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Commercial Finance Analyst

Employer
Ashurst
Location
Glasgow, Scotland, United Kingdom
Salary
Competitive Salary
Closing date
Oct 13, 2024
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Job Role
Commercial Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Description

About Ashurst:

Ashurst is a leading progressive global law firm with a rich history spanning more than 200 years. We are proud of our history and are future-focused, having expanded into new technologies through our NewLaw division, Ashurst Advance, and our consulting arm. Our in-depth understanding of our clients and commitment to providing excellent standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law. To find out more please visit www.ashurst.com

In order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. When applicants accept a job offer, Ashurst, alongside a specialist provider, will undertake professional verification and background checks. These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations.

Role / Department Overview

The primary focus of the Commercial Finance Analyst (CFA) is to support the firm's client/matter life cycle, including:

  • Matter tracking and monitoring, flagging any deviation from matter budget
  • Producing financial reports and analysis;
  • Matter pricing and resource planning - including reporting to Business Managers around compliance with pricing governance framework
  • Quality assurance for matter set up and commercial terms for high value matters and commercial arrangements

The role requires extensive interaction with stakeholders in the legal and central teams and therefore a professional, confident, enthusiastic and solution based approach is essential.

Main Responsibilites

  • Business Manager day to day support. This will include first review of monthly profit and loss analysis, review of partner financial reports to assist with discussion with Practice and Division heads, assistance with the annual budgeting process and financial plans and working capital management review
  • Supporting Senior Commercial Manager in delivery of projects
  • Supporting the pricing of matters and large opportunities, attendance at kick off meetings and overall analysis and presentation of pricing proposals as well as providing matter/client reporting which allows for timely review of issues with partners
  • Where possible, assist with ad hoc requests from Practice and Division heads. This is generally additional analysis around monthly numbers or partner performance
  • Work with relevant financial teams to drive the annual rate reviews across all jurisdictions (and working with APAC counterpart/s where required for consistency with clients)
  • Produce ad hoc strategic financial analysis to assist with cross functional and Commercial management initiatives. Some examples would be working on business services transformation projects and within Commercial management specifically assisting with client, industry and firm reporting improvements
  • Prepare and deliver training of financial tools and reports to legal and other business services teams
  • Risk and Control: Ensure that all activities and duties are carried out in full compliance with our regulatory requirements and internal policies.

Essential Skills And Experience

  • Analytical and numerate.
  • Excellent time management skills with the ability to prioritise tasks that may have tight and competing deadlines
  • Self-motivated with excellent interpersonal skills, including the ability to communicate effectively across all levels of an organisation both verbally and in a written manner
  • Intermediate to advanced knowledge of programs in the Microsoft suite including Excel (vlookups and pivot tables), Power BI and a working knowledge of Word and PowerPoint.
  • Experience with 3e or similar and IBM TM1 also preferable
  • Ability to identify and escalate areas of risk to the divisional Business Managers
  • Prepared to travel as and when required
  • Willingness to perform a range of tasks from routine administrative tasks through to bespoke activities of a more complex nature as directed by the Business Manager
  • Previous experience in a business partnering role/professional services environment desirable.

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