Where you’ll fit in & what our team goals are…
We are seeking your experience as a qualified tax professional to oversee the management of the global tax compliance, tax accounting and reporting obligations of (currently) UK, Jersey and Luxembourg domiciled real estate funds, encompassing all entities within each fund structure. These funds collectively hold a gross asset value of £8 billion, with a primary focus on UK property investments.
Your role also includes providing tax support for new product launches, fund mergers and other change initiatives, including implementation of external advisor recommendations and follow through into robust BAU procedures as appropriate.
How you'll spend your time...
Tax Compliance Management
* Manage and coordinate the timely preparation and submission of the annual UK partnership, trust and corporation tax returns with the appointed tax advisors.
* Ensure distribution of tax vouchers to investors in line with agreed schedules.
* Oversight of process for timely submission of VAT returns and payments of VAT to HMRC and overseas tax authorities, and liaison with the Head of Indirect Taxes EMEA and APAC in the group tax team on advisory matters and technical queries (the role will also include an element of review of VAT returns and reconciliations).
* Oversee other UK-specific real estate tax filings such as Non-Resident Landlord (NRL) returns, Annual Tax on Enveloped Dwellings (ATED) and annual exemption election filings under the UK’s regime for the taxation of capital gains made by non-UK residents.
* Assist with technical queries on Construction Industry Scheme matters, liaising with external advisors as appropriate.
* Manage and coordinate the timely preparation and submission of tax filings for Jersey and Luxembourg fund entities in collaboration with external tax providers.
* Review and question draft tax filings/returns and tax information to be provided to investors, prepared by appointed tax advisors.
* Oversee and track tax payments, ensuring all payments to HMRC and other tax authorities are made accurately and on time.
* Ensure compliance procedures are reviewed and updated as tax laws, regulations and practices change.
* Ensure that external advisor recommendations regarding tax compliance (ongoing and one-off) are implemented and incorporated into BAU procedures as appropriate.
* Liaise with advisors to ensure funds are compliant with global transfer pricing obligations including preparation of appropriate reports/support, updates as required, and meeting any filing obligations.
* Ensure any other ad hoc tax compliance requirements are met on a timely basis, working with the Real Estate Investments Operations team, the group tax team and external advisors as appropriate.
Tax Reporting
* Liaise with appointed tax advisors to ensure tax provisions (including deferred tax) are prepared/reviewed for all vehicles as required.
Liaison with Tax Authorities
* Liaise with HMRC as required to deal with routine compliance matters in a timely and appropriate manner.
* Liaise with external advisors in non-UK jurisdictions to ensure routine compliance is dealt with in a timely and appropriate manner.
* Liaise with external advisors to manage the conduct of tax audits and enquiries in timely and appropriate manner.
Tax Advisor Oversight
* Ensure that tax advisors/agents are appointed on all fund vehicles with deadlines, project timelines, quality standards and budgets agreed.
* Act as the primary liaison point with tax advisors, building and maintaining strong working relationships to resolve queries and ensure smooth tax administration.
* Provide effective oversight and challenge of external tax providers, ensuring deliverables meet agreed deadlines, project timelines, quality standards and budgets.
Project Support
* Reporting to the Lead Tax Advisor, provide tax advisory support for new product launches, fund mergers and other change initiatives.
Governance
* Comply with Columbia Threadneedle Investments’ published tax strategy and internal tax policy.
* Support with internal and external audits.
Contacts and Relationships
* Work closely on a day-to-day basis with the Real Estate Investments Operations team, based in Swindon.
* Liaise with the Property Investments team, based in London.
* Liaise with the Columbia Threadneedle Investments’ group tax team, based in Edinburgh, in relation to matters of overlap with the tax affairs of the Columbia Threadneedle Investments group and other ad hoc matters.
* Liaise with the Ameriprise international tax team on an ad hoc basis.
Training
* Assist with designing, implementing and delivering ongoing tailored tax training program for the Real Estate Investments Operations Team (and Property Investments Team).
To be successful in this role you will have...
Qualifications and Experience
* CTA qualified.
* Solid post-qualification experience in tax (industry or practice).
* Familiar with real estate funds investing in UK property.
* Experience of dealing with UK tax compliance for property investment vehicles, with an excellent understanding of and practical application of relevant UK tax legislation, including tax filing and payment requirements.
* Practical experience of tax reporting and accounting and familiarity with income tax accounting standards.
* General understanding of the principles of VAT in relation to real estate and UK filing and payment obligations.
* Some experience of and familiarity with tax compliance requirements for Jersey and Luxembourg-domiciled entities in the context of fund structures is desirable.
* Experience of and familiarity with the Construction Industry Scheme is desirable.
* Experience of managing external advisors to ensure delivery of high-quality outputs is desirable.
Skills
* Strong organisational skills, with the ability to manage multiple deadlines and projects simultaneously.
* Strong analytical skills with thorough attention to detail.
* Excellent communication and stakeholder management skills, including ability to communicate complex concepts simply and understandably.
* Ability to work alone while collaborating effectively with internal and external teams.
* Willing to take on new challenges and develop new skills and knowledge.
About Columbia Threadneedle Investments
Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses. We're intentionally built to help you succeed. Our reach is expansive with a global team of 2,500 people working together. Our expertise is diverse with more than 650 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements.
Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base.
We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.
Full-Time/Part-Time
Full time
Worker Sub Type
Permanent
Job Family Group
Finance
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