Global Tax Manager

Job description

Overall Summary of the Job:
As part of the HSS Global Tax Team of one of the premier securities services businesses, you will manage tax reporting processes and global client relationships with our asset management/fund management clients. The position will include heavy interaction with global offices and clients. The position reports directly to the Global Head of Tax, HSS Fund Services.
 
Primary Responsibilities/Essential Functions:
Oversight and review of preparation of interim and year-end US tax information for offshore funds, hedge funds and private equity funds including Form 1065/Schedule K-1 and PFIC Annual Information Statements
Preparation and review of FATCA/OECD tax reporting 
 Liaising with client’s external tax advisors 
 Maintaining a high-level of attention to client relationships 
Oversight and review of preparation of tax adjustments
Use of the Advent Partner system to account for tax allocations.
Support to our global tax products which would include exposure to non-US tax regimes such as German, Austrian, Swiss, Belgian, Italian, EUSD, and Australian tax systems.
Closely work with product and IT teams to streamline tax reporting processes using available technology.
Train global tax, accounting and global distribution and transfer agency teams on tax reporting products and processes to support such products and services.
Assist in marketing and sale of securities services and tax reporting services to global fund clients.
 
Decision-Making Responsibility:
Analyze and present tax reporting solutions for global fund clients.
Management of Risk
Each employee must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations.
Each employee must ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
Each employee must promote an environment that supports diversity and reflects the HSBC brand.
 
Observation of Internal Controls
Each employee must maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Any failures to comply with the above should be reflected in year end performance assessments.
Each employee must understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.

Desired profile

Minimum Education: BS in accounting or business degree.
Masters in Tax or MBA a plus.
4-10 years of investment fund tax experience in a public accounting or investment management/hedge fund or fund administration environment.
Professional qualification:
CPA/CA (preferred/not required)
Required knowledge & skill:
In-depth knowledge of hedge fund, offshore fund or mutual fund taxation. Knowledge of fund financial accounting and operations. Knowledge of complex fund structures. Knowledge of FATCA/OECD CRS. Knowledge of Advent Geneva/Partner, Koger NTAS a plus.
Competencies:
Excellent verbal and written communication skills.
Attention to details and possessing excellent organization skills.
Demonstrated project management experience.
EEO/AA/Minorities/Women/Disability/Veterans