Chief Financial Officer
5 days ago
Totum is partnering with a top 100 UK law firm to recruit a Finance Director. As a key member of the Management Team, the Finance Director will lead the firm's financial management and strategy, providing reporting and analysis, supporting strategic commercial decisions, and ensuring strong financial controls and efficient accounting processes.
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.
- 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.
- Oversee financial due diligence, assist in negotiating commercial terms, and collaborate 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.
- 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).
- Qualified accountant (ACA, CIMA, or international equivalent).
- Solid background in the legal sector, preferably within a mid-market firm.
- Broad finance expertise, including M&A, tax, and financial reporting.
- Proven track record in creating and delivering financial and commercial business strategies, managing change and improvements, and effectively integrating acquired firms.
- Experience serving as a Compliance Officer for Finance & Administration (COFA) with in-depth knowledge of SRA financial compliance regulations.
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