Partnership Accountant

Partnership Accountant

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• Annual Salary: £100k
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• Location: London
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• Job Type: Full-time Fixed Term Contract
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Join a leading professional services organisation as a Partnership Accountant. This key position involves the end-to-end management of partner financial arrangements, supporting partners and senior stakeholders across all aspects of partner accounting, remuneration, tax reserves, capital accounts, and financial reporting.

Day-to-day of the role:

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• Partner Remuneration & Distributions:\n
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  • Calculate and process monthly partner drawings and quarterly distributions.
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  • Support annual profit allocation processes and maintain remuneration schedules.
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  • Prepare remuneration statements and partner reporting.
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  • Forecast partner distributions and tax payments.
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  • Administer partner annuity arrangements.
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• Partner Accounts Management:\n
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  • Manage capital, current, and tax reserve accounts.
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  • Oversee partner capital contributions and repayments.
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  • Maintain accurate account records and ensure compliance with partnership agreements.
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• Tax Reserve & Partner Tax Support:\n
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  • Coordinate tax payment schedules and liaise with HMRC and external tax advisers.
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  • Prepare partner tax schedules and support compliance requirements.
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• Financial Reporting & Analysis:\n
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  • Support year-end reporting, prepare partner-related financial reporting, and assist with business planning.
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• Partner Lifecycle Management:\n
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  • Support the onboarding of new partners and manage retirement and exit processes.
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  • Prepare financial illustrations and produce necessary financial confirmations.
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• Governance, Compliance & Systems:\n
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  • Maintain documentation, ensure compliance with governance requirements, and identify system improvements.
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• Stakeholder Engagement:\n
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  • Act as a trusted adviser to partners on financial matters and build strong relationships with senior leadership.
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Required Skills & Qualifications:

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• Previous partnership accounting and LLP experience.
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• Strong understanding of partner remuneration structures, capital accounts, and UK tax fundamentals.
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• Advanced Excel and financial modelling skills.
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• Excellent analytical and reconciliation capabilities.
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• Ability to manage sensitive and confidential information.
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• Strong stakeholder management and communication skills.
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• Desirable: Exposure to international environments, experience with SAP or similar financial systems, and knowledge of partnership governance frameworks.
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Benefits:

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• Competitive salary.
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• Exposure to senior stakeholders.
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• Opportunities for professional development in a collaborative culture.
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• Commitment to continuous improvement and compliance.
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To apply for this Partnership Accountant position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this role.