Head of Partnership Finance
Mishcon de Reya, City of Westminster
Head of Partnership Finance
Salary not available. View on company website.
Mishcon de Reya, City of Westminster
- Full time
- Permanent
- Onsite working
Posted 5 days ago, 19 Apr | Get your application in now to be included in the first week's applications.
Closing date: Closing date not specified
Job ref: f2b81375e1c846bf9e62b4be98b5c4e5
Location ref: City of Westminster
Full Job Description
The Head of Partnership Finance will work closely with the CFO and other Senior Management in relation to partnership accounting and tax affairs of the Firm and Partners. Leading a small team of specialists, this role is ultimately accountable for delivering results for the following functions:
- Partnership Finance: Overseeing a team that is responsible for the accounting and reporting of partner remuneration, payments, capital contributions and other partner balances on a partner-by-partner basis for over 250 partners globally, and leading on REM from a finance perspective.
- Tax: Proactively lead on the tax affairs for the Firm, collaborating with key members of the Finance team in order to deliver a first-class service to the firm.
- Projects / Advisory: Utilising expertise and an in-depth knowledge of the Firm, the Head of Partnership Finance will draw all of these functions together and act in an advisory capacity to senior stakeholders (including at Board level) on strategic projects relating to potential mergers and acquisitions, both locally and internationally. Partnership & Tax
- Ultimate ownership and accountability for the matters set out above as well as:
- Managing Partners' financial affairs (draw, distribution, profit reserving and partnership capital);
- Ensuring compliance of all filing requirements across all jurisdictions where the Firm operates, working with advisers where necessary;
- Managing the preparation and submission of Partners' UK and International tax returns, ensuring any issues raised by Partners or local tax authorities are dealt with in a timely manner;
- Liaising with the external advisers on global tax reporting for partners;
- Managing the process of onboarding and exiting partners;
- Calculation of UK and International tax payments to relevant tax authorities, including payments on account.
- Lead on the REM process from a Finance perspective.
- Work with direct reports to proactively monitor the potential consequences of changes to tax legislation and advise the business on appropriate actions, if any.
- Support direct reports and actively manage the relationship with the Firm's professional advisers to maximize the value derived. Projects
- Play a significant role in contributing towards advisory projects - including the structuring of new developments, acquisition, financing, capital allowance projects and transfer pricing.
A relevant recognised qualification such as ATT/CTA/ADIT/ACA/ACCA/CIMA is required. - Experience of working with senior (executive level) business stakeholders, demonstrating the gravitas and presence to inspire confidence.
- Excellent written and verbal communication skills at all levels of seniority; capable of dealing with people in a calm, professional and effective manner.
- Able to demonstrate strategic-level thinking, and to influence executive-level stakeholder decisions.
- The ability to resolve problems methodically and logically.
- Strong attention to detail.
- Strong commercial skills.
The Mishcon de Reya Group is an independent, international professional services business with law at its heart, employing over 1400 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, Hong Kong and UAE. The firm services an international community of clients and provides advice in situations where the constraints of geography often do not apply.The work the firm undertakes is cross-border, multi-jurisdictional and complex, centred around three increasingly entwined and connected sectors: the Innovation Economy, Private Wealth and Capital, and Real Estate. The firm is known as a disputes powerhouse with a formidable capacity firmwide for dispute resolution. The Mishcon de Reya Group includes consultancy businesses MDR Discover,MDR Mayfair(in London, Singapore and Dubai), MDR ONE, and MDRi(in Hong Kong). 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. In 2024, 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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