Partnership Accountant

Baringa; London; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

Join a forward-thinking consulting firm as a Partnership Accountant, where you will play a vital role in managing partner compensation and enhancing the partner finance offering. This position offers the opportunity to work closely with partners, providing expert financial advice and support. You will be part of a dynamic team that values innovation and collaboration, ensuring the delivery of exceptional service to partners. With a commitment to work-life balance and a people-first culture, this role is perfect for those looking to make a meaningful impact in a supportive environment.

Benefits

Generous Annual Leave Policy

Flexible Working

Corporate Responsibility Days

Wellbeing Fund

Profit Share Scheme

Qualifications

• Qualified accountant with experience in partnership accounting.
• Strong communication skills for engaging with partners.

Responsibilities

• Calculate partner remuneration and distributions for 200 global partners.
• Support the design and application of global partner tax reserving.

Skills

Partnership Accounting

Financial Projections

Communication Skills

Attention to Detail

Team Collaboration

Multi-Currency Experience

Education

ACA/CIMA/ACCA Qualified

Job description

Partnership Accountant

About Baringa:
We set out to build the world's most trusted consulting firm - creating lasting impact for clients and pioneering a positive, people-first way of working. We work with everyone from FTSE 100 names to bright new start-ups, in every sector.

You'll find us collaborating shoulder-to-shoulder with our clients, from the big picture right down to the detail: helping them define their strategy, deliver complex change, spot the right commercial opportunities, manage risk, or bring their purpose and sustainability goals to life. Our clients love how we get to know what makes their organisations tick - slotting seamlessly into their teams and being proudly geeky about solving their challenges.

We have hubs in Europe, the US, Asia and Australia, and we work all around the world - from a wind farm in Wyoming to a boardroom in Berlin. Find us wherever there's a challenge to be tackled and an impact to be made.

Our Finance team are looking for an experienced Partnership Accountant to join the team.

As part of Baringa's finance team, thePartner Finance team prides itself on providing an exemplary service to partners as shareholders ofthe business - from onboarding, their time as active partners and also as theyexit the partnership. We are embarking on an exciting journey of building ourshareholder finance provision into one that still feels personal but is processdriven, fully tech-enabled and scalable.

What you will be doing

With the support of the Director of Partner Finance, a keyfocus will be partner compensation for our 200 global partners including thecalculation of partner remuneration, projections, and distributions. We are atan exciting phase in the evolution of Partner Finance, embarking on areplatforming of our complex model and revamp of our partner collateral, andyour role will be pivotal in the support and implementation of this.

The key responsibilities include:
• Partner compensation
  Deep understanding of Baringa's partnership model, and calculation of annual profit sharing, equity points issue and allocation of valuation across all partners
  Calculation of quarterly partner capital distributions
  Delivery of the bi-annual individual partners' financial detail (aka "financial strips") to all partners in line with the agreed timetable
  Preparation of annual financial projections for existing and prospective Partners
  Support in the design and application of global partner tax reserving
• Partner support
  Technical expert and trusted advisor to partners, including presenting to partners via Q&A sessions and 1:1 presentations
  Support the end of year partner performance process with provision of financial information
  Maintain financial information as set out in the Partnership Finance Handbook and issue to partners on request
• Enhancement of Partner Finance offering
  Integral part in the testing and implementation of tech-transformed partner allocation model
  Work with the Director of Partner Finance to provide updates and improvements to materials and processes supporting the onboarding of partners, and those relating to existing and retiring partners.

Your skills and experience

• ACA/CIMA/ACCA (or equivalent) qualified accountant, preferably with experience gained in a large practice and/or professional services environment
• Experience of partnership accounting preferred
• Demonstrable attention to detail and desire to deliver a first-rate service, with a solutions-orientated mindset
• An excellent communicator, confident when communicating with partners and staff at all levels
• A track record of effective team working, inside and outside of the finance team
• Comfortable working in a fast-paced environment with a high degree of change
• Experience of working in an international and multi-currency business

What a career at Baringa will give you

Putting People First.
Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:

• Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.
• Flexible Working: We know that the 'ideal' work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.
• Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.
• Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We've introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice.
• Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company's success.

Diversity and Inclusion.
We are proud to be an Equal Opportunity Employer. We believe that creating an environment where everyone feels a sense of belonging is central to our culture and that diversity is paramount to driving creativity, innovation, and value for our clients and for our people.

An award-winning workplace.
You can be a part of our 'Great Place to Work' - with our commitment to women and well-being in the workplace for all. Click here to see some of our recent awards and how we've achieved this.

Using business as a force for good.
We maintain high standards of environmental performance and transparency, which can be seen through our commitment to Net Zero with our SBTI-verified Scope 1, 2 and 3 emissions reduction targets and our support of the Better Business Act. We report our progress publicly and ensure that we are also externally assessed and scored through organisations like CDP and EcoVadis - helping us to continually identify where we can improve.

We have a long legacy of supporting the communities in which we work, and offer a variety of ways to contribute, by putting people first and creating impact that lasts. Our Corporate Social Responsibility (CSR) agenda is about giving back to the communities in which we live and work by sharing our skills, talent and time. In essence, we aim to empower and encourage everyone in the firm to contribute to the things we care about, and support registered charities and organisations with a clear social or environmental purpose to increase the positive impact they can have.

Join us

All applications will receive consideration for employment without regard to race, ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, faith or social background. We do not filter applications by university background and encourage those who have taken alternative educational and career paths to apply. We would like to actively encourage applications from those who identify with less represented and minority groups. We operate an inclusive recruitment process, ensuring reasonable adjustments where needed. Please contact a member of our Recruitment Team to discuss further.