Fund Accounting Manager, Taxation
BNY Mellon
Manchester, Greater Manchester, United Kingdom, United Kingdom
2h ago


The team isresponsible for providing Fund Accounting taxation services to clients inrespect of various vehicles including collective investment schemes.

Theprimary services provided are : -

Income tax

Pricing andaccounts taxation reviews

The teamconsists of 2-4 tax accountants and manages taxation deliverables for UK FundAccounting clients in relation to OEIC, Unit Trust, Investment Trust, Life fundand equivalent investment entities.

Job Purpose :

Thejobholder is responsible for the management of a tax team and delivery ofdesignated taxation and associated Fund Accounting services for clients'investment vehicles, including collective investment schemes.

Responsibilities :

Manage ateam ensuring appropriate staffing with skills in place, to deliver requiredTaxation services to clients. Plan and organise tax accountant activitiesholding regular team and One to One meetings.

Monitor teamperformance, conducting appraisals and managing required recruitment. Ensureappropriate training and development in place for individuals

Plan,organise and monitor the delivery of taxation fund servicing for allocatedclients / entities, ensuring timely and accurate delivery to regulatorydeadlines, agreed timetables and SLA standards and compliance with appropriatetaxation / accounting regulations / standards and internal procedures

Review / approve (and produce where appropriate) applicable tax deliverables allocatedto team. Primary services will include returns, provisions, checks anddisclosures in relation to corporation tax, income tax and VAT.

Ensureeffective and cooperative liaison with external and internal parties relevantto team deliverables (includes HMRC, clients, auditors, trustees, central taxgroup, offshore tax and operations teams).

In conjunction with Head of Tax,develop key relationships as appropriate

Maintain owndetailed understanding of taxation regulations, industry standards, bestpractice and client requirements. In conjunction with Head of Tax provideanalysis, communication and training to direct team and wider Fund Accountinggroups as required

Providemanagement, support and input to Fund Accounting projects and client / fundchanges as required

Whereappropriate or required deputise for The Head of UK Taxation Services.

Key deliverables :

Responsible for the tax compliance of ourclients' authorised investment funds (AIFs Authorised Unit Trusts, OpenEnded Investment Companies and Investment Trusts)

Preparation of the corporation taxcomputations for AIFs (Alphatax software)

Calculation and instruction of quarterly CTSApayments

Review / submit VAT returns and ensure anychanges to the business or HMRC legislation has been included in the process

Ensure the timely submission of returns,payment of all taxes due,

Contribute to the preparation of the interimand year end financial statement by preparing the tax provisions, disclosuresand supporting documentation

Liaising with clients and / or tax advisers

Overseeing the application of tax methodologyin the pricing of AIFs

Review relevant quarterly balance sheetcontrol accounts to ensure they are accurate

Provide tax advice and technical support tothe wider Fund Accounting teams

Monitor changes in tax legislation andreporting requirements considering impact on function

Documenting policies and procedures andidentifying areas for improvement

Assist in the preparation of technical papersfor product development and business change

RoleReporting Hierarchy :

The rolereports to the Head of Taxation services for UK Fund Accounting

There are2-4 direct tax accountant reports into this role


Personspecification :

Job SpecificCompetencies

Adaptable, flexibleand proactive

Good communicationand interpersonal skills - able to effectively interact with different levels

Decision making andaccountability

Deadline driven andability to work under pressure

Client orientatedand results focused

Managing anddeveloping staff

Planning andorganisation

Manages risk Attention to detail Problem solving

Ability toestablish and develop effective relationships

Prepare and Present Informationto Investors

Supervise InvestmentAdministration Systems &Processes

Co-ordinate the Work Activitiesof others for the Achievement of Organisational Objectives

Maintain Own ProfessionalDevelopment

Comply with the Requirements ofthe Regulatory Regime

TechnicalSkills, Knowledge, Systems Knowledge (and associated skill level)

Experience of managingprofessional staff

Technical UKtaxation knowledge and experience covering collective investment schemerequirements

Knowledge of thesecurities industry with experience in an FSA regulated business

Accountingknowledge covering relevant accounting standards and regulations including UKGAAP and IMA SORP

Excellent computerskills, in particular Excel.

Academic / ProfessionalQualifications (or equivalent qualifiers)

Graduate calibrewith a professional accounting / taxation qualification

BNY Mellon is an Equal Employment Opportunity Employer.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work.

We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location : United Kingdom-Greater Manchester-Manchester

Job : Operations

Internal Jobcode : 70588

Organization : Accounting Services-HR16344

Requisition Number : 2100141

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