Tax and Partner Finance Adviser in London

Tax and Partner Finance Adviser in London

London Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Prepare UK tax computations for large partnerships and advise on tax efficiency.
  • Company: Join a leading legal services firm with a focus on innovation and collaboration.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Why this job: Make a real impact in tax advisory while working with cutting-edge technology.
  • Qualifications: 4+ years in tax or finance, with relevant qualifications preferred.
  • Other info: Dynamic role with opportunities for career growth and skill enhancement.

The predicted salary is between 36000 - 60000 Β£ per year.

Preparation of the UK tax computation analysis for large partnerships including HSF Kramer LLP, HSF Kramer South Africa LLP, HSF Kramer New York LLP, HSF Kramer Spain LLP, HSF Kramer Hong Kong and HSF Kramer Paris LLP. This will require an understanding of:

  • Items of expenditure that are disallowable for tax purposes
  • Any relevant tax reliefs, allowances, and deductions the partnership is eligible for (e.g. capital allowances)
  • The tax rules that underpin the firm's Machine Learning tool used to analyse tax disallowable expenditure
  • Prior experience of preparing Partnership UK tax computations
  • Ability to work under pressure to tight deadlines
  • Working with Deloitte on maintenance of the Machine Learning tool to ensure optimal efficiency and accuracy (e.g. annual review of underlying tax rules)
  • Advising on the selection and implementation of any other technology solutions that could add efficiency and control to existing processes
  • Preparation of the detailed schedules required to be included in the firm's UK Partnership Tax returns. This includes allocating income items by partner, including:
  • Trading profits
  • Untaxed interest
  • Gift Aid contributions
  • Income from the Permanent Establishment of the HSF Kramer Australian Partnership
  • Calculation of specific remuneration adjustments for partners in certain jurisdictions as required
  • Facilitating the payment of Corporation Tax payments in relation to the UK Service Company and providing relevant and timely information to Deloitte for the preparation of the CT return
  • Other UK tax compliance work as required
  • Year End Working on aspects of the year end process, which will include (but not limited to) the allocation of accounting profits to relevant jurisdictions and the calculation of partner tax reserves
  • Tax Processes & Controls Working with the Head of Partner Finance, Tax Processes & Controls to build models in respect of:
    • Structural tax changes
    • Profit allocation
  • Working with the Head of Partner Finance, Tax Processes & Controls on the selection and implementation of technology solutions which will add efficiency and control to existing processes
  • Drafting and maintaining a roles & responsibilities matrix for global T&PF team, including ensuring buy‐in from the appropriate personnel
  • Drafting and maintaining the risk & controls matrix for global direct and indirect taxes
  • Supporting the Head of Partner Finance, Tax Processes & Controls with requests for information from tax authorities and internal audit team in the case of an audit or review
  • Working with the Head of Partner Finance, Tax Processes & Controls to maintain up to date process documentation and conduct annual controls testing
  • Tax Reserves Development, maintenance and reconciliation of detailed tax records and ledgers, with responsibilities including but not limited to:
    • Producing annual tax reserve statements for partners
    • Monthly reconciliations of the firm's tax payment ledgers and corresponding with overseas offices to ensure payments are swept back to London on a quarterly basis
    • Supporting the Tax Reporting Manager on the ongoing review of historic tax reserves for HSF Kramer Partners, which will include a reconciliation of payments against reserves on a Partner by Partner basis, spanning several financial years and various jurisdictions
    • Development of tax reserving processes for US and Australian partners
  • Other Managing the annual budget process for the Tax and Partner Finance team (a critical part of the Business Finance function of the firm)
  • Preparation of Senior Accounting Officer report for the CFO
  • Providing adhoc support to the Tax & Partner Finance team and working with the Head of Partner Finance, Tax Processes & Controls on other tax projects that arise from time to time
  • Qualifications, skills and experience:

    • At least four years' experience in a tax or finance role in either a large professional partnership or a corporate environment
    • Initial tax or accounting qualification (ATT, ACCA, ACA) is essential
    • Further (higher) tax qualification (e.g. Chartered Tax Adviser, Associate Diploma in International Tax, or Master of Taxation); candidates without a higher qualification may be considered on the expectation of obtaining it at the earliest opportunity
    • Comprehension of basic accounting and journal entries (strong knowledge of double-entry bookkeeping)
    • Advanced Excel skills
    • Personal Leadership Builds Authentic Relationships Collaborates with others Enhances the Client Experience Achieves Results

    Seniority Level: Mid-Senior level

    Employment Type: Full-time

    Job Function: Legal

    Industries: Legal Services

    Tax and Partner Finance Adviser in London employer: Herbert Smith Freehills Kramer

    As a Tax and Partner Finance Adviser at HSF Kramer, you will thrive in a dynamic work environment that values collaboration and innovation. Our commitment to employee growth is evident through ongoing training opportunities and the chance to work with cutting-edge technology, including our Machine Learning tool for tax analysis. Located in a vibrant city, we offer a supportive culture that encourages work-life balance and fosters authentic relationships among colleagues.
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    Contact Detail:

    Herbert Smith Freehills Kramer Recruiting Team

    StudySmarter Expert Advice 🀫

    We think this is how you could land Tax and Partner Finance Adviser in London

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the tax and finance world, especially those who work in partnerships. 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 tax computations and relevant technology solutions. We want you to shine when discussing how you can contribute to optimising processes at firms like HSF Kramer!

    ✨Tip Number 3

    Don’t forget to showcase your experience with machine learning tools during interviews. Highlight how you've used tech to improve efficiency in tax processes – it’s a big plus for roles like this one!

    ✨Tip Number 4

    Apply through our website for a smoother process! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.

    We think you need these skills to ace Tax and Partner Finance Adviser in London

    UK Tax Computation Analysis
    Understanding of Tax Expenditure Rules
    Knowledge of Tax Reliefs and Allowances
    Machine Learning Tool Proficiency
    Partnership Tax Computation Preparation
    Ability to Work Under Pressure
    Collaboration with Deloitte
    Technology Solution Implementation
    Detailed Schedule Preparation for Tax Returns
    Calculation of Remuneration Adjustments
    Corporation Tax Payment Facilitation
    Year-End Process Management
    Tax Processes and Controls Development
    Risk and Controls Matrix Maintenance
    Tax Records and Ledgers Reconciliation

    Some tips for your application 🫑

    Tailor Your CV: Make sure your CV is tailored to the Tax and Partner Finance Adviser role. Highlight your relevant experience, especially in preparing UK tax computations and working with partnerships. We want to see how your skills match what we're looking for!

    Showcase Your Qualifications: Don’t forget to mention your tax or accounting qualifications! If you have any higher qualifications like a Chartered Tax Adviser, make them stand out. We love seeing candidates who are committed to their professional development.

    Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to complex topics like tax!

    Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to track your application status. Plus, we love seeing applications come directly from our site!

    How to prepare for a job interview at Herbert Smith Freehills Kramer

    ✨Know Your Tax Basics

    Make sure you brush up on your understanding of UK tax computations, especially for partnerships. Familiarise yourself with disallowable expenditures and relevant tax reliefs. This knowledge will show that you're ready to hit the ground running.

    ✨Showcase Your Tech Savvy

    Since the role involves working with a Machine Learning tool, be prepared to discuss any experience you have with technology solutions in finance. Highlight how you've used tech to improve efficiency or accuracy in past roles.

    ✨Prepare for Pressure

    This job requires working under tight deadlines, so think of examples from your previous roles where you successfully managed time-sensitive tasks. Be ready to share how you prioritised and delivered results under pressure.

    ✨Demonstrate Collaboration Skills

    You'll be working closely with various teams, including Deloitte. Prepare to discuss how you've built relationships and collaborated with others in your past roles. Share specific examples of successful teamwork and communication.

    Tax and Partner Finance Adviser in London
    Herbert Smith Freehills Kramer
    Location: London
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