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The Firm
Clyde & Co is a global law firm with 400 partners, 2000 legal professionals and 3600 staff in over 40 offices across six continents. Its core global sectors position it at the heart of global trade and commerce: insurance; marine, natural resources and energy; projects and construction; aviation. Our vision is to be our clients first choice for complex, multi-jurisdictional matters in our chosen sectors by investing in our core practice areas in chosen locations, serving an international client base and build a network of offices in key trading zones. Our key focus is also to become the "go to" firm in emerging markets, running ourselves professionally by attracting and developing the best people.
Department: Casualty
Location: Manchester
Role: Finance Business Partner
The Firm
Clyde & Co is a global law firm with 400 partners, 2000 legal professionals and 3600 staff in over 40 offices across six continents. Its core global sectors position it at the heart of global trade and commerce: insurance; marine, natural resources and energy; projects and construction; aviation. Our vision is to be our clients first choice for complex, multi-jurisdictional matters in our chosen sectors by investing in our core practice areas in chosen locations, serving an international client base and build a network of offices in key trading zones. Our key focus is also to become the "go to" firm in emerging markets, running ourselves professionally by attracting and developing the best people.
The Role
Clyde & Co is seeking a Finance Business Partner to join our Casualty team in Manchester. In this role you will work with the team to enable the department to achieve its objectives, make decisions and plan appropriately through the effective understanding and use of financial analysis.
Key Responsibilities
Financial Planning and Analysis:
- Lead the preparation of the annual budget for the department providing insight for key commercial assumptions, liaising with BD and COO's to ensure buy in on key dependencies, and ensuring accuracy of baseline budgets
- Interpret and communicate month end and forecast analysis for the department
- Provide regular performance forecast to give visibility to COO's and FP&A team, highlighting risks and opportunities and agreeing actions to mitigate and deliver
- Challenge business assumptions in forecasting and planning, using analysis and post-implementation review learnings
Performance Management And Communication
- End to end ownership of group P&Ls, driving quality of insightful commentary, and commercial challenge
- Advanced ad-hoc analysis to help maximise profitability across the group particularly looking at partner and client portfolios and key performance drivers: realisation, utilisation, staffing ratios and working capital.
- Review and analysis of actual performance, interpret results drawing conclusions and making recommendations for future actions
- Where gaps to target appear proactively engage with the department at the earliest opportunity to develop and implement appropriate recovery plans
Business Support
- Serving as the financial link between practice(s) and the finance team.
- Provide insight and recommendations to deliver income growth or identify potential efficiency benefits through improving processes.
- Providing financial mentoring and training to newly promoted partners / laterals / promotion candidates / new firm joiners.
- Providing financial support to ensure strategic business development, client retention and increased client profitability within the practice group(s).
- In conjunction with the working capital team, keep abreast of any issues and act as an escalation point to resolve issues with internal/external stakeholders
- Being able to articulate any budget risks of any significant working capital issues.
- Providing input to delivery of effective people management processes and strategies, including capability development, talent management, succession planning and workforce planning.
- Ensuring financial models and processes are critically reviewed on a regular basis for continuous improvement.
- Scenario modelling and business case preparation for business initiatives to aid decision making and maximise business performance e.g lateral partner recruitment
- Understanding operational dependencies for delivery on financial performance targets and ensuring these are monitored to mitigate financial risk and deliver financial performance.
Commercial Support
- Work with department aligned BD managers on client bids and proposals where finance-enabled pricing and commercial support can add value.
- Supporting the BD team in client / key client reviews.
- Driving a proactive review of pricing to enable Partners to present requests for mid-contract price increases
- Ad-hoc analysis and reporting to support BD and partners in maintaining and developing existing client relationships. 2 Error! Unknown document property name.
Key Stakeholders
- Department executive/management team (incl designated finance partner)
- COO
- Global Head of FP&A
- Partners
- HR Business Partners
- Business development team
- Working capital team
Essential Skills And Experience
- ACCA/ ACA/CIMA qualified with a minimum of 5 years PQE
- Extensive Finance Business Partnering experience with senior stakeholders [within a professional services business]
- Excellent written and verbal communication
- Strength of personality to ensure the perspective of 'Finance' is clearly communicated.
- Resilient, with the ability to remain calm and focussed under pressure.
- Excellent soft skills including the ability to influence or challenge senior stakeholders when necessary
- A continuous improvement mentality to support development of self, colleagues and business processes and interactions
- An ability to be able to focus on the detail during business planning processes as well as understand the bigger picture when supporting fast moving strategic decision support.
- A collaborative team-player who is transparent and has a straight forward approach
- Proficiency using MS product suite (with particularly focus on analysis and reporting tools)
Business Services Competencies
Clyde & Co is committed to providing extensive, personal and professional development opportunities for our people enabling them to be highly effective in their current role as well as assisting them to fulfil their career aspirations.
The Competencies Are Used To Inform All Aspects Of Business Services Career Development. They Vary Across Levels And Different Business Areas And Fall Under The Following Areas
- Technical Excellence
- People and Team
- Client/Stakeholder Relationships
- Service Delivery and Commercial Awareness
- Personal Effectiveness
When you work at Clyde & Co, you join a team of 490 partners, 2,400 lawyers, 3,200 legal professionals and 5,500 people in nearly 70 offices and associated offices worldwide. Our values are the principles that guide the decisions we make, unite us in our endeavours and strengthen our delivery, for both our clients and our firm. We work as one, excel with clients, celebrate difference and act boldly. We are committed to operating in a responsible way by progressing towards a diverse and inclusive workforce that reflects the communities and clients it serves. We are devoted to providing an environment in which everyone can realise their potential, using its legal and professional skills to support its communities. We do this through pro bono work, volunteering and charitable partnerships, and minimising the impact it has on the environment, including through our commitment to the SBTi Net-Zero standard and the setting of ambitious emissions reduction targets.
We offer a range of tailored benefits and support, including healthcare, retirement planning and wellbeing initiatives.
Clyde & Co is proud to be an equal opportunities employer. Our core values encourage us to support fairness, celebrate diversity and prohibit all forms of discrimination in the workplace to allow everyone to excel at work. Therefore, we welcome and encourage all applications from suitably qualified individuals, regardless of background or identity.
Please take a moment to read our privacy notice carefully. This describes what personal information Clyde & Co (we) may hold about you, what it’s used for, how it’s obtained, your rights and how to contact us as a data subject.
If you are submitting a candidate as a Recruitment Agency Partner, it is an essential requirement and your responsibility to ensure that candidates applying to Clyde & Co are aware of this privacy notice.
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