Latham & Watkins · 7 hours ago
Partner Accounting Coordinator
Los Angeles, CA
Full-time
Hybrid
Mid Level
$80K/yr - $95K/yr
4+ years expLatham & Watkins is a global law firm consistently ranked among the top firms in the world. The Partner Accounting Coordinator will be responsible for processing the monthly Partner Draw distribution and managing day-to-day activities related to Partner Draw processes, ensuring accuracy and compliance.
Law Practice
Responsibilities
Acting as the first point of contact with Partners for all Partner Draw related matters including, but not limited to: confirming bank information, communicating with Partner when monthly tax and/or deductions exceed gross draw payable, replying to all e-mails, and providing succinct and detailed explanation for any questions pertaining to the Draw statement
Tracking and preparing various calculations, billings, and payments related to retired Partners, including, but not limited to: Of Counsel worked-time payments, capital payouts, and tax and benefits collections
Working closely with Equity Accounting to assist with monthly reconciliation of deduction upload process from Equity 3E to Partner Draw system, while conducting monthly Partner Draw calculation and validation to ensure Partner payments are processed accurately
Assisting and preparing month-end close journal entries to accurately report Firm expenses related to Partner Draw
Updating, modifying, and testing existing Partner Draw and other financial reporting software and proposing innovative solutions to problems
Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains
Qualification
Required
Demonstrate thorough knowledge of bookkeeping procedures such as posting, balancing, debits and credits, and journal entries
Exhibit thorough knowledge of accounting principles
Possess the ability to perform mathematical functions such as calculating ratios, and knowledge of excel macros and formulas
Preferred
A Bachelor's degree in Accounting, or related field, preferably
A minimum of four (4) years' relevant experience at a global multi-office law firm, accounting firm, or other professional services organization
Experience working with partnership financials, billing, and cash management, preferably
Experience with Elite 3E or comparable accounts payable software application, preferably
Experience with Institutional finance and accounting systems, preferably
Benefits
Healthcare, life and disability insurance
A generous 401k plan
At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure
Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)
Professional development programs
Employee discounts
Affinity groups, networks, and coalitions for lawyers and staff
Company
Latham & Watkins
Latham & Watkins is a global law firm with more than 3,500 lawyers in its offices located in Asia, Europe, the Middle East and the United States.
1001-5000 employees
H1B Sponsorship
Latham & Watkins has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (70)
2024 (66)
2023 (65)
2022 (52)
2021 (53)
2020 (30)
Funding
Current Stage
Late StageLeadership Team
Bobby Kolb
Chief Financial Officer
LeeAnn Black
COO
Recent News
2024-05-05
Latham & Watkins LLP
2024-04-24
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