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7 months ago
Herbert Smith Freehills
Location: London
Job type: Permanent
Category: Accounts Jobs
Partner Finance - Accountant


The opportunity

* To ensure that partner accounting records and current accounts are maintained to the highest standards
* To ensure that the partner accounting procedures are adhered to across the network
* To prepare annual cash flow statements for individual partners globally and at Firm level
* To prepare and reconcile monthly drawings payments and other partner payments along with internal recharges of expenses to Partners
* To provide budget and actual profit sharing information to the management accounts team
* To create appropriate models for various distribution scenarios / forecasts
* To produce current account statements for statutory purposes and for partners in the relevant currency and reconcile these to the non-ledger records where relevant
* Involvement in drafting and communication of partner accounting, payment and tax payment procedures (process mapping) – including international offices where applicable
* liaising with London and global accounting staff to prepare monthly cash-flow reports
* Preparation and review of foreign exchange relating to partner payments on a monthly basis
* Reconciliation of various balance sheet accounts for partners.
* Ensuring that the various debenture arrangements for international partners are in place and accounted for appropriately
* Involvement with partner capital arrangements
* Working closely with the Financial Accountants team on any reporting requirements
* Liaising with the Internal Audit team
* Maintain global partner data base which contains fixed and variable data including partner remuneration
* Involvement in preparation of various statutory accounts for group entities
* Involvement with International Mobility Team on partner secondments
* Monitoring the effect of foreign exchange movements on partner remuneration ;
* Involvement in ad hoc partner / tax related projects ;
* Monitor partner related overhead accounts against budget and provide regular variance analysis ;
* To ensure that all tax compliance work is produced to the highest of standards

Key Performance Indicators:
* Timely dissemination of information to relevant stakeholders
* Accuracy of information provided
* Stakeholder and Partner feedback
* Willingness to connect and collaborate with key internal stakeholders

Skills, experience and qualifications

* Qualified accountant (ACCA desired)
* 3-5 years professional partnership accounting experience, ideally in professional services and or legal firm environments
* Attention to detail with a high level of accuracy
* Excellent written and oral communication skills
* Ability to use initiative and be pro-active;
* Strong organisational skills and ability to prioritise;
* Excellent service orientation skills;
* Enthusiastic, positive and committed team member;
* Ability to cope with conflicting demands and meet deadlines;
* Advanced excel skills

Group / Team

Business Finance

Group / Team description

The Business finance team works closely with management, practices, partners and business services teams to assist in driving its strategy, profitability, cash flow and growth.

The team ensures an adequate financial control framework is maintained to safeguard the integrity of the firm's finances and plays a key role in mitigating financial and business risks. The team provides robust financial information internally and externally to enable decision making, effective operations and to help the firm meet its clients' needs and statutory requirements.

As a member of the Business finance team, whether you are in core finance, taxation, treasury or projects, you’ll play a critical role in the firm's success.

Role type

Business Services

Contract type


Working pattern

Full Time

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