Manager, Tax Reporting (Funds Services) - Parramatta / Sydney

Company description:

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

Job description:

Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

HSBC Markets & Securities Services (MSS) provides robust and reliable solutions that enhance performance and mitigate risk, today and for the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations, Markets & Securities Services offers a range of fund administration, global custody sub-custody and clearing services.

The Fund Services Team is a client-focused business, servicing Asset Owners and Asset Managers. Asset Owners include Life Insurance Funds, and Superannuation Funds and Asset Managers supporting those Funds and Trusts. We provide consistently high levels of service to our clients and operational efficiency in the funds service offerings, including Accounting and Valuations, Regulatory Financial Reporting, Tax Services and Transfer Agency.

Taking on the role of Manager Tax Reporting during a time of growth, you will join a team of experienced professionals, overseeing established offshore tax operations so that you can focus on additional value add activities, ensuring client needs are met while maintaining technical regulatory requirements. HSBC's provision of Tax services across the multiple facets of fund services regionally, gives you the ability to expand your exposure in a truly global banking environment.

This role can also be based in Parramatta or the Sydney CBD Barangaroo Office.

Your main responsibilities will include:

• Delivering a consistently high standard of client services to fund managers and institutional clients.
• Providing consultative advice to offshore operations teams, using local Fund Services knowledge and Funds specific tax expertise.
• Management and oversight of Tax Services including the review of distributions, tax returns and BAS, to ensure professional presentation of tax calculations to clients.
• Active involvement in projects working with Product and Operations regarding requirements to support new business and existing clients with tax regulatory change.
• Continuously enhancing our services to clients to deepen relationships, taking advantage of the ongoing technological and system advances of the Tax Services offering.
• Embracing the HSBC University approach to personal development to constantly challenge and uplift professional development.
• Motivation and coaching of staff on and offshore to maintain client deliverables.
• Being aware of the Operational Risk scenarios associated with your role and acting accordingly.
  
  

To be successful in this role, you will need:

• Significant tax operational experience in Managed Investment Schemes / Fund Services and its application to investment accounting, valuation, distribution calculations and tax returns.
• Ability to provide professional guidelines to clients on Australian tax matters underpinned by a sound understanding of the Australian Tax law.
• A genuine client focus with strong interpersonal skills providing the ability to develop and maintain strong internal and external client relationships.
• Strong analytical, project management and problem-solving skills.
• Excellent written and verbal communication skills.
• A university degree with post university qualifications / specialisation in tax. CA/ CPA qualification essential.
  
  

Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations.

As an HSBC employee in Australia, you will have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised financial benefits, bonus leave days and wellness programmes including discounted gym memberships.

We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment.

Applications from First Nations peoples are encouraged.

Learn more about careers at HSBC Australia - https://www.hsbc.com/careers/where-we-hire/australia

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. Issued by HSBC Bank Australia Limited. Please note that HSBC will we never communicate to applicants via non-HSBC channels such as SMS, WhatsApp or Facebook so please be careful if anyone attempts to contact you via these channels.

Profile description:

Taking on the role of Manager Tax Reporting during a time of growth, you will join a team of experienced professionals, overseeing established offshore tax operations so that you can focus on additional value add activities, ensuring client needs are met while maintaining technical regulatory requirements. HSBC's provision of Tax services across the multiple facets of fund services regionally, gives you the ability to expand your exposure in a truly global banking environment.