Financial Analyst

  • Hogan Lovells
  • London, UK
  • Apr 14, 2022
Analyst Finance Financial services

Job Description

Department

 

Financial Analysis and Reporting        

 

Office Location

 

London

 

Reports To

 

Head of Financial Reporting and Analytics

 

Working Hours

 

35 hours per week, 9:30am to 5:30pm but additional hours may be required. We are happy to consider agile and flexible working patterns and are piloting a hybrid working approach, please contact a member of the recruitment team to discuss further.

 

Firm Description

 

Hogan Lovells is one of the leading global law firms.  Our distinctive market position is founded on our exceptional breadth of our practice, on deep industry knowledge, and on our 'one team' global approach.  Formed through the combination of two top international law firms, Hogan Lovells has over 40 offices in the Americas, Asia-Pacific, Europe, the Middle East and Africa.  With a presence in the world's major financial and commercial markets, we are well placed to provide excellent business-oriented advice to our clients locally and internationally.  Our people are the key to our success, which is why we seek to recruit and retain the most talented individuals in all regions of our global practice.

 

Department Description

 

The Hogan Lovells finance function which reports to the CFO, comprises around 350 staff, around 65 of whom are in London.  The Function has four key areas of responsibility:

  • Transaction processing

  • Reporting

  • Control

  • Decision Support

 

Role Overview

 

The Firm has a team of business partners who provide financial advice and support to the practice management teams.  This is a role that will support those business partners and Head of Financial Analysis and Reporting with the aim of delivering financial information, analysis and advice that will make a genuine difference to decision making and financial performance. 

This role will be broad and involve working with colleagues globally. There are a number of regular reporting requirements but it is anticipated that the role will involve a lot of ad hoc analysis.

 

Key Responsibilities / Accountabilities

  • Assist the business partners to become a trusted business partner to the business.

  • Production and review of monthly management reports covering Practice Group and Practice Area performance to ensure that information and interpretation is presented in a readily comprehensible and appropriate format for the audience and business purpose.

  • Perform financial analysis (Key profit drivers, trend analysis, commercial drivers) which includes the writing and delivery of commentaries to management teams and the creation of PowerPoint presentations to support regular regional or practice group meetings as well as partner conferences as required

  • First line support to clients within the Focus 50 initiative, ensuring that the strategy, plans and structures are in place and aligned to the initiative's goals.

  • Analyse and interpret large volumes of data to show trends and support business cases, which may include scenario modelling.

  • Provide support to the Head of Financial Reporting and Analytics manager whose role is more reporting focused.  This might include involvement in:

  • Quarterly accounts process

  • Regular monthly management reporting

  • Calculation of client, matter and partner profitability

  • Improving our existing reporting across all channels (excel based and online reporting – we work closely with our systems team who maintain our online reporting)

  • Potential involvement various projects such as implementation of financial dashboard reporting dashboards, review of current procedures and standardising reporting amongst others

  • Work closely with the team to support various annual Firm-wide processes such as:

  • Business planning

  • Budgeting.

  • Partner promotion processes including supplying information to support individual partner nominations as well as summaries for the IMC

  • Provision of reporting to clients and benchmarking agencies

  • Ad-hoc analysis as required covering a wide range of topics and support on various projects.

  • All members of the firm participate in our Responsible Business program

 

Person Specification

 

Qualifications And Training

  • The candidate is likely to be a qualified accountant with ACA, ACCA, CIMA or equivalent. 

  • A very strong working knowledge of Microsoft Excel, including pivot tables and standard excel formulae

  • Working knowledge of PowerPoint

  • Experience with a dashboard tool such as MS powerBi would be useful, but not essential

 

General Attributes

  • The position requires the candidate to have a hands-on approach. A sound understanding of our systems will need to be developed.

  • The candidate will be seeking a challenging role with scope to expand their impact and influence.

  • The candidate must demonstrate experience of analytical review, a high degree of accuracy and delivering results in a deadline driven environment

  • The candidate must be able to deal with managers at a senior level and partners both in and outside the UK when required.  The candidate must be pleasant, approachable and diplomatic but yet persuasive.

  • The candidate must have experience of analysing information and having an enquiring mind so that they are prepared to extract and understand the details behind a number when necessary.

  • Sound experience on regular managing reporting and working to tight deadlines under pressure

  • The individual must be pro-active and continually be looking to add value to the areas of work assigned to them.

  • The successful candidate will be able to prioritise and plan their own work with minimum supervision - a proven ability to plan ahead is essential.