Tax Reserves Manager

New Tax Reserves Manager position available at leading global law firm. This is a vital part of the team and will be responsible for overseeing the whole tax reserves process from creation at year end, finalising income balances, to a few years down the line when releasing balances back to the partners.

This is a very specific role that would suit someone from either a Personal Tax or Corporate Tax background, with lots of international experience. They are looking for someone who is ACCA qualified as they need someone to understand double entry accounting and who has a good understanding of local reporting standards in different jurisdictions.

This person must also be very strong on excel and comfortable manipulating large data sets.

This is a fantastic opportunity to join one of the largest law firms in the world, and can carve out a role that you can make your own. You will be joining a team of c.30 people that sit across the UK and international tax team. There wont be any line management responsibilities.

Role and responsibilities

• Develop a detailed understanding of the tax systems of the territories in which the firm operates in relation to partner tax reserves.
• Set up of tax reserves both in GBP and in currency, for both equity and employee/consultant partners, and subsequent reconciliation and release of residual balances, including review of various tax equalisation arrangements.
• Coordination of work done by UK and international tax teams to obtain a consolidated view of partners' overall tax reserves positions as part of ongoing reserves reconciliation and releases processes.
• Ongoing review of existing processes to ensure that they continue to be appropriate (e.g. to reflect impacts of business change transactions and external legislative developments), and to identify opportunities to improve these.
• Play a leading role in determining and putting in place appropriate processes for reconciling partner tax reserves for new offices and ensuring that these are maintained going forward.
• Support year-end work to deliver tax reserves calculations, tax equalisation calculations and relevant tax disclosures.
• Ensuring that positions taken in relation to partner tax reserves are correctly reflected in relevant accounting systems.
• Reconciliation and ongoing maintenance of deferred tax control accounts
• Build awareness of technology solutions that could generate efficiencies in the tax reserving process and propose recommendations on how these could be implemented.
• Communications with partners, CFOs and other stakeholders

Hybrid working offered - 60% of time to be office based.

Bonus earning opporutnity on top.

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