Partnership Accountant

Partnership Accountant

Full-Time 55000 - 65000 £ / year (est.) No working from home possible
Kennedys Law LLP

At a Glance

  • Tasks: Manage partner finances and provide proactive reporting for a leading law firm.
  • Company: Join Kennedys, a global law firm with a supportive finance team.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity to grow in a collaborative and fast-paced setting.
  • Why this job: Be part of a team that ensures financial accuracy and supports partners globally.
  • Qualifications: Experience in partner accounting and strong Excel skills required.

The predicted salary is between 55000 - 65000 £ per year.

Kennedys is looking for a Partnership Accountant to join our Tax Team based in London. The Partnership Accountant will work as part of the Tax Team to provide the Firm with full disclosure in relation to partner finances, and work alongside Global Financial Reporting to provide a proactive reporting and support service to the Firm including management accounts, statutory reporting, board reporting, projects and processes. Team Kennedys Finance team support the Firm globally producing timely and accurate financial and management information, reporting solutions and operational support to maintain the high standard of service offered to the Firm's internal and external clients.

Key Responsibilities

  • Maintain partnership accounting records and current accounts;
  • Assist in maintaining global partner fixed and variable data including remuneration;
  • Prepare and reconcile monthly drawings payments and other partner payments along with internal recharges of expenses to partners;
  • Production of current account statements for partners in relevant currency and reconcile these to the accounting system;
  • Maintain partner capital arrangements;
  • Manage reconciliations and payments to retired partners;
  • Manage onboarding of lateral partner hires and promotees;
  • Work closely with the Group Financial Reporting team on any reporting requirements.

Additional Responsibilities

  • Answer ad hoc partner questions regarding payments, current accounts;
  • Oversee the administration of the firm's car scheme for partners;
  • Offer assistance and training to our assistants in the Tax Team.

Required Experience

  • Experience in global partner accounting preferable within a law firm;
  • Strong attention to detail and discipline in managing your own workload;
  • Strong understanding and practical use of Excel and Elite.

Partnership Accountant employer: Kennedys Law LLP

At Kennedys, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Tax Team in London. Our commitment to employee growth is evident through comprehensive training opportunities and a supportive environment that encourages professional development, making it an ideal place for those seeking meaningful and rewarding careers in partnership accounting.

Kennedys Law LLP

Contact Details:

Kennedys Law LLP Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Partnership Accountant

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Kennedys Law LLP. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Partnership Accountant

Partnership Accounting
Financial Reporting
Management Accounts
Statutory Reporting
Reconciliation
Excel
Attention to Detail

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Kennedys Law LLP.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Kennedys Law LLP's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Kennedys Law LLP

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Kennedys Law LLP.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Kennedys Law LLP will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Kennedys Law LLP employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.