This position will require some travel to other offices.
Key Responsibilities:
- Manage and review Partner’s equity general ledger accounts and monthly GL reconciliations.
- Review and approve all Partner miscellaneous equity costs (1,500+ annually).
- Audit the firm’s expense accounts to ensure proper posting of all Partner costs.
- Manage and review monthly, quarterly, and annual partner draw calculations for distribution.
- Ensure month-end and annual partners equity close process runs smoothly and accurately.
- Manage and assist in reconciling the firm’s annual distributed net income to ensure all income has been accounted for and assigned to a Partner.
- Maintain and communicate all Partnership Agreement records; prepare agreements, track and store agreements.
- Assist in coordinating onboarding of new partners and preparation of data for partner departures.
- Manage and assist with preparation of the firm’s partner equity accounts and roll-forward for the Firm’s Audited Financial Statements.
- Oversee the Firm’s capital contributions and capital program; build working relationships with outside loan vendors.
- Work with the Firm’s Policy Committee on various partner compensation analyses.
- Review and assist with preparation of Partner Long-Term Disability program.
- Collaborate and consult with internal tax team on partner compensation allocations with respect to the preparation of the Firm’s . federal, state, and international partnership tax returns.
- Evaluate internal controls and make recommendations for new controls and improvements to existing controls.
- Develop and oversee departmental processes and procedures.
- Lead department project teams designed to streamline workflow and resolve issues; assist with various firm and departmental projects and initiatives as assigned.
- Participate in firm-wide and departmental projects and initiatives.
Requirements:
- Bachelor’s degree in accounting or related field.
- 10+ years of related work experience, with a preference for partnership accounting/professional services experience.
- Proficiency in Excel and other computer software.
- Strong written and verbal communication skills.
- Excellent analytical and critical thinking skills.
- Collaborative mindset with a strong work ethic and dedication.
Essential Capabilities:
- Maintain strict confidentiality of information and discussions.
- Work in a self-directed manner, producing accurate and well-documented work product under time-sensitive deadlines.
- Ability to effectively interact with all levels of personnel, including management and support staff.
- Flexibility to respond quickly and positively to shifting demands and opportunities.
- Ability to proactively plan, organize, and conduct multiple related activities.
Compensation and Total Rewards Package:
At **MEMBERS ONLY**SIGN UP NOW***., we value our employees and offer a comprehensive total rewards package. This includes health and well-being benefits, personal and professional development opportunities, career growth, and a supportive and collegial culture. The starting salary range for this role is $112,500 - $168,000, with the actual rate determined by job-related factors such as qualifications, experience, location, and internal equity. Additionally, this role is eligible for a discretionary bonus based on performance.
Working Conditions:
This role requires a hybrid on-site presence, as it is essential for the role. Consistent and predictable on-site presence is necessary for ongoing business continuity, professional development, and effective collaboration with colleagues and management. Some travel to other offices may be required.
H1: Manager of Partners Equity - Law Firm
H2: Overview
Overview:
The Manager of Partners Equity at **MEMBERS ONLY**SIGN UP NOW***. is responsible for managing and reviewing various analysis and accounting functions related to the firm's Partners' Equity general ledger accounts. This role requires a high level of security and confidentiality due to the sensitive nature of Partner information. The Manager will also oversee a wide range of accounting, reporting, and internal control tasks.
Responsibilities:
- Manage and review Partner's equity general ledger accounts and monthly GL reconciliations.
- Review and approve all Partner miscellaneous equity costs (1,500+ annually).
- Audit the firm's expense accounts to ensure proper posting of all Partner costs.
- Manage and review monthly, quarterly, and annual partner draw calculations for distribution.
- Ensure month-end and annual partners equity close process runs smoothly and accurately.
- Manage and assist in reconciling the firm's annual distributed net income to ensure all income has been accounted for and assigned to a Partner.
- Maintain and communicate all Partnership Agreement records; prepare agreements, track and store agreements.
- Assist in coordinating onboarding of new partners and preparation of data for partner departures.
- Manage and assist with preparation of the firm's partner equity accounts and roll-forward for the Firm's Audited Financial Statements.
- Oversee the Firm's capital contributions and capital program; build working relationships with outside loan vendors.
- Work with the Firm's Policy Committee on various partner compensation analyses.
- Review and assist with preparation of Partner Long-Term Disability program.
- Collaborate and consult with internal tax team on partner compensation allocations with respect to the preparation of the Firm's . federal, state, and international partnership tax returns.
- Evaluate internal controls and make recommendations for new controls and improvements to existing controls.
- Develop and oversee departmental processes and procedures.
- Lead department project teams designed to streamline workflow and resolve issues; assist with various firm and departmental projects and initiatives as assigned.
- Participate in firm-wide and departmental projects and initiatives.
Qualifications:
- Bachelor's degree with a concentration in accounting.
- Ten plus years of related work experience, partnership accounting/ professional services experience preferred.
- Superior computer software skills with a particular expertise in Excel.
- Excellent written and verbal communications skills.
- Strong analytical and critical thinking skills.
- Collaborator with a strong work ethic and dedication.
Essential Capabilities:
- Maintain and enforce strict confidentiality of information and discussions.
- Works in a self-directed manner, producing an accurate, well-documented work product often under time sensitive deadlines.
- Ability to interact effectively with all levels of personnel, including management and support staff.
- Must be flexible to respond quickly and positively to shifting demands and opportunities.
- Ability to proactively plan, organize and conduct multiple related activities.
