Wellington, NZ

Ancillary Areas

Contract or Temporary

The Tax Manager role performs a key function within the Operations Division. There will be extensive interaction with the Fund Administration and Registry teams, the role will be responsible to tax technical development. Contribution to delivering client service and support by providing accurate and comprehensive technical tax reporting and meeting client SLA’s.

The Tax Manager also plays a crucial role in the analysis of errors, including reviewing the calculation of corrections and impacts to various transactions/processes.

Contributory leadership participation with the NZ business
Act as an internal SME for client RFPs and Due Diligence
Provide technical advice and leadership to production teams in the execution of client initiatives which would include but not be limited to:
Client Fund Restructures
Complex Transaction Analysis and Compensation Calculations
Error analysis
Assist in the technical training of team members
Technical subject matter expert for the NZ Unit Pricing function
SME for the NZ Operating Model with sound understanding of the NZ PIE regime and fund structures
Responsibilities:

Taxation Administration Perform necessary tax reconciliations and set up additional controls and reconciliations as required. Undertake the tax administration of selected entities taxation obligations and reporting (including FDWP, NRWT, RWT, FIF (FDR) and PIE tax calculations, provisional tax and annual tax returns) in conjunction with tax advisers as appropriate. Acts as the tax reviewer for all tax administration carried out within operations.

Inland Revenue and Tax Return Reporting Contributes to the accurate and timely completion of the tax reporting requirements, both for clients and their investors. Ensuring deadlines for daily, monthly, quarterly, half-yearly and annual reporting, taxation and regulatory requirements are met.

Statutory Financial Accounting Responsible for contributing to the production of timely and accurate tax information for the Statutory Financial Accounts for selected companies and funds that comply with GAAP (NZ IFRS) and other tax regulatory requirements.

Development of Tax Capabilities and Regulatory Updates With ongoing changes in statutory or regulatory requirements, the need to ensure that the Fund Accounting and Registry teams are kept up to date with the latest tax requirements.

Compliance and Operational Risk Awareness The Tax Manager will need to be familiar with the Service Level Agreements (SLAs) maintained between them and their clients, with ad-hoc review to ensure the SLA is up to date and the taxation deliverables are being met.

Analytical Work and Problem Solving Responsible as a member of the Fund Administration Team for investigating, analysing and responding effectively to resolving queries, problems and errors or variances. This work requires that the team member has a high degree of initiative and strong analytical skills

Client Servicing Contributes to ensuring that clients are provided with excellent customer service by promptly responding to internal and external client queries and requests for ad-hoc reports and information, ensuring that all such requests are within SLA guidelines.

Project Work Involvement in project work, such as implementation of taxation changes and testing those impacts on the Operational processes.

Experience and Qualifications required

A minimum of 5+ years’ experience working in a senior taxation role, preferably in the managed funds industry.
Degree or Diploma qualified in Business or Accounting or equivalent relevant experience.
A minimum of 10 years’ experience commercial experience in fund accounting, unit pricing, custody and accounting / audit, with working technical knowledge and understanding of the full end to end process.
You have substantial experience in Fund Administration, Accounting and reporting, you are recognised as an expert in fund administration, accounting and unit pricing.
You have detailed technical knowledge of Products or Trusts, their tax treatment and compliance requirements.