Trust Manager

The Role

Services provided to our clients ranges from a full service where we provide trust management as well as the preparation of the trust accounts and the trust tax returns. Other clients we provide tax returns only and ad hoc advice when requested to. The team has a strong focus on providing advice to beneficiaries/settlors and trustees of non-UK trusts where there is a UK resident beneficiary and they require assistance in reporting the trust distributions on their tax returns.

The main duties of the role will be to manage and grow a portfolio of trust clients which include both UK based and offshore trusts. Many of our clients have an international focus and we work closely with advisors in other jurisdictions. In addition, the role will also require the provision of daily, flexible, proactive support to the Partners and Directors, contributing to the efficiency of the team and assisting with training more junior members.

The role requires a reliable person who demonstrates a genuine interest in furthering their career in tax. The successful candidate must be able to demonstrate their commitment to self-development and show interest in learning from, and supporting, the team.

The candidate will be CTA qualified and have experience working in a similar role.

What you will be doing

Trust Compliance

• Review of the trust accounts and tax returns which have been prepared by the junior team members.

• Review of Inheritance Tax 10-year anniversary charges and exit charges

• Corresponding with trustees and beneficiaries regarding distributions and amounts to be reported on their tax returns.

• Ensuring that clients are up to date with the details held on HMRC’s Trust Register requirements

• Responding to queries raised by trustees on your client portfolio.

• Liaising with investment managers to ensure that payments are made in a timely manner.

• Liaising with HMRC where applicable.

Advisory

• Assist the Partner/Director group with writing of advisory reports for clients as requested. These include review of offshore trusts detailing how these are taxed for UK purposes and any reporting requirements for the trustees, reviewing of UK trusts and tax implications of terminating the trust and advice on extracting funds from complex offshore structures.

• Providing strategic tax planning advice to trustees and beneficiaries.

• Actively looking for opportunities for existing clients where they may require specific advice.

Other Duties

• Provide general assistance and support to the wider team where required and assist with the training of junior team members.

• Attend various networking events throughout the year as a company representative.

• Assist with writing articles for the website.

What we’re looking for

• CTA qualified (STEP would be beneficial)

• In-depth knowledge of UK tax legislation in relation to trusts.

• Experience of working in a similar role.

• Have the ability to develop professional relationships across various levels.

• Excellent communication skills, both spoken and written.

• Highly organised and reliable.

• Advanced Excel, intermediate Word, Outlook and PowerPoint skills.

• Experience of working with CCH trust accounts and digita.

What you’ll bring

• Analytical skills and strong attention to detail

• Ability to communicate succinctly, both verbally and in writing

• Ability to work on own initiative, but also as part of team

• Ability to develop professional relationships, be approachable, flexible, discreet and diplomatic

• Professionalism, drive and ambition