Senior Partner Matters Accountant
Senior Partner Matters Accountant
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Job Description
Keen to become part of a truly global collaborative team of professionals Your journey begins here.
Job Title
Senior Partner Matters Accountant
Department
Finance Tax & Partner Matters Team
Office Location
London
Reports To
Partner Matters Manager
Working Hours
35 hours per week 9:30am to 5:30pm but additional hours may be required. We are happy to consider agile and flexible working patterns. Our approach to hybrid working allows for up to 40% of time working from home and 60% working in the officeplease contact a member of the recruitment team to discuss further.
Firm Description
Hogan Lovells is one of the leading global law firms. Our distinctive market position is founded on our exceptional breadth of our practice on deep industry knowledge and on our one team global approach. Formed through the combination of two top international law firms Hogan Lovells has over 40 offices in the Americas Asia-Pacific Europe the Middle East and Africa.
With a presence in the worlds major financial and commercial markets we are well placed to provide excellent business-oriented advice to our clients locally and internationally. Our people are the key to our success which is why we seek to recruit and retain the most talented individuals in all regions of our global practice.
Department Description
The Tax & Partner Matters team deals with financial and tax matters relating to the partners financial involvement in the firm. The team provides support to the firms senior management on partner-related finance issues partnership tax compliance and tax planning. The sub-team of Partner Matters is primarily responsible for dealing with payments to partners partners capital partners joining and leaving arrangement and ad hoc partner queries.
Role Overview
The Senior Partner Matters Accountant has primary responsibility for ensuring the accuracy of the accounting relating to partners financial involvement in the firm. This involves overseeing and ensuring that all journal postings by overseas Finance Managers and the Partner Matters Accountant are recorded in 3E in a timely and accurate manner and all accounts are fully reconciled.
Key Responsibilities / Accountabilities
The primary responsibilities of the Senior Partner Matters Accountant are:
To be responsible for the accounting of all partner compensation payments and reconciliation of partner accounts in the general ledger (3E) and ensure that this is done in an accurate and timely manner.
Prepare comprehensive documentation and standardise accounting policies pertaining to the Partner Matters team.
Work closely with the Partner Matters Manager on process and system improvements across the department.
To have responsibility for the partner capital calculations and ensure the database and records in 3E on a partner-by-partner basis are accurate.
Contribute to the annual partner compensation and bonus process ensuring the accurate provision of partner information and data.
Develop a strong understanding of how foreign exchange impacts accounting in 3E and how journals can be posted in 3E to minimise the adverse impacts of foreign exchange.
Liaise with the overseas Finance Managers in relation to the maintenance of accounting records relating to partners based overseas.
Work with the external auditors and provide information as requested as part of the annual audit of the financial statements.
In addition the Senior Partner Matters Accountant will:
Work collaboratively with the Partner Matters Accountant.
Attend to queries from partners external advisers and suppliers as they arise.
Provide partner compensation information to the Tax team and the Statutory Accountants as requested for external reporting.
Work with the Tax Accountant to clear down and reconcile in 3E historic tax reserve accounts.
Acquire a comprehensive understanding of the drawings and distribution process offering input where appropriate including covering duties for the Partner Matters Accountant when required.
Participate in ad hoc projects and assist as required with all aspects of the departments work.
Specific duties or responsibilities may be reviewed from time to time to reflect changes in personnel and management structure staff location or services.
All members of the firm participate in our Responsible Business program.
Person Specification
Qualifications and Training
Qualified Accountant ICAEW ICAS or ACCA preferred.
A good working knowledge of Microsoft Office Excel in particular is essential.
Experience of 3E or similar accounting software.
General Attributes
Analytical ability dealing with complex problems and large amounts of data.
Communication skills - explaining technical issues clearly both orally and in writing to colleagues in finance partners and external advisers.
Organisational ability - prioritising tasks to meet deadlines.
Attention to detail - ensuring work is prepared to a high standard.
Initiative anticipating issues and identifying improvements to processes and procedures.
Tact and diplomacy dealing appropriately with sensitive personal data relating to partners.
Agile Working Statement
Our goal is to embed flexibility across our business by giving everyone the opportunity to work in an agile way whether as a regular pattern or on an ad hoc basis and we will be happy to discuss this further.
Equal Opportunities Employment Statement
It is the policy of Hogan Lovells to provide equal opportunities for all employees in relation to recruitment training and promotion. Decisions in these areas will be made only by reference to the requirements of the job and shall not be influenced by any consideration of racial or ethnic origin religion sex gender and gender identity age sexual orientation marital and civil partnership status pregnancy or disability.
Required Experience:
Senior IC
Employment Type
Full-Time
