Regional Financial Accountant

Date: 11 Jul 2024

Location: London, GB, EC3M 7AF

Company: Walkers Global

Walkers is a leading international law and professional services firm providing legal, corporate and fiduciary services to global corporations, financial institutions, capital market participants and investment fund managers. With a global presence spanning the Americas, Europe, the Middle East and Asia, we advise on the jurisdictions of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey.

Walkers treat everyone as the intelligent grown-ups they are. We take a grown-up approach to getting the job done – trusting and empowering our people to deliver consistently, and enabling them to succeed. Diversity is our secret weapon – it’s the sheer breadth of Walkers people that makes us who we are – gathered from across the globe and fluent in languages, jurisdictions and cultures that help us to mirror our clients and keep our own thinking in tune with the world we operate in.

Duties, Responsibilities & Person Specification

Cash flow (London)        

•             Update bank entries including splitting out large supplier payments

•             Update forecasts for expectations

•             Advise UK Finance Manager of forecast fund shortages

 

Payment Schedules (London)    

•             Prepare the schedule and find invoices to support payments

•             Prepare Barclays payment run and ask UK Finance Manager to approve it

•             Post payments

 

AP supervision (London)              

•             Review AP sessions prepared by Finance Assistants as required and ask them to amend &/or post AP sessions as necessary

 

Barclays Payments (London)      

•             Enter payments (partner requests / bill transfers)

•             Authorise payments in absence of UK Finance Manager

 

Month-End        

  • Update bank reconciliations
  • Ensure Finance Assistants check bank statements regularly
  • Ensure Finance Assistants post all receipts and payments
  • Reconcile & posting the "Payroll" control accounts
  • Review with UK Finance manager or Channel Islands Head of Finance and fix differences
  • Update bad debt provision schedules
  • Post bad debt provision journals
  • Update fixed asset register
  • Post depreciation journals
  • Reconcile Intercompany accounts
  • Post journal for staff cost recharges from Cayman
  • Post journal for Intercompany charges from other offices
  • Notify other offices of our Intercompany charges to them

  • Update prepayments schedules
  •  Prepare, upload and post prepayments journals
  • Update accruals schedules
  •  Prepare, upload and post accruals journals
  • Update staff costs analysis and submit to Head office

 

VAT Return        

•             Prepare return

  • Adjustments for Inter-Office fees and disbursements
  • Adjustments for Global Management expense recharges

•             Arrange review meeting

               

Annual Financial Statements      

•             Assist with the preparation of spreadsheets and analysis spreadsheets

 

 

Annual Audit     

•             Respond to audit queries and requests

 

Budgets              

•             Assist with the preparation of spreadsheets and schedules

•             Discussions with budget holders to agree plans and costs

 

Partnership Tax

•             Prepare tax analysis schedules for tax advisers

               

Ad hoc reports and requests      

•             Extract, check and reconcile information to respond to queries from relevant stakeholders

  • Required to work as part of a team and assist with wider finance and accounting tasks as and when required in the absence of colleagues, i.e. AP and admin tasks. 

Education, Skills & Experience

We are seeking a qualified accountant with relevant accounts based qualifications. Experience within the legal sector would be highly desirable.

Candidates must be willing to learn, adaptable, flexible and methodical in their approach. We are seeking someone who is driven and with an eye for detail. Candidates must be willing and able to step up to tackle increase supervisory duties if required in additional to designing and preparing more management reports if requested.

 

Walkers global is an equal opportunity employer. Equality and diversity are key to our global identity and an integral part of our goal to continue being an employer of choice. We are committed to a work environment that supports all individuals irrespective of gender, ethnicity, nationality, race, religion, marital status, age, disability, pregnancy, sexual orientation, gender identity or any other applicable legally protected characteristics. We make every effort to ensure that employment opportunities are open and accessible to all purely on the basis of personal ability.