Partnership Accountant

Main information

Experience Level: Advanced Term Type:
Permanent Fulltime:
True External Department:
Finance Location Text:
London, Birmingham, Northampton The role

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

The Partnership Accountant will take ownership of complex partner financial arrangements across remuneration, drawings, capital, tax reserves and reporting. The role requires strong LLP accounting knowledge, technical judgement, discretion and the confidence to work directly with partners, senior stakeholders and external advisers.

Key Responsibilities
1. Partner Remuneration, Distributions & Accounts Lead the calculation of monthly drawings, quarterly distributions and annual profit allocations in line with the LLP Agreement Maintain and control partner remuneration, capital, current and tax reserve accounts, with clear reconciliations to the general ledger

Prepare forward-looking analysis of partner distributions, tax payments and cashflow impacts to support planning and decision-making

Oversee partner annuity, capital contribution, repayment and funding arrangements, ensuring accuracy and appropriate documentation
2. Tax, International & Adviser Support Own partner tax schedules, tax reserve analysis and coordination of payments to HMRCAct as a key Finance contact for external tax advisers, supporting technical queries and partner communications

Prepare personal expenditure, taxable profit adjustments and supporting schedules for year-end review

Support salaried member/disguised remuneration testing and related compliance evidence

Manage international partner profit allocations, tax reserves, withholding considerations, payment cycles and multi-currency/Fx impacts
3. Reporting, Analysis & Partner Lifecycle Prepare accurate, insightful partner reporting for audit, year-end, business planning and senior stakeholder review

Support partnership analysis, gender pay gap reporting and ad hoc financial modelling linked to partner profitability and performance

Manage partner onboarding, retirements and exits, including financial illustrations, settlement calculations and partner confirmations
4. Governance, Compliance, Systems & Stakeholders Ensure partner finance processes operate in line with the LLP Agreement, internal policies, audit expectations and regulatory requirements

Maintain robust controls, audit trails and documentation over sensitive partner financial data Identify and implement process improvements, including system accuracy, Gift Aid recording and liaison with the Charities Aid Foundation Build trusted relationships with partners, senior leadership, tax advisers and audit teams, providing clear and commercially aware support

Skills & Experience Essential Significant  partnership accounting / LLP experience, including partner remuneration, profit allocation, capital accounts and current accounts

Strong understanding of UK partner tax processes, tax reserves and the interaction between accounting profit and partner tax liabilities

Advanced Excel, financial modelling, analytical review and complex reconciliation capability

High technical accuracy, discretion and credibility when dealing with partners, senior stakeholders and professional advisers

Desirable

Experience in multi-entity, international or complex professional services environments

Knowledge of finance systems, reporting tools and process improvement, preferably including SAP Familiarity with LLP agreements, partner governance frameworks and external adviser relationships

Personal Attributes Highly organised, technically rigorous and able to manage sensitive work to demanding deadlines

Proactive, solutions-focused and confident exercising judgement while knowing when to escalate

Clea…