At a Glance
- Tasks: Manage partner accounts, prepare financial reports, and support profit share calculations.
- Company: Leading London law firm with a focus on partnership accounting.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for growth in a prestigious law firm setting.
- Why this job: Join a dynamic team and make a real impact in legal finance.
- Qualifications: Fully qualified in ACA, ACCA, CIMA or equivalent with partnership accounting experience.
The predicted salary is between 50000 - 65000 £ per year.
We are working with a leading London law firm to recruit a Legal Accountant on an 18-month fixed-term contract.
This role sits within the finance team and has a strong focus on partner accounting, supporting the financial management of partner balances, profit allocations, drawings, and tax reserves.
The successful candidate will work closely with partners and senior finance stakeholders to ensure accurate reporting, strong controls, and timely processing of partner-related accounting matters.
Key Responsibilities
Maintain and reconcile partner capital accounts, drawings, profit allocations, and tax reserves.
Prepare and post partner-related journals and ledger entries.
Support partner profit share calculations and distribution processing.
Manage partner current accounts and ensure records are accurate and up to date.
Assist with partner tax reserve calculations and reporting.
Liaise with partners, senior stakeholders, and external advisers on partnership accounting matters.
Support regular and year-end partner remuneration processes.
Work closely with finance and tax teams to ensure consistency of reporting and controls.
Assist with cash flow, forecasting, and ad hoc partnership finance projects.
Contribute to process improvements across partnership accounting.
Candidate Profile
Experience in partnership accounting, partner matters, or a similar law firm finance role.
Strong understanding of partner capital, drawings, distributions, and tax reserve accounting.
Experience in a law firm or professional services environment is highly desirable.
Excellent attention to detail and strong reconciliation skills.
Confident communicating with partners and senior stakeholders.
Able to manage deadlines, maintain confidentiality, and work accurately under pressure.
Strong Excel skills and experience with finance systems Must be Fully Qualified in ACA , ACCA, CIMA or Equivalent
Legal Accountant in London employer: Marc Daniels
As a Payroll and Benefits Administrator at our Colchester Head Office, you will join a dynamic team that values collaboration and employee well-being. We offer a supportive work culture with flexible hybrid working arrangements after your initial probation period, alongside opportunities for professional growth and development. Our commitment to employee satisfaction is reflected in our comprehensive benefits package and the vibrant community atmosphere at our Colchester location.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Accountant in London
✨Get Involved in Legal Networking Events
Jump into local or virtual legal networking events to meet industry pros and get your foot in the door! Use platforms like Eventbrite or Meetup to find gatherings, as these are great for making connections and hearing about temporary roles at firms like Marc Daniels.
✨Showcase Your Skills Online
Create a simple online portfolio to showcase your legal work, whether that's case briefs, research papers, or even blog posts on legal topics. This public display can really set you apart when looking for temp roles in law, especially if you can make it relevant to the work that Marc Daniels does!
✨Tap into Law School Resources
If you're near a law school, hit up their career services. They often have leads on temporary positions and can help connect you with alumni working at firms. Plus, they might host workshops or job fairs specific to the legal sector—great for scoring that temp position!
✨Stay Updated with Legal Job Boards
Regularly check specialised legal job boards like LawCareers.Net or TotallyLegal for temporary listings. Many firms post their openings directly there, and applying quickly can give you an edge over the competition when looking to join a prestigious firm like Marc Daniels.
We think you need these skills to ace Legal Accountant in London
Some tips for your application 🫡
Show Off Your Legal Know-How:In the legal services world, it's all about demonstrating your understanding of relevant laws and regulations. Make sure your CV highlights your legal training, internships, or any relevant projects you've worked on. If you've done any mooting or legal research, include those too - they can really set you apart!
Tailor Your Application for the Temp Role:Since this is a temporary position, your application should stress your adaptability and readiness to jump in right away. Highlight any previous temp roles where you quickly got up to speed, or any diverse experiences that show you can handle a variety of cases or tasks with ease.
Keep it Specific with Your Documents:Make sure your application includes essential legal documents, such as any relevant certifications or memberships in legal bodies. These can add credibility to your CV and show that you're serious about the profession – especially useful in a competitive field like law!
Express Your Enthusiasm in the Cover Letter:Your cover letter is a golden opportunity to express your enthusiasm for the role and the organisation. Let them know why you’re excited about this temporary position with Marc Daniels and how you're motivated to contribute to their success during your limited time with them!
How to prepare for a job interview at Marc Daniels
✨Show Off Your Legal Know-How
Prepare to discuss your understanding of legal terminology and concepts that might come up during the interview for the Legal Accountant role at Marc Daniels. Brush up on relevant laws or recent cases that could be pertinent to the temporary position, as they'll likely appreciate candidates who can think on their feet and adapt to the fast-paced legal environment.
✨Talk About Your Flexibility
Since this is a temporary role, employers want to know you can hit the ground running. Be ready to highlight past experiences where you've had to quickly adapt to new tasks or work cultures. Flexibility is key in a short-term position like this, so share specific examples that demonstrate your ability to manage changing priorities efficiently.
✨Prepare for the Casework Challenge
You might face hypothetical scenarios where you'd have to advise on a legal issue or case. Practice articulating your thought process clearly, as interviewers in the legal sector often expect candidates to walk them through their reasoning step-by-step. This will not only showcase your legal acumen but also demonstrate your communication skills, which are crucial in law.
✨Pitch Your Legal Portfolio
If you have any relevant work samples, such as briefs, contracts, or legal research, this is your chance to shine! Be ready to discuss what you did, what challenges you faced, and the outcomes. This speaks volumes more than just listing your skills; it shows you're proactive and results-oriented, which is essential for a temporary role at Marc Daniels.
