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We are looking for a bright and enthusiastic Assistant Partnership Accountant to join an experienced legal finance team at a renowned international law firm. The Partnership & Tax team is responsible for the partners' financial and tax affairs, as well as maintaining the firm's international financial structure and administering the firm's tax lodgings.
Our client has a history going back to the late 1800s when they were established in the City of London. They opened their first overseas office in the 1970s and now have offices in ten locations across the globe. With over 500 lawyers worldwide, they are a dynamic, commercial firm and leaders in their specialist business areas.
Responsibilities
- Calculation and or review of partners monthly drawings.
- Ad-hoc partner payments.
- Review of partner "Joiner / Leaver" checklist and partners database
- Posting ad-hoc and year-end journals to Elite 3E practice management system.
- Supervising the maintenance and updating various interlinking spreadsheets relating to partners' records and remuneration.
- Analysing partner data with available systems and producing ad hoc reports to senior management.
- Creating new spreadsheets for reporting and efficiencies.
- Assist with development of other team members.
- Deal with partners, management team and international branch accountant on queries.
- Help develop and implement new policies in partnership finance team.
- Development of new spreadsheets for partner finance function.
- Cover for partner finance assistant and partner finance manager.
- Reconciliation and analysis of individual partners' current, capital and tax suspense accounts.
- Preparing year-end partner financial statements.
- Various year-end partners tax calculations.
- Review and sign-off of worldwide reconciliation and payment schedule submission from international branches.
- Manage the partner drawings process and reconciliations in London.
- Assist with International Drawings Process - including regular reconciliations and queries.
- Assist with management of international branch accountants on processes, policies and accounting for partner transactions, including assisting with GL enquiries and reporting from Elite 3E.
- Running monthly reports on partners' performance data for circulation and to use for calculating payments due to partners.
- Payment of partners' pension releases and other ad hoc payments to partners.
- Maintain, setup and review of worldwide partner information on Elite 3E.
- Run reports and check consultants' keys payment terms against reports and provide reports to management for approval, including setting up bespoke calculations for different terms.
- Reconciliation of partners' capital.
- Deal with partner and management team queries.
- Assistant with ad hoc information requests from other areas of the firm.
- Assistant with the review of general tasks completed by partner finance assistant.
Candidate Profile
- Experience in partner remuneration, distribution of drawings, and tax ideal
- Proficiency in Microsoft Office Excel and Word. Advanced Excel ideal, ie. Macros, nested IF statements, Pivot Tables, complex formulae
- VBA skills advantageous
- Experience in using different legal software, ie Elite 3E, Aderant
- Understanding double entry accounting
- Able to read and analyse General Ledger Transactions
- Understanding accounting terminology
Important Notice
It is Career Legal’s policy, as a matter of courtesy, to respond to all applications within three working days. However because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted you within three working days your application has been unsuccessful and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.
