AT HERBERT SMITH FREEHILLS KRAMER, 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 many are incredibly longstanding. And we enjoy breaking new ground, as we have for over 100 years.
We are where you need us to be. We are in the world’s largest markets, key financial centres and major growth hubs. Our international footprint is extensive and committed.
We are at our best tackling complexity and navigating change. We work alongside you on demanding contentious matters, 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, ESG, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world, including technology and digitalisation.
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.
Your goals. Our ambition.

QUALIFICATIONS, SKILLS AND EXPERIENCE

• Qualified accountant and/or tax adviser
• 5 years professional partnership experience working in legal or large corporate organisations
• Attention to detail with a high level of accuracy
• Excellent written and oral communication skills
• Strong organisational skills and ability to prioritise

CORE RESPONSIBILITIES

Supervisory aspects

• Supervision of 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.
• Provide coaching and support to new and existing team members.

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:

• Monthly drawings
• 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
• Reconciliation of the banks’ interest charge
• Calculation of 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
• 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
Other Partner Finance responsibilities
Processing partner recharges including