Commercial Accounting Manager

One of my top law firm clients are looking for a Commercial Accounts Manager to join their esteemed and expanding commercial accounts team. This role is a newly created position and is an integral part of their long-term strategy. This role entails providing support to the immediate team, the pricing team, the fee-earning community, and senior leadership across the firm as a vital member of the finance department.

As the Commercial Accounting Manager you will:

• Provide commercial, financial, and analytical support to practice groups, including financial analysis for the commercial accounts team and senior management to influence the right behaviours that enhance profitability.
• Proactively work with practice area heads and partners to assist with the financial understanding and management of their practice.
• Identify, analyse, and drive opportunities to help maximize profitability and meet other goals and objectives.
• Support wider non-finance, commercial accounts, and pricing teams by examining the financial performance of practice groups through scheduled reporting analysis as well as ad-hoc requests, providing bespoke reporting where needed.
• Lead in supporting and advising Marketing & Business Development teams by reviewing requests for data, providing relevant reporting and analysis of results, and applying to relevant strategy.
• Assist in wider projects and initiatives led by the commercial accountants and pricing teams aimed at gaining efficiencies and improving financial performance and profitability.
• Support the budgeting process through modelling of revenue trends and resource capacity.
• Support business cases for any lateral recruitment by analysing and modelling the effect on the P&L of the practice of any candidate(s).
• Collaborate with the financial systems team to develop reporting capability in Power BI.
• Deliver monthly analysis and commentaries that focus on action points and improving performance.
• Identify the key levers impacting KPIs and provide supplementary analysis and input for business reviews where required.

To be successful in this Commercial Accounting Manager role candidate will possess the following qualities:

• Effective time management: Essential for handling competing deadlines in a fast-paced and sometimes demanding environment.
• Strong Excel proficiencies: Experience with advanced functions such as pivot tables, conditional formatting, and data validation is beneficial.
• Pride in delivery of excellence: High-quality service delivery while maintaining good internal and external relationships and managing stakeholder expectations effectively.
• Communication and interpersonal skills: Ability to liaise with colleagues across all levels and interpret financial information for stakeholders in both financial and non-financial roles.
• Teamwork: Collaborative work with the wider commercial accounts team across the finance department and business services, requiring good people skills.
• Accuracy and attention to detail: Focus on precision to become a reliable and trusted advisor.
• Proficient mathematical and analytical skills: Essential for understanding and interpreting financial data.
• Pricing experience: Some pricing experience in a business partnering context will be very advantageous.

Other Desirable Skills and Experience: Ideally, the candidate will be qualified or studying towards a formal finance qualification and/or have experience of working within a law firm or professional services environment.

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