Head of Partnership Finance

LF12793
  • Competitive
  • City of London
  • Permanent

Our client is an international law firm with offices in New York & London. They are an award-winning practice featuring in the Sunday Times 100 Best Companies to Work For and numerous other industry specific awards.

They have a flexible benefits package that includes 25 days holiday with ability to buy more, in-house doctor, good pension scheme, private medical insurance, subsidised gym membership and dental cover.

The Head of Partnership Finance will work closely with the CFO and other Senior Management in relation to partnership accounting and tax affairs of the Firm and Partners. Leading a small team of specialists, this role is ultimately accountable for delivering 

Partnership Finance: Overseeing a team that is responsible for the accounting and reporting of partner remuneration, payments, capital contributions and other partner balances on a partner-by-partner basis for over 250 partners globally and leading on REM from a finance perspective.

Tax: Proactively lead on the tax affairs for the Firm, collaborating with key members of the Finance team to deliver a first-class service to the firm.

Projects / Advisory: Utilising expertise and an in-depth knowledge of the Firm, the Head of Partnership Finance will draw all these functions together and act in an advisory capacity to senior stakeholders (including at Board level) on strategic projects relating to potential mergers and acquisitions, both locally and internationally.

Responsibilities

  • Managing Partners' financial affairs (draw, distribution, profit reserving and partnership capital);
  • Ensuring compliance of all filing requirements across all jurisdictions where the Firm operates, working with advisers where necessary.
  • Managing the preparation and submission of Partners' UK and International tax returns, ensuring any issues raised by Partners or local tax authorities are dealt with in a timely manner.
  • Liaising with the external advisers on global tax reporting for partners.
  • Managing the process of onboarding and exiting partners.
  • Calculation of UK and International tax payments to relevant tax authorities, including payments on account.
  • Lead on the REM process from a Finance perspective.
  • Work with direct reports to proactively monitor the potential consequences of changes to tax legislation and advise the business on appropriate actions, if any.
  • Support direct reports and actively manage the relationship with the Firm's professional advisers to maximize the value derived.
  • Play a significant role in contributing towards advisory projects - including the structuring of new developments, acquisition, financing, capital allowance projects and transfer pricing.

Candidate Profile

  • A relevant recognised qualification such as ATT/CTA/ADIT/ACA/ACCA/CIMA is required.
  • Experience of working with senior (executive level) business stakeholders, demonstrating the gravitas and presence to inspire confidence.
  • Excellent written and verbal communication skills at all levels of seniority; capable of dealing with people in a calm, professional and effective manner.
  • Able to demonstrate strategic-level thinking, and to influence executive-level stakeholder decisions.
  • The ability to resolve problems methodically and logically.
  • Strong attention to detail.
  • Strong commercial skills.

Important Notice

It is Career Legal’s policy, as a matter of courtesy, to respond to all applications within three working days. However because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted you within three working days your application has been unsuccessful and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.

Career Legal is a Recruitment Agency and is advertising this permanent vacancy on behalf of one of its Clients.

Zowie Melville Director

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