Tax Manager - Wealth & Asset Management

Ernst & Young Advisory Services Sdn Bhd; London; On-site; GBP 50,000 - 90,000; Full time

Job description

Wealth and Asset Management Tax – Private Capital

Tax Manager

EY’s Financial Services (FS) Tax practice is the largest such practice in the UK with an exceptional reputation for sector expertise and close, trusted adviser relationships across a broad range of FS clients including global financial institutions and market-leading boutiques, new market entrants and disruptors.

The Opportunity

EY's Private Capital Team has a segment which focuses on advising the Wealth and Asset Management sector (with people based in both London, Manchester and Newcastle), and includes specialists who work across multiple alternative asset classes including hedge funds, private equity funds, credit funds and real estate. Our clients include market-leading UK-based businesses, US inbounds and well-established UK, European and global asset managers. There is an ambitious growth target across all alternative asset classes over the next few years, and as a result, there are a number of opportunities for exceptional candidates.

We also advise the principals of the above firms and provide both personal tax compliance and advisory work in relation to their affairs. Our international network results in our team undertaking a significant amount of cross-border tax advisory services and support with transactional matters for our clients.

To meet our ambitious growth plans in our FS Private Capital team, we are currently looking to recruit Tax Managers with tax advisory experience in asset management; including experience in international tax fund structuring and providing advice across various UK corporate tax issues.

Your key responsibilities

• Manage the successful delivery of technically complex and demanding tax advisory projects across a range of matters including fund tax, international tax, UK corporation tax, UK income tax, capital gains tax, and other tax matters relevant to the Wealth and Asset Management sector.
• Align to a portfolio of long-term accounts, building deep relationships and becoming their trusted advisor.
• Help people develop through effectively supervising, coaching and mentoring staff.
• Engage in the management of the team both in terms of strategy and operations and through managing staff development and assignments.
• Build and maintain relationships with clients.
• Proactively develop business to win new work.
• Interact with other EY offices both in the UK and overseas.
• Contact with HM Revenue & Customs and other third parties, including major financial institutions, lawyers and wealth advisory businesses.

Skills and Attributes for Success

• Demonstrated track record of providing tax advice to asset management clients and their funds, including on international tax matters.
• Familiarity with the alternative asset management and/or private assets industry, with hedge funds, private equity funds and credit funds being of particular interest.
• Experience across a range of fund tax matters, including fund formation, acquisitions and disposals of assets, reorganisations, and asset management structures.
• Evidence of client-centricity and contributing to a culture of exceptional client service, including strong client relationship management skills with the ability to grow client relationships and prepare quality deliverables for clients.
• The ability to work collaboratively and flexibly as part of a team and to contribute to the people culture within the team or wider firm.
• Excellent verbal and written communication, including explaining complex tax topics and recommendations to a non-tax audience.
• Attention to detail and the ability to complete work to a high professional standard.
• Enthusiastic team player with the ability to create, sustain and lead effective teams.
• Ensure delivery of quality work and take day-to-day leadership of the delivery team.

To qualify for the role you must have

• ACA / CTA / Tax Inspectors with full Technical Training course / Law qualification / Tax specialist qualification.
• Strong tax technical skills.
• Initiative, professionalism and confidence.
• Experience of coaching and developing junior staff.
• Eligibility to work in the UK.
• The ability to motivate a team; manage, mentor and train junior staff and work with people from across the business.
• Asset Management tax advisory experience within an accounting firm or law firm.

What we look for

We want to hear from Manager-level candidates who are looking to grow their responsibility in a market-leading team which specializes in the delivery of tax services to the asset management sector, and people who are excited by the challenges and opportunities associated with working in this dynamic environment.

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your own and your team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around.
• Opportunities to develop new skills and progress your career.
• The freedom and flexibility to handle your role in a way that’s right for you.

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.