Partner Finance Accountant - 12 month FTC

Partner Finance Accountant - 12 month FTC

Full-Time On-site
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Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world. All of this is achieved by supporting the growth of our people, who help us deliver on our ambition – which is to help you achieve yours. Herbert Smith Freehills Kramer: Your goals. Our ambition

Core responsibilities

Supervisory aspects Supervision of the Tax & Partner Finance Assistant in relation to their Partner Finance responsibilities. Help contribute to a collegial, supportive and enjoyable environment in which to work where team members feel they are being developed to enhance their contribution to the Firm.

Partner payments Preparation of relevant workings and paperwork required to deliver Partner remuneration efficiently. Ensuring all payments to ROW partners are made in a coordinated and timely manner and have been subject to appropriate approval. This includes: Recording and communicating the lock-up incentive scheme results Quarterly drawings Distributions

Partner Capital Administering and reconciling partner capital. This includes: Maintaining capital information packs/forms Administering the annual capital call Issuing capital information packs to lateral and promotion candidates Reconciling the quarterly interest charge Calculating the additional entitlement Maintaining the monthly reconciliation Cashflow forecasts Preparation and distribution of individual cashflow statements for partners. Provision of timely, accurate information for management – for example, distribution forecasts and partner cash flow forecasts Monthly reconciliations, reports & surveys Preparation of: Member Drawings & Current Account Reconciliations Member Equivalent Drawings & Current Account Reconciliations Sundry Debtor Reconciliation

Other Partner Finance responsibilities Processing partner recharges including: CIGNA Life assurance PHI Critical illness cover Medical insurance Dental insurance Gym membership LLP Fund Documenting and administering partner foreign exchange elections Administering ad-hoc payments (e.g. sabbatical, allowances, capital repayments) Fielding queries from key stakeholders Year-end Preparation and distribution of individual current account statements for partners and associated loan notes Provision of information to the TRPC team for UK tax computation in relation to unpaid salaries Responding to audit queries Preparation of the member allowances journals Finance & Accounting Developing and maintaining strong relationships with Business Finance stakeholders. Consideration of local accounting, group accounting and related tax, foreign exchange and partner remuneration issues. Team Business Finance Working Pattern Full time Location London Contract type Fixed Term Contract

  • CIGNA Life assurance
  • PHI Critical illness cover
  • Medical insurance
  • Dental insurance
  • Gym membership
  • LLP Fund
  • Documenting and administering partner foreign exchange elections
  • Administering ad-hoc payments (e.g. sabbatical, allowances, capital repayments)
  • Member Drawings & Current Account Reconciliations
  • Member Equivalent Drawings & Current Account Reconciliations
  • Sundry Debtor Reconciliation
  • Benefits & Allowances Reconciliation
  • Foreign exchange and system currency journals
  • Payment Schedule for Banking
  • Provision of partner statistics to stakeholders
  • Surveys
  • Maintaining partner information in Workday

Diversity & Inclusion

We are committed to attracting people from all backgrounds and creating a respectful and inclusive culture where everyone thrives. We see this as essential to our success, including our ability to innovate and achieve sustained high performance. This is a key part of our Values—Human, Bold, and Outstanding. At Herbert Smith Freehills Kramer, we align your growth and ambition with ours. We invest in your personal and professional growth and support you to achieve your ambitions. And you share responsibility for playing a part in delivering the firm’s growth and ambition too.

A leading global law firm, with over 6,000 people, we are in the world’s largest markets, key financial centres and major growth hubs. We’re recognised leaders in demanding contentious matters, exacting regulatory work and complex public and private transactions. We’re immersed in the many challenges facing our clients. We’re invested and resourceful. We understand the part technology and digitalisation play in the delivery of legal services. We want to make a positive impact wherever in the world we operate. You’ll have the opportunity to engage with this with an open mind and curiosity. We are known for our diverse perspectives and renowned for our culture. Being human, bold and outstanding are more than our values: you’ll discover they are our lived experience. And by being ambitious for your growth and ours, we’ll achieve our goals together. Herbert Smith Freehills Kramer: Your growth. Our ambition.

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Partner Finance Accountant - 12 month FTC employer: Exchange House Services Ltd - London

Herbert Smith Freehills Kramer is an exceptional employer that prioritises the growth and development of its people, offering a dynamic work culture in the heart of London. With a commitment to diversity and inclusion, employees are encouraged to thrive in an environment that values collaboration and innovation. The firm provides ample opportunities for professional advancement, ensuring that your ambitions align with its own, making it a rewarding place to build a meaningful career.

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Contact Details:

Exchange House Services Ltd - London Recruitment Team