Partnership Tax Accountant

Recruiter
Trowers & Hamlins
Location
South East England
Salary
Competitive
Posted
14 Jun 2019
Closes
10 Jul 2019
Sectors
Accountancy
Contract Type
Permanent
Hours
Full Time
Trowers & Hamlins is a City-led, international and national law firm with over 130 partners and 830 staff. With offices across the UK, Middle East and Far East, we provide a full-service integrated offering.

Our clients operate in diverse industry sectors such as construction, transport and infrastructure, banking and financial services, distribution and logistics, education and health, hotels and leisure, defence, engineering and surveying, charities, retail and energy and natural resources. We also act for many high net worth individuals.

We are different and we believe it is our people that make us unique. We expect and respect that you and your talents are too. The truth is we don't prescribe who you are or how you ought to be. It's what you can do that interests us most.

While the work on offer is rewarding and often complex, the qualities we look for are simple. The ability to get on with people from all walks of life, for example. To talk and to listen. To develop the sorts of relationships that mean you win the friendship and loyalty of clients and colleagues alike. In short, to connect. These are the characteristics our people all have in common. They are vital, as is the drive and imagination to use your unique talents to the full. We will help you in this. In fact, we will support you in every way we can.

Job Description

We are looking to recruit a Partnership Tax Accountant to join the busy Finance department in our London office.

Principle responsibilities:

Dealing with queries from partners regarding their pay and tax affairs on a day to day basis
Meeting new partners and going through new partner checklist covering capital, tax reserves, drawings and setting up agency at HMRC
Completing annual tax provision spreadsheet and journals
Preparing partners' tax returns together with other Partnership Tax Accountant
Organising 31 January tax payments to HMRC and posting journals for tax payments
Tax planning for partners including relief available for pension contributions together with other Partnership Tax Accountant
Preparing half yearly tax reserve statements for partners and release of tax reserve balances following closure of tax year together with other Partnership Tax Accountant
Calculating partner net of tax drawings allowances on joining, promotion, flexible benefits window, maternity and keeping in touch days; posting journals therefrom
Calculating partner drawings following pay review together with Partnership Tax Assistant
Co-ordinate setting up, amending and cancelling standing orders to partners
Calculating capital requirements in accordance with HMRC, liaise with partners, calculate and post interest on capital
Request for certificates of loan interest paid from bank and check to internal records
Liaising with Payroll regarding changes to Directors' fees
Dealing with company secretarial documents and filings for Members / Directors
Calculating partner full year profit share entitlement for accounts purposes
Preparing partner statements showing amounts credited to their current accounts as part of year end entries
Preparing monthly actual and budgeted partner charges and journals
Drafting mortgage reference letters together with other Partnership Tax Accountant
Meeting departing partners and going through leaving partner checklist. Settling current accounts balances for leavers
Maintaining partner list and ensuring CCH Personal Tax is up to date
Dealing with HMRC enquiries into partners' tax affairs
Cover for other partnership tax accountant and team
Ad hoc projects, which are wide ranging given the small size of the tax team and cover all the tax affairs of the firm and partners

The list of duties is not exhaustive and is intended to provide a general idea of the main duties of the job. As such the role may also include undertaking additional tasks as required.

Person specification:

Ability to prioritise work effectively and meet deadlines
Good communication skills both oral and written
A strong team player
A positive and proactive attitude
An ability to operate autonomously
Drive and enthusiasm
Strong attention to detail with a methodical and logical approach
Able to process large volumes of data quickly and accurately
High levels of confidentiality, discretion and diplomacy

Experience:

ATT qualified or qualified by experience
Minimum 4/5 years in personal tax
Previous experience working in-house in legal sector
Good working knowledge of Excel
CCH personal tax software
Elite practice management system

Additional Information

As part of our firm recruitment policy our candidates are subject to employment screening background checks. These checks include personal details, education and employment history, professional qualifications and credit and criminal checks as appropriate.

Trowers & Hamlins is an equal opportunities employer and we welcome applications from every sector of the community. All applications will only be considered on merit and the applicant's suitability to meet the requirements of the role.

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