Skip to main contentA logo with &quat;the muse&quat; in dark blue text.

Assistant Tax Manager, Officer

AT State Street
State Street

Assistant Tax Manager, Officer

Edinburgh, United Kingdom

Who we are looking for

The role of the Assistant Tax Manager is to be responsible for the delivery of tax services to all State Street Regulated Tax clients in respect of their Authorised Investment Funds, Investment Trust Companies and PAIFs.

Why this role is important to us

The team you will be joining is a part of State Street Global Delivery (SSGD). SSGD gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGD's tools help our clients make better investment choices and act on growth opportunities.

Want more jobs like this?

Get Data and Analytics jobs in Edinburgh, United Kingdom delivered to your inbox every week.

By signing up, you agree to our Terms of Service & Privacy Policy.


Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As Assistant Tax Manager, Officer you will

Corporation Tax Specific:

  • Oversight Tax provisions for inclusion in SORP accounts for UK investment funds which we administer
  • Review of CT600s, CT61s for PAIFS and VAT Returns for submission to HM Revenue & Customs
  • Assist as required on tax project work
  • Review taxation payment instructions for Trustees
  • Oversight quarterly taxation reviews to ensure reasonableness of daily taxation provision accrual and manage issues log review points
  • Review asset classifications for UK tax purposes for inclusion in the internally maintained Funds database ensuring the information contained within is accurate and up to date

Management of service delivery and relationships:

  • Develop effective working relationships and communications with staff and ensure that staff are motivated, developed and supported.
  • Develop and maintain good relationships with senior staff both within State Street and with clients and external parties, including HMRC
  • Establish and monitor an effective oversight framework to ensure that issues are appropriately identified, escalated and resolved. This includes: a) ensuring that appropriate management information is received, considered and challenged as appropriate at intervals proportionate to the risks; and b) that staff members have a clear understanding of the escalation path/principles
  • Establish and nurture a culture of 'Risk Excellence' within the team, encourage an environment of openness that welcomes effective challenge and supports open discussion.
  • Ensure the immediate line manager and others, as appropriate, are kept aware of all issues/problems/queries/work in progress that may impact the quality of service being given
  • Monitor errors and potential losses/breaches; complete loss/breach documentation and ensure remediation/training needs are identified and relevant remediation/training is completed
  • Ensure key performance indicators (KPI) measures are achieved monthly and if the KPI is not green then initiate action to resolve
  • Manage own time and activities effectively (delegating where required) setting an example through good housekeeping and time management
  • Keep up to date with legislative and regulatory changes affecting the business

Education, Skills and Experience:

  • Business degree from University or equivalent/ relevant market experience.
  • Professional Qualification (ICAS, ICAEW, CTA, ACCA, ATT, AAT) desirable, but not essential
  • Knowledge of tax regulations relating to UK Investment Funds. Knowledge on Property Funds / Property Authorised Investment Funds is also desirable
  • Strong understanding of fund accounting principles relating to UK Investment Funds. Experience within Funds Administration/Accounting practice preferable
  • Excellent communication skills, detail oriented and accuracy, problem solving skills, ability to multi-task and ability to work under pressure/deadlines.
  • PC literate - Word, Excel, PowerPoint, Tax packages

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.

State Street is an equal opportunity and affirmative action employer.

Discover more at StateStreet.com/careers

State Street's Speak Up Line

Client-provided location(s): Edinburgh, UK
Job ID: StateStreet-R-758049
Employment Type: Full Time