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.