Financial and Tax Accountant

| Washington, DC, USA
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Job Description

Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and Asia that represents clients in litigation and arbitration, regulatory and policy, and transactional and corporate matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation and government-facing matters, as well as its ongoing commitment to pro bono service and diversity, equity, and inclusion.

Job Summary

The Financial and Tax Accountant is essential in supporting the firm’s partnership tax requirements, equity accounting reconciliations, and Partner compensation records. This individual works closely with both internal managers and external consultants ensuring compliance with domestic and international tax regulations and conducting thorough tax research. Key responsibilities include assisting with tax return preparation, calculating Partner distributions and estimates, responding to IRS/state notices, and maintaining Partner accounting processes.

Job Responsibilities

  • Conducts research on accounting and taxation issues associated with an expanding international business.
  • Collaborates with the third-party tax advisors to facilitate Partnership’s annual tax filings including Form 1065 and related Form K-1s, state composite returns, and subsidiary and related entity returns.
  • Prepares UK VAT returns and state & local tax returns including sales and use tax, property tax, occupancy tax, gross receipts tax, etc.
  • Prepares the quarterly and annual bank Covenant Compliance package.
  • Calculates Partners’ estimated earnings, prepare quarterly distributions, and ensure accurate financial communication and transactions with Partners to assist with their quarterly estimated tax payments.
  • Address inquiries and notices from IRS/State, supporting Partners in compliance matters. Performs tax research and planning for U.S. and foreign tax purposes as well as state tax research for nexus purposes.
  • Manages the coordination and allocation of quarterly estimated tax payments to relevant state and local jurisdictions, ensuring compliance with tax regulations and accurate distribution among Partners.
  • Manage Partner financial records, including capital account reconciliations and maintenance of retirement contribution records.
  • Works with auditors to ensure all requested Partners’ Capital information is provided to assist in the audit and creation of financial statements.
  • Document and continually update all Partner accounting processes and assist with the management of firm property tax returns and fixed asset depreciation schedules.

Qualifications

Knowledge, Skills and Abilities

  • Knowledge of U.S. tax laws, Generally Accepted Accounting Principles and modified tax basis of accounting.
  • Exceptional communication skills, confident presenting effectively, both orally and in writing, to Partners, attorneys, accounting firms, tax consultants, and colleagues.
  • Strong commitment to providing quality client service to both internal and external contacts regarding complex financial matters requiring discretion.
  • Strong proficiency in Microsoft Excel and familiarity with enterprise-level accounting software.
  • Dedication to stay up-to-date on the latest accounting and taxation regulatory trends and industry developments.
  • Highly organized and accustomed to prioritizing work in a dynamic and complex environment to meet deadlines.
  • Skilled in handling sensitive information and maintaining confidentiality.

Education

The position requires a Bachelor’s Degree in Accounting or Finance. Equivalent training and experience may substitute for education.

Certification

A CPA designation is required.

Experience

The position requires a minimum of three (3) years of increasingly responsible accounting experience with a partnership or public accounting firm. Tax experience preferred.

Additional Information

Crowell & Moring LLP offers a competitive compensation and comprehensive benefits package which includes progressive options such as back up child care, wellness programs, cultural events and social activities. We take great pride in our positive, friendly culture that rewards hard work and success, at the same time recognizing the importance of family and community service.

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More Information on Crowell & Moring
Crowell & Moring operates in the Legal Tech industry. The company is located in Washington, DC. Crowell & Moring was founded in 1979. It has 1415 total employees. To see all 16 open jobs at Crowell & Moring, click here.
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