Tax Manager

The role

This role sits within the Outsourced Tax Management team, which is part of the broader Tax and Reward practice at Macfarlanes. The role works alongside Senior Tax Advisors and Client Account Analysts to manage and oversee day-to-day tax operations for private equity and credit fund clients. Key duties will include:

• overseeing tax return preparation and reporting processes for fund clients, including FATCA/CRS and other filings;
• managing entity establishment and onboarding projects, including obtaining tax IDs, registering/deregistering with local jurisdictions for tax purposes, and making withholding tax applications;
• liaising with clients and relevant parties, including custodians, service providers, investors and other counterparties across various jurisdictions, for account setup purposes;
• communicating with investors and investment counterparties regarding tax requests and queries, and reviewing tax provisions in side letters and other legal documents;
• identifying, assessing and analysing the tax implications of strategic initiatives or transactions;
• coordinating closely with wider tax and legal team members responsible for specific tax areas and jurisdictions, including U.S. international tax (or other jurisdictions), withholding tax and cross-border reclaims, to ensure client service is delivered end to end;
• conducting tax research, analysing cross-border tax issues and drafting technical memos related to specific client matters;
• assisting founders and key executives with personal tax needs, including executive tax statements, tax distributions and remuneration/tax planning, coordinating with their personal tax advisers;
• monitoring key tax legislative developments and market trends relevant to clients' businesses to ensure ongoing compliance; and
• supporting the training and development of junior team members, sharing knowledge and experience across the wider team.

This job description encompasses the main duties of the role and is by no means exhaustive. It is anticipated that duties may vary from time to time according to the needs of the practice area.

The candidate

Skills and attributes for success:

• qualified CPA/CTA or equivalent, with at least 5 years of relevant experience, ideally gained at a Big Four or comparable professional services firm;
• practical understanding of U.S. international tax concepts, with experience advising asset managers and institutional investors on cross-border tax reporting matters;
• experience in advising clients on the tax aspects of private equity and/or private credit fund structures;
• self-motivated, organised, and committed to providing high quality support in a practical, client-facing context;
• strong attention to detail, along with excellent time management skills and a meticulous approach to work;
• willingness and ability to learn new concepts with minimal guidance;
• proactive, with the ability to work independently and take responsibility for work product; and
• excellent verbal and written communication skills.

Development path

The Outsourced Tax Management team has a progression and development framework designed to equip our people with the range of skills and knowledge needed to be effective in their roles. Coaching will be provided on joining to train the candidate on administrative and other required skills, and the candidate will be supported in obtaining relevant tax qualifications in the longer term as necessary.

Application screening

Any offer of employment with us is subject to our pre-employment checks which are conducted by a third-party screening provider. These checks will be initiated with your consent, and your CV will be sent to the provider by us. The screening will include but is not limited to your employment references, professional and academic qualifications including grades and any criminal records. Your offer will be subject to the successful completion of these checks.

Our commitment to inclusion

Inclusion is one of our key priorities and it is a goal we are actively working towards. We believe that an inclusive, forward-thinking culture is intrinsically important and enables us to provide innovative solutions to our clients.

We welcome applications from people of all backgrounds, bringing different perspectives and experiences, making Macfarlanes an exciting and stimulating place to work. We seek to recruit the best candidates, regardless of age, gender, race, ethnicity, social or economic background, religion, disability, sexual orientation or any other characteristic.

As part of this commitment, we will ask you certain diversity data questions. We would really appreciate you and/or your recruiter completing these questions when submitting an application to Macfarlanes as this data enables us to measure our progress and identify any actions needed to continue to support an inclusive culture. This data is anonymised to maintain the privacy of applicants. If you have any questions relating to how this data is used, please contact a member of the recruitment team.

Should you require any adjustments during the application and/or interview process, please do not hesitate to inform your recruiter or a member of the recruitment team. Please note, the job description is available in other accessible formats (for example, large print).

We are a Disability Confident Employer and will offer an interview to disabled applicants who best meet the essential criteria for the role. If you would like to apply through the Disability Confident Interview Scheme, please email the recruitment team at recruitment@macfarlanes.com.