BDO LLP is an accountancy and business advisory firm, we provide integrated advice and solutions to help businesses navigate a changing world. Our clients are Britain's economic engine - ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy.We share our clients' ambitions and their entrepreneurial mind-set. We have the right combination of global reach, integrity and expertise to help them succeed.BDO LLP operates in 17 locations across the UK, employing 5,000 people offering tax, audit and assurance, and a range of advisory services. BDO LLP has revenues of £590m and is the UK member firm of the BDO International network. The BDO global network provides business advisory services in 162 countries, with 80,000 people working out of 1,500 offices worldwide. It has revenues of $9bn. Overview The Trust & Estates department, based in our Aldersgate, London office, deals with tax planning and compliance for trusts, estates and private charities. The purpose of the role is to provide high level consultancy advice to trust, estate and charity clients particularly on tax and accounting issues regularly managing the entire case, delegating to junior members of the team where appropriate. Responsibilities
• Responsible for the management of a varied caseload of ongoing and one off matters, and resolving trust, estate or charity queries
• Review accounts and tax returns prepared by others.
• Act as the administrator for complex trusts and charities and attend/chair trustee meetings, taking minutes where appropriate.
• Take responsibility for managing BDO's in house trust company, Snow Hill Trustees Limited.
• When issues require outside advice, prepare instructions accordingly, including legal cost management
• Provide advice to partners and clients on trust, estate or charity issues
• Manage one-off tax projects by providing both advice and technical support on restructuring of complex UK/non UK resident trust structures with UK/non UK domiciled individuals
• Assist the head of Trusts and Estates department with all aspects of running the department
• Understand client needs and communicate with them in layman's terms
• Agree and negotiate fees with clients per engagement and monitor WIP levels
• Provide input for policy setting
• Develop good working relationships with third parties including but not limited to law firms, trustees, investment managers and administrators.
• Deal with technical queries from HMRC, delegating to others where appropriate
• Originate the production of technical material and/or marketing initiatives such as writing articles and factsheets and attend marketing functions
• Seek opportunities for marketing the department, promoting its services, developing contacts and making introductions wherever possible
• Build good working relationships with internal and external clients, maximising cross selling opportunities, development and technical "know how"
• Be known as a technical specialist across the firm.
• Manage the development of junior team members, delegating and training where appropriate Requirements
• Proven specialist technical private client experience, gained within a practice environment is essential
• Proven experience providing trust, estate and charity advice to high net worth individuals
• Degree or equivalent; a member of STEP / CIOT highly desirable
• Excellent technical, problem solving and analytical skills
• Excellent communication skills, both verbal and written
• Able to meet deadlines, multi task and work under pressure with accuracy and focus
• Proven planning and prioritising skills
• Strong organisational and time management skills
• Able to influence internal / external clients and colleagues
• Competent at using MS office; Word and Excel