Partnership Accounting Manager

An exciting opportunity has arisen for an experienced Partnership Accounting Manager to lead a specialist finance function focused on partner-related financial operations within a leading global law firm (c.400 partners across EMEA)

This high-profile role is responsible for overseeing the full lifecycle of financial processes relating to partners, ensuring accuracy, timeliness, and compliance across all activities. The successful person will manage a small team and act as a key liaison between senior leadership, partners, external advisers, and the wider finance function.

Key Responsibilities:

• Lead and manage the Partnership Accounts team, including two direct reports: the Senior Accountant and the Partnership Accountant.
• Oversee and review core financial processes including:
• Monthly drawings and quarterly profit distributions
• Partner bonuses, pension contributions, annuities, and retirement payments
• Ad hoc payments, deductions, and capital subscriptions
• Ensure accurate recording and reconciliation of all partner-related transactions in the general ledger system (3E).
• Manage the partner capital process, including reviewing calculations, liaising with banking partners, and ensuring timely documentation.
• Collaborate with the Tax sub-team, supervising cross-functional processes such as tax reserving and reporting.
• Prepare and review financial reporting outputs, including forecasts, year-end packs, and partner earnings confirmations.
• Support partner lifecycle events, including onboarding of lateral hires and retirement transitions, reviewing correspondence and conducting meetings.
• Respond to partner queries, providing clear guidance and support, and liaising with external advisers and suppliers as needed.
• Represent the Partner Matters function in discussions with senior leadership and contribute to strategic decision-making.
• Drive continuous improvement, identifying and implementing enhancements to processes, controls, and reporting.
• Lead ad hoc projects and initiatives as required by the business.

Experience needed:

• Strong experience in partnership accounting - ideally within a law firm or similar professional services environment.
• Understanding of partner remuneration, capital, and related financial processes.
• Either a fully qualified accountant or someone with significant relevant experience.
• Proven ability to manage and develop a small team, with strong review and oversight skills.
• A confident communicator who can engage with senior stakeholders and drive change.

Hybrid working offered - 3 days a week in the office/ 2 from home

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. https://www.ambition.co.uk/refer-a-friend