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