Trusts Director - Law Firm

Howells Consulting Ltd; London; Hybrid; GBP 100,000 - 150,000; Full time

Job summary

A leading Private Client law firm in London is seeking a Trusts Director to join their team. The role involves managing annual trust accounts, overseeing tax reporting, and advising trustees. Candidates should be STEP qualified and possess a strong understanding of trust taxation. The position offers a salary of £100k-£150k with hybrid working options.

Qualifications

• STEP qualified and holds a tax and/or accounting qualification.
• Excellent communication and relationship management skills.
• Deep understanding of the taxation of trusts.

Responsibilities

• Managing the annual trust accounts and tax return compliance cycle.
• Overseeing CGT, IHT and income tax reporting and ad hoc planning.
• Advising offshore trustees with UK resident beneficiaries.
• Offering written advice to trustees regarding the financials of trusts under management.
• Overseeing preparation of IHT returns.
• Participating in trustee meetings with investment managers.
• Serving as the primary point of contact for trustees and clients.
• Managing registrations under the trust registration service.

Job description

We are working closely with a leading Private Client law firm, who are keen to appoint a Director level adviser to their Trusts & Tax team.

The incoming individual may already be a Director seeking a new challenge in a thriving, growing team. Alternatively, they could be a talented Senior Trust Manager looking to step up to Director grade. Either way, they are likely to be STEP qualified and hold a tax and/or accounting qualification.

The role will involve working alongside a fellow Trust Director, as well as liaising closely with some or the private client profession's leading Partners. Key duties will include:

- Managing the annual trust accounts and tax return compliance cycle

- Overseeing CGT, IHT and income tax reporting and ad hoc planning.

- Advising offshore trustees with UK resident beneficiaries.

- Offering written advice to trustees regarding the financial, tax, and trust law status of trusts under management.

- Overseeing the preparation of IHT returns for 10-year and exit charges.

- Participating in regular trustees meetings, alongside investment managers and other third-party professionals.

- Serving as the primary point of contact for trustees, beneficiaries, clients, and intermediaries.

- Overseeing trust administration, including payments to beneficiaries, coordination with investment managers, investment monitoring, and trustee act policy statements.

- Managing registrations under the trust registration service and AEOI reporting.

The incoming Trusts Director will have a willingness to take on a varied workload encompassing all elements of the work undertaken by the team. Excellent communication and relationship management skills are essential, in addition to a deep understanding of the taxation of trusts.

This is a super opportunity to perform a high profile role, within one of London's leading Private Client law firms.

Salary will be dependent on experience but is likely to be £100k-£150k + bens. Hybrid working is also on offer.

To find out more please email [e-mail] quoting Ref 707

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