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- Tasks: Manage partner-related transactions and ensure compliance with internal policies.
- Company: Join a leading global law firm known for its professional excellence.
- Benefits: Enjoy flexible working with 3 days in the London office and competitive perks.
- Why this job: Be part of a dynamic team, enhancing your accounting skills in a prestigious environment.
- Qualifications: Must be a qualified accountant with experience in professional services.
- Other info: This is a 9-month fixed-term contract with opportunities for growth.
The predicted salary is between 48000 - 72000 £ per year.
Accounting Manager position now available on a 9 month FTC basis at a leading global law firm. This role sits in the firm's Partnership Accounting team; however, they are not looking for someone with partnership accounting experience, more so looking for a strong all-round Accountant who is happy to pick up partnership accounting work.
Duties include:
- Management of relationship with the global finance team and individual overseas offices to ensure that accounting for partner-related transactions with overseas offices are recorded and in compliance with internal policies.
- Management and review of the calculations for the partner profit allocations and priority share balances included in the Firm's monthly management accounts.
- Management of the firm's annual profit points by individual, department, and office, including maintaining the forward projections in connection with the Global Equity Plan.
- Calculation of the firm's provision for payments to former partners for inclusion in the annual accounts.
- Management of the Trial Balance ensuring that department GL accounts are reconciled in a timely manner and in accordance with the firm's policies.
- Involvement in the development of foreign currency accounting practices for the team including inter-office/inter-entity accounting.
- Input into the annual Consolidated Report & Financial Statements preparation process (from Partners/Members Interest perspective) together with input into the preparation of the statutory accounts for UK registered Limited Liability Partnerships.
- Managing the year-end partner balance audit process including coordinating the production of information with the team and delivering on a timely basis to the firm's Auditors.
- Managing the allocations of the global partner benefit policies comprising the confirmation of cover for Life Assurance, Personal Accident, and Permanent Health Insurances together with the year-end cost allocations across the partner population.
Experience needed: Qualified accountant with a background in professional services. Applicants will need to be readily available and able to work in the London office 3 days a week.
Accounting Manager employer: Ambition
Contact Detail:
Ambition Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounting Manager
✨Tip Number 1
Network with professionals in the legal and accounting sectors. Attend industry events or webinars where you can meet people who work at law firms or in partnership accounting roles. This can help you gain insights into the firm’s culture and expectations.
✨Tip Number 2
Familiarise yourself with the specific accounting software and tools commonly used in law firms. Being knowledgeable about these systems can give you an edge during interviews, showing that you're ready to hit the ground running.
✨Tip Number 3
Prepare to discuss your experience in managing relationships with finance teams and overseas offices. Highlight any relevant examples where you've successfully navigated complex accounting scenarios, as this will resonate well with the role's requirements.
✨Tip Number 4
Research the firm’s recent financial reports and news articles. Understanding their current financial standing and any recent changes in their accounting practices will allow you to engage in informed discussions during the interview process.
We think you need these skills to ace Accounting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as a qualified accountant, especially in professional services. Emphasise any relevant skills that align with the duties mentioned in the job description, such as management of financial relationships and accounting practices.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the firm. Discuss your willingness to learn about partnership accounting and how your all-round accounting skills can contribute to the team. Be specific about your past experiences that relate to the responsibilities outlined.
Highlight Relevant Experience: When detailing your work history, focus on experiences that demonstrate your ability to manage financial transactions and compliance with internal policies. Mention any involvement in profit allocations, reconciliations, or financial reporting that showcases your suitability for the role.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that your documents are formatted professionally. A polished application reflects your attention to detail, which is crucial for an accounting role.
How to prepare for a job interview at Ambition
✨Understand the Role
Make sure you have a clear understanding of the Accounting Manager position and its responsibilities. Familiarise yourself with partnership accounting concepts, even if you don't have direct experience, as this will show your willingness to learn and adapt.
✨Showcase Your Experience
Prepare to discuss your previous accounting roles, particularly in professional services. Highlight specific examples where you've managed relationships with finance teams or handled complex financial calculations, as these are crucial for the role.
✨Demonstrate Compliance Knowledge
Since the role involves ensuring compliance with internal policies, be ready to talk about your experience with regulatory requirements and how you've ensured adherence in past positions. This will demonstrate your attention to detail and commitment to best practices.
✨Ask Insightful Questions
Prepare thoughtful questions about the firm's accounting practices, especially regarding foreign currency accounting and partner-related transactions. This shows your genuine interest in the role and helps you assess if the firm is the right fit for you.
