a) Tax reporting:
You will be responsible for leading 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 responsible for overseeing the preparation and submission of UK corporation tax returns for our clients. In collaboration with the UK Tax Partner, you will assist with the design and implementation of a UK corporation tax compliance service offering, that is high quality, efficient and cost effective for our clients, and optimizes the involvement of junior team members to manage the provision of these services and lead the day-to-day relationships with our clients.
c) Tax governance
You will be responsible for leading our tax governance proposition, advising clients on tax strategy, risk management and controls.
2. Business development
As a Managing Director, you will be expected to undertake business development activity to help grow the UK tax practice and the CFGI brand in the UK. Business development activities will include:
· 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 partners and managing directors 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.
3. Practice management and development
In collaboration with the UK Tax Partner, you will be responsible for building and developing the UK tax practice. Your involvement and input will be required with the following:
· Recruiting new members of the tax team.
· Establishing career progression frameworks for the team and be involved in coaching and mentoring.
· Organising and leading tax technical training and development.
As a managing director, you will also be expected to make a positive contribution to the activities of the wider CFGI UK practice.
Skills and Competencies:
Knowledge:
· Significant experience of UK tax reporting processes.
· Detailed knowledge of IFRS and UK GAAP; high level understanding of US GAAP desired.
· Significant 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.
· A good understanding / knowledge of cross-border tax matters would be highly desirable, e.g. transfer pricing, Pillar 2, country by country reporting etc.
Skills:
· Strong track record of business development activity, in particular winning and expanding tax engagements with clients.
· 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.
· Leadership skills that display good judgment and certainty in decision making, taking initiative with job-related demands, demonstrating innovative thinking and sound planning with business practices, managing individual performance toward shared organizational goals, and thinking strategically to set and accomplish goals.
· 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. As CFGI UK is newly established, it is very important that the successful candidate is willing to roll up their sleeves and get heavily involved in the delivery of client work in the early days, until more junior members of the tax team are recruited.
Qualifications:
· Ten plus years of corporate tax experience with some 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.