Tax – Compliance Manager

Corporate Finance Group, Inc. (“CFGI”) was founded in 2000 by former Big 4 professionals. CFGI is an established industry leader with the resources to successfully navigate today’s complex accounting, reporting, compliance, and tax landscape. An assemblage of top-flight professionals with in-depth public accounting expertise, CFGI can fulfill a variety of client needs without the restrictions of auditor independence. With a foundation of knowledge amassed while serving a variety of industries, CFGI can guide companies through a wide range of routine and complex business scenarios. The resulting partnership is an innovative resource with the power to address our clients’ most crucial accounting, finance, and operational challenges.

 

We provide our clients with a unique combination of integrity, flexibility, creative solutions, and deep tax technical expertise. Many of our clients are global, market leading, publicly held companies, while others are privately held, early stage, or venture-backed emerging businesses. Here at CFGI, we place a high value on a culture of continued learning, where teamwork is encouraged, and professional excellence is rewarded.

 

In 2022, CFGI opened its London office (its first outside the US) and achieved fantastic revenue in the first full year of trading, primarily derived from the accounting advisory practice. In January 2023 the UK tax practice was formed and the UK tax partner is looking to quickly assemble a high-quality team of tax professionals to grow the tax business and provide clients with an exceptional and differentiated service.

 

 Overview of role:

 

CFGI seeks a highly motivated tax manager to join its UK tax team. This role will provide a fantastic opportunity for an individual who is driven, entrepreneurial and constantly looking to challenge the status quo around the UK tax services industry.  

 

You will be involved in all aspects of UK corporate tax (reporting, compliance, governance and advisory) and will have direct interaction with both our clients and senior members of the UK tax team in order to deliver these services.

 

1.     Client service delivery      

 

a)     Tax reporting:

 

You will be involved in the delivery of UK tax reporting services to our diverse client base, which includes the following:

 

·       UK publicly listed companies.

·       US headquartered multinationals (including US listed groups).

·       UK privately owned and private equity backed groups.

 

The exact scope of tax reporting work for our clients will vary but is likely to include the following:

·       Preparation of UK entity only tax numbers in accordance with IFRS or UK GAAP.

·       Preparation of UK group tax numbers, likely to involve the incorporation of tax numbers for non-UK subsidiaries, GAAP-to GAAP adjustments (e.g. US GAAP to IFRS) and consolidation adjustments.

·       Advising on client’s tax reporting processes.

·       Advising on the tax aspects of GAAP conversion projects.

·       Advising on the tax reporting (and other) aspects of IPO readiness.

 

b)    UK corporation tax compliance:

 

You will be involved in the preparation and submission of UK corporation tax returns for our clients. This will involve you leading the day-to-day interaction with our clients to obtain all the information required to complete and file their returns in a timely manner. Whilst a formalized compliance process is in place, you will have a good degree of autonomy to manage the process in your own way, albeit with a focus on ensuring that our tax compliance offering is high quality, efficient and cost effective for our clients.

 

c)     Tax governance

 

You will be involved in the delivery of our tax governance proposition to clients, advising on tax strategy, risk management and controls.

 

d)    Tax advisory

 

You will be involved in tax advisory work likely to include the following:

 

·       Ad hoc corporate tax advisory work originating from compliance engagements – e.g. loss planning and utilization, tax implications of trade and asset transfers, interest deductibility.

·       Cash tax modelling exercises.

·       Group simplification exercises.

·       Tax due diligence for client transactions.

·       Tax structuring for client transactions.

 

2.     Business development

 

As CFGI is looking to rapidly expand in the UK, there will be plenty of opportunity to get involved in business development activities, including the following:

 

·       Assisting with the origination of tax opportunities on new and existing clients, drafting of proposals and involvement in the sales process (e.g. meetings, pitches, etc.).

·       Teaming with colleagues from other CFGI UK and US service areas (e.g. accounting advisory, business transformation) to identify and propose tax opportunities.

·       Teaming with the CFGI US tax team to support with and identify UK tax opportunities on US clients.

·       Identifying additional revenue streams with our clients.

Skills and Competencies:

Knowledge:

 

·       Experience of UK tax reporting processes.

·       Knowledge of tax reporting IFRS and UK GAAP; high level understanding of US GAAP desired but not essential.

·       Experience of the UK tax return preparation process, and good technical understanding with common tax adjusting items such as interest deductibility, hybrid mismatches, loss utilization etc.

·       Experience of responding to and managing HMRC tax enquiries.

·       Knowledge / an appreciation of cross-border tax matters would be highly desirable, e.g. transfer pricing, Pillar 2, country by country reporting etc.

 

Skills:

 

·       Experienced with using Microsoft Excel and tax software packages.

·       Demonstrated ability to effectively present information and appropriately respond to questions from clients and team members.

·       Excellent organizational skills, ability to multi-task, and work under deadlines.

·       Excellent analytical, supervisory, organizational, and written and verbal communication skills are necessary.

·       Demonstrated ability to be accountable for independently completing assignments.

·       Capable of collaborating and communicating with people of different technical backgrounds and roles.

·       Analytical ability to navigate work-related situations with practicality, sound reasoning, and demonstrating creativity in problem solving.

·       Other key characteristics: the ideal candidate must demonstrate integrity and accountability, always remaining flexible, adaptable, and willing to accept coaching, building and managing professionally healthy relationships, and continually developing awareness of business-related topics.

 

 Qualifications:

 

·       Three to five years of corporate tax experience with some/all of this time ideally spent in the Big 4.

·       Professional accounting qualification (e.g. ACA, ACCA) required; additional tax qualification (e.g. CTA) strongly desired.