Partnership Accountant - #2171450

This excellent law firm is seeking a Partnership Accountant to join a high-performing finance team. This is a newly created role offering the opportunity to take ownership of partner accounting processes and become a key contributor to the accuracy, transparency and effectiveness of partner financial operations. Based within the Partnership & Tax team and reporting to the Group Finance Manager, the successful candidate will provide specialist support across partner accounting, profit distributions, capital accounting, reconciliations and partner reporting.

Key Responsibilities in this Partnership Accountant role

Partner Payments & Reporting

• Prepare annual partner compensation models and individual partner statements, including profit allocations, drawings, reserves, capital movements and related balances.
• Coordinate monthly partner draw payments via outsourced payroll providers.
• Prepare quarterly profit distribution schedules and associated payment instructions.
• Support annual budgeting and cash flow forecasting relating to partner drawings, distributions and capital movements.
• Prepare financial statements and calculations relating to partner joiners, leavers, retirements and other lifecycle events.

Accounting & Reconciliations

• Maintain accurate partner accounting records and ensure all balances are appropriately reconciled and supported.
• Develop and manage reconciliation processes covering partner capital, current accounts, drawings, distributions and related balance sheet accounts.
• Prepare and post partner-related journals within the finance system.
• Maintain accurate partner databases and records.
• Investigate and resolve discrepancies, ensuring robust controls and audit trails are maintained.

Commission & Commercial Support

• Calculate and administer performance-based commission payments to consultants and former partners.
• Provide financial insight and commentary on commission arrangements and agreements.

General Finance Support

• Collaborate closely with finance, tax and partnership teams on a range of partnership-related matters.
• Prepare schedules and supporting documentation for audit, tax and regulatory reporting requirements.
• Act as a key point of contact for partner accounting queries, providing clear and timely financial information to stakeholders across the business.

About You

You will be a qualified accountant (ACA, ACCA or equivalent) with experience gained within partnership accounting, professional services finance or a similarly complex environment.

Essential Experience in this Partnership Accountant role

• Strong understanding of partner capital accounts, current accounts, drawings, profit allocations and distributions.
• Experience preparing complex balance sheet reconciliations and maintaining strong financial controls.
• Advanced Excel skills with the ability to build and maintain sophisticated financial models and workbooks.
• Experience working with multi-entity or international finance operations is advantageous.
• Experience using Elite 3E or a comparable finance/practice management system is highly desirable.

Personal Attributes

• Exceptional attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Highly organised with the ability to manage multiple deadlines.
• Excellent communication and stakeholder management skills.
• Ability to handle confidential information with discretion.
• Proactive, hands-on and process-improvement focused.
• Resilient and adaptable within a fast-paced environment.

What's on Offer

• Hybrid working model with a minimum of two days in the office each week.
• Flexible benefits package including pension, private medical insurance, season ticket loan, gym subsidies and additional lifestyle benefits.
• The opportunity to join a collaborative, international business where you can make a significant impact within a specialist finance role.

If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply.