Financial Accountant

• Location: London
• Job Type: Full-time, Hybrid (3 days in office, 2 days at home)
• Salary: £65,000 - £75,000

Join a leading professional services firm as a Financial Accountant. This role offers an excellent opportunity for an experienced accountant to further their experience in a broad finance role, reporting directly to the Financial Controller.

Day-to-day of the role:

Reporting:

• Prepare, analyse, and regularly update financial data to provide accurate reports to senior management, including:
• Monthly Management Accounts and Departmental reviews.
• P&L forecasts and regular updates.
• Statutory financial statements and audit adjustments.
• Annual Income and Costs budgets.
• Cash forecasts.
• Quarterly Financial Covenants tests to the bank.
• Assistance with the SRA and Statutory LLP audits.

Accounting Tasks:

• Calculate and process quarterly commission payments.
• Prepare schedules for Equity and Fixed Share Partner drawings.
• Review monthly Balance Sheet and bank reconciliations.
• Update monthly Fee Earner and Support staff headcount listings.
• Manage Partner’s Capital requirements; liaise with the bank for new or increased capital as required.
• Valuate WIP & Debts.
• Support the COFA role.

General Tasks:

• Undertake ad hoc projects to improve processes and efficiencies within the accounting function.
• Provide ad hoc reports and financial information as required.
• Address queries from Partners and Associates.
• Liaise generally with auditors and the bank.

Required Skills & Qualifications:

• Accounting qualification – ACCA, CIMA or equivalent experience.
• Proven experience as an accountant, preferably in a law firm or professional services firm.
• In-depth knowledge of the Principles and Accounts Rules of the Solicitors Regulation Authority.
• Strong understanding of accounting principles, financial analysis, and reporting standards.
• Excellent analytical and problem-solving skills with keen attention to detail.
• Advanced proficiency in MS Office, especially Excel. SQL knowledge is a distinct advantage.
• Professional demeanour with outstanding leadership and communication skills. Ability to collaborate effectively with colleagues at all levels.

Benefits:

• Contributory pension scheme (5% employee contribution, 3% employer contribution).
• 22 days holiday, plus 3 days office closure at Christmas (23 days for Managerial roles).
• Private medical insurance.
• Life Assurance scheme.
• Group Income Protection scheme.
• Season Ticket Loan.
• Cycle to work scheme.

To apply for this Financial Accountant position, please submit your CV and a cover letter detailing your relevant experience and why you are interested in this role.