a thorough understanding of financial statements and the nature of our clients' business in order to be able to prepare and/or review tax accounting disclosures to the best of your ability.
• Be able to obtain relevant information from other departments and clients whilst building good communication with both.
• Be able to help write reports and produce other client deliverables to assist the client in explaining issues, risks and solutions in easily understandable language that they can act on.
• Start to develop FS tax technical skills whilst working with a dedicated portfolio of FS clients.

By the end of your third year you will:

• Work on a range of different compliance and advisory engagements across UK FS tax covering a range of FS tax specific technical areas.
• Develop a strong technical knowledge of the UK tax legislation with particular focus on FS specific concepts.
• Coach and lead more junior team members on Audit of Tax FS engagements.
• Understand the way in which different corporate entities operate across FS.
• Work directly with our clients across your portfolio and begin developing relationships with those clients to deliver on repeat engagements.
• Begin to manage advisory engagements, including planning, budgeting and project managing different service lines where required.
• Develop a strong understanding of our control and risk management procedures.

You're joining us as a permanent employee, so the three years is only the beginning of your exceptional career journey.

Minimum Requirements:

• On track or have obtained an undergraduate degree. Strong academic performance is important; however, we understand that things don't always go to plan. Our recruitment process looks at your whole self – academic achievements as well as other experiences in which you have grown and developed.
• Deep curiosity to learn new things and is naturally inquisitive.
• The ability to think critically, solve problems and share knowledge with others.
• A commitment to self-development and learning.
• Strong sense of ownership of duties and high levels of responsibility to deliver on promises.
• Always looks to try their best in all they do and always looking for ways to improve.
• Enjoys meeting and engaging with new people with an underlying respect for individuals, diversity, and integrity.
• Works well under pressure and have a positive ‘can-do' attitude if faced with challenging situations.
• Excellent time management skills.
• A willingness to travel and adhere to our flexible working environment.

Fully funded professional qualification for this role: Association of Taxation Technicians (ATT) / Chartered Tax Adviser (CTA).

Additional qualification(s): Level 7 apprenticeship.

Annual Leave +

Charitable Giving

Dental Insurance

Wellbeing Benefits

Virtual GP

Cycle to Work

Gym Discounts

Life Assurance

Pension

Flexible Benefits +