Tax Accountant

Job description

Job title: Tax Accountant

Contract: Permanent

Department: Finance

Hours of work: Monday to Friday, 9:30am - 5:30pm (Flexibility required)

Location: Birmingham or London

Role Overview:

Here at Pinsent Masons we bring together the best people to get the job done. We're naturally curious, constantly learning, listening, and growing. We'll truly value your ideas. You'll be joining an award-winning, hardworking and commercially minded team, where you'll have the opportunity to work with leading experts and form meaningful relationships, while making a difference. You'll get the opportunity to be involved in varied and challenging work. Working in an open and supportive environment, to deliver outstanding results.

Our people are our success, and we work as one team.

We are recruiting a Tax Accountant support the Head of UK Tax in delivering on time, every time UK personal tax compliance for the group's 500+ partners and former partners.

Candidate Overview:

We are looking for candidates who ideally hold the following skills and experience:

Main duties and responsibilities:

• Assisting the Head of UK Tax in delivering all aspects of the recurring annual personal tax compliance timetable. Some assistance will be required at the level of the overall population (e.g. relating to completeness of population for whom returns or payments are required), other assistance will relate only to the portfolio of individuals delegated by the Head of UK Tax.
• The type of activities include:
  • creating and maintaining control schedules to ensure completeness of population for whom personal tax returns are required and recording where responsibilities lay if not with the in-house team;
  • promptly registering partners as self-employed for National Insurance and ITSA purposes and putting authorisations in place with HMRC for Pinsent Masons to act as tax agent;
  • preparing aide memoires to send to partners at the start of the new tax year;
  • preparing ITSA returns (including amendments to estimated prior year returns, where required) for review by the Head of UK Tax, computing taxes owed or overpaid and dealing with any related personal tax issues including splitting liabilities between those to be funded by Pinsent Masons from tax reserves and those to be funded by the partner personally or their former / current firm;
  • preparing banking instructions and supporting schedules in relation to payments, e.g. to HMRC and to release tax reserves to partners as required at all stages of the tax reserving life cycle;
  • assistance with building and maintaining tax reserves;
  • liaison with partners, former partners and third party agents or advisers.
  • Filing personal tax returns and providing partners with submission reports in relation to the partner population.
  • Record the progress and status of tax returns.
  • Track information received from partners to determine additional information needed to prepare tax returns.
  • Analyse income and expenditure to assist in the preparation of the firm's business tax computation
  • Provide ad hoc cover for the Partnership Tax Accountant role and support that colleague at less busy points in the personal/business tax compliance cycle if called upon to do so

Qualifications:

Formal accountancy or tax qualification is desirable. This requirement could be fulfilled by experience, e.g. 3+ years spent in the tax practice of a large accountancy firm, specialising in UK personal taxation and including experience of preparing UK income tax returns. Study assistance may be available for a qualified accountant who wishes to pursue a tax qualification.

What happens next?

Once your application has been submitted and reviewed, our Recruitment team will share the outcome with you by email.

We typically hold two interview stages per vacancy providing the opportunity to meet two members of the hiring team at each stage. The first stage is typically conducted virtually and the second stage typically in person at the office in which the role would be based. However, we strive to remain flexible depending on the requirements of the role or the candidate.

Our strength lies in our differences.

We are a Disability Confident and top Stonewall employer, a Valuable 500 member, a signatory of the Race at Work Charter and a proud partner of Neurodiversity in Law. We encourage and value different ideas and styles of thinking. It's with different perspectives that we'll find solutions to our clients' most complex challenges. It's how we'll deliver outstanding results today, and tomorrow. We want everybody attending an interview to be comfortable and able to fully demonstrate their experience and talents.

Our in-house recruiter, Sarah O'Brien, would be happy to have an informal chat about this role, provide this job advert or our application form in an alternative format, and/or discuss any reasonable adjustments to be made either during the recruitment process or after offer stage.

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