Partnership Accountant

About The Role

The Partnership Accountant is responsible for the accurate financial administration of partner-related accounting within the firm. This role ensures that partner accounts, capital balances, and tax-related matters are correctly maintained and reported, supporting both internal stakeholders and the wider finance function. It plays a key role in ensuring the integrity, accuracy, and timeliness of partner-related accounting and tax matters within a large, complex commercial real estate environment.

• Partner Accounting & Ledger Management
  • Maintain and reconcile member current accounts, ensuring accuracy and completeness.
  • Update and manage partnership accounting ledgers on an ongoing basis.
  • Maintain detailed and accurate records of partners’ capital accounts.
  • Calculate and post interest on capital balances in line with partnership agreements.
• Tax & Reserves
  • Calculate partner tax charges, working closely with the internal tax team to ensure accuracy and compliance.
  • Maintain and monitor tax reserve ledgers, ensuring appropriate provisions are reflected.
  • Assist in responding to partner queries relating to tax calculations and reserves.
• Partner Payments & Distributions
  • Manage partner payment processes, including: monthly drawings, interest on capital, profit allocations and distributions, current accounts, tax accounts and movements on capital.
  • Ensure all payments are processed accurately and in accordance with partnership agreements and timetables.
• Retired Partner Obligations
  • Calculate and administer retired partner annuities, ensuring correct application of agreed formulas and schedules.
  • Maintain records of ongoing obligations and liaise with relevant stakeholders where needed.
• Data Analysis & Reporting
  • Analyse financial data from multiple sources, including payroll systems and general ledgers.
  • Support reporting requirements related to partner finances, providing clear and accurate outputs.
• Other duties
  • Perform and review balance sheet reconciliations linked to all partner accounting matters, ensuring reconciliations are prepared to a high standard, fully supported, and completed on a timely basis.
  • Support external audit processes, including preparing appropriate audit schedules and responding to auditor queries.
  • Identify opportunities to enhance data modelling, systems, and controls.

• Solid experience in data modelling within a large, complex organisation.
• Strong analytical and problem‑solving skills.
• Familiarity with partnership agreements and capital structures (highly desirable).
• Discretion and professionalism when handling sensitive financial information.
• Excellent communication skills, with the ability to liaise effectively with finance teams and partners.
• Experience working in an LLP environment (highly desirable).
• High attention to detail and accuracy.
• Ability to manage multiple priorities to tight deadlines.
• Resilient, proactive, and solutions‑orientated mindset.

• Stakeholder management: build effective relationships, engage stakeholders at all levels through effective communication to non‑finance stakeholders.
• Change management: proven ability to support transformation initiatives and embed sustainable process improvements.
• Collaboration:
  
  build strong cross‑functional partnerships in a complex, matrixed organisation.
• Resilience & adaptability: maintain high standards of accuracy, ensuring financial information is reliable and compliant.
• Accountability: take full responsibility for deliverables, ensuring deadlines are met and quality is maintained.

• 3‑5 years post‑qualified experience within a large, complex matrix organisation.
• Qualified Accountant (ACCA, CIMA).
• Desirable: relevant tax qualifications such as ATT.
• Systems and IT competence: systems‑savvy with hands‑on experience using SAP (general ledger, FICO) (desirable).
• Advanced level of Excel knowledge for handling large data sets (essential). Must maintain complex spreadsheet models.
• Competitive salary.