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- Posted 12 November 2021
- Salary£48000 - £60000 per annum + Flexible working + More!
- LocationCity of London
- Job type Contract
- ReferenceBBBH252685_1636711256
Partnership Accountant (Contract)
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.