Financial Controller

Location: London, England
Contract Type: Permanent
Specialisation: Finance & Accounting
Salary: Negotiable
REF: BBBH218107_1522075441

Senior Controller - US Law Firm

As the firm has now matured, the Partners would like to hire an enthusiastic and experienced controller who can build their career there.

The role:

Management:

  • Transition from external management of the operational finance team (currently 4 UK resources).
  • Manage the firm's finance processes in accordance with UK Solicitor' Accounts Rules
  • Manage the annual UK statutory audit and client account audit.
  • Manage the firm's banking relationships.
  • Manage the firm's US 401(k) and cash balance pension plans ensuring accuracy of census and compliance with regulations.
  • Manage the relationship with the firm's Tax Advisors to ensure that local tax reporting requirements are met globally and in a timely manner.

Reporting & Budgeting:

  • Prepare the financial statements for the UK LLP, in accordance with International Financial Reporting Standards.
  • Prepare monthly and quarterly management accounts and associated commentary.
  • Monitor firm time recording, cash position, Aged WIP and Aged Receivables, taking action to ensure firm lock-up is minimised.
  • Maintain Cashflow forecasts for the firm.
  • Prepare ad-hoc analysis to support decision making for the Management Team.
  • Preparation of Partner Distribution Schedules and Statements
  • Prepare the annual budget for the fir

Financial Control:

  • Approve bank payments and client to office transfers
  • Review and approve all firm and client account bank reconciliations
  • Oversee payroll in each office location, ensuring taxes and benefits are properly reported
  • Ensure transactions are processed in accordance with UK Solicitor's Accounts Rules.
  • Review UK and French VAT returns prior to submission.
  • Maintain balance sheet monthly reconciliation processes.
  • Run the monthly cost line review meeting and initiate actions.
  • Review all manual journals prior to posting (accruals, prepayments, fixed assets, WIP adjustments)
  • Maintaining Partner current accounts and tax reserve reconciliations.
  • Respond to accounting, tax, VAT, Solicitor's Accounts Rules and other finance queries.
  • Responsible for the firm's Practice Management System (Aderant).
  • Qualified Accountant with at least 10 year's finance experience.
  • Experience of operating finance processes in accordance with UK Solicitor's Accounts Rules
  • Strong understanding of LLP accounting.
  • Previous experience of operating internationally.
  • Excellent communication skills, gravitas and professionalism.
  • Flexible team player, capable of delivering excellent work in a fast paced international environment.

Requirements:

  • High level of attention to detail, sound judgment, and logical decision making with a hands-on approach.
  • Excellent excel skills and a solid understanding of accounting software principles.
  • Excellent communication and interpersonal skills with demonstrated leadership potential.
  • Ability to distil complex issues into succinct and actionable narratives for the firm's Management Team, partners and employees.
  • Proficient at analysing financial and operational data and preparing analysis for executive consumption.
  • Commitment to ensuring fiscal integrity and ability to handle highly confidential information with discretion.
  • Demonstrated competence to assess priorities and manage a variety of activities in a time sensitive way.

Apply:

If you are interested in a senior finance role where you have the opportunity to develo and grow with yoyhur business, then please contact Angela Thomas for a confidential discussion - angela.thomas@ambition.co.uk