Tax Reporting and Compliance Senior Associate - Edinburgh

Columbia Threadneedle; City of Edinburgh; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

A financial services firm based in Edinburgh is seeking a Tax Reporting Analyst to support UK and international tax compliance and reporting. The ideal candidate will have strong experience in corporation tax compliance, excellent Excel skills, and the ability to manage multiple priorities. This role requires working 4 days a week in the Edinburgh office with 1 day from home. It offers an opportunity to engage in diverse tax projects and enhance professional skills.

Qualifications

• Proven experience in corporation tax compliance within multinational corporate groups.
• Drive positive change and manage tax risk effectively.
• Ability to handle competing priorities and meet deadlines.

Responsibilities

• Assist in drafting tax provisions for UK statutory accounts.
• Calculate EMEA and APAC tax provisions and reconcile accounts.
• Support preparation of UK tax computations and returns.
• Manage relationships with internal and external tax service providers.

Skills

Corporation tax compliance/provisioning/audit experience

Excellent Excel skills

Situational adaptability

Initiative

Making complex decisions

Education

Professional tax or accounting qualification

Tools

Workday

OneSource

Longview

Job description

Where you’ll fit in & what our team goals are…

The Corporate Taxation team is based in the UK, as part of Columbia Threadneedle Investments (CTI) and is responsible for Corporation Tax, VAT and Tax Reporting across EMEA and APAC. CTI is owned by Ameriprise Financial Inc (‘Ameriprise’) and the Corporate Taxation team reports into and works closely with the Ameriprise tax team which report to the Ameriprise Chief Financial Officer. As part of the overarching risk management framework, the Corporate Taxation team works closely with the business and is informed and consulted on business changes, in order to proactively identify tax risks and to ensure that the level of risk is well understood and within acceptable parameters. Columbia Threadneedle Investments EMEA/APAC region comprises a significant London and Luxembourg presence, with an expanding presence globally. In this role you will provide assistance in providing an efficient and robust tax reporting and compliance environment both in EMEA and APAC and to the US parent, as well as liaison with auditors. Your role is part of a 11-person tax team primarily based in Edinburgh but will have regular interaction with London & Swindon colleagues and therefore there may be ad hoc travel to London/Swindon expected on occasions. Ideally you will have previous experience working within the Asset Management industry and have an understanding of UK tax reporting and compliance. You will have an opportunity to be involved in various tax projects and gain greater exposure to wider international tax issues. This role reports directly into the Head of Tax Reporting – EMEA/APAC with a dotted line to the Head of UK Tax Compliance.

This role has three key areas of focus –

• Supporting the Head of Tax Reporting – EMEA/APAC
  • Quarterly Group Tax provisioning for EMEA and APAC
  • Year end individual entity Tax Provisioning for EMEA and APAC
  • Monthly tax reconciliations for EMEA and APAC
• Supporting the Head of UK Tax Compliance in preparation of UK Tax computations and returns and payments to be made
• Support the Senior International Tax Manager on EMEA/APAC related tax compliance and payment related matters

How you'll spend your time...

• Assisting with drafting of tax provisions for UK statutory accounts including draft tax computations, tax notes disclosures, group relief estimates and tax reconciliation.
• Assisting with calculation of EMEA and APAC quarterly tax provision and reconciliation of tax accounts monthly.
• Assisting with external auditor requests and inquiries.
• Ensuring that information is obtained, and UK computations and returns are finalised for submission to HM Revenue & Customs prior to the filing deadline.
• Assist with training and development of the Senior Corporate Tax Associate team member based at Ameriprise India.
• Management of relationships and workflow with both internal and external tax service providers.
• Calculating the quarterly instalment payments for the UK group payment arrangement.
• Working closely with Finance team to ensure relevant information for purpose of overseas tax computations is provided.
• Tracking of external tax advisor fees.
• Support the maintenance of EMEA and APAC risk and controls procedures.
• Support Head of UK Tax Compliance and Head of Tax Reporting EMEA/APAC in monitoring of relevant developments in UK and international tax legislation, case law and Accounting Standards that may impact the accounting and/or corporation tax position of UK entities.
• Assisting in ad hoc tax queries as they arise in the business.

To be successful in this role you will have...

• Proven experience in corporation tax compliance/provisioning/audit experience, in industry or in practice, with experience of multinational corporate groups strongly preferred.
• Taking initiative - drive positive change and be proactive in managing tax risk
• Situational adaptability - management of competing priorities within team to ensure deadlines met
• Making complex decisions - applying tax technical knowledge to accounting and other source data to minimise tax risk in BAU & ad hoc projects
• Excellent Excel skills are necessary.

If you also had this, it would be great…

• Experience of financial / asset management industry preferred
• Professional tax or accounting qualification, or part qualified and working towards relevant qualification (e.g. CIOT, ICAS, ICAEW)
• Use of Workday, OneSource, and Longview systems if possible, though training will be provided if not.

This role will require you to work 4 days per week from the Edinburgh office, with 1 day per week working from home.