Tax Inbound FTSE 100, Senior Associate; London
About the team
Tax Inbound & FTSE 100 (IF100) provides specialist tax advice to top tier Plcs and inbound multinationals. Our Clients include many household names and are from all industry sectors (except Financial Services). Our services include UK and international corporation tax advice and structuring, transfer pricing, tax accounting advice, audit of tax work and VAT consulting amongst other areas. We are looking for a Senior Associate to join the team to work primarily in our tax accounting advisory space. This is a high priority area for the team and the Firm where we see significant opportunity for growth.
You will be working primarily for the Senior Manager driving this area of the business in IF100 and Nationally, but will also have interaction with client facing and other teams across the Firm up to Partner level, particularly in CMAS, Assurance etc. We anticipate that you will spend c. 85% of your time on tax accounting advisory work, but you should also have some opportunity to gain experience in other relevant areas between projects to maintain the requisite underlying skills and knowledge. Whilst experience in audit of tax work would be very useful, this is a tax accounting advisory role and will not involve significant amounts of audit of tax work.
The right candidate will have good knowledge of accounting and how numbers are reflected in financial statements. You will have excellent attention to detail and approach tasks in a thorough and methodical manner. Some knowledge of tax and proficiency in excel is also desirable, however this is not essential if there is a willingness to learn these. This is an ideal role for someone looking to move into tax from an audit or accounting background or someone who has started their career in a regional tax team and is looking to move into London.
The work is technically demanding and challenging and offers opportunities to work on major high profile corporate transactions and deals. It also creates an opportunity to build new relationships and contacts and to leverage those to help drive and develop a fast-growing part of the tax business. There will be opportunity to work on National initiatives and also for development and promotion if the right skills can be demonstrated.
About the roleIn this role you’ll:
This is a unique role where, as a Senior Associate, you will be focusing on one particular area of our business, whilst building relationships across the team and with clients. You will be involved on a wide variety of projects and assignments in the tax accounting space including:
Advising on the tax aspects of GAAP transitions e.g. to IFRS or US GAAP
Advising on the tax elements of adopting new standards e.g. IFRS 15 or IFRS 16
Advising on the implications of adopting IFRIC 23 (on uncertain tax positions)
Advising on the tax accounting aspects of acquisitions and disposals e.g. on purchase price adjustments
Assisting with the tax accounting for carve-out financial statements
Specialist advice on technical tax accounting areas e.g. patent box, R&D credits etc.
Assisting with tax accounting preparation work under US GAAP
Advising on deferred tax asset recoverability
Reviewing clients tax accounting methodology and approach and providing best practice advice
Essential skills and experienceThe requirements (R) and preferences (P) for the role are as follows:
Qualified ACA / CTA (or equivalent) (R);
Audit including Audit of Tax experience (P);
A strong academic background (R);
Competence in Excel (P);
Relevant experience gained ideally in an accountancy (R);
A commitment to continuing to enhance technical and other knowledge and skills (R);
A willingness to learn and take on new work (R);
Risk awareness (R);
Excellent team playing skills (R);
Good communication skills (R);
Self-motivation (R); and
Good organisational skills.