The Arora Group Property division was set up in 2005 to provide a property and asset management service. It currently manages over £1.5 billion of property assets which includes operated hotels, a portfolio of externally leased hotels, offices and commercial spaces, as well as land holdings across London, major regional airports and the home counties.
This role is fully office based role (5 days per week) at the Arora Group Head office located in the Heathrow Airport area.
Duties and Responsibilities
* Registration of an offshore company, trusts, partnerships, Jersey Property Unit Trusts which directly owns UK rental property and applying for gross status.
* Preparation of non resident landlord returns and Trust returns together with detailed tax computations using Alpha tax software.
* Liaising with the finance team, property team, and trustees on all aspects of the compliance process to ensure that everything is correctly captured and reported on the tax returns.
* To use professional initiative and recommendations where compliance issues are identified e.g. capturing of information at source in an efficient manner; legal and professional fees are captured correctly.
* To calculate and recommend payment on accounts and final payments for each company for every tax year, liaising with the treasury team and trustees in this regard.
Tax audit
* To prepare for the year end tax audit, which will involve calculating tax provisions, preparing accounting disclosures.
* To liaise with Group Financial Accountant and Auditors
Tax planning
* Monitor loss position across the offshore group and where possible, relocate profit making assets within a tax paying entity to entities with suitable losses.
* Undertake year end planning. Identify issues and recommend solutions
VAT
* The bookkeeping for each offshore company is undertaken by Arora under an agreement with the trustees.
* The VAT returns are prepared by the accounts team.
Skills & Experience
* Qualified ACA or CTA with strong tax compliance experience gained from a top 10 accounting practice and is either working in industry or looking to make their first move out of professional practice.
* Specific knowledge and experience in corporate tax, income tax and VAT
* Ideally have experience in the property sector
* Experience of managing large complex groups Ability to undertake technical research using tax legislation, reading case law
* Demonstrate good accounting knowledge
* Must be a self starter, not afraid of working under pressure, and use their initiative to solve problems and suggest solutions
* Ideally, the candidate should able to use Alphatax Minimum 2years PQE.
Benefits
* Complimentary on-site parking is available.
* Discounted employee friends & family rates at Arora Hotels.
* Food and beverage discounts.
* Christmas gifts and employee parties.
* Introduce a friend scheme.
* Cycle 2 work scheme.
* UK attraction discounts @ Merlin Entertainments.
* Taste card.
* Life assurance scheme.
* Wage stream.
* Employee study assistance programme.
* Arora star employee recognition.
* Long service recognition award.
* Tusker car scheme
* Access to company pool car
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