Tax Operational Specialist, Sova Capital Limited

Tax Operational Specialist, Sova Capital Limited

SOVA Capital Limited is an FCA authorised and regulated broker based in London. We offer institutional and corporate clients a full range of investment brokerage services, including independent research, securities trading, electronic and high-touch execution and public capital markets financing.

Now we're looking to recruit a Tax Operational Specialist (Moscow) on a full time, permanent basis to join the existing international team.

Overall Responsibilities:

- Supporting tax matters involving CRS, FATCA, DAC6 and tax transparency

- Supporting issues related to FATCA, CRS & QI, QDD changes relating to the UK tax legislation

- Compliance with QI, QDD, FATCA and CRS regimes obligations:

* Identification and documentation of clients (U.S. Tax Forms W8, W9; FATCA&CRS self-certifications)

* Verification of withheld tax

* Annual tax returns preparation

* Monitoring of tax legislative changes and their impact on the firm

* Assistance in preparation of effective internal controls

- Preparation and control of Tax data in accordance with procedures, ensuring timely distribution of 1099/1042-S reports, ensuring accurate and timely preparation of Form 1042

- Preparation and submission of AEOI reporting to HMRC

- Transaction taxes monitoring:

* Compliance with the various regimes - UK & Irish SDRT, UK & Irish PTM Levy, French FTT, Italian FTT, Hong Kong Stamp Duty, Polish TCLT, Greek Sales tax;

* Verification of withheld tax

* Tax returns preparation

* Communication with local Tax authorities relating to various issues

- Maintaining tax data in internal systems:

* Annual reconciliation of clients’ tax documentation

* Validation of reports prepared by other departments

* New clients and accounts approval

- Initiating and driving the modernisation of tax processes in line with various tax regimes

- Revision of QI, FATCA and CRS provisions within legal documentation (i.e. GMRA, GMSLA, ISDA)

- Initiating the development and refinement of the internal policies and procedures, risk management, and controls

- Providing timely and accurate comments for a variety of business transactions including: Capital Markets Origination, Venture Capital, New Products and Business initiatives, etc. with respect to operational taxes and potential consequences

- Seeking and coordinating advice from external consultants, service providers and local tax authorities in the operating countries


Key Requirements:

- Master’s degree in finance, economic, tax

- ACCA, FSFR Certificates (1.0, 5.0)

- Fluent English

Professional background:

- Brokerage houses and firms, global financial institutions, international banks, stock exchanges or Accountancy/Consulting Firm (Big 4 if possible)

- Excellent knowledge of international and Russian legislation on financial markets, Knowledge of Russian and UK tax legislation and international tax principles

- Experience of working in financial services or Professional Services firm
A good understanding of investment / brokerage firms and tax regulatory requirements/expectations



- Full-time job

- Permanent contract

- Competitive salary

- Comfortable office + remote

- Social package

Sova Capital Limited

SOVA Capital Limited - частный независимый институциональный брокер, основанный в 2004 году
и регулируемый Управлением по финансовому регулированию и надзору Великобритании.

Мы оказываем широкий спектр инвестиционно-банковских услуг институциональным
и корпоративным клиентам. Среди этих услуг - привлечение публичного
и долгового финансирования, трейдинг, депозитарно-брокерское обслуживание
и независимое аналитическое покрытие.

Job type Full-time
Experience level Senior
Salary per month 210000 - 230000 RUB
Region Russia (Россия), Москва
Location Remote as option

Published: 09/02/2022