Manager of Partner Income Allocations & Capital

Responsibilities

• Supervise the preparation of master spreadsheets for Partner and Senior Counsel semi-monthly payroll and contingent fee distributions.
• Reconcile distribution spreadsheets to ADP payroll files and the general ledger, including FICA and retirement plan calculations.
• Manage partner capital account reconciliations and apply income allocation rules based on the Partnership Agreement.
• Prepare return of capital reports and process ACH requests for capital payouts.
• Create and maintain compensation and estimation models for retirement plan enrollments and management needs.
• Analyze monthly financial statements and prepare annual budgets for partner payroll and capital expenses.
• Supervise the generation of Personal Expense and Business Development statements for Partners.

Requirements

• Bachelor’s degree in Accounting, Finance, or an equivalent field.
• 5+ years of analytical experience in financial accounting or a payroll-related role.
• Advanced proficiency in Excel, including the ability to audit and modify complex, multi-step formulas and manage large datasets.
• Solid understanding of payroll, tax, and benefit regulations.
• Strong written and verbal communication skills with high attention to detail.
• Ability to exercise discretion and maintain strict confidentiality.

Preferred Qualifications

• Experience using ADP Workforce Now.

About the Company

Taft is a full-service law firm with more than 1,250 attorneys and over 2,000 team members. We operate with a "Client First" philosophy, providing a collaborative approach and advanced technological resources to help our clients succeed.