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Financial Director
2 months ago
We are pleased to be partnering with a top 100 UK law firm based in West Sussex to recruit a Finance Director.
About the RoleThe Finance Director will be a key member of the Management Team, responsible for leading the firm's financial management and strategy. This includes providing reporting and analysis, supporting strategic commercial decisions, and ensuring strong financial controls and efficient accounting processes.
The role holder will play a crucial part in driving further profitability and growth, working closely with the Managing Partner and Management Team to craft a financial strategy that supports the firm's business goals.
Key Responsibilities- Lead the firm's financial management and strategy, providing reporting and analysis to support strategic commercial decisions.
- Ensure strong financial controls and efficient accounting processes, driving further profitability and growth.
- Work closely with the Managing Partner and Management Team to craft a financial strategy that supports the firm's business goals.
- Provide strategic vision to keep the finance function strong and flexible as the firm expands.
- Play a key role in mergers and acquisitions, overseeing financial due diligence, assisting in negotiating commercial terms, and collaborating with the Operations and HR Directors for seamless integration.
- Offer strategic insights by analysing industry trends, benchmarking against similar firms, and delivering informed analysis to the Managing Partner and Management Team.
- Provide comprehensive financial management and performance oversight, offering financial analysis, forecasting, and business case guidance to the Management and Senior Members teams on various business activities, investments, and targets.
- Coordinate with external accountants and auditors for year-end statements and audits, manage the audit processes, and present financial accounts for approval.
- Oversee budgeting, cash flow forecasts, and revenue statements while ensuring effective financial management across the firm, including work in progress and debtor management.
- Manage key performance indicators, tax affairs, and the remuneration structure for partners and employees, as well as supporting the management of closed pension schemes and ongoing insurance matters in collaboration with HR.
- Maintain a compliance plan and foster a culture of cyber and fraud safety as the firm's Compliance Officer for Finance & Administration (COFA).
- Work closely with Department Heads and fee earners to enhance financial performance and achieve departmental profit and performance targets.
The ideal candidate will be a qualified accountant (ACA, CIMA, or international equivalent) with a solid background in the legal sector, preferably within a mid-market firm.
They will possess broad finance expertise, including M&A, tax, and financial reporting, with a proven track record in creating and delivering financial and commercial business strategies, managing change and improvements, and effectively integrating acquired firms.
Additionally, they should have experience serving as a Compliance Officer for Finance & Administration (COFA) with in-depth knowledge of SRA financial compliance regulations.
