Tax Accountant

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Job Title
Tax Accountant

Department
Finance - Tax & Partner Matters Team

Office Location
London

Reports To
Senior Tax Manager

Working Hours
35 hours per week, 9:30am to 5:30pm but additional hours may be required. We are happy to consider agile and flexible working patterns. Our approach to hybrid working allows for up to 40% of time working from home and 60% working in the office.

Firm Description
Hogan Lovells is one of the leading global law firms. Our distinctive market position is founded on our exceptional breadth of our practice, deep industry knowledge, and our 'one team' global approach. With over 40 offices worldwide, we provide excellent business-oriented advice to our clients locally and internationally.

Department Description
The Tax & Partner Matters team deals with financial and tax matters relating to partners' financial involvement in the firm. The team provides support to the firm's senior management on partner-related finance issues, partnership tax compliance, and tax planning.

Role Overview
The Tax Accountant has primary responsibility for maintaining and reconciling the firm's tax and partners' tax accounts. This includes ensuring tax payments and tax reserve calculations are accurate, up-to-date, and reconciled in a timely manner.

Key Responsibilities / Accountabilities

• Ensure the following are accurate, on time, correctly recorded, and fully reconciled in the general ledger system (3E):

• Partner and firm tax payments (e.g., payment of partner compensation, partner income tax, and corporate tax payments).

• Formulaic tax reserve calculations and ledger postings (e.g., responsible for calculations based on partner compensation, postings in the general ledger, and periodic reconciliations);
• Current year tax reserves reconciliations (e.g., reviewing partners' reserves for the accounting year, explaining balances due to partners);

In addition, the Tax Accountant will:

• Liaise with key stakeholders across the firm, including partners regarding their compensation and tax balances.
• Work with the Partner Matters Accounts Assistant to prepare monthly drawings, quarterly distribution, and bi-annual bonus payment processes.
• Assist the Taxation Team with recording tax transactions in Elite 3E as required.
• Prepare key spreadsheets required by the team throughout the year.
• Reconcile several years' historical ledger entries related to partner compensation and tax.
• Work with the Senior Accountant to simplify data collection and calculation tools in Excel.
• Request and sort the firm's financial data needed for tax computation preparation.
• Create efficiencies in data capture, analytics, and presentation related to partners' financial matters.
• Participate in ad hoc projects and assist with all aspects of the department's work.
• Ongoing review, simplification, and documentation of the department's procedures.

Specific duties may be reviewed to reflect changes in personnel and management structure.

All members of the firm participate in our Responsible Business program.

Person Specification

Qualification And Training

• Qualified accountant - ICAEW, ICAS, or ACCA preferred.
• Good working knowledge of Microsoft Office, particularly Excel, is essential.
• Experience with 3E or similar accounting software.

The Candidate

• Analytical ability - dealing with complex problems and large amounts of data.
• Communication skills - explaining technical issues clearly to colleagues and external advisers.
• Organisational ability - prioritising tasks to meet deadlines.
• Attention to detail - ensuring high-quality work.
• Initiative - anticipating issues and identifying process improvements.
• Tact and diplomacy - handling sensitive personal data appropriately.

Agile Working Statement
Our goal is to embed flexibility across our business by providing opportunities for agile working.

Equal Opportunities Employment Statement
Hogan Lovells is committed to providing equal opportunities for all employees in recruitment, training, and promotion.

Note: "Hogan Lovells" or the "firm" includes Hogan Lovells International LLP, Hogan Lovells US LLP, and their affiliated businesses. For further information, see www.hoganlovells.com