What are the responsibilities and job description for the Partnership Accountant position at Jane Street?
About the Position
We are looking for a strong communicator and problem solver to join our Partnership Accounting team. In this role, you’ll work with a close-knit and collaborative group to support the accounting for our members’ capital and related accounts. Getting the details right on our team is extremely important, and we take pride in our ability to stay on schedule without sacrificing accuracy or quality.
This role provides a great introduction to Jane Street’s accounting function and an opportunity to collaborate closely with our global Legal and Tax teams, among others. You’ll also participate in ad hoc projects related to restructuring, organization, legal, and tax and will be involved in the implementation of various systems and technology to support our workflows.
At Jane Street, we always look for the best solutions to complex problems, and that extends to our accounting function. You’ll work alongside our accounting-specific technology team to help support projects and build tools that make our work stronger and our processes more efficient.
Additional responsibilities of the role will include:
- Calculating distributable income and reviewing quarterly statements
- Maintaining timely and accurate records of member capital and loans
- Managing member draws and contributions and the accounting for all partner-related activity
- Reconciling monthly charges to specific member general ledger accounts, including tax withholdings
- Communicating quarterly estimates to member and investor accountants
- Coordinating all investment documentation, and tracking investment data and performance
- Assisting with capital projections and analyses
- Preparing annual income and capital work papers for the Tax team, supporting schedules for external auditors, and preparing annual audits
- Standardizing processes and automating monthly income and capital allocations; managing the allocation and calculation of firm and member PnLs
- Providing excellent service to the members, including timely and accurate information sharing
We execute at a high level and you will have room to grow your accounting and technical skills, try new things, and think critically about ways to improve current processes on the team. Your ideas and solutions will make the team stronger and prepare us for our next phase of growth.
About You
- Bachelor's degree in accounting, business, or a related field
- 8 years of experience in public accounting or finance with an understanding of partnership accounting and taxes
- Solid understanding of US GAAP
- Strong analytical and critical thinking skills
- Excellent organizational and communication skills; able to build strong collaborative relationships across various groups within the firm
- Detail-oriented with a “can-do” attitude when resolving issues
- Intermediate to advanced Excel skills
- Able to handle competing priorities in a challenging, fast-paced environment
- Mature, trustworthy, and discreet when handling confidential information
- Fluency in English required