At a Glance
- Tasks: Manage partner transactions and financial reporting in a dynamic finance team.
- Company: Lewis Silkin LLP, an inclusive employer committed to diversity.
- Benefits: 18-month contract with opportunities for professional growth and flexible working.
- Other info: Inclusive culture that values diverse perspectives and supports all applicants.
- Why this job: Join a supportive team and make a real impact in partnership accounting.
- Qualifications: Qualified or part qualified in ACCA/CIMA with strong Excel skills.
The predicted salary is between 40000 - 50000 £ per year.
This job is with Lewis Silkin LLP, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
About the Team:
The Finance team supports all aspects of the firm’s financial requirements, from strategic support to transactional processing. The Financial Planning and Analysis (FP&A) team, based in Cardiff and Manchester, is responsible for management information, financial reporting, VAT/PAYE compliance, payroll oversight and all partner-related transactions.
About the Role:
The Partnership Accountant is responsible for all aspects of partner-related transactions, reporting and modelling, with weekly, monthly and quarterly deliverables. Please note, this is an 18-month Fixed Term Contract. Working collaboratively with other team members in Cardiff, Manchester and London, responsibilities will include:
- Preparing the annual partnership profit model for inclusion within the Firm’s financial statements.
- Preparing the annual partner current accounts model and working papers and issuing current account statements in October and February.
- Acting as main point of contact for the firm’s tax advisors, providing documentation for the UK partnership tax returns, and arranging senior management approval.
- Managing all partner personal tax activities: collating UK and Ireland tax liabilities (January and July) and ensuring HMRC deadlines are met; acting as main point of contact for partners’ personal tax advisors; preparing tax analysis workings, estimates and equalisation calculations; maintaining tax payment trackers; and assisting with ad-hoc tax queries.
- Maintaining the partnership points tracker, partner-related nominal account codes and performing quarterly balance sheet reconciliations.
- Calculating quarterly distribution payments and assisting with monthly drawings calculations, including arranging payment and posting to Elite.
- Production of earnings confirmation letters (or similar) for partners.
- Reviewing partnership agreements and calculating ad-hoc payments as required (e.g. during the partner appraisal process).
- Preparing ad-hoc profit share modelling and other partner financial modelling as required.
- Dealing with ad-hoc internal partnership queries and other tasks, including general partnership administration tasks, as they arise.
About You:
You will have a professional manner, excellent communication and interpersonal skills, and have previous experience working within an office. You’ll have a flexible nature and will enjoy working within a fast-paced team, and will be highly organised. You’ll also possess strong numeracy and attention to detail skills, which will be key within this role. We are looking for someone who is passionate about being a team player, who is keen to support others. Our ideal candidate will be able to demonstrate:
- Qualified or part qualified and studying towards ACCA/CIMA (or equivalent), with a track record in a similar role.
- Previous law firm or partnership accounting experience is desirable but not a requisite.
- Strong Excel skills (including Lookup, Pivot and Chart functions), data extraction and analysis techniques, and experience with practice management/accounting systems (e.g. Elite/SAP).
- Experience with Microsoft Reporting Services or similar is desirable.
- Excellent organisational skills with the ability to prioritise and manage competing deadlines.
- Strong attention to detail and commitment to accuracy, balanced with a pragmatic approach to delivery.
- Proactive communicator who identifies and implements process improvements.
Additional Information:
At Lewis Silkin our ethos is simple. We strive to do the best for our clients, our people and the communities in which we operate. We recognise that an inclusive workplace allows for all kinds of ideas and thoughts, a variety of points of view that can trigger discussions or deliver innovative results, and a wide range of versatile skills and expertise. We are proud of the diversity within Lewis Silkin and of our culture that allows people to be themselves at work, ensuring we provide the best possible service to our clients. We are committed to supporting candidates throughout the recruitment process by supporting anyone who requires adjustments, in order to ensure they have the opportunity to perform at their best. All applicants will be considered equally and fairly. If you’d like to request any adjustments throughout the recruitment process, or would like to discuss flexible working patterns, please email the recruitment team in confidence (recruitment@lewissilkin.com).
Partnership Accountant in Cardiff employer: Lewis Silkin LLP
Lewis Silkin LLP is an exceptional employer that champions inclusivity and diversity, making it a vibrant place to work. With a strong focus on employee growth and development, the Finance team in Cardiff fosters a collaborative environment where team members can thrive while contributing to meaningful financial processes. The firm not only values its employees' well-being but also actively supports flexible working arrangements, ensuring that everyone can perform at their best.
Contact Details:
Lewis Silkin LLP Recruitment Team
recruitment@lewissilkin.com
StudySmarter Expert Advice🤫
We think this is how you could land Partnership Accountant in Cardiff
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors, especially those who might have insights into Lewis Silkin LLP. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves strong Excel capabilities and financial modelling, make sure you can showcase your expertise in these areas during the interview.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation for the opportunity. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the team at Lewis Silkin LLP.
We think you need these skills to ace Partnership Accountant in Cardiff
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Partnership Accountant role. Highlight your accounting qualifications, Excel skills, and any relevant experience in partnership accounting or law firms.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role and how you can contribute to our team. Mention specific examples from your past experiences that demonstrate your organisational skills and attention to detail.
Showcase Your Team Spirit:We love team players! In your application, share instances where you've collaborated with others to achieve a common goal. This will show us that you’re not just about numbers but also about building relationships.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Lewis Silkin LLP
✨Know Your Numbers
As a Partnership Accountant, you'll be dealing with financial models and partner-related transactions. Brush up on your Excel skills, especially Lookup and Pivot functions, and be ready to discuss how you've used these in previous roles. This will show that you're not just familiar with the tools but can also apply them effectively.
✨Understand the Firm's Culture
Lewis Silkin values inclusivity and teamwork. Research their ethos and think about how you can contribute to their culture. Be prepared to share examples of how you've worked collaboratively in the past and how you can support others in a fast-paced environment.
✨Prepare for Technical Questions
Expect questions related to partnership accounting and tax compliance. Review key concepts like VAT/PAYE compliance and partner profit models. Being able to explain these clearly will demonstrate your expertise and readiness for the role.
✨Show Your Proactive Side
The job requires a proactive communicator who identifies process improvements. Think of instances where you've improved processes or solved problems in previous roles. Sharing these examples will highlight your initiative and fit for the team.
