Job Description
New Group Financial Controller position available for a permanent basis to take over from the current incumbent moving internally within the firm. This opportunity is with a global law firm in their London office.
The purpose of the role is to oversee the preparation of the group's internal management accounts, external statutory accounts, group audits and cashflow. The role entails most aspects of financial control and supporting the Group to develop a strong internal control environment. You will be managing a team of 3 qualified accountants.
Duties include:
- Overseeing the production of the firm's internal management accounts including non-financial KPIs e.g. utilisation, profit metrics.
- Involvement in the current transition to Power BI dashboard and reporting.
- Publication of management accounts packs to the Group's Management Board and international offices.
- Overseeing the production of monthly commentary and any supporting analysis, with input into content and presentation of summary documents.
- Participation in the group's budget process: timetabling and co-ordination, development of budget models, consolidation of all inputs and preparation of budget presentation.
- Overseeing the reporting of partners' lock-up metrics (determining eligibility to receive profit share payments): design and development of the process of reporting individual lockup metrics to partners, responding to challenges from partners, Managing Partner, liaising with transactional teams.
- Various items of management accounts analysis to support the Firm's remuneration and appraisal committee, and fee earner appraisal process: FE profitability statistics for use in appraisals, production of accretion/dilution quartiles analysis.
- All aspects of preparation of the group statutory accounts: reporting packs for all offices, preparing consolidation and completing group financial statements including cashflow, Statement of Members' Interests and all disclosures, and financial statements of the group's subsidiaries, covering all financial statements and disclosures.
- Preparation of subsidiary LLP and company accounts, including all statutory notes and disclosures.
- Co-ordination and delivery of group's statutory audit - planning, organization with auditors and amongst all members of finance teams,
- Management of audit deliverables across teams; direct delivery of items required by auditors and completion of audit testing support.
- Management of WIP valuation process across all offices, designing models, writing guidance documents, reviewing results.
- Members Interest statement preparation
- Managing finalisation of all year-end entries and eliminations, posting final entries into ledgers, ledger reconciliation and close.
- Reserves - developing process & schedule for year-end entries, reconciliation & close.
- Keeping up to date with changes in statutory reporting requirements which apply to the group and its subsidiaries; assisting the team maintain knowledge and application of FRS102 and other reporting frameworks as appropriate.
Experience needed for this role includes:
- Previous experience working in a law firm or partnership background with Group experience of multi currencies is critical
- Strong user of excel - 25 entities across the group so will need to be confident manipulating large sets of data
- Someone who is willing to help - roll up sleeves, friendly fit within the team
- Good comms to deal with senior stakeholders, in particular the Managing Partner.
Hybrid working offered - 3 days in the office/ 2 from home.
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