Partnership Accountant (18 Month FTC)

The role is currently being considered across our London, Birmingham, and Northampton offices.

• Calculate and process monthly partner drawings and quarterly distributions
• Support annual profit allocation processes in line with the LLP Agreement
• Maintain and update partner remuneration schedules, including fixed and performance-related elements
• Prepare and issue individual remuneration statements and summaries
• Forecast partner profit distributions and associated tax payments to support cashflow planning and partner communications
• Administer partner annuity arrangements, including calculation, processing and payment of annuity obligations

• Maintain accurate records of capital, current and tax reserve accounts
• Manage partner capital contributions, repayments and funding arrangements, including liaising with the firm’s partner capital loan providers
• Monitor balances and ensure compliance with the LLP Agreement
• Oversee reconciliations between underlying schedules and the general ledger/system

• Maintain partner tax payment schedules
• Coordinate payments to HMRC on behalf of partners
• Act as liaison with external tax advisers and support partner tax queries
• Provide clear explanations of tax positions to partners and third parties where required
• Provide detailed schedules of personal expenditure and adjustments to external tax advisers to enable accurate uplift of individual taxable profits
• Undertake salaried member/disguised remuneration testing to ensure compliance with UK tax legislation and HMRC requirements

• Prepare detailed partner-related reporting for audit
• Support year-end processes and audit queries relating to partner balances
• Prepare and analyse gender pay gap and related partnership reporting, ensuring accuracy and alignment with internal requirements
• Support business planning for team hires and other business change activities

• Contribute to onboarding new partners (capital, drawings, tax briefings)
• Manage retirements and exits (final accounts, capital repayment, annuity calculations)
• Prepare financial illustrations for prospective and retiring partners
• Prepare and issue mortgage reference letters and other financial confirmations for partners and third parties

• Ensure all processes are aligned to LLP Agreement, internal policies and regulatory requirements
• Maintain strong audit trails and documentation
• Support improvements to systems and processes
• Safeguard confidentiality of sensitive partner financial data
• Oversee the allocation of Gift Aid contributions and manage liaison with the Charities Aid Foundation, ensuring accurate recording and reporting

• Act as a trusted contact for partners on remuneration and financial matters
• Liaise with senior leadership including the Chair of the firm, tax teams, external advisers and audit teams
• Communicate complex financial concepts clearly and concisely

• Strong experience in partnership accounting / LLP environment
• Good understanding of partner remuneration structures, capital and current accounts, and UK tax fundamentals
• Advanced Excel skills and financial modelling capability
• High attention to detail with strong reconciliation ability
• Ability to handle confidential and sensitive information
• Credibility and confidence in discussions with partners and advisers

• Exposure to partner tax processes and external advisers in a Multi Entity/Jurisdictional environment
• International/ Group exposure
• Knowledge of financial systems (preferably SAP)
• Understanding of LLP agreements and governance frameworks