Partnership Tax Accounting Manager
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Job Summary
About us:
Linklaters is a global law firm providing legal services in 20 countries and through 30 offices.
Linklaters is a people business. Being best in class in the eyes of our clients means that our people must be exceptional.
We look not only for brilliant minds but for people who will thrive in our environment: people who love working collaboratively and demonstrate the innovative efficient agile entrepreneurial and responsible mind-set we aim to bring to every interaction.
Ours is an environment of outperformance. We achieve this not with targets and incentives but by fostering a positive supportive fair and open atmosphere.
We respect and value difference but insist on inclusivity. We celebrate all aspects of diversity and challenge any form of bias. This is vital to our ability to work as one team with a common goal.
About the role:
As Partnership Tax Accounting Manager you will work closely with the Heads of Tax to oversee the global tax affairs of the Linklaters partnership with primary responsibility for the calculation and reconciliation of partners tax reserves and the associated accounting.
You will play a key role in safeguarding the firms financial health supporting strategic decision-making and ensuring accurate timely financial insight and control. The role offers significant exposure to senior stakeholders international collaboration and the opportunity to lead and improve core processes.
Your main responsibilities will include:
- Manage the calculation of reserves to be deducted from profit distributions to equity partners to settle their global tax liabilities ensuring reserves are maintained in the currency of the underlying tax liability.
- Reconcile tax reserves held against tax payments made and submitted tax returns and oversee the release of residual balances to partners in line with firm policies.
- Manage the accounting for reserves created tax payments made and claims for foreign tax credit relief.
- Reconcile offline reserve and tax payment records to accounting balances in SAP making corrections in either source as required.
- Identify and reconcile foreign exchange differences arising on tax reserves maintained in currencies other than GBP.
- Review tax reserving policies and processes to reflect business developments and changes in tax legislation.
- Support the financial year end process including profit allocation tax equalisation calculations tax reserve calculations and related disclosures in the financial statements.
- Communicate with partners third party tax advisers and other stakeholders regarding tax reserves and related matters.
- Lead the team in identifying and implementing process improvements including working with third party consultants on the development of the Linklaters Tax Management System to enhance tax accounting and reserving processes.
- Support the firms SAP migration to S/4HANA including system testing data cleansing identifying and implementing tax reserving and accounting process improvements and ensuring new processes operate effectively and efficiently.
- Coach junior team members in London and Warsaw manage their work and seek to streamline processes across the team.
We are ideally looking for:
- Partnership tax and/or partnership accounting experience at manager level.
- A recognised accounting qualification (ACCA or CIMA).
- A tax qualification (CTA or ADIT) is desirable.
- Strong general ledger accounting skills.
- Excellent Excel skills.
- Clear and confident communication skills including when dealing directly with partners.
- Strong relationship management skills and a commitment to delivering a responsive high-quality service.
- The ability to build collaborative relationships with Tax colleagues in London Warsaw and Hong Kong and with other finance colleagues across the firm.
This role is based at the Linklaters London office with a hybrid working model available.
Our benefits:
Joining Team Linklaters will see you qualify for a range of benefits designed to reward the vital contribution youll be making to our success. These include:
Health & Wellbeing
- Private Medical Insurance
- Free in-house fitness centre and subsidised health club memberships
- Free onsite GP service and periodic health assessments
Finance
- Pension and flexible savings options
- Income protection and life assurance
- Mortgage advice and will-writing services
Family & Lifestyle
- Electric car and cycle to work schemes
- Emergency family care
- Additional holiday/birthday leave
- Maternity/paternity/shared parental leave
- Travel insurance and season ticket loan
- Option to join sports and social clubs as well as our employee networks groups (such as our Gender Equality Network With Pride or Social Mobility Networks)
If you think this role would suit you please click apply below. We look forward to hearing from you!
Technical Skills
This list of duties and responsibilities above is not exhaustive. It is intended to describe the general content of and requirements for the performance of this job. As such the role may also include the undertaking of additional tasks as required.
Application Policy
Applications and CVs (direct or via agency) areonlyaccepted online via the related to our roles must be directed to the relevant recruitment team andnotthe partners practices or stakeholders (forlegal rolesorforbusiness team roles).
Required Experience:
Manager
Key Skills
- Internal Audit
- Supervising
- Data Entry
- Compliance
- Customer Service
- Accounting & Finance
- General Ledger Accounting
- IFRS
- External Audit
- Microsoft Excel
- ERP
- Payroll
- Financial statement
- ACCA
- CPA
