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

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.

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