Assistant Manager – Alternatives Funds, Tax, Hedge Fund focus

Introduction 

The KPMG Alternatives team provides high-quality and impactful tax advisory and compliance services to the Alternative Investment Fund sector. This includes private equity, hedge funds, credit funds and real estate funds.

Due to our ongoing growth, we have a number of job openings for exceptional candidates. This posting is for a role focussed on Hedge Fund tax and would be well suited to a driven and motivated candidate with experience in the Hedge Fund or Alternative Investment Funds sector, or someone with a keen interest in developing this as a specialism. We are also hiring for other roles across the Alternatives tax team – see separate postings.

Key responsibilities

As an Assistant Manager, your responsibilities will include:

• Preparing tax advice on a wide range of UK and international tax matters relevant to the Hedge Fund sector, including UK corporation tax and partnership tax matters. This will require undertaking detailed technical research of legislation, case law and HMRC manuals. If you don’t have a background in Hedge Funds or Alternative Investment Funds, we will support you in learning about the sector and applying your existing UK corporation tax and partnership tax knowledge.
• Reviewing corporation tax and partnership tax returns that have been prepared by team members, identifying any errors or changes, and getting them ready for final review and sign-out.
• Attending client meetings and calls, including playing an active role in the discussion of tax technical topics.
• Interacting with HMRC, including by telephone and letter.
• Build long-term trusted client relationships with the clients that you are aligned to. This will include understanding the client’s business and pro-actively think about their needs, in order to identify other KPMG services that they may benefit from.
• Working collaboratively with other members of the Alternatives team in the UK, as well as with other KPMG offices globally. Adapting your style and approach when needed in order to achieve the best possible outcome.
• Supporting the team with business development initiatives, which may include researching potential clients, preparing flyers or other marketing material, and preparing for seminars and in-person events.

Relevant skills and experience for this role

The successful candidate will be able to demonstrate all of the following attributes:

• Qualified as a Chartered Accountant (CA or ACA), Chartered Tax Advisor or solicitor (or international equivalent).
• Career drive to develop a specialism in Hedge Fund taxation and to be part of a fast-growing, high-performing Alternatives tax team.
• Positive approach to personal development and motivation for progression to Manager grade and beyond, as your experience and knowledge develops.
• Track record of delivering high-quality corporate tax advisory and compliance services to clients. Experience in the Hedge Fund or Alternative Investment Funds sector is preferred, but this is not essential.
• Ability to manage competing deadlines by planning ahead and prioritising, and communicating effectively with colleagues and clients, including when under pressure.
• Strong level of UK corporation tax knowledge and the ability to communicate complex rules and ideas in a simple way, both verbally and in writing.
• Delivers written work to a consistently high standard, with a strong attention to detail.

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Overview

This exciting role is within our South Region Corporate Tax Advisory & Compliance (CTAC) team, based in our Reading office. KPMG’s CTAC team has an immediate need for an Assistant Manager to support delivery of a range of engagements across corporate tax advisory, compliance and related work. The CTAC Reading team has a very strong market reputation working with leading Global clients on a range of tax services. There is a strong pipeline of project and advisory work. Our clients include UK headquartered businesses and large international groups across a range of sectors including TMT, healthcare amongst others. Our work in the tax advisory space includes supporting clients with business and fiscal change. This can include advising on new jurisdiction entry, the development of new business areas, business reorganisations, tax authority enquiries, pre/post transaction reorganisations, refinancing, cash repatriation, interest deductibility and the impact global fiscal change (e.g. BEPS Pillar 2). We work as a hybrid team where we get together in the office or at client sites at least twice a week to collaborate and learn together, with flexibility over how you spend the rest of your time.

The Role

• Being one of the main points of contact on a portfolio of clients on day-to-day tax matters and working with Partner/Director group, Senior Managers and Managers on our larger client accounts

• Supporting tax advisory projects by providing UK corporation tax input based on experience and researching topics and by working with other areas of tax and our overseas members firms to incorporate their input into our advice

• Ensuring our clients are kept up to date with emerging corporate and wider tax developments and budgets impacting their business

• Supporting the delivery of UK corporation tax compliance services

• Supervising the work of junior members of staff and providing coaching to support their development

• Assisting our Managers and Senior Managers with client account management, including complying with appropriate quality and risk management procedures and financial management

• Support the leadership with business development opportunities

The Person

• Qualified CTA or ACA / CA or equivalent

• UK corporation tax experience (preferable)

• Problem solver, identifies core issues, investigates, evaluates, and integrates information

• Communicates with impact, in a way that is open, honest, consistent, and clear

• Sustains a high level of drive, shows enthusiasm and a positive attitude when coping with pressure at work

• Takes personal responsibility and accountability for managing own work and juggling

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