Finance Director

Finance Director

Full-Time 90000 - 110000 Β£ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead financial processes and provide strategic insights to enhance firm performance.
  • Company: Reputable London law firm known for high-quality legal services.
  • Benefits: Competitive salary, professional development, and a diverse work environment.
  • Other info: Office-based role in London, fostering an inclusive recruitment process.
  • Why this job: Join a dynamic team and make a significant impact on financial strategy.
  • Qualifications: Qualified accountant with senior finance experience, ideally in professional services.

The predicted salary is between 90000 - 110000 Β£ per year.

Our client, a highly regarded London law firm, is seeking an experienced Finance Director to join its team on a permanent basis.

The Firm

Our client is a well-established law firm with a strong reputation for providing high-quality legal services to its clients.

The Opportunity

This is an excellent opportunity for an experienced, commercially minded Finance Director to take ownership of the day-to-day finance function and work closely with the COO, Finance Partner and Partners across the firm. The successful candidate will combine strong financial control and operational finance expertise with a commercial, business-partnering approach. The role will suit an individual who is comfortable being hands-on while also providing strategic financial insight and challenging senior stakeholders where appropriate.

Key responsibilities include:

  • Leading all month-end and year-end financial processes, ensuring accurate and timely delivery
  • Preparing monthly management accounts, including detailed analysis, commentary and performance insights
  • Producing financial reports and KPIs for the COO, Finance Partner and Equity Partners
  • Supporting budgeting, forecasting and wider financial planning activities
  • Taking ownership of firm-wide cash flow management and forecasting
  • Monitoring and actively managing WIP, disbursements, aged debt and wider working capital
  • Working closely with Partners and fee earners to improve billing discipline, debt recovery and overall lock-up performance
  • Managing and developing the Senior Legal Cashier
  • Overseeing client and office account processes and ensuring appropriate financial controls are maintained
  • Acting as the primary relationship manager with the firm's banking partners and overseeing day-to-day treasury activities
  • Leading the transition of payroll from an outsourced model to an in-house operation
  • Assuming responsibility for payroll, expenses and the firm's corporate credit card programme
  • Authorising office and client account payments in accordance with firm policies and regulatory requirements
  • Acting as the finance lead for the firm's Efimis accounting system
  • Reviewing and improving finance processes, controls, reporting and workflows, including opportunities for automation
  • Ensuring compliance with the SRA Accounts Rules and all relevant regulatory requirements
  • Supporting audits, compliance reviews and regulatory reporting
  • Working closely with the COO and Finance Partner to support strategic decision-making
  • Presenting financial performance, trends and recommendations at Equity Partner meetings
  • Providing commercial insight to support profitability, growth and operational effectiveness

Requirements

  • Qualified accountant (ACA, ACCA, CIMA or equivalent)
  • Significant experience in a senior finance role, ideally within professional services
  • Strong experience producing management accounts and leading month-end and year-end processes
  • Proven experience managing cash flow, WIP, billing and aged debt
  • Previous experience managing and developing finance staff
  • Strong stakeholder management skills, with the confidence to influence and challenge at Partner level
  • Experience managing payroll and financial controls
  • Strong Excel and systems capability, with a genuine interest in process improvement
  • Experience within a law firm or regulated professional services environment would be advantageous
  • Working knowledge of the SRA Accounts Rules and/or experience with legal accounting systems such as Efimis would be highly desirable

The role is office-based in London, with a minimum of four days per week in the office. We practice a diverse and inclusive recruitment process that ensures equal opportunity for all we work with, irrespective of race, sexual orientation, mental or physical disability, age or gender. As an organisation, we encourage applications from all backgrounds and will ensure measures are met when required, to allow a fair process throughout.

Finance Director employer: Birchrose Associates

As a prestigious independent law firm located in the heart of London, we pride ourselves on our exceptional work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored professional development opportunities, allowing you to thrive while advising high-net-worth clients on prime property transactions. Join us to be part of a highly regarded team that values excellence and offers a rewarding career path in a vibrant city.

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Contact Details:

Birchrose Associates Recruitment Team

We think you need these skills to ace Finance Director

Financial Control
Operational Finance Expertise
Commercial Business-Partnering
Month-End and Year-End Financial Processes
Management Accounts Preparation
Financial Reporting
Budgeting and Forecasting