Are you a qualified financial accountant looking for a new challenge? If so, a great opportunity has arisen to join a solicitor's firm in their accounts team on a 6-month contract basis, reporting into their Financial Controller.
Specific responsibility will be to prepare the annual consolidated LLP accounts and subsequent member profit appropriation schedules and statements. You will also be responsible for recording and discharging members' taxation liabilities and for dealing with all enquiries from members regarding their financial affairs. You will also play a significant role in liaison with the firm's external auditors performing the audit of the firm's statutory accounts
Key responsibilities will be:
Year end statutory accounts
Preparation of the LLP's financial statements and supporting schedules in compliance with appropriate accounting standards (FRS102 and UK GAAP), ready for review in accordance with the strict timetable.
Manage consolidation of results from subsidiaries within agreed timetable in conjunction with the local finance officers.
Ensure all necessary disclosures made
Maintenance of proper accounting records for the LLP.
Liaising with the auditors for the LLP and BBH Legal Services well as the auditor for Belfast during the financial and SAR audit.
LLP and members' taxation
Preparation of information to tax advisors to enable partnership tax computation
Ensure underlying calculations are up to date for each individual member
Maintenance of individual member details (salaries, profit share, cars, pension, tax rate) and calculation of member's monthly drawings
Liaising with tax accountants in relation to individual member's tax computation
Make members tax payments and review tax reserves.
Members' financial affairs
Production of profit appropriation schedules
Production of members annual statements
Maintenance of membership capital schedules
Handling member's queries regarding remuneration, capital holding and tax
Handling of all financial transactions associated with transfer, retirement or newly appointed members including notifying tax accountants and auditors.
Make members pension payments and liaise with financial advisors and pension providers.
Profit distribution computation
The firm is based in North West London, and they are looking to have someone in place for May 2017. If this is something of interest, please apply now.