Senior Accountant

Responsible for supporting the Director of Accounting in the following areas: preparation and review of account reconciliations and journal entries; federal, state, local, and international compliance reporting; policy and procedure establishment and documentation; internal control establishment and documentation; external audit preparation and management; month-end closings; partnership accounting; and other projects designed to improve the Accounting Department's efficiency and reporting.

Essential Functions

• Supervise and review monthly account reconciliations to include various balance sheet accounts such as cash deposits/disbursements, fixed assets, payroll withholdings, use tax, VAT, accruals, and clearing accounts; ensure reconciling items are being resolved timely
• Initiation and review of various journal entries related to the balance sheet account reconciliations and P&L account fluctuation analysis
• Responsible for approving significant journal entries related to expense transactions and capital expenditures
• Oversee the financial reporting process from transaction processing to the accurate and timely distribution of the Firm's financial statements including income statement, balance sheet, cash flow statement, and partner capital account statement
• Prepare and distribute various compliance reports to relevant internal/external parties including, unclaimed property, personal property tax, and various Department of Commerce reports
• Responsible for the Firm's annual audit to include both domestic and international offices; responsibilities include coordinating the audit, responding to all audit request, reviewing footnotes to audited financial statements
• Manage the accounting for the Firm's office and technology leases/subleases: prepare and maintain annual lease/sublease schedule, budgets and forecasts; monitor and maintain letters of credit
• Maintain the accounting and corresponding schedules for all fixed assets of the Firm
• Own and manage partnership accounting, including preparation and maintenance of the partner distribution workbook used to calculate quarterly partner distributions
• Calculate partner draws and distributions, incorporating profit allocation methodologies, required tax withholdings, prior period adjustments, and related analysis
• Prepare distribution memorandums and support partner capital account reporting in accordance with the Partnership Agreement and Firm policies
• Own and manage the partner return on capital process, including preparation and ongoing maintenance of the return on capital schedule; coordinate with Tax and Benefits to ensure accuracy, completeness, and alignment with the Partnership Agreement and Firm policies
• Participate in the implementation of new technology to increase the efficiency and effectiveness of operations within area of responsibility.
• Maintain appropriate internal controls & policies/procedures

  Non-Essential Functions

• Perform other duties as assigned

  Minimum Qualification

• BA in Accounting
• CPA preferred
• 5-7 years of progressive accounting and tax experience (preferably within a global law or professional services firm)

  Success Factors

• Excellent oral, written communication, and interpersonal skills to work effectively with Firm directors, managers, and staff in the accomplishment of the Accounting Department's objectives
• Ability to work under stringent deadline within a prioritized multi-task environment
• Ability to interpret and apply authoritative accounting and tax guidance in the performance of responsibilities
• Ability to leverage software and new technologies to carry out responsibilities in an efficient and effective manner
• Excellent leadership and human relations abilities
• Solid analytical and technical skills
• Thorough knowledge of law firm financial and accounting practices and procedures
• General understanding of relevant government regulations and reporting requirements

  Work Environment

• Position to be based in Washington DC with a requirement of 2-3 days in office
• Must be available to work beyond regular hours
• Must be able to work under tight deadlines and in stressful situations
• Non-smoking environment
• Must be able to comply with all safety requirements in our workplace

The anticipated base salary range for this position is $110,000 - $120,000. The actual base salary offered will be dependent upon the applicant's experience and qualifications, as well as other job-related factors, including but not limited to, relevant skills, education, certifications or other professional licenses held, and if applicable, geographic location.

Steptoe offers a full range of benefits for you and your eligible dependents. Benefits currently include: medical, dental, vision, life, disability, dependent care, health care flexible spending accounts, 401K Plan, Profit-Sharing, Paid Time-Off and a robust Wellness Program.

Steptoe LLP is an equal opportunity employer EOE/Disability/Veteran. All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, sexual orientation, gender identity and expression, marital status, mental or physical disability, genetic information, or any basis proscribed by applicable statutes.