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Tax and partner finance assistant

London
Permanent
Finance assistant
Posted: 25 April
Offer description

The Opportunity Key Internal Relationships: Head of Partner Finance, Tax Processes & Controls Tax & Partner Finance team London and regional Business Finance teams Key External Relationships: Lloyds bank Barclays bank Primary Responsibilities: Reporting to the Partner Finance Manager and assistance with Partner Finance matters as well as involvement with the wider Tax & Partner Finance team on various Tax & Partner finance matters Key Responsibilities: Partner payments Preparation of relevant workings and paperwork required to deliver Partner remuneration efficiently Assisting the Partner Finance Manager and Partner Finance Accountants to ensure all payments to Rest of World partners are made in a coordinated and timely manner and have been subject to appropriate approval. This includes: Monthly drawings Recording and communicating the lock-up incentive scheme results Quarterly drawings for Up to the Review Point partners (URPs) Distributions (URPs) Issuing advisory emails to local finance teams in relation to quarterly payments Reconciliations Assisting the Partner Finance Manager and Partner Finance Accountants with the reconciliation (not limited to) of: Partner Drawings Partner Current Accounts Partner allowances Sundry debtors Recharges Assisting the Partner Finance Manager and Partner Finance Accountants with the processing of recharges (not limited to): CIGNA Life assurance PHI Critical illness cover Medical insurance Dental insurance Gym membership Partner Capital Assisting the Partner Finance Manager and Partner Finance Accountants with administering and reconciling partner capital. This includes: Maintaining capital information packs/forms Administering the annual capital call Issuing capital information packs to lateral and progression candidates Reconciliation of the banks' interest charge Calculation of the additional entitlement Maintaining the monthly reconciliation Other responsibilities Preparation of income letters for partners in support of mortgage applications etc Maintaining partner information in Workday Preparation of ad hoc partner payments Assisting with the process for adding new partner bank accounts to payment systems including call backs to confirm details Assisting with the preparation of Partner cash flow statements Assisting with the preparation of Partner current account statements Tax Reporting, Processes & Controls Assisting the TRPC team as follows: Partner Tax reserve releases - arranging payments to partners and posting journals Tax computation - ledger analysis and review of output of AI tool Other Providing assistance to the Tax & Partner Finance team on ad hoc work or projects as required. Key Performance Indicators: Proactive assistance within the Tax & Partner Finance team Maintenance of accurate and clear data and reconciliations Proactive and clear communication of information to relevant stakeholders Qualifications, skills and experience: The successful candidate should have an initial tax or accounting qualification or should be currently studying (e.g. ATT, AAT, ACCA). Comprehension of basic accounting and journal entries (i.e. knowledge of double-entry bookkeeping) Intermediate MS Excel skills Team Business Finance Working Pattern Full time Location London Contract type Permanent Contract Diversity & Inclusion We are committed to attracting people from all backgrounds and creating a respectful and inclusive culture where everyone thrives. We see this as essential to our success, including our ability to innovate and achieve sustained high performance. This is a key part of our Values—Human, Bold, and Outstanding.

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