Job Description

You will manage the team, ensuring the team deal with all UK and international partner queries, organizing partner payments, preparation of partner current account statements and dealing with queries from partners relating to their payments. Meeting with new and existing partners to explain the firm's drawings policies, capital requirements, partner benefits and tax return process.

You will also be responsible for the partners’ tax reserves, ensuring these are reconciled on a regular basis and investigating any differences. Also liaising with the firm’s tax advisors regarding the partners’ tax accounts & returns.

• Reconciliation of all partner current accounts, tax reserves & capital accounts and ensuring that any discrepancies are highlighted and resolved.
• Reviewing the monthly reconciliation of partner capital account balances. Ensuring new partner loans are arranged with the bank on a timely basis.
• Preparation of annual partner statements, including reconciliation of partner balances between statements and the accounts system.
• Reviewing the partner tax reserves and reconciling them to Adherent. Investigating differences and liaising with our external tax advisors as necessary.
• Reviewing the monthly drawings to be paid to all partners including their quarterly interest and annual draw payments.
• Ensuring monthly and quarterly drawings are paid on time both in the UK and internationally and that they are recorded correctly in the accounting system.
• Dealing with partner queries in relation to their drawings payments and partnership obligations.
• Assisting with partner benefits queries and arranging benefit cover for both new and existing partners.
• Providing partners with mortgage reference letters.
• Reconciliation of retired partner balances, including repayment of balances to partners as scheduled.
• Ad hoc duties as required.

Required Knowledge, Skills, and Abilities

• A qualified accountant with several years’ experience of working in partnership accounting.
• Previous experience of managing a team of partnership accountants, with the ability to priorities and manage workload.
• Highly visible with a flexible, positive approach and proactive manner.
• Adherent or Elite knowledge would be advantageous but not essential.
• Intermediate Excel skills & knowledge required.
• Good attention to detail.
• A team player with a flexible and willing attitude.