Partner Finance Accountant - 12 month FTC

Exchange House Services Ltd - London; Greater London; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

CIGNA Life assurance

PHI Critical illness cover

Medical insurance

Dental insurance

Gym membership

LLP Fund

Documenting and administering partner

foreign exchange elections

Job summary

Herbert Smith Freehills Kramer is a world-leading global law firm delivering exceptional client service. This London-based role sits in the Partner Finance team, handling partner remuneration, capital administration and cashflow forecasting within a collaborative environment.

The role is full-time on a fixed-term contract in London, spanning supervision of the Tax & Partner Finance Assistant, partner payments, capital administration and year-end processes, with emphasis on growth and development

Qualifications

Responsibilities

• Supervise the Tax & Partner Finance Assistant and support their development.
• Prepare and coordinate partner payments, ensure timely and approved distributions.
• Administer partner capital, reconcile quarterly draws and maintain capital information.
• Manage cashflow forecasts, monthly reconciliations and partner statements.
• Support year-end filings, audit responses, and partner tax computations.

Tools

Workday

Job description

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.