A highly reputable law firm are looking for a Management Accountant to join their team in London where you will have responsibility for the production of annual budgets and monthly management accounts as well as providing insightful analysis of financial performance across the firm.
As the Management Accountant, you will prepare and deliver the month end management accounts including a detailed monthly written report. This includes departmental profit and loss accounts, contribution statements as well as various performance reports. You will agree annual budget drivers and assumptions with the fee earning and Business Services teams and produce consolidated plans and budgets for the firm. You will maintain the budgets on Aderant and you will manage Key Performance Indicators.
You will support and respond to Departmental Managing Partners and other stakeholders on request for financial analysis such as trends or client profitability, providing written explanations and advice when necessary. You will provide stakeholders with detailed monthly expenditure reports and carry out monthly variance analysis of significant cost items.
Furthermore, you will provide pricing and project planning advice to assist partners with scoping and estimating matter proposals and monitoring outcomes against those plans, whilst training new fee earners on how to use the software and to understand their Key Performance Indicators.
There will also be adhoc projects to complete and reporting which will include preparation of financial analysis for partner assessments, departmental strategy papers and completion of benchmarking surveys. You will build up and maintain a network with peers elsewhere in the legal market so that the firm remains up to date with current thinking and technology.
To be successful in this Management Accountant position you must have relevant Management Accounting experience within professional services, ideally within a law firm. You must have excellent organisational skills and the ability to effectively manage workloads particularly in times of conflicting deadlines and busy periods. You must be able to use your initiative and approach work in a proactive manner.