Financial Controller - Ambition Europe Limited : Job Details

Financial Controller

Ambition Europe Limited

Job Location : London, UK

Posted on : 07/01/2025 - Valid Till : 18/02/2025

Job Description :

Permanent Financial Controller position in an amazing international law firm is now available. The Financial Controller is a key role in the Finance management team, supporting the Firm's senior management and legal divisions and overseeing the financial accounting function.

The team that you could be responsible is c.25 people across London with two direct reports for local finance managers in their offices across Europe. Applicants will therefore need to have significant people management experience.

In this Financial Controller role some of your responsibilities will 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.
  • Review of the EU monthly management profit and loss account and balance sheet including variance analysis and full commentary are delivered within the month end close timeline.
  • Ownership and responsibility for the integrity of the general ledger ensuring that appropriate reconciliations are performed for the balance sheet including control accounts.
  • Develop relationships with key stakeholders including ensuring that budget holder meetings are effective, timely and ensuring that costs are as expected and appropriately accounted.
  • Ensure all regulatory and compliance requirements are met in line with the Solicitors Accounts Rules, including review of static client balances.
  • Oversee production of the Annual Report and Financial Statements
  • Oversee the SAR and LLP audits.
  • Play an active part in the preparation of the annual budget and of forecasts during the financial year.
  • Responsible for the preparation of the budgeted cash flow and analysis of the resultant covenant results.
  • Assist in the Firm's commercial decision-making, strategy and business planning.
  • 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 and preparation and review of partner leaving statements.
  • Oversee the preparation of quarterly commission calculations in respect of consultancy agreements.
  • Contribute to the change agenda as it impacts financial reporting and control including improvement of reporting through changes to working practices and better use of technology.
  • Develop content and deliver Finance training to new partners, fee earners and business services employees in conjunction with an external trainer.
  • Review of reports circulated to the EU Credit Committee and chairing the monthly meetings with the Regional Divisional Leaders and Revenue Control Manager.

To be successful in this Financial Controller position you must be -

  • Professionally qualified (ACA, ACCA, CIMA) accountant with minimum 5 years' PQE.
  • Experience in the legal or professional services sector and working in an international environment.
  • Managing a high volume of competing deliverables
  • 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.
  • Ability to win the confidence and respect of Partners.

Additional:

  • The firm offer plenty of flexibility with hybrid working - however you will expected to be office based according to your diary and the needs of the business.

If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply. https://refer-a-friend

Salary : 130000 - 140000

Apply Now!

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