Job Description

Janus Henderson Global Investors is a leading independent global asset manager, dedicated to delivering the best outcomes for clients through a broad range of actively managed funds. 

We provide our institutional, retail and high net-worth individuals with access to skilled investment professionals representing a broad range of asset classes including, equities, fixed income, multi asset and alternatives. 

We are a team of independent thinkers who work tirelessly to help our clients achieve their goals – and we do it by fostering an energetic and collaborative culture that ensures our people love the place they work.

Headquartered in London, Janus Henderson is a truly global asset manager with a diverse geographic footprint, managing assets from 27 offices globally and employing more than 2,000 staff.

Corporate Title: Fund Tax Accountant

Department: Fund Operations, Global Operations

Reporting Line: Fund Tax Oversight Manager

Location: London

Regulated Role: No

In-scope of Knowledge & Competence (MiFID II): No

The Department

Janus Henderson Investors operates an outsourced operating model, in partnership with our key Third Party Administrator (TPA), BNP Paribas Security Services (BNP) who provides much of the operations production. The primary focus of the Operations team is the oversight and management of the TPAs.

Fund Operations delivers the core operational oversight of the fund accounting, unit pricing, transfer agency, investor services, financial reporting and operational tax.

Fund Operations, London oversees Janus Henderson’s range of European based funds including OEICs, Unit Trusts, Investment Trusts, Irish ICVCs, Luxembourg SICAVs and Cayman Hedge Funds.

Overview of the Role

As part of a small team you will be responsible for working with the TPAs, tax agents and the wider Janus Henderson business to provide the day to day management of Operational Tax activities associated with the European Janus Henderson open ended fund ranges, including funds in Luxembourg, Ireland and the UK, the Investment Trusts and the Cayman hedge funds. 

You will assist with the development, implementation and maintenance of the tax risk monitoring framework, assessing the tax risk in funds and investments and manage an outsourced service with streamlined oversight and controls that aligns with the agreed company risk appetite.

You will provide tax technical support to Operations and the wider business.

Duties and Responsibilities

Manage tax risk and compliance across the fund ranges.

TPAs and tax agents

  • Oversee and manage outsourced fund tax filings, tax related accounting provisions and audit queries
  • Oversee tax deliverables in-house, and at administrator and custodian
  • Oversee tax agents – investor tax reporting and tax specific requirements for jurisdictions where the funds invest or are distributed
  • Oversee tax filings in various investment jurisdictions (e.g. India) and manage engagements with local tax agents
  • Manage tax reclaim processes with TPAs and tax agents
  • Review and complete custody tax documentation where required
  • Document tax compliance obligations
  • Review and implement tax services to meet legislative changes and to ensure compliance to relevant local tax requirements (at fund, investor and portfolio levels)
  • Regularly review SLAs and implement any required enhancement of tax services
  • Complete due diligence reviews on outsourced services
  • Carry out additional duties as assigned

Tax Risk Monitoring Framework

  • Define, identify and quantify Operational tax risks
  • Contribute to the framework for the minimisation of Operational tax risks
  • Maintain documented policy and complete review process for uncertain tax liabilities
  • Non custodian reclaims – maintain documented policy for determining which reclaims to make and recognition within NAV / financial statements.
  • Assist with the operation of offshore fund recognition controls with TPAs
  • Ensure compliance with the Operational tax risk governance controls and escalation of breaches
  • Carry out additional duties as assigned

Tax Technical

  • Active involvement in new instrument assessments / markets and tax change to reduce tax risk and provide support to front office and product
  • Assess and summarise legislative changes across jurisdictions and work closely with fund accounting team and TPAs to highlight and implement any operational changes
  • Report  to internal committees and Fund Boards to update on tax changes and risks and controls
  • Carry out additional duties as assigned


Save Job