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Partnership Accountant

Tiger Recruitment
Posted 7 days ago, valid for a month
Location

London, Greater London EC2V7NQ, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Partnership Accountant position involves managing financial records and accounting functions for Partnership accounts, ensuring compliance with tax regulations and accurate profit distribution.
  • Candidates must have a minimum of 5 years of experience in partnership accounting and 3-5 years of financial accounting experience, preferably in a group structure.
  • The role requires qualifications such as ACCA, CIMA, or ACA, along with strong analytical skills and proficiency in UK and US GAAP.
  • Key responsibilities include preparing partnership accounts, managing equity and loan accounting, and ensuring compliance with financial regulations and audit requirements.
  • The salary for this role is competitive and commensurate with experience, reflecting the importance of the position within the organization.
Partnership AccountantRole OverviewThe Partnership Accountant manages financial records and accounting functions for Partnership accounts, ensuring accurate profit distribution, compliance with tax regulations, and maintaining detailed partner capital and transaction records. This role requires strong analytical skills, attention to detail, and collaboration with internal stakeholders, including the group equity accounting team and senior business leaders.Key ResponsibilitiesPartnership Accounting
  • Prepare partnership accounts, profit share schedules, and financial data for remuneration committees.
  • Maintain accurate partner distribution, tax withholding, and capital accounts.
  • Prepare statutory accounts for LLPs and corporate members under UK GAAP.
  • Perform reconciliations for LLP units, partner loans, and balance sheet accounts.
  • Record US GAAP partnership transactions and support management accounts reconciliations.
Equity & Loan Accounting
  • Manage LLP share-based accounting under UK and US GAAP.
  • Reconcile LLP balance sheet accounts and record CASP loans, interest, and repayments.
  • Work with HR and business teams on loan treatments for LLP leavers.
Tax & Audit Compliance
  • Ensure compliance with financial regulations, SOX controls, and audit requirements.
  • Support internal and external audits by preparing documentation.
  • Assist with partnership tax allocations, withholding tax, and related computations.
Other Responsibilities
  • Prepare accounts and monthly entries for corporate entities.
  • Liaise with tax teams for journal processing and tax payments.
  • Maintain company secretarial updates and assist with financial system automation.
  • Support ad hoc projects and financial reporting improvements.
Qualifications & SkillsEducation
  • ACCA, CIMA, or ACA qualification required.
Experience
  • 5+ years in partnership accounting.
  • 3-5 years of financial accounting experience, ideally in a group structure.
Skills
  • Strong analytical and problem-solving skills.
  • Proficiency in UK & US GAAP.
  • Advanced Excel and financial system expertise (SUN, Oracle, Sharperlight preferred).
  • Excellent communication and stakeholder management abilities.
  • Ability to manage multiple priorities in a fast-paced environment.
REF: PM88529Tiger is B Corp Certified. We are part of a global movement of businesses committed to improving social and environmental conditions around the world.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.