Financial Reporting Accountant (Law Firm)

**Opportunity to join leading law Firm

**Open to candidates currently in an Accountancy Practice, looking to get into industry

**Hybrid Working

Responsibilities:

Keep up to date with changes to regulatory rules, and comply with new and emerging reporting and disclosure requirements. ·
Continually assess the adequacy of internal processes, data and controls which support the production of regulatory returns and implement enhancements to increase efficiency and strengthen the control framework as required.
Work collaboratively with other teams and departments, including the tax team and local finance managers, to understand and explain group and local financial reporting requirements. ·
Assist in finance automation projects relating to statutory and regulatory reporting. ·
Deal with ad-hoc requests from the business relating to reporting. ·
Help to optimise processes related to regulatory reporting. ·
Interact with the authorities when needed. ·
Specific projects include but not limited to:
Involvement in the account’s preparation of the Group financial statements & subsidiaries under applicable International Financial Reporting Standards,
Involvement with the Group cost allocations and transfer pricing,
Reconciliation between group and local accounts,
Support the preparation of VAT returns in the UK and certain overseas offices.
Accounts preparation and review of the Group’s Limited Liability Partnership financial statements under applicable International Financial Reporting Standards. ·
Accounts preparation and review of some of the LLP’s subsidiary undertakings under applicable financial reporting standards. ·
Keeping up to date with changes to IFRS reporting standards. ·
Investigate complex accounting issues, document findings, and prepare accounting papers relevant to the Group’s operations. ·
Liaising with the firm’s auditors for the statutory financial statements. ·
Liaising with finance managers on results of local component audits.
Group cost allocation and transfer pricing: · Assisting with the timely preparation and review of centralised adjustments including cost allocation and transfer pricing entries. ·
Working with the tax team to ensure documentation is compliant with tax requirements. · Working with the tax team and local managers to ensure compliance with local requirements.
Technical Accounting Support: · Helping to create best practice rules for transaction and journal processing in 3E and OneStream, including cash and accrual accounting. ·
Review of system balancing and processing adjustments where necessary.

PERSON SPECIFICATION

ACA, ACCA, CIMA or equivalent. ·
Practice experience in a mixed role (audit and accounts prep) preferred
Experience of analytical review, interpretation of trends and delivering results in a deadline driven environment. ·
Thorough knowledge of the use of Excel spreadsheets. ·
Experience of preparation of statutory financial statements. Desired · Law firm experience. ·
Strong knowledge of IFRS. · Knowledge of UK GAAP. ·
Knowledge of UK tax filing requirements, with a particular focus on corporation tax and VAT.
Microsoft Project skills, Word, PowerPoint and Excel skills.