Payroll Coordinator

Los Angeles, CA - USA

Monthly Salary: $ 80000 - 100000

Posted on: 12 hours ago

Vacancies: 1 Vacancy

Job Summary

A global professional services firm seeks a Payroll Coordinator to join their dynamic team.

This role will be responsible for processing the monthly Partner Draw distribution while working with the wider Global Finance department including Equity Accounting Global Tax Well-Being & Benefits Global Retirement Benefits Treasury and Accounts Payable while managing day-to-day activities for all Partner Draw related processes including but not limited to: preparing and reviewing Partner deduction related proforma billing statements for accuracy entering currency exchange rates running calculations in Equity Accounting and Draw systems compiling currency estimate reports to facilitate currency buys collecting and maintaining Partner banking data reviewing individual Partner year-end summary statements and assisting with administrative tasks to support the monthly draw process.. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.

Other key responsibilities include:

Acting as the first point of contact with Partners for all Partner Draw related matters including but not limited to: confirming bank information communicating with Partner when monthly tax and/or deductions exceed gross draw payable replying to all e-mails and providing succinct and detailed explanation for any questions pertaining to the Draw statement
Tracking and preparing various calculations billings and payments related to retired Partners including but not limited to: Of Counsel worked-time payments capital payouts and tax and benefits collections
Working closely with Equity Accounting to assist with monthly reconciliation of deduction upload process from Equity 3E to Partner Draw system while conducting monthly Partner Draw calculation and validation to ensure Partner payments are processed accurately
Assisting and preparing month-end close journal entries to accurately report Firm expenses related to Partner Draw
Updating modifying and testing existing Partner Draw and other financial reporting software and proposing innovative solutions to problems
Protecting and maintaining any highly sensitive confidential privileged financial and/or proprietary information that firm retains.

Qualifications:

Demonstrate thorough knowledge of bookkeeping procedures such as posting balancing debits and credits and journal entries
Exhibit thorough knowledge of accounting principles
Possess the ability to perform mathematical functions such as calculating ratios and knowledge of excel macros and formulas
A Bachelors degree in Accounting or related field preferably
A minimum of six (6) years relevant experience at a global multi-office law firm accounting firm or other professional services organization
Experience working with partnership financials billing and cash management preferably
Experience with Elite 3E or comparable accounts payable software application preferably
Experience with Institutional finance and accounting systems preferably

Many of our job openings can be viewed at https:// Experience:

A global professional services firm seeks a Payroll Coordinator to join their dynamic team. This role will be responsible for processing the monthly Partner Draw distribution while working with the wider Global Finance department including Equity Accounting Global Tax Well-Being & Benefits Global Re...

A global professional services firm seeks a Payroll Coordinator to join their dynamic team.

Other key responsibilities include:

Acting as the first point of contact with Partners for all Partner Draw related matters including but not limited to: confirming bank information communicating with Partner when monthly tax and/or deductions exceed gross draw payable replying to all e-mails and providing succinct and detailed explanation for any questions pertaining to the Draw statement
Tracking and preparing various calculations billings and payments related to retired Partners including but not limited to: Of Counsel worked-time payments capital payouts and tax and benefits collections
Working closely with Equity Accounting to assist with monthly reconciliation of deduction upload process from Equity 3E to Partner Draw system while conducting monthly Partner Draw calculation and validation to ensure Partner payments are processed accurately
Assisting and preparing month-end close journal entries to accurately report Firm expenses related to Partner Draw
Updating modifying and testing existing Partner Draw and other financial reporting software and proposing innovative solutions to problems
Protecting and maintaining any highly sensitive confidential privileged financial and/or proprietary information that firm retains.

Qualifications:

Demonstrate thorough knowledge of bookkeeping procedures such as posting balancing debits and credits and journal entries
Exhibit thorough knowledge of accounting principles
Possess the ability to perform mathematical functions such as calculating ratios and knowledge of excel macros and formulas
A Bachelors degree in Accounting or related field preferably
A minimum of six (6) years relevant experience at a global multi-office law firm accounting firm or other professional services organization
Experience working with partnership financials billing and cash management preferably
Experience with Elite 3E or comparable accounts payable software application preferably
Experience with Institutional finance and accounting systems preferably

Many of our job openings can be viewed at https:// Experience: