Partnership Accounting Supervisor

Career Legal; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Career Legal is seeking a Partnership Accountant Supervisor to join its global Partnership Accounting team in London. The role focuses on partner accounting processes and close collaboration with Partners.

You will manage capital, payments, journals, and reconciliations in Elite 3E, contribute to budgets and cash flows, and support audits and process improvements across regions.

Qualifications

• Experience in professional services or accounting practice in a similar role.
• Minimum of five years relevant experience in partnership accounting or law firms.

Responsibilities

• Oversee partner accounting processes globally including calculating partner payments and preparing partner statements.
• Calculate, monitor and maintain partner capital; manage annual capital calls, loan draws and repayments.
• Assist with budgets and cash flows for partner remuneration and firm cash flow.
• Prepare partner journals and reconcile accounts to cash and accrual balances in Elite 3E.
• Induct and meet with partners to review financials and coordinate with Senior Manager on consistent US/non-US approaches.
• Support audits and accounting queries related to partners and provide coverage during absences.

Skills

Partner accounting experience

Education

Part or fully qualified accountant

Tools

Elite 3E

Job description

This international law firm has a history going back to the 1930s. It is now a leading and award-winning firm with a client base encompassing some of the best names in retail, banking, real estate, sports, and utilities.

The firm is based in the city, ideally placed for commuters. They offer a generous benefits package that includes a flexible element with an option of choice.

The Partnership Accountant Supervisor is a key member of the Partnership Accounting team. The role will have responsibility for performing accounting procedures and tasks that are unique to Partners. This position has internal contact with Partners of the Firm.

Responsibilities

• Assisting the Partnership Accounting team with all partner accounting processes globally including but not limited to the following tasks:
• Partners’ services including calculating and processing partner payments and preparation of individual partner statements.
• Calculate, monitor and maintain partner capital, including the annual capital call, arranging loan finance drawdown and capital repayments.
• Assisting with budgets and cash flows for partner remuneration and firm cash flow.
• Preparation of partner journals and reconciling individual partner accounts to the cash and accrual balances within Elite 3E.
• Induction and outgoing meetings with partners to go over their financials.
• Working closely with the Partner Accounting Senior Manager to ensure a consistent approach between US and non US partners and assisting with identification and implementation of process improvements.
• Helping the Global Partnership Tax and Payroll Director and Partner Accounting Senior Manager.
• Assisting with audit and accounting queries in relation to partners.
• Ability to cover tasks for other team members when they are out of the office and to assist team members during busy periods.

Candidate Profile

• Part or fully qualified accountant desirable but not essential.
• Demonstrable experience of all or most of the key tasks outlined above.
• Minimum of five years relevant experience working within a professional services or accountancy practice in a similar role, ideally a partnership accounting role within a law firm.