UK Tax Finance Associate

Position Overview

ABOUT APOLLO

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes.

OUR PURPOSE AND CORE VALUES

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:

The leading provider of retirement income solutions to institutions, companies, and individuals.

The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.

COMPANY:
As one of the world’s largest alternative investment managers, Apollo manages capital for hundreds of fund investors in dozens of countries, including some of the most sophisticated institutional allocators of capital. Pension funds, sovereign wealth funds, university endowments, charitable foundations, financial institutions, and family offices alike rely on Apollo to deliver differentiated long-term investment performance.

POSITION OVERVIEW:
At Apollo, we work as one team, partnering across regions and disciplines to share the perspectives and insights that lead us to uncommon opportunities. Our fast-growing international business has total assets under management of over $630 billion, with a team of over 2,700 professionals located in 16 offices around the world.
Apollo’s 50+ person tax team is currently split between the United States, United Kingdom, Hong Kong and India, and collectively covers all aspects of taxation covering matters pertaining to Apollo’s group structure, funds, investments, employees and partners.
This role sits within Apollo’s International Tax function, responsible for the tax compliance, reporting and advisory work relating to Apollo’s Private Equity, Credit and Real Estate funds. The role will cover UK K1 reporting, direct tax, indirect tax, and tax budgeting.
The role will report to the International Group Tax Lead based in London, with additional responsibility to the Tax Finance Director in India.

PRIMARY RESPONSIBILITIES:
• Involvement in quarterly UK executive tax reporting process covering a number of Apollo Funds involving:
o Review of data and preparation of deal tax analysis
o Coordination with Apollo US Tax and Apollo Finance on queries
o Assistance in review of deal analysis spreadsheets and Investor reports
• Assistance in project management of investor reporting process for retail and wealth products. Coordination with PwC, Apollo Finance, Caceis.
• Assist with preparation and ongoing maintenance of the tax budget for management entities and Fund SPVs, anticipating additional filings where new entities are formed or new compliance requirements are introduced.
The individual will also be involved in ad-hoc projects, as business needs require. Typical projects may include:
• Ensure that all fund entities and SPVs maintain compliance with all relevant local taxes, covering direct and indirect taxes.
• Liaise with service providers and fund administrators to ensure that all direct and indirect returns are prepared and submitted in a timely and comprehensive manner including:
o Highlighting complex or uncertain items which require further advice from our broader adviser network
o Ensure careful documentation of positions taken creating a permanent file and communicating areas that represent an opportunity for future change
o Review certain draft returns prepared by advisers
• Assisting the team in ensuring compliance with ATAD (in particular Corporate Interest Limitation and Anti-Hybrids), Controlled Foreign Company rules, Country by Country Reporting and DAC6 (amongst others)
• Manage tax audits and oversee discussions with tax authorities in relation to historical issues
• Collaborate with the relevant Finance team and Administrators to ensure that structures are implemented as designed and all relevant setup filings have been carried out e.g. Double Tax Treaty Passports, VAT registrations etc.
• Assist with tax related matters in relation to new Apollo products including investor due diligence queries and side letter negotiations.

Qualifications & Experience

Chartered Accountant or equivalent qualification. Min. 4 years post qualification experience in tax
• Strong grounding in tax technical matters and familiarity with accounting principles
• Experience of working on multi-jurisdictional tax projects, tax compliance and transfer pricing preferred
• Excellent organisational skills are vital. The role requires the balancing of multiple tasks and progression of numerous workstreams simultaneously
• The individual must be collaborative as the role will involve liaison with both internal and external counterparties across all levels of seniority.
• Highly personable, with ability to influence and create relationships across the globe
• Must be well versed in Microsoft Excel

Apollo provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, veteran status, gender/sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only – candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the role. Any job offer will be conditional upon and subject to satisfactory reference and background screening checks, all necessary corporate and regulatory approvals or certifications as required from time to time, and entering into definitive contractual documentation satisfactory to Apollo.