Senior Partner Matters Accountant

Hogan Lovells; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading global law firm is seeking a Senior Partner Matters Accountant in London. This role demands precision in managing partner compensation payments and reconciliation. The ideal candidate should have accounting qualifications, preferably ICAEW, ICAS, or ACCA, with proficiency in Excel and accounting software. The position offers dynamic working hours and a collaborative environment, focusing on financial matters relating to partners in a supportive team setting. A commitment to detail and excellent communication is essential.

Qualifications

• Qualified Accountant needed with knowledge of accounting principles.
• Experience with Excel and accounting software is essential.
• Strong analytical and communication skills required.

Responsibilities

• Manage all partner compensation payments and reconciliations.
• Prepare documentation and standardize accounting policies.
• Collaborate with the Partner Matters Manager on process improvements.
• Calculate partner capital and maintain accurate records.
• Contribute to partner compensation and bonus processes.

Skills

Analytical ability

Communication skills

Organisational ability

Attention to detail

Initiative

Tact and diplomacy

Education

Qualified Accountant – ICAEW, ICAS or ACCA preferred

Tools

Microsoft Office

3E accounting software

Job description

Keen to become part of a truly global, collaborative team of professionals? Your journey begins here.

Job Title

Senior Partner Matters Accountant

Department

Finance – Tax & Partner Matters Team

Office Location

London

Reports To

Partner Matters Manager

Working Hours

35 hours per week, 9:30am to 5:30pm but additional hours may be required. We are happy to consider agile and flexible working patterns. Our approach to hybrid working allows for up to 40% of time working from home and 60% working in the office, please contact a member of the recruitment team to discuss further.

Firm Description

Hogan Lovells is one of the leading global law firms. Our distinctive market position is founded on our exceptional breadth of our practice, on deep industry knowledge, and on our 'one team' global approach. Formed through the combination of two top international law firms, Hogan Lovells has over 40 offices in the Americas, Asia‑Pacific, Europe, the Middle East and Africa.

With a presence in the world's major financial and commercial markets, we are well placed to provide excellent business-oriented advice to our clients locally and internationally. Our people are the key to our success, which is why we seek to recruit and retain the most talented individuals in all regions of our global practice.

Department Description

The Tax & Partner Matters team deals with financial and tax matters relating to the partners’ financial involvement in the firm. The team provides support to the firm's senior management on partner-related finance issues, partnership tax compliance and tax planning. The sub‑team of Partner Matters is primarily responsible for dealing with payments to partners, partners’ capital, partners’ joining and leaving arrangement and ad hoc partner queries.

Role Overview

The Senior Partner Matters Accountant has primary responsibility for ensuring the accuracy of the accounting relating to partners’ financial involvement in the firm. This involves overseeing and ensuring that all journal postings by overseas Finance Managers and the Partner Matters Accountant are recorded in 3E in a timely and accurate manner and all accounts are fully reconciled.

Key Responsibilities / Accountabilities

• To be responsible for the accounting of all partner compensation payments and reconciliation of partner accounts in the general ledger (3E) and ensure that this is done in an accurate and timely manner.
• Prepare comprehensive documentation and standardise accounting policies pertaining to the Partner Matters team.
• Work closely with the Partner Matters Manager on process and system improvements across the department.
• To have responsibility for the partner capital calculations and ensure the database and records in 3E on a partner‑by‑partner basis are accurate.
• Contribute to the annual partner compensation and bonus process, ensuring the accurate provision of partner information and data.
• Develop a strong understanding of how foreign exchange impacts accounting in 3E and how journals can be posted in 3E to minimise the adverse impacts of foreign exchange.
• Liaise with the overseas Finance Managers in relation to the maintenance of accounting records relating to partners based overseas.
• Work with the external auditors and provide information as requested as part of the annual audit of the financial statements.

In addition, the Senior Partner Matters Accountant will:

• Work collaboratively with the Partner Matters Accountant.
• Attend to queries from partners, external advisers and suppliers as they arise.
• Provide partner compensation information to the Tax team and the Statutory Accountants as requested for external reporting.
• Work with the Tax Accountant to clear down and reconcile in 3E historic tax reserve accounts.
• Acquire a comprehensive understanding of the drawings and distribution process, offering input where appropriate, including covering duties for the Partner Matters Accountant when required.
• Participate in ad hoc projects and assist as required with all aspects of the department's work.

Specific duties or responsibilities may be reviewed from time to time to reflect changes in personnel and management structure, staff location or services.

All members of the firm participate in our Responsible Business program.

Person Specification

Qualifications and Training

• Qualified Accountant – ICAEW, ICAS or ACCA preferred.
• A good working knowledge of Microsoft Office, Excel in particular is essential.
• Experience of 3E or similar accounting software.

General Attributes

• Analytical ability – dealing with complex problems and large amounts of data.
• Communication skills – explaining technical issues clearly, both orally and in writing, to colleagues in finance, partners and external advisers.
• Organisational ability – prioritising tasks to meet deadlines.
• Attention to detail – ensuring work is prepared to a high standard.
• Initiative – anticipating issues and identifying improvements to processes and procedures.
• Tact and diplomacy – dealing appropriately with sensitive personal data relating to partners.

Agile Working Statement

Our goal is to embed flexibility across our business by giving everyone the opportunity to work in an agile way, whether as a regular pattern or on an ad hoc basis, and we will be happy to discuss this further.

Equal Opportunities Employment Statement

It is the policy of Hogan Lovells to provide equal opportunities for all employees in relation to recruitment, training and promotion. Decisions in these areas will be made only by reference to the requirements of the job and shall not be influenced by any consideration of racial or ethnic origin, religion, sex, gender and gender identity, age, sexual orientation, marital and civil partnership status, pregnancy or disability.