At a Glance
- Tasks: Manage partner accounting, tax compliance, and financial insights for a leading firm.
- Company: Join a progressive finance team in a collaborative environment.
- Benefits: Competitive salary, extensive benefits, hybrid working, and personal development opportunities.
- Why this job: Make a real impact on financial processes and partner relationships in a dynamic role.
- Qualifications: Experience in partnership accounting and strong communication skills required.
- Other info: Opportunity to lead projects and grow within a supportive culture.
The predicted salary is between 50000 - 55000 £ per year.
Are you an experienced finance professional who thrives at the intersection of precision, trust, and partnership governance? Do you possess strong knowledge in personal (private client) tax areas? Are you seeking a route to an in-house tax centric role? This could be the job for you!
We are looking for a Personal Tax Professional to take ownership of all financial matters relating to the reward of our clients' equity and salaried partners, ensuring the highest standards of accuracy, transparency, and compliance. This is a pivotal role within the Finance Department managing partner drawings, profit distributions, capital accounts, and tax reserves while working closely with senior leadership to provide insight and financial clarity across the partnership.
Key Responsibilities- Partner Accounting & Financial Management
- Maintain and reconcile partner current and capital accounts.
- Administer drawings, profit allocations, and tax reserves with precision and timeliness.
- Manage partner-related journals, inter-firm transfers, and onboarding/leaver settlements.
- Oversee capital contributions and withdrawals, ensuring accurate documentation and compliance.
- Profit Allocation & Reporting
- Partner with the Finance Director / Head of Finance on the annual profit allocation process.
- Prepare detailed profit share schedules, forecasts, and management reports for the Partnership Board.
- Deliver financial insights on partner profitability and contribution.
- Compliance & Regulatory Oversight
- Ensure full compliance with SRA Accounts Rules, HMRC partnership tax regulations, and firm policies.
- Liaise with auditors during year-end reviews and manage HMRC reporting.
- Support the COFA with regulatory submissions and compliance reporting.
- Partner Liaison & Communication
- Act as the primary contact for partners on financial, tax, and remuneration queries.
- Communicate clearly on drawings, profit distributions, and tax deductions.
- Support partner briefings on firm performance, pension contributions, and tax planning.
- Systems & Process Management
- Maintain accurate and up-to-date data within Elite 3E, Aderant, or SOS Connect systems.
- Drive automation, consistency, and transparency across partner accounting processes.
- Collaborate with IT, Finance, and HR to ensure seamless data integration and reporting.
- Strong understanding of partnership accounting, tax principles, and SRA Accounts Rules.
- Advanced Excel and financial modelling skills.
- Excellent communication and interpersonal skills, with the ability to build trusted relationships with partners.
- Analytical thinker with a proactive approach to problem-solving and process improvement.
- High integrity and discretion when dealing with confidential partner financial information.
- AAT / ACCA / CIMA / ACA &/OR ATT OR CTA.
- 5-10 years experience in legal, finance or professional services accounting.
- Proven experience with partner or LLP accounting and UK partnership tax.
You’ll be part of a collaborative and progressive finance function that's evolving with technology and innovation. This is a chance to influence firmwide financial processes, develop your leadership skills, and contribute to a global transformation project.
What’s on Offer- Competitive salary (£50-55k DOE).
- Market leading and wide-ranging company benefits from Pension and Bonus, to L&D, Wellbeing, Employee Assistance, to lifestyle and more.
- Superb culture with great support, hybrid working and flexible hours.
- Exposure to a range of growth orientated projects across systems, people and client areas.
- Excellent opportunity to build and grow a team.
Benefits: Significant as per a leading large corporate.
Personal Tax Manager - In-house Opportunity employer: Abacus Professional Recruitment
Contact Detail:
Abacus Professional Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Personal Tax Manager - In-house Opportunity
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in personal tax. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of partnership accounting and tax principles. We want you to shine when discussing how you can manage partner drawings and profit distributions with precision.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've tackled financial challenges in the past. We love candidates who can think critically and offer solutions, especially when it comes to compliance and regulatory oversight.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re all about transparency and want to see your passion for joining our collaborative finance team.
We think you need these skills to ace Personal Tax Manager - In-house Opportunity
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Personal Tax Manager role. Highlight your expertise in partnership accounting and personal tax areas, as this will show us you’re the right fit for our team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about this role and how your background makes you the perfect candidate. Don’t forget to mention your experience with compliance and financial management.
Showcase Your Communication Skills: Since this role involves liaising with partners and senior leadership, it’s crucial to demonstrate your excellent communication skills. Use clear and concise language in your application to reflect your ability to convey complex information effectively.
Apply Through Our Website: We encourage you to apply directly through our website. This ensures your application gets to the right place and allows us to review your details quickly. Plus, it’s super easy and straightforward!
How to prepare for a job interview at Abacus Professional Recruitment
✨Know Your Tax Stuff
Make sure you brush up on personal tax principles and partnership accounting. Be ready to discuss specific tax regulations and how they apply to the role. This shows that you’re not just familiar with the basics, but you really know your stuff!
✨Showcase Your Communication Skills
Since this role involves liaising with partners and senior leadership, practice articulating complex financial concepts in a clear and concise manner. Think of examples where you've successfully communicated financial insights or resolved queries.
✨Demonstrate Analytical Thinking
Prepare to discuss how you've approached problem-solving in previous roles. Bring examples of how you've improved processes or provided valuable insights through analysis. This will highlight your proactive approach and analytical mindset.
✨Familiarise Yourself with Their Systems
If you have experience with Elite 3E, Aderant, or SOS Connect, mention it! If not, do a bit of research on these systems. Showing that you understand their tools can set you apart and demonstrate your readiness to hit the ground running.