Estates Tax Compliance Manager

Key tasks, duties and quality standards

• Providing legal and tax compliance in relation to the administration of deceased estates
• Compliance Work including:
  • Preparation of annual Estate Tax Returns
  • Registration of Trusts and Estates on HMRC Trust Register
  • De-registration of Trusts and Estates on HMRC Trust Register
  • Maintenance of HMRC Trust Register
  • Inheritance Tax Returns (IHT100)
  • Capital Gain Tax Property (60 Day) Reports

• To assist the department as a whole in meeting its fee earning targets by providing help regarding advice and assistance to clients of the department as well as other departments of the firm.
• Conduct of matters on behalf of clients
• Shows willingness to become involved in activities of the firm both within and outside of the department to which the individual is assigned.
• Understands and undertakes referral of work to relevant departments and recommendation of work for other departments.
• Is involved in practice development and marketing activities for the department, office and firm with little need for supervision/guidance.
• Financial control with particular regard to cash-flow control through collection of monies on account and billing procedures.
• Travelling to client meetings both in and outside the UK when required
• Promoting good file management
• To ensure compliance with regulatory procedures.
• To maintain professional knowledge base including attainment of annual CPD points
• To assist during the absence of other fee earners
• Undertake other duties as from time to time required

Additional and or different duties

This job description is non exhaustive and the firm reserves the right to vary the duties and responsibilities of the post holder at any time according to the needs of the firm’s business.

To be successful in this role, we are seeking the following:

Qualifications

Any of: Qualified Solicitor; Fee Earning Paralegal; Fellow of the Chartered Institute of Legal Executives; ATT; or CTA.

Essential personal qualities, skills and abilities

• Demonstrates competence in the chosen area of law and practice (and a sufficient understanding and awareness of all relevant areas of law as appropriate) but recognises the need to develop and learn
• Achieves targets in respect of chargeable hours, fees, recovery rate, lock-up and non-chargeable time as appropriate
• Understands and undertakes referral of work to relevant departments and recommendation of work for other departments
• Shows willingness to be involved in activities of the firm outside of work within the department to which the individual is assigned
• Is involved in practice development and marketing activities for the department, office and firm with little need for guidance/supervision
• Demonstrates a clear understanding of, and alignment with, the values of the firm
• Demonstrates a high level of courtesy and respect in dealing with all colleagues, clients/key business introduces
• Demonstrates a good sense of commercial awareness

Essential skills, knowledge and abilities

• Sound training
• Well developed interpersonal, social and communication skills including an appreciation of the vulnerability of some of our clients, both generally and also specifically at distressing times
• Ability to work effectively as part of a team
• Ability to work effectively under pressure
• Computer literate with an ability to develop its use in own functional area
• Enthusiasm and commitment
• A sound knowledge of your responsibilities as a member of the firm including in the following areas:
  • Rules and principles of professional conduct
  • Client care
  • Conflicts of interest
  • Confidentiality
  • Relations with third parties
  • Relations with other solicitors
  • Regulatory and compliance procedures

Desirable skills, knowledge and abilities

• Relevant STEP Certificates
• Prior knowledge of regulatory requirements