Finance Manager
2 weeks ago
Job Title: Finance Manager
Salary: £120,000 + Negotiable
Location: Central London
Leading American law firm are looking for a finance manager, who will be responsible for the day-to-day accounting functions for the London office and report into the CFO. This is a hands-on role that will play a key part in driving improvements to the operational efficiency, technology and processes used by the finance department.
Duties will include:
- Managing all accounting functions to ensure complete compliance with HM Revenue & Customs, Solicitors’ Accounts Rules and Money Laundering Regulations and that Firm policy, procedures, and deadlines are met;
- Responsible for leading and managing the London finance team;
- Working with the Director of Administration on the coordination and review of the London annual budget, including ongoing review against actual results and review of the monthly variances;
- Working collaboratively with the international finance department and IT on the development and implementation of accounting software to further improve the operational efficiency of the finance team and the wider Firm;
- Reporting on financial performance - to include reviews of income, profit, and expense activity with the CFO;
- Supervision of all client accounting, as required, including liaising with the bank, authorization of bank reconciliations, interest payments, transfers, and counsel disbursements to ensure compliance with the SRA standards;
- Preparation of year-end consolidation and statutory accounts, including overseeing and coordinating with external auditors and accountants, as necessary, preparation of the balance sheet and profit and loss account and reviewing any required returns to the SRA and agreeing potential breaches with the auditors;
- Overseeing the reconciliation of the London office’s various bank accounts and reviewing cash flow;
- Working with the CFO to prepare reforecasts. Understanding and initiating the appropriate actions in response to variances;
- Coordinating with the international tax team and other advisers regarding income tax filings and related payments for the partners and the Firm's bankers in relation to the Firm's and partners' finances;
It is essential that you have a minimum of five years’ accounting experience from another law firm, knowledge of SRA accounts rules and Anti Money Laundering and KYC processes, and experience managing and leading a team. In addition, you must be detail orientated and a good problem solver.
An exceptional environment in a progressive international law firm, excellent benefits and bonus on offer.
McKinlay Law endeavour to contact all successful candidates within 24 hours. However, due to the volume of applications that we receive, we are not able to respond to every candidate individually. If you have not heard from us within 24 hours your application has been unsuccessful and we have not retained your details.
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