Tax Reporting Associate
- Recruiter
- Morgan Stanley
- Location
- Glasgow, Scotland, United Kingdom
- Salary
- Competitive
- Posted
- 21 Mar 2019
- Closes
- 21 Mar 2019
- Ref
- 5667855
- Job role
- Tax
- Sector
- Accounting - Public practice
Company Profile:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Glasgow Profile:
Morgan Stanley’s Glasgow office employs in excess of 1,300 staff across Operations, Technology, Legal and Compliance, Internal Audit, Fund Services and Finance. Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment. Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships. The office is located centrally and enjoys the additional benefits of an onsite gym and restaurant.
Department Profile:
The Finance Division globally reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm’s books and records, and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanley’s various industry and government regulators, and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley’s various businesses and its senior management team.
The Glasgow Finance team is over 220 strong and spans a wide range of functions including: Product Control; Market Risk Control; Liquidity Control; Treasury Currency Management; Compensation Control; Tax; Legal Entity Control and Governance; Accounting Advisory Services; General Ledger Governance; Regulatory Reporting and Finance Risk. The variety and scope of our opportunities across all levels allows our employees to enjoy fulfilling and challenging long-term careers. In order to maintain this we require finance professionals of all levels, both qualified and non-qualified, who are committed to working in a challenging and ever evolving industry. For non-qualified candidates we actively support a number of professional qualifications.
Team Profile:
The Tax department ensures compliance with income and indirect tax filings, and monitors tax regulations and legislation. In addition, it calculates reports and discloses all of the Firm's tax-related expenses. The department also plans and manages the Firm's domestic and international tax strategies and advises Firm management and business units on business products, location and structure.
Primary Responsibilities:
Reporting directly to a Senior Manager, The Morgan Stanley Tax Department currently has an interesting and challenging career opportunity for an Associate, who will be responsible for performing a variety of tasks associated with supporting both EMEA and U.S. Tax Reporting functions, located in Glasgow.
The group is responsible for all direct tax returns and audits in the EMEA region, preparation of U.S. Tax returns, together with required global tax reporting and bookings.
The successful candidate’s primary responsibilities will be working as part of a team, to provide support in the preparation of monthly, quarterly and annual EMEA and U.S. Tax reporting.
Specific Responsibilities will include:
- Supporting team with the quarterly effective tax rate process for EMEA region.
- Maintenance of EMEA tax database
- Fin 48 quarterly reporting
- Annual EMEA CRD IV and BEPS Country by Country Reporting Data
- Total Tax Contribution
- 5471 process overview
- Deferred Tax reporting for Basel III regulatory reporting
- Collection and analysis of entity and General Ledger data from MS Source systems to support preparation of US Tax Returns for International, Domestic and State and Local processes for multiple entities across MS business.
- Form 1120 roll forward and preparation, including 8858 Forms
- Proactively identify and implement process and efficiency improvements
Qualifications:
Skills Required:
- Part/newly qualified ACCA/CIMA/CA accountant.
- Good accounting knowledge with experience of tax accounting and disclosures would be advantageous (UK, IFRS and US GAAP knowledge), particularly in multi-legal entity environment (e.g. experience of consolidations).
- Knowledge of UK/US Tax regulations advantageous but not essential
- Must have the ability to think critically and self-review
- Should challenge accepted processes, and suggest alternative solutions
- Strong control focus while maintaining a high level of client service
- Self-motivated, with a desire to succeed and develop professionally and personally
- Ability to multi-task in fast-paced environment and be a team player.
- Strong interpersonal and communication skills.
- Confident working with colleagues in worldwide business locations.
- Awareness of deadlines and ability to prioritise workload
- Proficiency with Microsoft Office and Excel.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. *LI-CL3
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Glasgow Profile:
Morgan Stanley’s Glasgow office employs in excess of 1,300 staff across Operations, Technology, Legal and Compliance, Internal Audit, Fund Services and Finance. Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment. Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships. The office is located centrally and enjoys the additional benefits of an onsite gym and restaurant.
Department Profile:
The Finance Division globally reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm’s books and records, and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanley’s various industry and government regulators, and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley’s various businesses and its senior management team.
The Glasgow Finance team is over 220 strong and spans a wide range of functions including: Product Control; Market Risk Control; Liquidity Control; Treasury Currency Management; Compensation Control; Tax; Legal Entity Control and Governance; Accounting Advisory Services; General Ledger Governance; Regulatory Reporting and Finance Risk. The variety and scope of our opportunities across all levels allows our employees to enjoy fulfilling and challenging long-term careers. In order to maintain this we require finance professionals of all levels, both qualified and non-qualified, who are committed to working in a challenging and ever evolving industry. For non-qualified candidates we actively support a number of professional qualifications.
Team Profile:
The Tax department ensures compliance with income and indirect tax filings, and monitors tax regulations and legislation. In addition, it calculates reports and discloses all of the Firm's tax-related expenses. The department also plans and manages the Firm's domestic and international tax strategies and advises Firm management and business units on business products, location and structure.
Primary Responsibilities:
Reporting directly to a Senior Manager, The Morgan Stanley Tax Department currently has an interesting and challenging career opportunity for an Associate, who will be responsible for performing a variety of tasks associated with supporting both EMEA and U.S. Tax Reporting functions, located in Glasgow.
The group is responsible for all direct tax returns and audits in the EMEA region, preparation of U.S. Tax returns, together with required global tax reporting and bookings.
The successful candidate’s primary responsibilities will be working as part of a team, to provide support in the preparation of monthly, quarterly and annual EMEA and U.S. Tax reporting.
Specific Responsibilities will include:
- Supporting team with the quarterly effective tax rate process for EMEA region.
- Maintenance of EMEA tax database
- Fin 48 quarterly reporting
- Annual EMEA CRD IV and BEPS Country by Country Reporting Data
- Total Tax Contribution
- 5471 process overview
- Deferred Tax reporting for Basel III regulatory reporting
- Collection and analysis of entity and General Ledger data from MS Source systems to support preparation of US Tax Returns for International, Domestic and State and Local processes for multiple entities across MS business.
- Form 1120 roll forward and preparation, including 8858 Forms
- Proactively identify and implement process and efficiency improvements
Qualifications:
Skills Required:
- Part/newly qualified ACCA/CIMA/CA accountant.
- Good accounting knowledge with experience of tax accounting and disclosures would be advantageous (UK, IFRS and US GAAP knowledge), particularly in multi-legal entity environment (e.g. experience of consolidations).
- Knowledge of UK/US Tax regulations advantageous but not essential
- Must have the ability to think critically and self-review
- Should challenge accepted processes, and suggest alternative solutions
- Strong control focus while maintaining a high level of client service
- Self-motivated, with a desire to succeed and develop professionally and personally
- Ability to multi-task in fast-paced environment and be a team player.
- Strong interpersonal and communication skills.
- Confident working with colleagues in worldwide business locations.
- Awareness of deadlines and ability to prioritise workload
- Proficiency with Microsoft Office and Excel.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. *LI-CL3