Partner Matters Accountant

Hogan Lovells; London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Partner Matters Accountant to join their dynamic Finance team in London. This role is pivotal in managing partner payments and accounting transactions, ensuring accuracy and timeliness in financial dealings. The successful candidate will work closely with partners, addressing queries and improving departmental procedures. With flexible working options and a commitment to a diverse workforce, this opportunity is perfect for those looking to grow in a supportive environment while contributing to a leading global law firm's success.

Qualifications

• Relevant experience in professional services preferred.
• Proficient in Excel with formulas like Sumif and Vlookup.

Responsibilities

• Manage monthly drawings, distributions, and bonus payments.
• Oversee bank reconciliations for partner accounts.
• Participate in meetings with partners to explain compensation processes.

Skills

Microsoft Excel

Attention to detail

Communication skills

Work under pressure

Education

A-level/Degree level education

Tools

Microsoft Office

Elite 3E

Job description

Join to apply for the Partner Matters Accountant role at Hogan Lovells

2 weeks ago Be among the first 25 applicants

Job Title

Partner Matters Accountant

Department

Finance

Office Location

London

Reports To

Partner Matters Manager

Working Hours

35 hours per week, 9:30am to 5:30pm, with flexible and hybrid working options. Up to 40% remote work can be discussed.

Firm Description

Hogan Lovells is a leading global law firm with over 40 offices worldwide, known for its broad practice areas, industry knowledge, and a 'one team' approach. We serve major financial and commercial markets, recruiting talented individuals across our global offices.

Department Description

The Partner Matters team is part of the Tax and Partner Matters department, supporting the firm's senior management on partner-related issues, mainly for approximately 400 partners of Hogan Lovells International LLP worldwide.

Role Overview

This role involves managing payments to partners, accounting for partner transactions, and handling non-accounting areas related to partners’ financial interests.

Key Responsibilities

1. Manage monthly drawings, distributions, and bonus payments, ensuring accuracy and timeliness.
2. Oversee bank reconciliations for partner accounts.
3. Maintain accurate data on partner remuneration, including new hires, retirements, and part-time arrangements.
4. Participate in meetings with partners to explain compensation processes and address queries.
5. Handle transaction entries, reconciliations, and reviews related to Partner Matters in the finance system.
6. Assist with tax transaction recording and coordinate with overseas offices for accuracy.
7. Respond to queries from partners and third parties.
8. Review and improve departmental procedures regularly.
9. Maintain data on partner capital subscriptions and loans.
10. Provide earnings confirmations and profit share estimates to third parties.
11. Update partner profile data accurately and timely.
12. Manage partner insurance schedules.
13. Suggest process improvements for team efficiency.

Person Specification

Qualifications, Experience, and Training

• Educated to A-level/Degree level; accounting qualification not required but relevant experience in professional services preferred.
• Proficient in Microsoft Office, especially Excel with formulas like Sumif and Vlookup.
• Good knowledge of Word; familiarity with Elite 3E and document management systems is a plus.

General Attributes

• Ability to plan ahead, work under pressure, and meet deadlines.
• Attention to detail and accuracy.
• Strong communication skills and discretion handling sensitive data.
• Willingness to develop accounting skills.
• Effective workload management and proactive team support.
• Ability to build effective relationships with colleagues and clients.

Additional Information

Flexible working options are available, and we encourage discussions around agile working patterns.

Hogan Lovells is committed to equal opportunity employment and a diverse workforce.