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- Tasks: Manage compensation accounting and reporting for LLP operations in the UK.
- Company: Join a leading financial services firm with a focus on innovation.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Make a significant impact in a key finance role while developing your skills.
- Qualifications: Strong understanding of bookkeeping, UK tax, and previous payroll experience preferred.
- Other info: Collaborate with diverse teams and enhance your professional network.
The predicted salary is between 36000 - 60000 £ per year.
The LLP Compensation Accountant will fully support the Compensation Accounting Manager to cover all aspects of Compensation Accounting and related reporting primarily for the BGC and Cantor LLP operations in the UK. The successful candidate shall make an important contribution to the continued development of the Compensation Accounting team whilst constantly raising the bar in terms of quality and control.
Key Responsibilities
- To ensure the integrity of Comp related P&L and Balance Sheet on a timely basis through monthly postings to the GL followed by analytical review and reconciliations.
- Maintain LLP member capital accounts and all reporting thereof including the development and reporting of members capital in the Oracle Partnership portal.
- Main liaison with external bank dealing with the LLP and related member capital loans.
- Monitor and compliance of 'Salaried Member rules'.
- Main Finance liaison for PWC for LLP member return preparation.
- Record keeping of all movements in the LLP membership together with maintaining a database of LLP deed of adherences.
- Work closely with Partnership Tax team to reconcile and report on a timely basis all profit allocations and tax liabilities.
- Undertake all share-based accounting relating to the LLP structure including sale of equity.
- Work closely with relevant stakeholders, namely HR, Business Managers, Partnership Tax and Financial Reporting to ensure all deliverables and reporting requirements are completed on a timely basis.
Key Requirements
- Excellent understanding of double-entry bookkeeping.
- A good understanding of UK personal tax together with reporting requirements.
- A strong academic background and good career progression to date.
- Previous Compensation and Payroll Accounting experience especially within Limited Liability Partnership would be advantageous.
- A good understanding of Equity Compensation would be preferable.
- A control mentality coupled with excellent accounting, analytical and reporting skills.
- Ability to meet deadlines, organise and prioritise.
- Good written and verbal communication skills with the ability to interact with stakeholders throughout the Group with view to developing and maintaining strong relationships.
- Possess a pro-active attitude with an ability to take responsibility.
- Strong attention to detail.
- Supervisory skills would be advantageous.
Systems used
- Strong MS Excel skills (including vlookups, pivot tables, sumifs and charts).
- Prior experience with Essbase and Oracle General Ledger preferable.
LLP and Payroll Manager in London employer: BGC Group
Contact Detail:
BGC Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land LLP and Payroll Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors. You never know who might have a lead on that perfect LLP and Payroll Manager role. Plus, personal referrals can really give you an edge.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss double-entry bookkeeping and UK personal tax. We want you to shine when they ask about your experience with Oracle and Excel!
✨Tip Number 3
Showcase your proactive attitude! During interviews, share examples of how you've taken responsibility in past roles. Highlight your attention to detail and how it has positively impacted your previous teams.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace LLP and Payroll Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the LLP and Payroll Manager role. Highlight your experience in Compensation Accounting and any relevant skills that match the job description. We want to see how you can contribute to our team!
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 role. Mention specific experiences that relate to the key responsibilities and show us your passion for the position.
Showcase Your Skills: Don’t forget to highlight your strong MS Excel skills and any experience with Oracle or Essbase. We love seeing candidates who can demonstrate their technical abilities, especially when it comes to analytical tasks!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at BGC Group
✨Know Your Numbers
Brush up on your double-entry bookkeeping skills and be ready to discuss how you ensure the integrity of P&L and Balance Sheets. Prepare examples from your past experience where you've successfully managed these aspects, as it shows you understand the core responsibilities of the role.
✨Familiarise with Relevant Systems
Make sure you're comfortable with MS Excel, especially vlookups and pivot tables, as well as any experience you have with Essbase and Oracle General Ledger. Being able to demonstrate your proficiency in these systems will give you an edge during the interview.
✨Understand the Tax Landscape
Since a good understanding of UK personal tax is crucial, brush up on the reporting requirements and be prepared to discuss how you've navigated tax-related challenges in previous roles. This will show that you can handle the complexities of the position.
✨Build Relationships
Highlight your communication skills and provide examples of how you've worked with various stakeholders like HR and Finance teams. Emphasising your ability to develop strong relationships will demonstrate that you can collaborate effectively in this role.
