TRUST ADMINISTRATOR - #2107656

JOB TITLE: TRUST ADMINISTRATOR

LOCATION: Manchester City Centre

HOURS OF WORK: 9 am – 5. 30 pm Monday to Friday

BENEFITS: Excellent Benefits

Main Purpose of the role:

• Reporting to the Tax and Estate Planning Partners
• Providing administrative support to the Tax and Estate Planning department

JOB DESCRIPTION:

• Will report to two Partners
• Review existing records and maintain a record of Trusts where the client is appointed as a professional Trustee to help ensure that they are meeting their obligations as Trustees, keeping on top of key dates and offering excellent service to our Trust clients.
• Obtaining instructions from clients to offer ongoing Trust administration services as professional trustees.
• Acting on key dates by advising relevant fee-earners and contacting clients where necessary.
• Prepare and maintain accurate and up-to-date Trust Accounts, to include details of Trust assets and income & summaries of key points and events relating to the Trusts.
• Maintain copies of Trust documentation in an organised and easily accessible manner.
• Schedule annual review meetings with the Trustees, financial advisers and other relevant parties.
• Prepare file notes and resolutions of important Trustee decisions.
• Prepare reports to Trustees/clients to include annual Accounts and any recommendations or relevant changes to legislation.
• Ensuring that Trust assets are registered to the correct Trustees.
• Ensuring that other ongoing requirements are met, e.g. payment of regular policy premiums or insurance cover is in place
• Working closely with the Tax and Trusts Compliance Adviser to ensure that compliance and tax matters are dealt with as required, including:
• Registration and updates with the Trusts Registration Service (TRS)
• Registration and any filing of returns under the Automatic Exchange of Information (AEOI) – including FATCA / CRS returns
• Applying for Legal Entity Identifier (LEI) numbers where relevant
• Submission and filing of Trust tax returns, such as self-assessment tax returns (SA900), 60-day CGT Returns and inheritance tax returns (IHT100) and co-ordinating tax payments or liaising with accountants / relevant parties to ensure requirements are dealt with, including checking of returns to ensure they correspond with our records
• Ensuring any additional requirements for specialist Trusts are dealt with, such as Vulnerable Person’s Elections or any Charity Commission requirements

PERSON SPECIFICATION:

• Willing to work as part of a team and communicate with clients, intermediaries and other fee-earners and partners in the team
• Experience is not essential – it is desired
• Good attention to detail
• Ability to understand the significance of key dates, such as tax deadlines, and to act quickly to deal with the required actions
• Can take initiative and make suggestions on next steps based on information available
• Can produce legal documents and use Word, Excel and Teams to produce documents and maintain records
• Willingness to attend courses (if not already) on Trust Accounting and Taxation of Trusts (e.g. STEP, MBL) and opportunity to work towards STEP qualification if appropriate

Maze Recruitment will never share your CV with any third party without your explicit consent. As part of our candidate care commitment, and due to the high volume of applications we receive, we aim to respond within 24– 48hours. If you do not hear from us in this timeframe, please consider your application unsuccessful on this occasion. We encourage you to apply for future opportunities that align with your skills and interests.