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Apply NowSenior Partnership Accountant in London
Location:
London
Salary:
Hidden
Recruiter:
Herbert Smith Freehills
Job Hours:
Full-time
JOB DESCRIPTION
Head of Partner Finance, Tax Processes & Controls, Senior Manager – Partner Finance (Lon), Senior Manager – Partner Finance (Aus), Partner Finance Manager, GC&R, HR, partners and key Business Finance stakeholders To ensure Partner Finance delivers a consistent, seamless service to partners globally. To develop Partner Finance systems and controls, including greater use of consistent process and technology. Supervision of Partnership Accountant. Supervision of Tax & Partner Finance Assistant in relation to their Partner Finance responsibilities. Work closely with the Partner Finance Manager to oversee resources and processes and to provide timely and accurate information for management in a fast-moving environment. Help contribute to a collegial, supportive and enjoyable environment in which to work where team members feel they are being developed to enhance their contribution to the Firm. Provide coaching and support to new and existing team members. Preparation of relevant workings and paperwork required to deliver Partner remuneration efficiently. Ensuring all payments to ROW partners are made in a coordinated and timely manner and have been subject to appropriate approval. This includes: Payment modelling Quarterly Distribution (Beyond Review Point partners) Distribution (Up to the Review Point partners) Lock-up incentive scheme Quarterly Drawings (Beyond Review Point partners, Up to the Review Point partners, and advisory emails to local offices Quarterly Memos (including comms on lock-up incentive scheme results) Preparation and distribution of individual cashflow statements for partners Annually Ad hoc (Lateral hire, retirees, unpaid leave etc) Provision of timely, accurate information for management – for example, distribution forecasts and partner cash flow forecasts Preparation of monthly global cashflow Oversight and supervision of Partnership Accountant in respect of their responsibilities in relation to: Member Equivalent Drawings & Current Account Reconciliations Individual Cashflow Forecasts and Current Account Statements Sundry Debtor Reconciliation FX & system currency Journals Payment Schedule for Banking Provision of partner statistics to stakeholders Surveys Preparation of loan notes Provision of information to Tax Reporting, Processes & Control team for UK tax computation in relation to unpaid salaries Budget Partner secondment allowances Primrose Street protocol – fund calculation Partner recharges IT Equipment Car Parking Payments to partners for outside roles UK Tax Group - Personal Tax / Fees Christmas Party Retirements – review of any issues Laterals / Promotions / Progressions / Secondments - Annual salary Partner Queries Finance Queries Providing assistance in moving partner data from MS Access database to new HRIS Preparation and distribution of individual current account statements for partners Provision of information to Tax Reporting, Processes & Control team for member equivalent accruals calculation Preparation of Lifeboat journal Fielding audit queries Partner gender pay reporting Ongoing evaluation of best practice and identify operational improvements in Partner Finance team processes. Developing and maintaining strong relationships with Business Finance stakeholders. Consideration of local accounting, group accounting and related tax, foreign exchange and partner remuneration issues. Fulfilment of the Partner Finance team's obligations in an efficient and timely manner. Timely dissemination of information to relevant stakeholders Accuracy of information provided Qualified accountant and/or tax adviser 5 years professional partnership experience working in legal or large corporate organisations Attention to detail with a high level of accuracy Excellent written and oral communication skills Strong organisational skills and ability to prioritise
About Herbert Smith Freehills
As one of the world’s leading law firms, we advise many of the largest and most ambitious organisations across all major regions of the globe. With over 5,000 people, including 3,100 lawyers and over 2,000 business services professionals, operating from our global network of offices across Asia Pacific, Europe, the Middle East and North America, Herbert Smith Freehills is at the heart of the new global business landscape providing premium quality, full-service legal advice.
We recognise that the success of our business and our clients relies on the skills, knowledge and ideas of all our people. Our environment is one in which high performance is expected, in return, we will provide you with rewards and opportunities tailored to your personal and professional goals.
The Opportunity
The Opportunity:
Key internal relationships:
Primary Responsibilities:
Assisting the Head of Partner Finance, Tax Processes and Controls:
Core responsibilities:
Key Performance Indicators:
Qualifications, skills and experience:
Team
Business FinanceWorking Pattern
Full timeLocation
LondonContract type
Permanent ContractDiversity & Inclusion
At Herbert Smith Freehills you will be part of a diverse, innovative culture where high performance, client focus and highly engaged people are our differentiator. People at our firm come from a range of backgrounds and bring a wide variety of experiences and perspectives to their work with us. We strive to ensure that our inclusive environment means you feel valued and able to perform at your best by being your authentic self at work. We know that our future success not only depends on being innovative and progressive in the changing legal market but, most importantly, on our people feeling highly engaged in meaningful work.
We understand that you have commitments and personal interests outside of work and we strive to create a working environment based on mutual trust and respect, in which you can perform at your best whilst maintaining sustainable balance across your life.
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