Morrison Foerster
Join Morrison Foerster as a
Senior Manager, Partnership Accounting
on our Financial Operations team. This role can be based in San Francisco, Palo Alto, Los Angeles, San Diego, Denver, Austin, Boston, New York, or Washington, D.C. Overview : The Senior Manager, Partnership manages all financial aspects of each individual partner’s ownership of the firm and ensures accuracy and timeliness in payment of distributions. About The Role : Provide direction to ensure all processes pertaining to partnership accounting are completed timely and in accordance with policies and the Partnership Agreement. Ensure client service and satisfaction are attained in all areas of the position. Oversee and monitor the accounting of individual partner’s capital accounts, ensuring compliance with the Partnership Agreement. Manage the annual capital funding process in collaboration with the Treasury Team. Ensure accuracy of partners’ scheduled distributions and deductions by conducting a thorough review of each distribution prior to processing payments. Collaborate with Controller, Tax, Treasury, and others to prepare analysis and recommend appropriate true-up gross distribution amounts. Review wire requests for distributions paid to partners with bank accounts outside the U.S. Provide Treasury with annual forecast of monthly and true-up distributions with periodic updates. Oversee the preparation and timely distribution of individual cash flow schedules for all partners. Review and provide input to drafts of Offer Letters, Assignment Letters, and Transition Letters. Review signed offer and assignment letters and ensure the terms of the assignment are adhered to. Annually prepare the budget for expenses related to Partnership Accounting. Oversee the annual Points Process by updating and maintaining the spreadsheet used by the Points Committee. Monitor, track, and document all changes to allocated points subsequent to the completion of the Points Process. Calculate each partner’s final annual share of firm net income for the year in accordance with the partnership agreement. Provide Tax Team with required data for preparation of quarterly earnings statements and annual K-1 schedules. Provide required schedules and support to Deloitte audit staff in support of the annual mid-year and final financial audits. About You : Bachelor's degree required, 7+ years of accounting and financial analyses experience, expertise in Excel, attention to detail, excellent communication skills, and a high client service ethic. Bachelor's degree required 7 or more years of accounting and financial analyses experience Expertise in Excel: Demonstrated advanced proficiency in Excel Attention to Detail: Ability to thoroughly prepare and review information for accuracy Communication skills: Excellent written and verbal communication skills Time Management: Proven ability to multi-task, prioritize effectively, and plan work to meet deadlines Client Service Orientation: High client service ethic with a track record of delivering exemplary client satisfaction Team Collaboration: Strong team player with the ability to work collaboratively with diverse individuals About MoFo : At MoFo, we collaborate as one firm, across borders, practice areas, and business functions, and value fresh ideas and innovation over conformity and competition. About Us: https://www.mofo.com/about Diversity + Inclusion: https://careers.mofo.com/careers-diversity Commitment to Pro Bono: https://careers.mofo.com/careers-pro-bono The MoFo Foundation: https://www.mofo.com/culture/mofo-foundation About Our Benefits : MoFo offers a comprehensive benefits package starting on your first day, including a variety of options for medical, dental, vision, life, and disability coverage, industry-leading parental leave, and family benefits. A variety of options for medical, dental, vision, life, and disability coverage Industry-leading parental leave and family benefits Global wellness program, including free access to Talkspace and Calm apps Annual community service day and a birthday holiday Education reimbursement annually Dedicated Talent Development team Competitive annual profit-sharing contribution Where required by law, salary ranges are stated below. Additional compensation may include a discretionary bonus, overtime, health/welfare benefits, retirement contributions, paid holidays, and PTO. New York, San Francisco, Palo Alto salary range: $164k to $229k Los Angeles, San Diego, Boston, Washington, D.C. salary range: $156k to $218k Denver salary range: $146k to $204k
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Senior Manager, Partnership Accounting
on our Financial Operations team. This role can be based in San Francisco, Palo Alto, Los Angeles, San Diego, Denver, Austin, Boston, New York, or Washington, D.C. Overview : The Senior Manager, Partnership manages all financial aspects of each individual partner’s ownership of the firm and ensures accuracy and timeliness in payment of distributions. About The Role : Provide direction to ensure all processes pertaining to partnership accounting are completed timely and in accordance with policies and the Partnership Agreement. Ensure client service and satisfaction are attained in all areas of the position. Oversee and monitor the accounting of individual partner’s capital accounts, ensuring compliance with the Partnership Agreement. Manage the annual capital funding process in collaboration with the Treasury Team. Ensure accuracy of partners’ scheduled distributions and deductions by conducting a thorough review of each distribution prior to processing payments. Collaborate with Controller, Tax, Treasury, and others to prepare analysis and recommend appropriate true-up gross distribution amounts. Review wire requests for distributions paid to partners with bank accounts outside the U.S. Provide Treasury with annual forecast of monthly and true-up distributions with periodic updates. Oversee the preparation and timely distribution of individual cash flow schedules for all partners. Review and provide input to drafts of Offer Letters, Assignment Letters, and Transition Letters. Review signed offer and assignment letters and ensure the terms of the assignment are adhered to. Annually prepare the budget for expenses related to Partnership Accounting. Oversee the annual Points Process by updating and maintaining the spreadsheet used by the Points Committee. Monitor, track, and document all changes to allocated points subsequent to the completion of the Points Process. Calculate each partner’s final annual share of firm net income for the year in accordance with the partnership agreement. Provide Tax Team with required data for preparation of quarterly earnings statements and annual K-1 schedules. Provide required schedules and support to Deloitte audit staff in support of the annual mid-year and final financial audits. About You : Bachelor's degree required, 7+ years of accounting and financial analyses experience, expertise in Excel, attention to detail, excellent communication skills, and a high client service ethic. Bachelor's degree required 7 or more years of accounting and financial analyses experience Expertise in Excel: Demonstrated advanced proficiency in Excel Attention to Detail: Ability to thoroughly prepare and review information for accuracy Communication skills: Excellent written and verbal communication skills Time Management: Proven ability to multi-task, prioritize effectively, and plan work to meet deadlines Client Service Orientation: High client service ethic with a track record of delivering exemplary client satisfaction Team Collaboration: Strong team player with the ability to work collaboratively with diverse individuals About MoFo : At MoFo, we collaborate as one firm, across borders, practice areas, and business functions, and value fresh ideas and innovation over conformity and competition. About Us: https://www.mofo.com/about Diversity + Inclusion: https://careers.mofo.com/careers-diversity Commitment to Pro Bono: https://careers.mofo.com/careers-pro-bono The MoFo Foundation: https://www.mofo.com/culture/mofo-foundation About Our Benefits : MoFo offers a comprehensive benefits package starting on your first day, including a variety of options for medical, dental, vision, life, and disability coverage, industry-leading parental leave, and family benefits. A variety of options for medical, dental, vision, life, and disability coverage Industry-leading parental leave and family benefits Global wellness program, including free access to Talkspace and Calm apps Annual community service day and a birthday holiday Education reimbursement annually Dedicated Talent Development team Competitive annual profit-sharing contribution Where required by law, salary ranges are stated below. Additional compensation may include a discretionary bonus, overtime, health/welfare benefits, retirement contributions, paid holidays, and PTO. New York, San Francisco, Palo Alto salary range: $164k to $229k Los Angeles, San Diego, Boston, Washington, D.C. salary range: $156k to $218k Denver salary range: $146k to $204k
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