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

The Opportunity

Primary Responsibilities

Tax Compliance management


UK Tax Computation

Preparation of the UK tax computation analysis for large partnerships including HSF Kramer LLP, HSF Kramer South Africa LLP, HSF Kramer New York LLP, HSF Kramer Spain LLP, HSF Kramer Hong Kong and HSF Kramer Paris LLP. This will require an understanding of: Items of expenditure that are disallowable for tax purposes; Any relevant tax reliefs, allowances, and deductions the partnership is eligible for (e.g. capital allowances) The tax rules that underpin the firm's Machine Learning tool used to analyse tax disallowable expenditure;

This will also require

Prior experience of preparing Partnership UK tax computations Ability to work under pressure to tight deadlines Working with Deloitte on maintenance of the Machine Learning tool to ensure optimal efficiency and accuracy (e.g. annual review of underlying tax rules) Advising on the selection and implementation of any other technology solutions that could add efficiency and control to existing processes Preparation of the detailed schedules required to be included in the firm's UK Partnership Tax returns. This includes allocating income items by partner, including:

+ Trading profits
+ Dividends
+ Untaxed interest
+ Gift Aid contributions
+ Income from the Permanent Establishment of the HSF Kramer Australian Partnership.
Calculation of specific remuneration adjustments for partners in certain jurisdictions as required Facilitating the payment of Corporation Tax payments in relation to the UK Service Company and providing relevant and timely information to Deloitte for the preparation of the CT return. Other UK tax compliance work as required
Year End

Working on aspects of the year end process, which will include (but not limited to) the allocation of accounting profits to relevant jurisdictions and the calculation of partner tax reserves.
Modelling


Working with the Head of Partner Finance, Tax Processes & Controls to build models in respect of (but not limited to)

Firm-wide funding Structural tax changes Profit allocation Intra entity profit flows Effective tax rate estimates.
Tax Processes & controls

Working with the Head of Partner Finance, Tax Processes & Controls on the selection and implementation of technology solutions which will add efficiency and control to existing processes Drafting and maintaining a roles & responsibilities matrix for global T&PF team, including ensuring buy-in from the appropriate personnel Drafting and maintaining the risk & controls matrix for global direct and indirect taxes Supporting the Head of Partner Finance, Tax Processes & Controls with requests for information from tax authorities and internal audit team in the case of an audit or review Working with the Head of Partner Finance, Tax Processes & Controls to maintain up to date process documentation and conduct annual controls testing
Tax Reserves


Development, maintenance and reconciliation of detailed tax records and ledgers, with responsibilities including but not limited to:

producing annual tax reserve statements for partners monthly reconciliations of the firm's tax payment ledgers and corresponding with overseas offices to ensure payments are swept back to London on a quarterly basis Supporting the Tax Reporting Manager on the ongoing review of historic tax reserves for HSF Kramer Partners, which will include a reconciliation of payments against reserves on a Partner by Partner basis, spanning several financial years and various jurisdictions. Development of tax reserving processes for US and Australian partners

Other

Managing the annual budget process for the Tax and Partner Finance team (a critical part of the Business Finance function of the firm); Preparation of Senior Accounting Officer report for the CFO Providing adhoc support to the Tax & Partner Finance team, and Working with the Head of Partner Finance, Tax Processes & Controls on other tax projects that arise from time to time.

Qualifications, skills and experience

At least four years' experience in a tax or finance role in either a large professional partnership or a corporate environment. It is essential that the successful candidate has have an initial tax or accounting qualification (ATT, ACCA, ACA). The candidate should also hold a further (higher) tax qualification, i.e. Chartered Tax Adviser (CTA), Associate Diploma in International Tax (ADIT), or Master of Taxation. We would consider candidates without a higher tax qualification on the expectation that they will obtain those qualifications at the earliest opportunity. Comprehension of basic accounting and journal entries (i.e. strong knowledge of double-entry bookkeeping) Advanced Excel skills An innovative mindset, curious about AI and emerging technologies

Competencies

Personal Leadership Builds Authentic Relationships Collaborates with others Enhances the Client Experience Achieves Results

Team

Business Finance

Working Pattern

Temps plein

Location

Londres

Contract type

Contrat a duree indeterminee

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.