Funds Tax Manager – Private Markets

Global Fund Manager is looking for a Funds Tax Manager to join their London private equity and infrastructure team. The role covers all fund activity including investment SPVs, Funds and Carried Interest Partnerships. This is an ideal opportunity for a funds tax specialist in practice seeking their first move into industry or an in house funds tax manager seeking a new challenge.

Responsibilities:

• Key role for the tax review of investments and divestments made by the Private Equity and Infrastructure funds, as well as in various strategic transactions (such as fund launches and secondaries), coordinating the help of external experts where required
• Point of contact for external tax advisors and support the compliance processes.
• Oversee an Assistant Manager in the co-ordination and management of the tax compliance processes including, but not limited to, partnership tax for funds and carried interest vehicles, corporate tax for investment SPVs, FATCA, CRS, and DAC 6 in key relevant jurisdictions including the UK, US, Guernsey, Jersey, Luxembourg ensuring that tax returns are reviewed, finalised, and filed in accordance with agreed processes and deadlines and ensuring tax payments are made in a timely manner.
• Build a strong day to day relationship with key tax suppliers of compliance and advisory work.
• Ensure an efficient working process such that outsourced tax compliance and advisory work is completed on budget.
• Collaborate with funds finance, external administrators and external tax advisors to keep the UK (or US) compliance calendar on plan.
• Perform a detailed second level review of tax compliance work prepared by external administrators and advisors to ensure we release a high quality and error free work product.
• Working closely with the Assistant Manager on all BAU operational tax matters and supporting their growth.
• Provide day to day oversight of the tax mailbox, responding to stakeholder queries from investors, other teams and suppliers. Ensure that all queries are responded to or escalated appropriately.
• Oversee various trackers, planners and manuals to assist with the Funds Tax Associate Director on oversight of budgets, workflows, and processes.
• Lead the completion of US withholding tax packages with tax advisors annually. Assist with withholding tax matters and reclaims including liaising with various stakeholders as necessary under the supervision of the Funds Tax Associate Director.
• Identify process efficiencies and work with the Funds Tax Associate Director and Funds Finance Associate Director to enhance these processes through the use of technology.
• Assist with HMRC, IRS, and any other tax authority correspondence to ensure positive working relationships.
• Keep abreast of all tax developments relevant to the business and working with stakeholders to effect necessary change.

Requirements:

• Currently working in a funds tax role either in house or in practice
• Professional accounting or tax qualification (i.e. ACCA, CTA, ICAEW or equivalent) with 3+ years PQE
• Experience and knowledge of UK private markets fund structures, including deals and transactions experience.
• International tax experience (especially US taxation) is preferred.
• Excellent IT skills – advanced user of Microsoft Office including Excel, Word, and PowerPoint

This role involved regular interaction with key stakeholder both external and internally including the Investments, Investor Relations and Finance team. It is therefore essential that you have strong interpersonal skills. The fund offers a hybrid flexible working environment with 3 days a week in the office and a realistic career progression path.