Financial Accountant
Full-time, Contract
Job Description
- Maintain proper accounting records and Service Company
- Ensure financial controls are in place and adhered to
- Identify and address financial risks and opportunities
- Manage lock up by driving activity on WIP management, billing, and collection
- Meet with budget holders to prepare annual budgets and to analyses, review and forecast their business areas
- Review and validate office and client payments
- Manage the year-end financial audit
- Review and publish monthly management accounts and associated reports within agreed timescales
- Review and publish cashflow and P&L forecasts
- Production and distribution of other ad hoc management information
- Conduct profitability analysis at team, client and matter level
- Analyze and model new initiatives and scenarios
- Review and publish the annual statutory accounts and corporation tax returns
- Review and provide financial information for legal press surveys, new business pitches, panel reviews and other marketing purposes
- Oversee all other internal and external reporting delivered by the finance team
- Manage, support, train and develop the finance team
- Design and deliver best practice training to fee earners (including partners)
- Work closely with the Systems Accountant, IT department and other support departments to design and deliver solutions, automating where possible
- Continually appraise existing systems and processes and lead on any change initiatives required
- Review and update policies and guidance notes
Required Knowledge, Skills, and Abilities
- A qualified accountant (ACA, ACCA, CIMA) with five years PQE gained within the legal sector
- A good understanding of the Solicitors’ Accounts Rules
- Good knowledge of VAT and partnership tax
- Experience of managing and developing a team
- Advanced MS Excel skills
- Reporting skills would also be an advantage
- Experience of preparing financial statements and managing audits
Reference no: 111155