Sidley Austin LLP

  • Senior Accountant - Partner Relations

    Recruiting Location US-IL-Chicago
    Department
    Accounting
  • Summary

    The Senior Accountant will support the Senior Manager and other Partner Relations group staff and will be responsible for ensuring compliance with Firm processes and procedures and proper accounting and reporting of various partner matters in accordance with the Firm’s partnership agreements. The individual will be responsible for supporting the onboarding and transition of partners to/from the Firm’s partnerships.

    Duties and Responsibilities

    • Assist in managing the process and requirements for separating partners, including receipt of executed agreements and capital payments;
    • Assist in monitoring compliance with funding initial capital requirements. Provide monthly reports on status of open capital funding arrangements;
    • Manage the calculation, review, timing of taxation, and payment of guarantees associated with new lateral partners;
    • Create partner specific communications including separation agreements and offer letters from a document compiler software, (HotDocs);
    • Program and maintain templates in the HotDocs;
    • Identify additional applications of the HotDocs to provide timely and more meaningful partner specific communications;
    • Create and maintain a summary of capital account (payout schedule) for separating partners;
    • Ensure timely and confidential payments to separating and transitioning partners throughout the Firm’s global locations;
    • Maintain data in the Partner Dashboard, Partner Life Cycle and the Partner Notes modules within the Partner Accounting system;
    • Maintain database of information in Excel relating to separating partners and other spreadsheets, as needed;
    • Provide periodic statistical reports relating to lateral and separating partners;
    • Prepare reports from the general ledger system;
    • Reconcile and analyze general ledger transactions and accounts with partner draw statements;
    • Provide high quality and consistent customer service.
    • Other duties, as assigned.

    Qualifications

    To perform this job successfully, an individual must be able to perform the Duties and Responsibilities (Duties) above satisfactorily and meet the requirements below. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. If you need such an accommodation, please email staffrecruiting@sidley.com (current employees should contact Human Resources).

     

    Education and/or Experience:

    Required:

    • Bachelor’s degree in accounting or related business field
    • A minimum of three years of accounting or financial analysis experience.

     

    Preferred:

    • Strong experience with reconciliations
    • Demonstrated technical and analytical skills within his/her professional background
    • Experience as a staff accountant or auditor
    • Professional services or law firm experience, preferably in partner accounting 

     

    Other Skills and Abilities:

    The following will also be required of the successful candidate:

    • Strong organizational skills
    • Strong attention to detail
    • Good judgment
    • Strong interpersonal communication skills
    • Strong analytical and problem solving skills
    • Able to work harmoniously and effectively with others
    • Able to preserve confidentiality and exercise discretion
    • Able to work under pressure
    • Able to manage multiple projects with competing deadlines and priorities

     

     

     

    Sidley Austin LLP is an Equal Opportunity/Affirmative Action Employer.

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