An opportunity has arisen for a Commercial Finance Analyst to support the activities of the firm's Commercial Finance function. This is a great opportunity for someone looking to further their career in a professional services finance function and will expose the successful candidate to varied and non-traditional finance tasks.
About the role
The Commercial Finance team makes up one half of the wider Financial Planning & Decision Support (FPDS) team working alongside our colleagues in the Finance Business Partnering team. FPDS is one of the three key functions of the firm's Finance & Accounting division. The Commercial Finance team is currently made up of seven people in total (One head, four managers, one assistant manager and one analyst).
The Commercial Finance team is primarily responsible for ensuring the work delivered by our lawyers is as profitable as it can be. Primarily this is done by ensuring new work is priced profitably at the outset by assisting with fee negotiations and making innovative pricing recommendations. However profitability is also improved by ensuring our business leaders have effective financial support. This is achieved by provision of effective analysis and insight, proactive recommendations, advice on strategy, the formulation and delivery of various training courses, process improvement and policy formulation. The team works very closely with colleagues in our New Business, Business Development, Client Management, Legal Operations and Project Management, and Innovation teams, as well as working with partners and senior stakeholders across the business.
The team deals with interesting and dynamic aspects of the firm's financial arrangements globally; this is a great opportunity for someone looking to expand their finance and commercial skills.
This role reports directly into the Head of Commercial Finance but will also support the Commercial Finance Managers to deliver the team's objectives. The primary role will focus on our most complex, global and strategic clients ensuring the Client Relationship Partners and other key stakeholders have everything they need from a financial perspective for the effective management of the relationship and the client's financial performance.
In addition the successful candidate will support in fee negotiations, analysis of our practice, sectors, clients, matters and partners, handling and analysing large data sets, producing financial reports, trend analyses highlighting areas of concern, assisting with our key project programme, maintaining the team's engagement register, analysing the firm's risk exposure of our conditional fee arrangement register and various other ad hoc related tasks as and when required.
The successful candidate will be ambitious and looking for a long-term career in finance or commercial finance. Experience in a finance setting within a law firm or other professional services firm is important. They should have excellent numeracy, excel, data and analysis skills and will preferably be either semi-qualified or looking to further their professional financial qualifications. A strong academic background is beneficial, within a finance or economics discipline being desirable but not crucial. Experience of commercial finance/pricing would be an advantage but is not essential.
The position requires someone who is self-motivated, who needs little supervision and who can demonstrate initiative to highlight issues, identify solutions and deliver them. As the role requires liaising with senior stakeholders internally, and externally, strong confident written and verbal communication skills are also crucial.
CMS is an international law firm with leading businesses throughout Europe, The Middle East, Asia and beyond. We create sustainable and rewarding futures for our clients, our people and our communities.
Ranked as the world's 5th largest law firm by lawyer headcount and 6th largest in the UK by revenue, CMS works with clients in over 40 countries from 70+ offices worldwide.
CMS is well equipped to help our clients face the future with confidence. We are driven by technology and readily embrace the possibilities it opens up for developing new and better ways of delivering legal services. And we recruit, value and nurture top talent.
We offer a range of benefits to our employees! Benefits include but are not limited to the following:
- 25 days annual leave
- Flexible working opportunities
- Flexible holiday purchase
- Private Medical Health Insurance
- Pensions package
- Health & wellbeing incentives
- Cycle to work scheme
- Individual office perks
CMS is committed to promoting equal opportunities in employment, to not only adhere to current employment law, but to harness the full potential of our staff and ensure that all individuals are treated fairly and with respect. To meet this aim CMS endeavours to treat all staff and job applicants equally, on the basis of merit and the ability to do their job. Everybody will be treated equally regardless of race, colour, age, religion or belief, gender, gender identity, gender expression, marital or civil partner status, ethnic or national origin, physical or mental disability, sexual orientation, and pregnancy or maternity status ("Protected Characteristics"). Click here to see our Equal Opportunities statement.
All job applicants will be treated fairly and judged solely on their merits. If you have a disability which is likely to affect you adversely within the application process, please let us know (as soon as you feel comfortable to do so) so that we can consider whether we can make any adjustments to the process that will allow you to be considered fairly for the role.
How to apply
If you are interested please apply online. If you have any queries, please contact Esther Caines, Talent Acquisition Advisor via email at Esther.Caines@cms-cmno.com.
Please note that CMS have a preferred agency panel in place. Only applications submitted via the portal at the point of instruction will be accepted.