Accounting and Tax Professional, Multi-Family Office - London

Job Description

A well-established and growing Multi-Family Office in London is looking for an Accounting and Tax Professional to join them and support a successful Entrepreneur and his family. The client is actively involved in a successful global business and requiresa professional to work in a small team to assist with Tax and Personal financial matters across the spectrum of all his and his familys activities.Duties

• Cash flow, family financial forecasts and expenditure tracking and record keeping
• Banking - provide two-person authority payment execution service and relationships, account management and reconciliation, banking support to PA, using correct bank account for each payment
• Bill/invoice paying as required
• Pricing negotiation for goods and services.
• Reviewing legal and commercial agreements and terms.
• Working with our IA colleagues
• Executing and recording any investment trades requested by you with relevant broker/banker
• Executing FX
• Due diligence on any private equity investments including reviewing documentation and financials, checking EIS availability and claiming relief as appropriate, project managing execution and providing funds
• Keeping spreadsheet record of cash and assets and CGT base costs, working with our IA platform, likely to replace Y Tree platform, service and app
• Liquidating investments/assets where necessary for meeting any outgoings or property capital expenditure projects
• Administration and accounting for 2 UK investment companies
• Liaising generally on PE investments and monitor performance, ins and outs and ensure sufficient liquidity in the companies to make investments
• Prepare and submit accounts for both investment companies filing May and September

Project Work

• Liaise with current provider in finalising Ingenious and Carbon Trading matters currently being resolved
• HR for domestic staff and PAs. Dealing with contracts etc hiring and firing and compromise and confidentially agreements etc
• Ad hoc advice on property acquisitions/disposal, project managing and liaison with lawyers
• Liaising with and coordinating all third-party advisors and service providers
• Dealing with Trustees. One UK charitable and one offshore
• Data - hard copy and electronic, historic tax, property, investment and personal records including divorce
• General ad hoc advice arising- estates and properties liaising with the land management agent, project management
• Occasional admin. assistance when EA is away
• Reviewing contracts for yachts and jets etc.
• Artwork inventory and arrange valuations as required and agreed

Tax

• Preparation and submission of tax returns
• Tax mitigation working and liaising with external advisor as required and arranging implementation where necessary i.e. charitable donations
• Arranging to pay tax
• Working and liaising with external advisor as required, structuring solutions on how to mitigate tax on investment income and gains i.e., corporate vs personal etc. Implementing advice and ensuing correct documentation and cashflow
• Inheritance Tax suggestions, working and liaising with external advisor as required and coordination thereof
• Look at potential for a PICs to become a FIC for wider use as a family investment company for income tax and inheritance tax efficiency
• Annual confirmation statements and tax returns for 2 UK companies

Qualifications:

• Fully Qualified ACA or ACCA
• CTA or Tax Background Desirable

Keyskills :
ACAACCAAssetsInvestmentsTax