At a Glance
- Tasks: Manage LLP member accounts, payroll reporting, and financial control tasks.
- Company: Join a fast-growing, respected organisation in Canary Wharf.
- Benefits: Enjoy a dynamic work environment with opportunities for process improvements.
- Why this job: Be part of a crucial finance role that impacts the entire partnership.
- Qualifications: Strong understanding of double-entry bookkeeping and LLP accounting required.
- Other info: Must be eligible to work in the UK full time.
Sheridan Maine is delighted to partner with a fast-growing, highly respected organisation based in Canary Wharf to recruit an LLP Accountant. This is a fantastic opportunity for a detail-oriented finance professional with a strong grounding in partnership accounting and a proactive mindset. This position plays a crucial role in managing LLP member capital accounts, compensation and payroll reporting, and maintaining financial control across a range of partnership-related areas.
Your responsibilities as the LLP Accountant will include:
- Ensure the accuracy and integrity of compensation-related P&L and balance sheet entries, including monthly GL postings, reconciliations, and reviews.
- Maintain LLP member capital accounts and oversee reporting, including Oracle Partnership portal updates.
- Act as the main liaison with external banks regarding member capital loans.
- Manage records of LLP membership changes and maintain deed of adherence documentation.
- Reconcile and report profit allocations and tax liabilities in collaboration with the Partnership Tax team.
- Oversee share-based accounting, including equity sales within the LLP structure.
- Engage with HR, Business Managers, Partnership Tax, and Financial Reporting to meet deadlines and deliverables.
- Provide timely audit support and maintain confidentiality of sensitive data.
- Drive process improvements and document accounting policies and procedures.
- Support the Compensation Accounting Manager with ad hoc tasks.
- Maintain awareness of Conduct Risk issues, ensuring compliance with market integrity standards.
To be considered for the role of LLP Accountant:
- Excellent understanding of double-entry bookkeeping and UK personal tax principles.
- A background in LLP or partnership accounting – experience with compensation and payroll in this context is a strong advantage.
- A control-focused approach with sharp analytical and reporting skills.
- Proactive attitude with strong organisational skills and the ability to prioritise.
- Excellent communication skills and confidence working across multiple departments.
If you’re passionate about this position or are keen to hear more, please click on “apply” as soon as possible. You are required to be eligible to work in the UK full time without restriction. Due to the high volume of applications, it is not always possible to respond to unsuccessful applicants. Therefore, if we have not responded to your application within five days, please assume that on this occasion your application has not been successful.
LLP Accountant employer: Sheridan Maine
Contact Detail:
Sheridan Maine Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land LLP Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting software mentioned in the job description, such as Oracle. Having hands-on experience or knowledge of this system can set you apart from other candidates.
✨Tip Number 2
Network with professionals in the LLP and partnership accounting field. Attend industry events or join relevant online forums to connect with others who may provide insights or even referrals for the position.
✨Tip Number 3
Brush up on your understanding of UK personal tax principles and double-entry bookkeeping. Being able to discuss these topics confidently during an interview will demonstrate your expertise and readiness for the role.
✨Tip Number 4
Prepare examples of how you've driven process improvements in previous roles. This will showcase your proactive attitude and ability to enhance efficiency, which is a key aspect of the LLP Accountant position.
We think you need these skills to ace LLP Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in LLP or partnership accounting. Emphasise your understanding of double-entry bookkeeping and any relevant payroll experience to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your proactive mindset and detail-oriented approach. Mention specific examples of how you've managed financial controls or improved processes in previous roles.
Highlight Relevant Skills: In your application, clearly outline your analytical skills and ability to work across multiple departments. Use keywords from the job description to demonstrate that you meet the essential criteria.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for the role of an LLP Accountant.
How to prepare for a job interview at Sheridan Maine
✨Showcase Your Technical Skills
Make sure to highlight your understanding of double-entry bookkeeping and UK personal tax principles during the interview. Be prepared to discuss specific examples from your past experience in LLP or partnership accounting, especially related to compensation and payroll.
✨Demonstrate Your Proactive Mindset
Since the role requires a proactive attitude, share instances where you took the initiative to improve processes or solve problems. This will show that you can drive process improvements and maintain financial control effectively.
✨Communicate Clearly Across Departments
Excellent communication skills are essential for this position. Practice articulating how you've successfully collaborated with different departments, such as HR and Financial Reporting, to meet deadlines and deliverables.
✨Prepare for Technical Questions
Expect questions related to managing LLP member capital accounts and handling compensation-related P&L entries. Brush up on relevant accounting standards and be ready to explain your approach to maintaining accuracy and integrity in financial reporting.