Tax Manager, New Zealand

Position Purpose

The NZ Client Delivery team covers a customer-focused group of functions specifically responsible for providing client service and support, effective interaction and day-to-day service delivery to clients. This team works closely with relationship management, the client and various operations teams of BP2S, in NZ and Australia and in offshore locations, and consists of the following underlying departments:

- Fund Accounting
- Unit Pricing
- Financial Reporting
- Registry
- Performance and Compliance services
- Tax
- Custody
- Change & Transformation

The services provided by Client Delivery include the generation of accurate daily unit pricing, fund accounting, financial reporting, performance calculation and reporting, mandate compliance monitoring, tax services and registry processing. As well as various reporting services in line with client Service Level Agreement (SLA) requirements, and consistent with BP2S policies, legislative requirements and operational risk guidelines.

This team also manages any client related change including onboardings, transitions and material change to existing clients and is responsible for the investigation, management and resolution of any client queries and issues. The team supports the ongoing fulfilment of service delivery to clients through representation alongside the Relationship Management and Client Service functions.

The Tax Manager role performs a key function within the Operations Division. There will be extensive interaction with the Fund Administration and Registry teams, the role will be responsible to tax technical development. Contribution to delivering client service and support by providing accurate and comprehensive technical tax reporting and meeting client Service Level Agreement requirements.

All services delivered within this role are required to consider current legislative and regulatory requirements in relation to tax, and they must comply with operational risk guidelines. Also the investigation, management and resolution of any client queries and issues relating to tax issues are the responsibility within this role. This role supports the ongoing fulfilment of tax administration services delivery to Clients.

There is a frequent requirement for this role to cross over between the Fund Administration and Registry departments and deal with a wide range of people and levels within the organisation. This requires the person to have strong communication skills and be able to establish and maintain effective relationships within the business as well as external to the business (e.g. clients, CFO’s and Trustees). It is also essential that the person is hands on and available to assist with taxation issues wherever needed within these teams.

This position can act as an ongoing trouble shooter for other areas and is responsible for investigating, analysing and resolving taxation queries, problems and differences that regularly arise during the tax reconciliation process or from the take on of new clients or products by BNP Paribas. It is essential that the team member has initiative, strong analytical skills and is able to work effectively with other team members to resolve any problems and to improve efficiency.

The Tax Manager also plays a crucial role in the analysis of errors, including reviewing the calculation of corrections and impacts to various transactions/processes.
- Contributory leadership participation with the NZ business
- Actively participation in client presentations and meetings (as required)
- Act as an internal SME for client RFPs and Due Diligence
- Provide technical advice and leadership to production teams in the execution of client initiatives which would include but not be limited to:

- Client Fund Restructures
- Complex Transaction Analysis and Compensation Calculations
- Error analysis
- Assist in the technical training of team members
- SME for the NZ Operating Model with sound understanding of the NZ PIE regime and fund structures

The role will be the business and technical expert who ensures the impact of any significant internal or external events are successfully managed.

The role also comprises substantial inter-departmental contact and as such requires excellent interpersonal ability as well as direct client contact to deal with queries and technical issues. The role requires a strong service ethic and quality focus applied through behaviours and work produced. The role must consider and meet operational risk and compliance requirements throughout the preparation and delivery of work and ensure relevant compliance records are maintained.

The role requires motivation to achieve individual and team goals and to growing technical ability and business knowledge. This will be achieved through participation in on-the-job training & education, attending industry forums and remaining aware of policy and regulatory changes.

Key Responsibilities

1) Taxation Administration
- Perform necessary tax rec