At a Glance
- Tasks: Support financial performance with insights and analysis for practice groups.
- Company: One of the oldest and leading law firms in the Southeast.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic role with opportunities for career advancement.
- Why this job: Make a real impact on financial decisions and drive profitability.
- Qualifications: Experience in finance and strong analytical skills required.
The predicted salary is between 45000 - 55000 £ per year.
Our client is one of the leading law firms in the Southeast, and one of oldest law firms in operation in the world, With over 140 fee earners, their specialist practice areas include Commercial, Corporate, Employment, Construction, Real Estate and Agriculture & Rural Affairs
Qualifications, skills, and all relevant experience needed for this role can be found in the full description below.
The Commercial Finance Accountant supports the firm's financial performance by providing commercial insight, analysis and business partnering to practice groups and senior stakeholders.
The role helps drive profitability, pricing discipline and informed decision-making through analysis of revenue, margin, matter performance and departmental results.
It also maintains oversight of working capital, including WIP, billing, debtors and lock-up, to support strong revenue conversion and cash flow discipline.
Responsibilities
- Act as a finance contact for allocated practice groups and senior stakeholders.
- Attend departmental meetings to review performance, risks and opportunities.
- Provide insight on revenue, margin, utilisation, recovery and client performance.
- Challenge and support partners in understanding the commercial drivers of their results.
- Help translate financial information into practical actions to improve performance.
- Produce revenue, profitability and performance reporting by department, client and fee earner.
- Analyse trends in fee income, margin, recovery and commercial performance.
- Investigate drivers of underperformance, margin erosion and variances to plan.
- Prepare dashboards and commentary for practice leaders and finance management.
- Identify opportunities to improve performance and support evidence-based decision-making.
- Assist in the preparation of revenue forecasts, departmental budgets and reforecasts.
- Monitor actual performance against budgets and forecasts, highlighting risks and opportunities.
- Support forecasting of billing, cash collections and short-term revenue performance.
- Provide forward-looking analysis to support commercial planning and resource decisions.
- Support partners with financial analysis for pricing proposals and fee arrangements.
- Analyse profitability of key clients, significant matters and service lines. xgikmsk
- Provide modelling to support new business opportunities and investment decisions.
- Contribute...
Commercial Accountant in Royal Tunbridge Wells employer: Career Legal Careers
As one of the UK’s top 100 law firms, our client offers a dynamic and supportive work environment that fosters professional growth and development. With a strong emphasis on collaboration and innovation, employees benefit from a culture that values their contributions and encourages continuous learning. The stunning new offices provide an inspiring backdrop for a rewarding career in the legal sector, making it an excellent choice for those seeking meaningful employment as a Revenue Assistant.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Accountant in Royal Tunbridge Wells
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Career Legal Careers. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Commercial Accountant in Royal Tunbridge Wells
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Career Legal Careers.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Career Legal Careers's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Career Legal Careers
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Career Legal Careers.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Career Legal Careers will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Career Legal Careers employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.