Financial Accountant
  • England,London
  • full-time
  • £65,000 - £78,000 per annum, inc benefits
Job Description:
We are seeking a skilled Financial Accountant to join our team. This role involves comprehensive financial reporting, accounting tasks, and general financial management. The ideal candidate will have a strong background in accounting, preferably within a law firm or professional services environment, and will be instrumental in driving financial accuracy and process improvements.
Day-to-day of the role:
Reporting:
*Prepare and analyse financial data, ensuring accurate financial reports are delivered to senior management.
*Manage monthly Management Accounts and conduct departmental reviews.
*Provide P&L forecasts and updates.
*Prepare statutory financial statements and manage audit adjustments.
*Develop annual Income and Costs budgets.
*Conduct cash forecasts and quarterly Financial Covenants tests for the bank.
*Assist with 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, including liaising with the bank and handling applications for new or increased capital.
*Value WIP & Debts and support the COFA role.
General Tasks:
*Lead ad hoc projects to enhance processes and efficiencies within the accounting function.
*Provide ad hoc reports and financial information as required.
*Address queries from Partners and Associates.
*Liaise with auditors and the bank on various matters.
Required Skills & Qualifications:
*Accounting qualification – ACCA, CIMA, or equivalent experience.
*Proven experience as an accountant, ideally within a law firm or professional services firm.
*Comprehensive knowledge of the Principles and Accounts Rules of the Solicitors Regulation Authority.
*Profound understanding of accounting principles, financial analysis, and reporting standards.
*Advanced proficiency in MS Office, especially Excel. SQL knowledge is highly advantageous.
Excellent leadership and communication skills, with the ability to work collaboratively across all levels.
Benefits:
*Private medical insurance
*Life Assurance scheme
*Group Income Protection scheme
*Season Ticket Loan
*Cycle to work scheme
*Hybrid working
*25 days holiday
*Pension 
*9.30-5.30
Job number 1677308
metapel
Company Details:
, Reed Accountancy
Company size: 2,500–4,999 employees
Industry: Accountancy
Reed is the largest family-run recruitment business in the world and we?ve been improving lives through work since 1960. We have the UK’s larges...
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