At a Glance
- Tasks: Join us to manage budgets and accounts for our European offices, ensuring accuracy and efficiency.
- Company: Simpson Thacher & Bartlett LLP is a top-tier international law firm with a global presence.
- Benefits: Enjoy a competitive salary, hybrid work options, and a supportive, diverse workplace culture.
- Why this job: This role offers growth opportunities, collaboration with talented professionals, and impactful work in finance.
- Qualifications: You need a degree in Accounting, 5+ years of experience, and strong Excel skills.
- Other info: Be part of a dynamic team that values diversity and empowers you to succeed.
The predicted salary is between 43200 - 72000 £ per year.
Simpson Thacher & Bartlett LLP is one of the world’s leading international law firms. The Firm was established in 1884 and has more than 1,000 lawyers. Headquartered in New York with offices in Beijing, Brussels, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.
Description/Job Summary
Responsible for the compilation and production of detailed management accounts and budgets, particularly with regards to the expense areas of compensation & benefits, whilst ensuring the on-going improvement in quality of output for the purposes of providing more meaningful management information to the London, Brussels & Luxembourg management and NY accounting teams. Duties include a variety of tasks in accordance with established accounting policies and procedures and practices. Maintain contact with attorneys, staff and external customers as required.
Responsibilities/Duties
- Responsible for all European office compensation & benefits annual expense budget detail;
- Preparation of monthly management accounts reporting;
- Production of monthly budgetary control variance analysis;
- Review and preparation of monthly G/L analysis detail;
- Lead quarterly management accounts review meetings with departmental managers;
- Preparation & maintenance of monthly payroll journal entries;
- Oversee monthly payroll accounting and prepare reconciliation of all staff benefits;
- Ensure payroll expenses are properly accounted for in the firm’s general ledger.
- Oversee the accurate recording of payroll liabilities, including taxes withheld.
- Preparation of quarterly expense forecasting;
- Assist with preparation of UK PAYE Settlement Agreement expense analysis where required;
- Preparation of annual government data surveys;
- Development of monthly expense reporting required by the European office managers;
- Assist with the review & authorization of office payments where required;
- Provide cover for processing new AP vendor requests where required;
- Assist with development of European office management accounts key data package;
- Assist with the mentoring and development of the other Management Accountants;
- Support Accounting Manager with accounting projects;
- Report to Accounting Manager regarding all work duties & tasks;
- Assist with cover for Accounting team members during periods of absence;
- Liaise with New York Accounts department where necessary; and
- Handling of ad-hoc queries and reports as required.
Required Skills
- Degree Educated, a BA in Accounting or similar preferred;
- Legal or professional services accounting experience, 5+ years required;
- Proficiency in Microsoft Office with advanced Excel skills;
- Experience of using Elite 3E or a comparable accounting system preferred;
- Strong understanding of UK VAT rules;
- Excellent interpersonal skills and the ability to verbally present information effectively and respond to questions from people at all levels, including Partners, staff and external customers;
- Highly organised with excellent time management skills;
- Excellent analytical and problem solving skills;
- Ability to multi-task and prioritise;
- Ability to anticipate work needs and follow through with minimum direction;
- Excellent attention to detail;
- Sound judgment;
- Capable of working within a high-charged, fast-paced environment; and
- Available to work additional hours where necessary.
Details
Salary and Benefits: Competitive
Hybrid: Monday-Thursday in office, ability to WFH on Fridays
Simpson Thacher is committed to ensuring that everyone can reach their full potential, irrespective of background, identity, or circumstance. We know that we are at our best when we bring together diverse experiences and perspectives. This is why we are focused on fostering a collegial environment which maximises collaboration, empowering every individual to thrive and succeed.
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Senior Management Accountant employer: Simpson Thacher & Bartlett LLP
Contact Detail:
Simpson Thacher & Bartlett LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Management Accountant
✨Tip Number 1
Familiarize yourself with the specific accounting software mentioned in the job description, such as Elite 3E. If you haven't used it before, consider taking an online course or tutorial to get a head start.
✨Tip Number 2
Brush up on your knowledge of UK VAT rules, as this is a key requirement for the role. Understanding these regulations will not only help you in the interview but also demonstrate your commitment to the position.
✨Tip Number 3
Prepare to discuss your experience in managing budgets and financial reporting during the interview. Be ready to provide specific examples of how you've improved processes or contributed to management accounts in previous roles.
✨Tip Number 4
Highlight your interpersonal skills and ability to communicate effectively with various stakeholders. Think of instances where you've successfully collaborated with different teams or presented complex information clearly.
We think you need these skills to ace Senior Management Accountant
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Management Accountant position. Understand the key responsibilities and required skills, especially those related to accounting policies, budget preparation, and management reporting.
Tailor Your CV: Customize your CV to highlight relevant experience in legal or professional services accounting. Emphasize your proficiency in Microsoft Office, particularly advanced Excel skills, and any experience with accounting systems like Elite 3E.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the firm's values and how your background aligns with their needs. Mention specific experiences that demonstrate your analytical skills, attention to detail, and ability to work in a fast-paced environment.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your application is polished and professional, reflecting the high standards expected by Simpson Thacher & Bartlett LLP.
How to prepare for a job interview at Simpson Thacher & Bartlett LLP
✨Showcase Your Accounting Expertise
Make sure to highlight your experience in legal or professional services accounting. Be prepared to discuss specific examples of how you've managed budgets and financial reporting, particularly in relation to compensation and benefits.
✨Demonstrate Advanced Excel Skills
Since proficiency in Microsoft Office and advanced Excel skills are crucial for this role, be ready to discuss your experience with Excel functions, data analysis, and any relevant accounting software like Elite 3E.
✨Prepare for Behavioral Questions
Expect questions that assess your interpersonal skills and ability to work under pressure. Prepare examples that demonstrate your problem-solving abilities and how you manage multiple tasks effectively in a fast-paced environment.
✨Understand UK VAT Rules
Having a strong understanding of UK VAT rules is essential for this position. Brush up on your knowledge and be ready to discuss how you have applied this knowledge in previous roles.