What are the responsibilities and job description for the Director of Partner Accounting and Compensation position at Liberty Personnel Services, Inc.?
Job Details:
Director of Partner Accounting & Compensation - Law Firm -
$200-230k - Remote
Position Overview
The Director of Partner Accounting serves as the senior financial executive responsible for managing partner capital, distributions, tax compliance, and financial administration across domestic and international locations. Operating within the corporate finance department, this role acts as the primary financial manager and liaison for equity partners, overseeing partner payroll, capital accounting, and specialized partner services.
This is a hands-on leadership role requiring high-level technical accounting capability, strict confidentiality, and strong operational oversight. The ideal candidate will combine strategic financial management with high-touch stakeholder service, managing a dedicated team while collaborating across internal Tax, Payroll, and Corporate Finance functions.
Core Responsibilities
Partner Capital & Equity Management
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Dan Urban
Liberty Personnel Services, Inc.
1001 Conshohocken State Rd, Suite 2-410
West Conshohocken, PA 19428
484.567.2093
www.libertyjobs.com
#midsenior
#accountingfinance
#legal
Director of Partner Accounting & Compensation - Law Firm -
$200-230k - Remote
Position Overview
The Director of Partner Accounting serves as the senior financial executive responsible for managing partner capital, distributions, tax compliance, and financial administration across domestic and international locations. Operating within the corporate finance department, this role acts as the primary financial manager and liaison for equity partners, overseeing partner payroll, capital accounting, and specialized partner services.
This is a hands-on leadership role requiring high-level technical accounting capability, strict confidentiality, and strong operational oversight. The ideal candidate will combine strategic financial management with high-touch stakeholder service, managing a dedicated team while collaborating across internal Tax, Payroll, and Corporate Finance functions.
Core Responsibilities
Partner Capital & Equity Management
- Oversee all partner capital accounts, including tracking equity contributions, draw schedules, and capital interest calculations.
- Perform monthly reconciliations of partner detail ledgers to general ledger control accounts.
- Assist equity partners with capital funding requirements and external financing arrangements.
- Coordinate cross-border capital activities and accounting schedules with international offices.
- Lead the global partner payroll and distribution process, ensuring accurate and timely disbursements in coordination with banking partners and international entities.
- Manage partner deductions, including health and welfare benefits, tax withholdings, capital loan repayments, and qualified retirement plan contributions within the enterprise ERP system.
- Maintain central financial records for active and departed partners, including historical compensation, tax returns, capital account activity, and pension contributions.
- Reconcile partner-related financial statement accounts, evaluate areas of risk or financial exposure, and report monthly variances to executive leadership.
- Formulate, implement, and audit internal financial controls and policies to safeguard firm assets and adhere to best practices.
- Ensure strict adherence to partnership tax regulations, internal governance policies, and reporting guidelines for all partner-related financial transactions.
- Manage final accounting settlements, capital returns, and record retention for former partners.
- Supervise, mentor, and direct finance staff responsible for partner accounting functions and special projects.
- Analyze cross-departmental financial processes, identify operational bottlenecks, and implement continuous workflow improvements.
- Serve as an authorized check signer and key financial resource for internal and external stakeholders.
- Education & Credentials: Bachelor’s degree in Finance or Accounting required. Certified Public Accountant (CPA) certification required.
- Experience: Minimum 5 years of progressive partnership accounting experience within a multi-location or international partnership structure; 5 years of direct managerial experience.
- Industry Background: Prior or current law firm industry experience is required.
- Technical Skills: Advanced proficiency in Microsoft Excel (complex modeling and reconciliations) and enterprise financial management systems.
- Core Capabilities: Strong command of partnership tax rules, internal controls, and partner equity structures; proven ability to manage highly sensitive financial data in a fast-paced environment.
Connect with me on LinkedIn
I look forward to connecting with you!
Click here for my HOT JOBS!
Dan Urban
Liberty Personnel Services, Inc.
1001 Conshohocken State Rd, Suite 2-410
West Conshohocken, PA 19428
484.567.2093
www.libertyjobs.com
#midsenior
#accountingfinance
#legal
Salary : $200,000 - $230,000