.Head of Finance - MadridMadridMadrid, Community of Madrid, ESNEW Head of Finance position available at global law firm to head up their Southern European regions, which would cover Madrid, Barcelona, Milan & Rome.My client is focusing their search in Madrid as this is the largest of the four offices and the revenue for the Southern Europe region is c. 150million.
As the Head of Finance, you would have c. 30 people underneath you with a few direct reports.Specific duties include:Manage the financial planning, reporting, and analysis for the region, ensuring compliance with global and local standards and regulationsPrepare and present monthly, quarterly, and annual financial statements and reports to local management highlighting key performance indicators, variances, and trendsAnalyse and monitor the financial performance and profitability of the region, identifying risks and opportunities, and providing recommendations for improvementProvide strategic financial advice and guidance to the local leadership teams, supporting business development and growth initiativesConduct financial modelling and scenario analysis to support decision making and investment proposalsOversee the budgeting, forecasting, and performance management processes, ensuring alignment with the firm's objectives and targetsCoordinate and consolidate the annual budget and quarterly forecasts for the region, and communicate them to the regional finance leadershipEstablish and monitor the key performance metrics and financial targets for the region, and provide regular feedback and coaching to the finance team and the business leadersManage the Firm's lock up to targeted levels and ensure an efficient cash conversion cycleManage billing and collections to their monthly phased targets, liaising with fee earners, business professional colleagues and clients as appropriateEnsure the regional billing and collections teams are utilising all relevant systems and tools to their maximum potentialLead and develop a team of finance professionals across the region, fostering a culture of collaboration, excellence, and innovationFacilitate the annual performance review and compensation process for the finance team, and provide input and feedback to the regional leadership teamIdentify and implement best practices and benchmarks for the finance function, and ensure alignment and consistency with the global finance team and the other regionsExperience/background needed:At least 10 years' experience working in Senior Finance/ Lead role for a law firm experience is essentialExperience managing a regional or multi-country finance functionA bachelor's degree in finance, accounting, or a related field.
A professional qualification such as CPA, CMA, or ACCA or their equivalent would be beneficial