Partner Compensation Manager
Job Description
Job Description
Our client seeks an experienced Compensation Manager who will be responsible for managing partner distributions, maintaining partner capital accounts and any other partner related inquiries.
Bachelor's Degree in Accounting, Finance, or Business Administration
7+ years of experience with law firm and partnership experience.
Knowledge of partnership taxation and tax accounting
Responsibilities include :
- Calculate and prepare partner monthly and annual cash distributions, working closely with finance, tax, and IT departments to ensure effective and timely distribution process.
- Prepare and issue monthly statements to partners, including detailed breakdowns of gross distributions, deductions, and capital account balances.
- Ensure proper tax withholdings are made for all partner distributions and handle any necessary tax reporting.
- Manage partner capital accounts and update compensation schedules on a monthly basis. Conduct reconciliations as needed.
- Review and analyze personal charge and tax accounts, identify and resolve any issues.
- Prepare year-end close out journal entries for partner capital and draws.
- Work closely with the firm’s accounting and tax teams to ensure all financial data is accurately reported for book and tax purposes.
- Monitor cash flow related to partner tax advances and related withholding.
- Manage the partner compensation system, reconciling the system reporting to partner compensation schedules and the firm’s general ledger.
- Serve as the primary point of contact for the administrative aspects of and questions relating to partner monthly distributions statements.
Respond to partner inquiries and provide timely and accurate information.
- Perform partner compensation forecasts and budgets, including requests for partner budget process schedules.
- Assist with requests from other groups and departments related to partners.
- Develop and implement policies and procedures related to partner compensation. Drive process improvements, utilizing technology to improve efficiency.
- Assist with financial statement, tax, and compliance audits.
- Monitor current and proposed changes in tax laws and regulations related to partner compensation.
- Assist with non-periodic assignments related to partner compensation, capital, personal charges / taxes, income verifications, distribution forecasts, and other ad-hoc reporting as requested by management.
Partner Compensation Manager
Our client seeks an experienced Compensation Manager who will be responsible for managing partner distributions, maintaining partner capital accounts and any other partner related inquiries. Manage the partner compensation system, reconciling the system reporting to partner compensation schedules an...
Human Resources Information System Specialist
MUST HAVE BUSINESS ANALYSIS IN BENEFITS< HRIS< PAYROLL>.PREFERABLY IN A PEO COMPAMY ENVIRONMENT! .This position reports directly to the Product Owner/ Manager of the PEO/ Staffing Product line and maintains direct relationships with Directors, Managers, Field Operations, and Vendors.Willingness to l...
Project Manager, Human Resources PMO
Bachelor's degree in business, human resources, organizational behavior, or related field. The HR Project Manager provides leadership in project, program, and portfolio management. The HR Project Manager will balance strategic goals with more detailed project activities,collaborate effectively acros...
Technical Recruiter
A company is looking for a Technical Recruiter. ...
Human Resources Manager
The ideal candidate will have 6-10 years of experience in human resources, with a focus on payroll management and a certification from the Society for Human Resource Management (SHRM). Bachelor's degree in Human Resources, Business Administration, or related field. We are seeking an experienced HR M...
Human Resources Generalist
Previous experience in Human Resources, Talent Acquisition, Workforce, or Account Management support roles. We are seeking a proactive and detail-oriented individual to join our team as a HR Generalist- People Specialist. ...
Senior Human Resources Business Partner
The Senior HR Business Partner works with the leadership team to support the execution of human capital strategies that deliver on current and future business priorities. This site senior management role acts as a consultant within the business and a coach to the management team; anticipating and an...
Human Resources Business Partner
Human Resources Business Partner. Work with the HR center of excellence on all human resources related action changes including new hires, promotions ensuring a high degree of accuracy. ...
Human Resources Director
Partners is seeking an experienced and highly collaborative leader to help us grow across the southern US.Our full-service commercial real estate firm is rapidly growing across Texas and will open its first office outside Texas in June (Atlanta).This role is based in Houston, TX.We’re looking for an...
Site Human Resources Partner
Are you looking for a meaningful career in Human Resources in a collaborative, fast-paced environment?. The Human Resources department is a collaborative team focused on supporting employees and managers at a fast growing company. Demonstrating a strong understanding of the confidential nature of Hu...