Head of Financial Control
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Finance & Banking
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Accounting
Job Description & How to Apply Below
This is a key leadership role in the finance team, with global responsibility for the financial controllership, accounting, and cashiering, ensuring robust and efficient financial management of the firm.
It's an exciting time of strategic change for the firm, and the role of the finance function within it. The firm is on a growth trajectory as part of its strategic ambitions and finance plays a pivotal role in enabling the successful financial performance against this strategic ambition.
The Head of Financial Control will be responsible for developing the global maturity of accounting processes, cashiering, and payroll. Maturing ways of working, service delivery, and technology and data enablement.
This is a pivotal leadership position within the Finance function, with global responsibility for financial controllership, accounting operations and cashiering. You will ensure the firm’s financial management is robust, efficient and consistently high-quality, underpinning confident decision-making across the business.
The firm is in a period of strategic change and growth, with Finance playing an increasingly important role in enabling performance against the firm’s ambitions. As Head of Financial Control, you will lead the continued development and maturity of our global accounting processes, cashiering and payroll - strengthening ways of working, service delivery, controls, and the use of technology and data to improve insight and efficiency.
Theteam
The individual will work closely with the CFO to provide technical financial accounting delivery, management of cashflow, cashiering and client accounts (in line with SRA accounts rules), and responsibility for payroll. This team and the individual will work closely with the rest of the finance team, in particular the cashiering team needs to closely collaborate with the billing and collections team, and the accounting team works closely with FP&A and business partners.
The role is responsible for accurate and timely accounting, cash and payment management and ensure compliance with SRA accounts rules, and internal and external accounting requirements.
Working closely with the CFO, you will provide expert technical accounting leadership, oversee cashflow management, lead cashiering and client accounts activity in line with the SRA Accounts Rules, and support the payroll function.
You will operate as a senior partner to the wider Finance team. In particular:
- Cashiering will work closely with Billing and Collections to support efficient revenue and cash processes.
- Accounting will work closely with FPA and Finance Business Partners to ensure timely, accurate reporting and meaningful analysis.
The role leads three teams - Accounting, Cashiering and Payroll and reports directly to the CFO.
Key internal relationshipsThis is a critical role which interacts with all areas of the Firm, in particular:
- Managing Partner
- Billing & collection teams
- Risk and Compliance team
- Partners and matter teams
- Business services teams
- Running and leading the global financial control team (accounting, cashiering, and payroll).
- Overseeing the timely and accurate production of internal management accounts and reporting for the firm as well as annual financial statements.
- Ensuring regulatory compliance in relation to financial matters (including VAT and SRA).
- Leading the annual audit process, and liaising with auditors.
- Leading the Cashiers team:
- Ensuring SRA accounts rules compliance, including managing the annual audit.
- Developing and implementing efficient bank reconciliation process.
- Creating regular and timely cash flows, including forecasting and scenario modelling.
- Management of the staff accounts and payroll…
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