Mishcon has experienced a huge amount of growth in recent years and
our success shows no sign of stopping. We have doubled in size in the
last five years and are lucky enough to retain a really strong,
values-based culture. Our Finance team also continues to go from
strength to strength and we are involved in exciting and innovative
initiatives across the firm. Rather than being considered a necessary
support function, our Finance department is an integral part of the
strategy of the firm and this is reflected both by the level of
investment and how new initiatives are discussed at the most senior level.
The Role
The role is to deliver a legacy
project reconciling partner balances and their tax reserves.
Reporting into the Head of Partnership
Finance and working as part of the Partnership Finance team, you
will be working closely with other team members, notably one of the
Senior Tax Managers and the Partnership Accountant. In addition,
some working with other members of Finance and external advisers may
be needed.
Duties and Responsibilities
Preparation of partner statements
reconciling tax reserves to the partner current account statements
and partner accounting. The statement will identify where there is a
release of surplus reserves to partners or any under reserves to be
clawed back, outlining the reasons behind the surplus/shortfall.
The project has three phases:
Data Extraction and Integrity
Ensuring that the project uses
robust data and that there is a clear audit trail from source data
to final deliverables. (Data is held across multiple sources).
Detailed review of partner
accounting history, current account statements and tax balances.
Development and maintenance of a
model/database which captures the data to efficiently generate
partner statements.
Interrogation
Detailed review of results for
each partner to identify differences, gaps and inconsistencies.
Investigation and resolution of review points.
Delivery
Reporting regular progress reports
and results in a clear concise manner.
Delivery of statements to partners -
providing additional information/explanation where required.
Skills/Experience
Extensive experience of working in
a Partnership Finance team to include:
Partner current account and tax payments
Partner tax reserving and reconciliations
Spreadsheets - ability to
produce, maintain, manipulate and interrogate large amounts of
data
Partner (personal) taxation
(including basis periods and overlap profits) and related accounting
In addition, the following skills
are requisite:
Tax and/or Accounting qualification
Strong attention to detail with
a methodical and logical approach
Ability to work independently
Strong
communication/presentation skills both oral and written
High levels of confidentiality,
discretion, and diplomacy
Ability to work under pressure
and deliver to timetable
Confident in dealing face to face with Finance leaders and
partners in a measured way with the ability to impart complex
matters clearly
Please note that this job profile is not an exhaustive list of
duties but merely an outline of the key components of the role. You
may be required by your line manager to take on additional
responsibilities when requested.
About The Mishcon de Reya Group
TheMishcon
de ReyaGroup is an independent, international
professional services business with law at its heart, employing over
1450 people with over 650 lawyers. It includes the law firm Mishcon de
Reya LLP and a collection of leading consultancy businesses that
complement the firm's legal services.
Mishcon de Reya LLP is based in London, Oxford, Cambridge, Singapore
and Hong Kong (through its association withKaras So LLP).
The firm services an international community of clients and provides
advice in situations where the constraints of geography often do not
apply. Its work is cross-border, multi-jurisdictional and complex,
spanning six core practice areas:Corporate;Dispute
Resolution; Employment;Innovation;Private;
andReal Estate.
TheMishcon
de Reya Groupincludes consultancy businessesMDR
Cyber,MDR
Discover,MDR
Mayfair(in London, Singapore and Dubai),MDR
One,MDRiand MDRx.
The Group also includesMDR Lab, which invests
in the most promising early stage legaltech companies as well as the
Mishcon Academy, its in-house place of learning and platform for
thought leadership.
Earlier this year, the Group announced its first strategic
acquisition in the alternative legal services market, flexible legal
resourcing business Flex Legal. It also acquired a majority stake in
Somos, a global group actions management business.
We strive to create a fully
diverse and inclusive workplace where all our people are empowered
to fulfil their potential. We are proud of our agile working culture
and are always happy to talk flexible working.