A newly created role, the Trust and Tax Executive will support the Trusts and Tax Manager in the management and administration of a sizeable portfolio of UK trusts and personal taxation, working closely with a team of wills, trusts and estates lawyers.

The Department

At Mishcon Private, we have a deep understanding of the dynamics and politics of families, family businesses and personal relationships. We understand the issues our clients face and what keeps them awake at night. We know that their concerns go far beyond money and wealth preservation: family issues, reputation, their home, the things they love, or their legacy are far more important. Our business is protecting them, their interests and the things that matter most to them.

Our team at Mishcon Private comprises art, reputation, property, immigration, tax and wealth planning specialists, alongside tenacious litigators who are highly experienced at dealing with both family and business disputes and complex multi-jurisdictional cases. We provide practical and inventive solutions, combining our legal expertise with commercial, real world advice.

We never take for granted the privilege we are afforded by our clients to sit alongside them and be entrusted with their most complex and personal problems. The work we do is never just business, it is always personal and the breadth of Mishcon Private enables us to provide our clients with the support they need whatever their issue may be now or in the future.

The Role

Working alongside Private Wealth and Tax partners and Mishcon de Reya Trust Corporation directors to offer internal accountancy and taxation services; you will be expected to work closely with the lawyers in the team specialising in the administration of trusts and estates. We service the varying needs of a wide range of clients including, ultra-high net worth individuals, Non-domiciled UK Residents, landed estates, entrepreneurs, personal injury and vulnerable individuals, busy professionals and beneficiaries of estates. The work will be primarily UK focused but often encompasses international aspects such as a trustee, beneficiary or tax payer being non UK resident or an estate containing foreign assets.

Duties and Responsibilities

• Supporting all aspects of applications for the Trusts Regulation Service from preparation through to successful registration.
• Gathering required information, performing calculations and dealing with all associated filings and administration for tax returns, income tax, Capital Gains Tax and Inheritance Tax.
• Preparing estate and trust accounts.
• Collating information for TRS/tax returns and compliance with HMRC.
• Liaising with HMRC as required, on behalf of trustees and beneficiaries.
• Building relationships with trustees and beneficiaries as part of ongoing trust management.
• Day to day financial management of trusts incorporating liaison with intermediaries and beneficiaries.
• File management to include, compliance, file opening, billing, financial management etc. ensuring all work is undertaken in compliance with the Firm's documented policies and procedures.

Skills/Experience

• An accountancy qualification, likely to have between 3-5 years post qualification experience working in private practice.
• Some experience of working in a private client focused environment preferred.
• Ability to work effectively on own initiative, and as part of a team, to deliver consistently high quality work.
• Well-developed time management skills, with the ability to juggle tasks for different stakeholders whilst meeting deadlines.
• Able to communicate clearly and concisely with a variety of different people, tailoring approach as needed.
• Exceptionally strong IT skills (MS Excel) together with a good working knowledge of HMRC online platforms etc.
• A forensic level of attention to detail, checking own work (and input from others) for consistency and completeness.
• Experience of using file/matter/document/time management systems and in following documented quality control procedures in a professional environment.
• Experience with international clients, beneficiaries and assets.
• Previous trust management experience welcomed but not essential.

Please note that this job profile is not an exhaustive list of duties but merely an outline of the key components of the role. You may be required by your line manager to take on additional responsibilities when requested.

About The Mishcon de Reya Group

The Mishcon de Reya Group is an independent, international professional services business with law at its heart, employing over 1450 people with over 650 lawyers. It includes the law firm Mishcon de Reya LLP and a collection of leading consultancy businesses that complement the firm's legal services.

Mishcon de Reya LLP is based in London, Oxford, Cambridge, Singapore and Hong Kong (through its association with Karas So LLP). The firm services an international community of clients and provides advice in situations where the constraints of geography often do not apply. Its work is cross-border, multi-jurisdictional and complex, spanning seven core practice areas: Corporate; Dispute Resolution; Employment; Impact; Innovation; Private; and Real Estate.

The Mishcon de Reya Group includes consultancy businesses MDR Discover, MDR Mayfair (in London, Singapore and Dubai), MDR ONE, MDRi(in Hong Kong) and MDRx. The Group also includes MDR Lab, which invests in the most promising early stage legaltech companies as well as the Mishcon Academy, its in-house place of learning and platform for thought leadership.

Earlier this year, the Group announced its first strategic acquisition in the alternative legal services market, flexible legal resourcing business Flex Legal. It also acquired a majority stake in Somos, a global group actions management business.

We strive to create a fully diverse and inclusive workplace where all our people are empowered to fulfil their potential. We are proud of our agile working culture and are always happy to talk about flexible working.

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