Senior Associate - UK High Net Worth Individual Tax Compliance

Senior Associate

The KPMG Global Services (KGS) Tax is a diverse team spread across multiple cities in India. We provide tax and compliance services to KPMG Firms globally. Our core services include Business Tax, Global Mobility, Indirect Tax, Global Transfer Pricing, Global Trade Compliance and Tax Technology delivered by our professionals, who are known for their technical acumen and business insights to deliver exceptional client service.

Through your work, you’ll build a global network and unlock opportunities that you may not have thought possible with access to great support, vast resources, and an inclusive, supportive environment to help you reach your full potential.

 

Roles & responsibilities

We are recruiting for the Sr. Associate position in the UK High Net worth Individual (Private Client) Tax team with experience in various compliance and consulting tasks related to UK Individual / Partners Income Tax and Partnership computation. Working as Senior Associate in this team, your responsibilities will include:

••First review of tax computations for new joiners / from the UK, delivering a high-quality service within the agreed time frames.•Preparation of Simple, Medium, Complex and Super Complex Returns.•Preparation of Medium and Complex Calculation spreadsheets (ERI, Property and Share pool)•Develop an in-depth understanding of basic tax concepts as they pertain to international mobility situations (taxable and non-taxable items, gross-up, remittance basis, FTC)•To avail the appropriate credit and mitigate double taxation of income in different jurisdictions.•Supervising and training junior staff members on basic tax technical and tax compliance process matters. Mentor to the < 12 months staff•Build proficiency to be able to do E Grade review•Provide day to day support to Assistant Managers to assist with the delivery of tax computations and client service.•Raise appropriate information requests to gather outstanding data from clients.•Draft client correspondence documents (emails, letters, reports etc.) at relevant points throughout the compliance cycle.  Participating in telephone calls with KPMG team members and Client Service Teams.•Being proactive in owning/managing your client allocation & flexible in working arrangements.•Manage the budget as per UK Tax Returns•Provide coaching and support to junior team members in how to use the Technology tools•Performing other ad hoc tax compliance related activities as and when required.•Follow firm’s best practice and policy around the compliance process.•Be part of Resource Exchange program to know the other SL. Collaborate and support other BU during their busy period. 

 

Educational qualifications

•Bachelors/ Master degree from a reputable university with excellent academic result, majoring in accounting or finance or technology or a similar field.•ATT qualification would be an advantage.

Mandatory  technical & functional skills

•Minimum of 2 - 4 years of relevant professional experience in UK Individual HNI Compliance (i.e. all complexity returns)•Proficiency in Microsoft Office software programs, including MS Outlook and Excel•Must have strong English communication skills (CEFR Level of B1 or higher). 

 

 

 

 

Experience Level

Senior Level