At a Glance
- Tasks: Lead a team managing partner accounts and financial processes across 30 global offices.
- Company: Prestigious international law firm with a collaborative culture.
- Benefits: Hybrid working, competitive salary, and opportunities for career progression.
- Other info: Join a dynamic team focused on collaboration and long-term development.
- Why this job: Make a significant impact in a high-performing team within a global law firm.
- Qualifications: Experience in partnership accounts within a law firm and strong leadership skills.
The predicted salary is between 72000 - 108000 £ per year.
Our client, a prestigious international law firm, is seeking a Head of Partnership Accounts to lead a high-performing sub team within their Partner Financial Affairs function. This is a rare opportunity to take ownership of a broad and impactful portfolio of work, supporting the firm\’s global partnership structure.
This is a global position overseeing the partner finance and partner accounts functions across 30 offices in 20 countries. You\’ll be joining a collaborative and well-established team of 10 professionals (5 Tax Advisers and 5 Partnership Accountants), reporting directly to the Head of Partner Financial Affairs. The wider Accounts department comprises around 70 individuals, based in London.
The Head of Partnership Accounts will be responsible for managing the full partner accounting function. This includes determining how, when, and how much partners are paid, overseeing all calculations, tracking and posting profit allocations, managing capital contributions and partner loans, and handling financial processes for joiners and leavers. The role involves regular calls and meetings with partners to explain financial structures and decisions. This is a hands-on position, and the firm is clear that applicants will need to be comfortable and happy to get involved in the detail and day-to-day work.
Key Responsibilities
- Lead and manage a team of 5 Partnership Accountants.
- Oversee all partnership accounting workstreams including:
- Drawings and distributions
- Capital contributions
- Cashflows and annual statements
- Profit allocations
- Partner joiners, leavers, and secondees
- Monitor team capacity and delegate effectively through weekly meetings.
- Manage team development, appraisals, and career progression.
- Act as the primary contact for internal departments such as Partner HR.
- Handle day-to-day accounting for selected offices, including those with complex structures.
- Lead reviews of key deliverables and support team members to meet deadlines.
- Drive new office set-ups and coordinate strategic projects to improve systems and processes.
Experience required
The successful person must come from a law firm background-this is non-negotiable with a wealth of experience in Partnership Accounts as well as having experience managing or supervising staff.
The Head of Partnership Accounts will be expected to manage workflows, triage new work, and contribute directly to the preparation and review of financial materials. While the firm is open to people who are not currently at head-of-level, they must be technically strong and confident in their ability to lead and support the team.
Personality fit is crucial. The firm is looking for someone who is grounded, collaborative, and eager to drive the team forward without upsetting the existing dynamic. The right person will be open-minded, respectful, and enthusiastic about contributing to a well-established team.
They are looking for someone who is down-to-earth, a team player and someone who will see this as a long-term role and will be committed to the development of the team.
The standard hybrid policy is three days in-office, but flexibility is possible for the right person.
If this job isn\’t quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply.
Head of Partnership Accounts employer: Ambition
Contact Detail:
Ambition Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Partnership Accounts
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field and let them know you're on the hunt for a Head of Partnership Accounts role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of partnership accounting and the specific challenges faced in law firms. Be ready to discuss how you can lead a team effectively and improve processes, as this will show you're the right fit for the job.
✨Tip Number 3
Don’t forget to showcase your personality! Firms are looking for someone who fits their culture, so be genuine and enthusiastic during your conversations. Share your experiences and how you’ve contributed to team success in the past.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always on the lookout for talented individuals like you, so don’t hesitate to take that step!
We think you need these skills to ace Head of Partnership Accounts
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Partnership Accounts role. Highlight your experience in partnership accounts and any leadership roles you've held. We want to see how your background fits with our client's needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Be sure to mention your law firm experience and your approach to team management, as these are key for us.
Showcase Your Team Spirit: Since personality fit is crucial, let your collaborative nature come through in your application. Share examples of how you've worked well in teams and contributed to a positive work environment. We love a down-to-earth team player!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Ambition
✨Know Your Numbers
As the Head of Partnership Accounts, you'll be dealing with complex financial structures. Brush up on your knowledge of partnership accounting principles and be ready to discuss specific examples from your past experience. This will show that you’re not just familiar with the theory but can apply it in practice.
✨Show Your Leadership Style
Since you'll be managing a team of Partnership Accountants, think about your leadership approach. Prepare to share how you've successfully led teams in the past, especially in high-pressure situations. Highlight your ability to delegate effectively and support team development.
✨Understand the Firm's Culture
This law firm values collaboration and a down-to-earth personality. Research their culture and be prepared to discuss how your personal values align with theirs. Share examples of how you've contributed positively to team dynamics in previous roles.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making process. Think of situations where you had to manage workflows or handle complex financial issues. Be ready to explain your thought process and the outcomes of your decisions.