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Partner Accounting Assistant

Employer
Bryan Cave Leighton Paisner LLP
Location
London, United Kingdom
Salary
Competitive Salary
Closing date
Feb 13, 2024

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Job Role
Finance Business Partner
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Team:

Finance Team

Reports to:

Global Partnership Tax and Payroll Director

Purpose of job
This role supports the work of the Finance team on partner accounting.

What’s in it for you?
This is an ideal opportunity for someone looking to take their first steps in an in-house role or for someone looking to build on their existing experience at a leading law firm.

Key responsibilities
Working as part of a global partner accounting team on all partner accounting processes. Tasks involved are as follows:

Partners’ services including payment, analysis and reconciliation of partners’ drawings, calculation of partner drawings and distributions and preparation of individual partner statements.
Calculation of monthly draw account interest.
Monitor partner capital, dealing with the annual capital call and arranging loan finance drawdown. Ensuring the timely payment of monthly/quarterly interest and principal payments.
Liaising with the firm’s partner capital loan providers to ensure all paperwork is completed in a timely manner.
Assisting in the preparation of cashflow statements for potential lateral hire Partners.
Communicates with Partners generally including on new/existing policies and partner queries.
Calculate and maintain schedules of partners’ current accounts in the firm’s nominal ledger.
Ad ihoc partner remuneration relates projects.
Assisting the Partnership Tax team in maintaining schedules of partners’ tax reserves for inclusion in partner current accounts in the firm’s nominal ledger.
System used: Elite

Key relationships
The partnership accounting and tax teams are split between teams in the UK and in the US which sits within the larger Finance Department. The successful candidate will need to work closely with both US and UK partner accounting colleagues, the Partnership Tax teams, Global Partnership Tax and Payroll Director and also build good relationships with the Financial accounting and Cash Operations teams.

Experience and knowledge

Part or full qualification in AAT or ACCA (UK) is desirable but not essential.
Demonstrable experience of all or most of the key tasks as outlined above.
Experience of working either in tax or accounting within a large business, ideally within a law firm or partnership group within an accounting practice.

Skills and competencies

Intermediate excel is essential.
Ability to use initiative and be pro-active.
Strong organisational skills and ability to prioritise.
Excellent service orientation skills.
Ability to cope with conflicting demands and meet deadlines.
Excellent attention to detail with a high level of accuracy.
Communicates effectively at all levels, both verbally and written.

Diversity, inclusion and working differently
Diversity and inclusion is at the heart of our firm. At BCLP we aim to create an inclusive and inspirational culture where all our employees are valued, motivated and able to be themselves. BCLP is a firm with an increasingly flexible workforce and is supportive of flexible working arrangements, tailored to the individual, wherever possible.
Please feel free to speak to the Resourcing Team about the flexibility we are offering for this role.

Confidentiality
Bryan Cave Leighton Paisner will ensure all hardcopy and electronic materials containing confidential information are securely stored and accessible only to those authorised to view such content.

Disclosure
As a regulated firm of solicitors, Bryan Cave Leighton Paisner LLP (“BCLP”) is required to undertake appropriate vetting of staff. In addition to completion, by applicants who accept a job offer, of a regulatory questionnaire, BCLP uses a specialist provider to undertake professional verification and background checks (including through electronic data sources, and directly with employers and professional bodies/regulators) on our behalf. We will also undertake certain verifications ourselves.
BCLP adopts a risk-based approach to its vetting procedures, which are only undertaken with consent, and in accordance with its legal and regulatory obligations. For further details, please see our recruitment website: www.bclplaw.com.

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