Tax Analyst / Tax Accountant

Charles Russell Speechlys LLP; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A prominent law firm in London is seeking a candidate to support tax compliance efforts, primarily focused on UK partnership and corporate tax. Responsibilities include preparing tax computations and assisting with VAT submissions. The ideal candidate should be CTA and/or ACA/ACCA qualified, with a strong understanding of tax regulations and excellent Excel skills. This role offers the opportunity to work within a collaborative finance team in a dynamic environment.

Qualifications

• Experience of partnership accounting and tax affairs.
• Understanding of international tax issues in a global law firm.
• Ability to deal with complex tax issues quickly.

Responsibilities

• Preparation of LLP and corporate tax computations.
• Assist with tax audits or VAT investigations.
• Preparation and submission of VAT returns.

Skills

CTA and/or ACA/ACCA qualified/part qualified

In-depth knowledge of tax accounting

High level of IT literacy, particularly Excel

Analytical skills

Tools

Elite 3e

Job description

Sitting within the Reporting and Analysis department of Finance, the role is designed to assist the Senior Group Tax Manager, Finance Director and Senior Partnership Tax Accountant, focussing primarily on the UK aspects of the Firm’s tax compliance including partnership tax computations, corporate tax and VAT compliance as well as partnership tax matters including partner tax reserving.

There are c.70 employees in the wider Finance team based across London, Cheltenham, and Hong Kong, and it is
divided into four key areas:

• Reporting and Analysis (including Management Accounts, Business Intelligence, Financial Control and Business Partnering teams)
• Financial Systems
• Cash Operations; and
• Revenue, Pricing and Credit Control

Roles and Responsibilities

Partnership Tax
• Preparation of the LLP and corporate tax computations for review by the Senior Group Tax Manager
• Preparation of annual partner tax reserving calculations
• Preparation of bi-annual partners tax payments in conjunction with the firm’s tax advisors.
• Work closely with Partnership Accountant to review partners tax reserves and input into annual statement process

Tax Reporting
• Assist with any tax audits or VAT investigations
• Assist with the maintenance of intercompany invoicing
• Work with International Management Accountant to ensure tax related matters are dealt with in a timely manner
• Preparation and submission of VAT returns in UK and international locations
• Assist with compliance with UK and international VAT requirements
• Assist with the corporate tax compliance for the non UK offices
• Support with HMRC reporting requirements including preparing the PAYE settlement agreement
• Support in the firm’s compliance with STBV reporting
• Request Tax Residence Certificates and other confirmation letters and advising colleagues on withholding tax issues
• Completion of withholding tax reclaim forms

Other areas
• Liaison with overseas office partners and external accountants on statutory reporting and compliance
including local tax returns and statutory accounts
• Assist with ad hoc projects as they arise
• Comply with all relevant legal and regulatory obligations including the Solicitors Regulation Authority (SRA)
Standards and Regulations, and Principles.

Skills and experience
• CTA and/or ACA/ACCA qualified /part qualified
• Maintains an in depth, up to date, knowledge of tax accounting, tax compliance and all types of tax returns
• Specialist knowledge and the ability to deal with complex tax issues and interplay between tax jurisdictions quickly
• High level or IT literacy, in particular Excel
• Experience of Elite 3e is preferred but not essential.

Person Specification
• Ideally the candidate will have experience of partnership accounting and tax affairs including knowledge of partnership tax
• The ideal candidate will also have an understanding of the international tax issues impacting a global law firm of our nature
• Analytical skills with detail orientation
• Ability to build trust and confidence from the wide range of internal and external stakeholders
• Highly organised, able to meet deadlines and solve problems
• Excellent communication skills (written and oral)
• Ability to impart complex financial information in a meaningful and accessible fashion.