Funds Tax Manager

Legal & General is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, aiming to build a better society for the long term by investing our customers’ money in things that make life better for everyone and create value for our shareholders.

Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best. 

Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.

We’re recruiting for a Funds Tax Manager to join us. In this role you will work within Group Tax to support the Head of Asset Management Tax on public markets funds matters. Primary responsibilities include management of tax risk reclaims for public markets funds and life companies, including update/remediation of historic claims, management of advisors and custodians, dealing with tax authority queries, and engaging with operational teams.

What you'll be doing:

• Supporting the Head of Asset Management Tax on public markets tax reclaim matters including:
  • Reclaims processes, remediation and oversight;
  • Oversight of custodians and service providers;
  • Thorough and clear responses to tax authorities;
  • Proactive monitoring and follow up with tax authorities;
  • Work with operational teams on accounting policies; and
  • Track detailed claims, accounting positions and repayments.
• Building relationships with key contacts in the Asset Management division to ensure tax reclaim matters are considered appropriately.
• Producing technical analysis and documentation on tax reclaims for use with business or boards.
• Keeping business teams updated with key tax reclaim and withholding tax developments that are of relevance to them.
• Over time and as required, supporting on various fund tax compliance & advisory responsibilities including:
  • Supporting fund operations teams on compliance matters including SD/SDRT matters and tax documentation;
  • Double tax treaty analysis for sponsored funds;
  • Management of treaty-based withholding tax relief and claims;
  • Management of tax agents, non-resident capital gains tax, financial transactions tax and other local tax compliance matters;
  • Investor reporting and fund documentation input and advice;
  • Supporting the broader international tax team on Pillar 2 compliance and elections for funds;
  • Providing up to date technical advice for UK and overseas tax changes; and working with the wider tax team as required.
• Collaborating with other members of the Public Markets tax team to share knowledge and cover busy periods or time away from the office.

Who we're looking for:

• Professional Accounting Qualification (e.g. ACA or ACCA) and/or Taxation qualification (e.g. CTA) with a solid level of post qualification tax experience within a large corporate or practice
• Good understanding of UK and European public markets funds structures
• Good understanding of tax implications, risks and efficiencies relevant to fund set ups.
• Practical experience of operational tax lifecycle of funds.
• Prioritisation, planning and organisation of multi task/person assignments.
• Ability to make judgement calls where appropriate without referral to senior manager
• Builds and develops strong relationships with staff, peers and other contacts within the business.
• Experience of providing tax advice to fund management teams and be able to explain tax technical issues in a clear and concise way to non-tax experts.

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: 

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes  
• Generous pension contribution  
• Life assurance   
• Private medical insurance (permanent employees only) 
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday 
• Competitive family leave 
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice 
• There are the many discounts we offer – both for our own products and at a range of high street stores and online   
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.