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Finance Business Partner

62454
£50,000 - £60,000
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Darren Buckley

Finance Business Partner (Agile Working)

We are currently working with an International Law Firm that, whilst not a virtual Firm, understand the benefits of adopting hybrid working. In September 2021, the Firm launched an Agile Working Pilot, the aim of which is to ensure that we combine the needs of their Firm, team, and individuals to arrive at an optimal hybrid working model for the future, combining the right blend of working in the office and remotely, dependent on role.

Your Role

Reporting to the Commercial Finance Manager, you will provide detailed analysis to improve understanding of the financial performance of fee-earning departments and assist in commercial decision making, carrying out detailed financial modelling and written commentary.

Based at our client's London office, this role will sit within the recently formed Business Partnering team, supporting the Commercial Finance Manager and Commercial Finance Business Partner.

There are circa 50 employees in the Finance team, and it is divided into four key areas:

  • Reporting and Analysis (including Management Accounts, Business Intelligence, Financial Control and Business Partnering teams)
  • Financial Systems
  • Accounts Payable and Cashiers; and
  • Revenue, Pricing and Credit Control

Your Role and Responsibilities

Business Partnering:

  • Support senior stakeholders both within and outside of Finance to encourage and support the strategic direction of the division.
  • Regularly review actual performance, prepare forecasts/projections, and monitor against business plans and budgets.
  • Support in the preparation of investment appraisals/business case analysis for recruitments/lateral hires and promotions.
  • Assist in identifying any financial issues and efficiency opportunities to enable the practice groups to undertake profit improvement initiatives.
  • Attend and engage in regular department meetings to ensure the depth of knowledge of each department is maintained.
  • Support discussions of financial performance, proactively challenging issues, driving through change and gaining commercial insight.
  • Monitoring and managing key financial targets (e.g., billing, chargeable hours, recovery, and profitability).

Financial Management:

  • Assist the production of monthly management information pack including KPIs and divisional commentaries.
  • Review operating results and actual performance of the overall business as well as individual departments, practice groups, partners, and fee-earners.
  • Assist in the budgeting and planning cycles for fee-earning departments.
  • Work with the Business Intelligence team to support profitability analysis at client, matter, work type, partner, and fee earner level.
  • Ad-hoc financial analysis and project work, analysing and understanding underlying financial data.
  • Assist in the overall improvement of understanding of financial KPIs and performance across the business.

Collaboration:

  • Work closely with the Business Intelligence team to help improve overall financial understanding of the business.
  • Establish relationships with key stakeholders such as DMPs, HoGs and support teams (HR, Business Development and Finance).
  • Collaboration with HR, including recruitment plans, business plans, forecasting headcount for budgets and targets, capacity management, salary review and bonuses, space planning, promotions and ad-hoc reviews of teams and individuals.
  • Collaboration with the BD department. Encouraging cross-selling across the Division and firm-wide, help identify opportunities to drive growth.

Your Qualifications and Experience

  • Qualified or part-qualified accountant (CIMA / ACCA / ACA)
  • Highly advanced Excel skills
  • Significant experience in using 3e, or other similar practice management system
  • Knowledge or willingness to learn to use new tools (e.g., Microsoft Power BI)

Your Skills

  • Previous experience in a legal sector role or other partnership structure is desirable but not essential
  • Ability to identify profit drivers and improvement opportunities through the analysis of P&L
  • Experience working with, and finance business partnering with, stakeholders across the business and have proven abilities in critically assessing detailed analysis and problem-solving
  • Influencing change within their area of responsibility
  • Excellent attention to detail with a high level of accuracy
  • Excellent organisational skills and ability to prioritise
  • Ability to effectively manage own workload
  • Ability to communicate effectively with people at all levels
  • Excellent written and oral communication skills
  • Ability to work independently and as part of a team
  • Personable and confident, able to build relationships with partners/ key stakeholders
  • Resilient and calm under pressure
  • Adaptable and flexible approach
  • Pro-active and takes initiative

For further information on this exciting new Finance Business Partner position, please apply direct or contact Darren Buckley at AJ Chambers

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