Partnership Tax Accountant needed for the busy finance department of large law firm. Based Central London.


Your new role

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

What you'll need to succeed

• 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

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