Financial Controller

Financial Controller position now available at leading global law firm.

The Financial Controller (EU) is a key role in their Finance management team, supporting the Firm's senior management and legal divisions and overseeing the financial accounting function.

You will be responsible for overseeing the preparation and audit of the Firm's accounts, including all UK and international subsidiaries and you will also work closely with the Tax team to deliver partner accounting and tax filings.

The Financial Controller (EU) will have responsibility for the Firm's European offices, but the role will also involve working in liaison with the APAC and US finance team.

Specific duties include:

• Day-to-day managerial responsibility of the London finance team including their recruitment, training, development, goal-setting and performance measurement.
• Support the finance functions in overseas offices in Europe, liaising as appropriate with the APAC and US finance teams.
• Administration and control of the global banking facilities (revolving credit facilities, overseas office funding requirements and the preparation and submission to our bank of monthly management information and quarterly covenant information) and cash flow management, including forecasts and monthly FX Swaps.
• Assist in the Firm's commercial decision-making, strategy and business planning.
• Ensure all regulatory and compliance requirements are met in line with the Solicitors Accounts Rules, including review of static client balances.
• Assist in the preparation of the annual budget and of forecasts during the financial year.
• Review of Europe bank reconciliations.
• Oversee the reconciliation and maintenance of partner reserves within the general ledger (profit, drawings, and capital accounts), including the payment of monthly drawings and quarterly distributions
• Liaise closely with the Tax team on Partnership matters.
• Oversee the reconciliation of various general ledger control accounts.
• Oversee the preparation of quarterly commission calculations in respect of consultancy agreements.
• Oversee production of the Annual Report and Financial Statements in respect of the LLP and other related entities.
• Oversee the SAR and LLP audits
• Oversee the preparation and reconciliation of VAT returns.
• Review of reports circulated to the EU Credit Committee and chairing the monthly meetings with the Regional Divisional Leaders and Revenue Control Manager.
• Review of the EU monthly management profit and loss account and variance analysis.
• New partner inductions and review of partner leaving statements.

Experience needed for the position:

• Must have experience working senior position of a law firm currently/ previously to ensure strong knowledge of the Solicitors Accounts Rule and a solid understanding of partnership accounts/ tax.
• Must hold an accountancy qualification (ACA/ACCA)
• Have proven experience in a management position with strong leadership skills and the ability to motivate a team.
• Knowledge of UK GAAP/Reporting Standards and SAR.
• Experience of working in an international / multi-currency law firm

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