The Department

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

The Mishcon de Reya Group is an independent international professional service business with law at its heart, employing over 1450 people with close to 670 lawyers. It includes the law firm Mishcon de Reya LLP and a collection of leading consultancy businesses that complement the firm's legal services. We have grown rapidly in recent years, showing more than 40% revenue growth in the past five years alone.

Based in London, Cambridge, Oxford, and Singapore, with an association with Karas So LLP in Hong Kong, the firm services an international community of clients and provides advice in situations where the constraints of geography often do not apply. The work we undertake is cross-border, multi-jurisdictional and complex, spanning six core practice areas: Corporate; Dispute Resolution; Employment; Innovation; Private; and Real Estate.

As of 1 January 2023, Mishcon de Reya and Taylor Vinters merged. The merger delivers on both firms' strategies to support the innovation economy and accelerate our growing share of the technology, media and life-sciences legal and consultancy services market in the UK and in key international innovation hubs globally.

In times of such far-reaching and profound change we want to be the law firm that enables our clients - and our own people - to shape the world's possibilities. We are here to help our clients benefit from new economies, new geographic centres of wealth, the new global movement of people and capital, and the impact of new technologies and new knowledge.

Our purpose remains rooted in our founding values. We take pride in the diverse range of people who make up the firm and are proactive in driving change and continuous improvement across the spectrum of equality, diversity and inclusion. Mishcon Academy , our in-house place of learning, development and new thinking for our people, clients and contacts and our innovative impact strategy, including a commitment to be a net zero carbon business , also play a central strategic role in the direction of the firm. In 2020 we launched Mishcon Purpose , a first-of-its-kind sustainability practice providing Environmental, Social and Governance (ESG) advice and purpose-driven insight to clients.

The Mishcon de Reya Group comprises standalone businesses MDR Brand Management , MDR Cyber , MDR Discover , MDR One , MDR Mayfair (in London, Singapore and Dubai) and MDRx . Complementary to Mishcon de Reya's core areas of work, each is led by best in class professionals recruited from a variety of non-legal industries and sectors.

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.

#LI-Hybrid