(Senior) Manager, Partner Accounting - C$120,000 - C$150,000 A Year (Toronto)

(Senior) Manager, Partner Accounting - C$120,000 - C$150,000 A Year (Toronto)

23 Aug
|
Davies Ward Phillips & Vineberg
|
Toronto

23 Aug

Davies Ward Phillips & Vineberg

Toronto

Meridia Recruitment Solutions has partnered with Davies Ward Phillips & Vineberg LLP to recruit a (Senior) Manager, Partner Accounting to join their office in Toronto or Montréal.The ( Senior ) Manager, Partner Accounting is a key leadership role within the Finance team, responsible for overseeing all financial activities related to the firm’s partners - current, non-unit, and retired. This includes managing partner compensation, capital accounts, draws and distributions, income allocation, tax reporting, and related financial analysis.The role ensures the accuracy, integrity, and confidentiality of all partner-related financial data and serves as a trusted advisor to firm leadership. Strong communication and relationship management skills are essential, as this position requires frequent interaction with partners and senior stakeholders, often involving sensitive financial matters.This individual will continue to evolve the firm’s centralized partner accounting framework - driving process consistency, operational efficiency, and alignment across offices.Your ResponsibilitiesPartner Accounting & ReportingOversee the full partner accounting lifecycle, including draws, distributions, capital accounts, advances, profit allocations, and year-end adjustments.Maintain accurate partner financial records within the firm’s accounting system (Aderant).Prepare and review partner financial statements, equity reconciliations, and compensation summaries.Produce quarterly and annual partner financial packages; coordinate communications with firm leadership.Ensure compliance with partnership agreements, firm policies, and applicable accounting standards.Unit Allocation & Capital ManagementSupport and document the unit allocation process, providing data and analysis for partner evaluation and unit distribution.Track and reconcile all unit transactions (purchases, transfers, and beneficiaries).Manage partner capital accounts, including contributions, withdrawals, and repayments.Maintain detailed schedules for capital, draws, profit shares,



and repayment plans.Coordinate with banks on partner capital loan programs, ensuring accurate administration and repayment.Draws and DistributionsPrepare and process partner and non-unit partner draws and distributions with accuracy and timeliness.Record and reconcile related journal entries in Aderant.Maintain FTE tracking and manage proration adjustments as required.Communicate draw and distribution details transparently to partners.Retired Partners & Succession PlanningManage quarterly capital repayments and interest calculations for retired partners.Maintain repayment schedules and communicate regularly with retired partners.Liaise with financial institutions to ensure capital repayment loans are properly managed.Support long-term financial planning related to retirement, succession, and partner transitions.Income Allocation & Year-End ProcessPrepare schedules and analysis for partner income allocation and year-end adjustments.Coordinate the preparation of partner tax packages and supporting schedules for both Canadian and U.S. partners.Liaise with external tax advisors, including consultants managing ITIN applications and U.S. tax filings.Communicate year-end financial results and tax information to partners and their accountants.Oversee partnership filings and related compliance reporting.Conduct modeling, forecasting, and profitability analysis to support partner compensation decisions and firm performance insights.Collaborate with Tax and Treasury teams on cash flow planning, partner distributions, and tax remittances.Provide actionable insights and recommendations that enhance transparency and inform leadership’s strategic decisions.Qualifications7+ years of progressive experience in accounting or finance,



preferably within a professional services or partnership-based organizationCPA designation is preferredDemonstrated expertise in partner compensation, capital management, and income allocationStrong understanding of Canadian tax principles as they relate to partnershipsAdvanced proficiency in financial systems (e.G., Aderant, Excel, Power BI); experience with system implementations or upgrades is an assetExceptional analytical skills with the ability to interpret complex financial data and provide strategic insightsProven ability to manage confidential and sensitive financial matters with discretionExcellent communication and interpersonal skills, with experience engaging senior stakeholders and external advisorsStrong organizational and project management abilities, with a track record of driving process improvements and operational efficiencyBilingualism (English/French) is an assetThe expected starting salary range for this role is $120,000-$150,000. The final offer will be determined based on the successful candidate's experience and qualifications.Discretionary bonuses, incentive programs, and other advantages may also be available, which are not included in the salary range above.This listing is for acurrent, existing vacancy.To express interest in this opportunity please apply online by clicking “Apply Now” below.For more information about this exciting opportunity please contact Adam Creaghan, Partner, [email protected] or Muna Dhere, Senior Recruitment Specialist, [email protected]. If you require accommodation to participate in the recruitment process, please let Muna Dhere know.Meridia Recruitment Solutions connects leading organizations with top talent by building strong relationships and creating ideal matches with candidates because we appreciate your interest in this opportunity.To learn more about Meridia Recruitment Solutions, our job opportunities, and career advice we invite you to explore our site and subscribe for career alerts.#J-18808-Ljbffr

📌 (Senior) Manager, Partner Accounting - C$120,000 - C$150,000 A Year (Toronto)
🏢 Davies Ward Phillips & Vineberg
📍 Toronto

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