Financial and Cost Accountant

The Financial and Cost Accountant is a key member of the finance team, responsible for ensuring the

accuracy, integrity, and strategic value of financial data within the firm. Operating at a middle

management level, the incumbent will oversee core accounting functions, contribute to financial

planning and analysis, and ensure compliance with statutory and regulatory requirements.

This role requires a strong understanding of financial systems, cost accounting principles, and the

operational dynamics of a legal or professional services environment. The ideal candidate will

demonstrate high levels of analytical capability, attention to detail, and the ability to manage complex

Duties and responsibilities

• Oversee the financial system processes related to billing and revenue recognition, ensuring timely and accurate closure of billing cycles.
• Maintain and update financial structures such as cost centres and profit centres to support effective reporting and analysis.
• Manage the chart of accounts to ensure it remains consistent, accurate, and aligned with organizational reporting requirements and financial controls.
• Monitor system to ensure all transactions are posted daily.
• Prepare complete sets of monthly management accounts with supporting schedules.
• Compile and maintain month-end reconciliation files.
• Prepare the monthly fees report, ensuring accurate billing and promptly identifying any variances or discrepancies.
• Produce ad hoc financial and operational reports to support decision-making.
• Review allocation of monthly actuals versus budget into support service templates and prepare variance analyses.
• Review and analyse management accounts for subsidiary entities.

Audit and Year-End Reporting

Regulatory Compliance

Budgeting and Financial Planning

Operational and Ad Hoc Duties

#J-18808-Ljbffr