Partnership Accountant (Contract)

Location: City of London
Contract Type: Contract
Specialisation: Finance & Accounting
Salary: £48000 - £60000 per annum + Flexible working + More!
REF: BBBH252685_1636711256

Ambition is representing a leading Magic Circle Law Firm who are in search for a Partnership Accountant (6 months contract), ideally looking for someone who is on a short notice or immediately available. They are willing to consider individuals who are looking to work part time or interested in a more remote based role.

As a Partnership Accountant you will have the opportunity to support the firm's partnership accounting & partner finance function. This includes the calculation and payment of partners' profit share (drawings & distributions), the management of partnership capital and partnership capital loan, partners' tax reserving and tax payments.

As the Partnership Accountant some of your responsibilities include:

  • Managing the annual capital contribution process
  • Managing relationships with the banks and legal advisers
  • Forecasting of bank facility limits
  • Responsible for the maintenance and reconciliation of partners' capital general ledger accounts
  • Reconciling interest and arranging the quarterly loan interest payments to the firm's banks
  • Ownership of the Partner joiner, mover and retiree processes
  • Calculating the annual Global charity contributions
  • Ownership and reconciliation of partners disbursements accounts
  • Assisting with the year-end audit & liaising with auditors
  • Preparing year-end capital schedules to facilitate the production of the annual partner statements and disclosure in the firm's Annual Report & Financial Statements
  • Providing support to the teams' management in ad-hoc project work, such as the development of new partner processes and systems

To be successful in this Partnership Accountant position, some of the requirements include:

  • Qualified Accountant
  • Significant experience in Partnership Accounts within a Law Firm or professional services setting
  • Ability to provide a high level of client service
  • Great communicator and the ability to effectively support the team
  • Proactive and work well under pressure

If you are interested in this fantastic opportunity to support a Global firm as a Partnership Accountant, then please apply with your updated CV.