Management Accountant

Term: Permanent
Working hours: Full-time
Department: Finance
Location: Basingstoke
Company background

Penningtons Manches Cooper is a leading UK and international law firm which provides high quality legal advice tailored to both businesses and individuals. We address the specific objectives of each client through our flair and technical expertise and offer a personal service founded on a strong team ethic.

Today, we have UK offices in the City of London, Basingstoke, BirminghamCambridge, Guildford, Oxford and Reading while our growing overseas network stretches from Asia to America through our presence in Singapore, Piraeus, Paris, Madrid, Sao Paulo and San Francisco. With 141 partners and over 850 people in total, our main areas of practice are dispute resolution, corporate and commercial, real estate, private client and family.

We have established a strong reputation in a variety of sectors, particularly private wealth, shipping, technology and property. Our lawyers are also recognised for their expertise in life sciences, education, retail, sports and entertainment and international trade. In these areas, we're acknowledged for our unparalleled market insight.

By joining forces with the partners and staff of Thomas Cooper in July 2019, we have added significant depth to our core practice. The move builds on the expansion of our litigation and arbitration offering and has introduced us to the maritime community in which Thomas Cooper has long been a key player.

Our continuing commitment to excellence is backed by a track record which dates back nearly 300 years. We pay great attention to matching your requirements with the right skills, delivered cost effectively and within the appropriate timescale.

Among our clients we count multi-national corporations, public companies, professional partnerships, banks and financial institutions as well as private individuals, owner managed businesses and start-ups. We are conscious that our culture and close working relationships are vital assets and we are determined to maintain these as we increase in size. 

Our broad international focus is supported by well-established links with law firms throughout the world. Penningtons Manches Cooper is a member of Multilaw and the European Law Group, networks with representatives in over 100 countries, and many of our lawyers play leading roles in various international bodies.

Summary of role

To be part of Finance team responsible for book keeping and financial reporting activities of the Firm. Working closely with AP team and other members of the Finance, providing an excellent service to clients, contacts and staff. Take ownership of the month end close process of the Firm to ensure all deadlines are met.


Main responsibilities

  • Production of accurate and timely monthly Management Accounts including all balance sheet reconciliations and profit and loss schedules including monthly KPI reporting
  • Production of accurate and timely monthly Divisional Accounts
  • Continuous management of Accruals, Prepayments, Intercompany, Bank and Fixed Assets
  • Working closely with AP team and Assistant Accountant to maintain the accuracy of invoice coding into Elite, ensuring polices such as Fixed Asset classification are followed and overseeing timely and accurate submission of Indirect cost reporting
  • Daily update of cashflows including forecasting for future expected payments and receipts
  • Responsibility for setting up payments and bank transfers as and when required
  • Daily bank reconciliations in Elite
  • Responsible for Credit Card reconciliations including follow up on queries
  • Accurate and timely postings to current accounts, drawings, taxation and capital accounts in Elite and maintenance of associated schedules.
  • Completion of year end audit files and year end liaison with external auditors
  • Responsibility for completion of Statistical reporting as and when required
  • Work in progress review and the preparation of monthly, quarterly and annual valuations including liaison with fee earners and partners as appropriate
  • Involvement in production of the quarterly VAT return including the ESL quarterly submission and dealing with adhoc VAT queries for the Firm
  • To oversee the distribution of monthly reports including UBTC, unpaid bills, WIP and All Matter Balances
  • To undertake any specific training when required to do so and overall having a responsibility towards self-development
  • Assisting within the department or any other duties as reasonably required           


Essential and desirable criteria
  • ACCA/ACA qualified

  • Accurate, highly organised, hands on individual who is able to work with limited supervision

  • Good Team player who is able to communicate at all levels

  • Proficiency in Excel

  • Ability to prioritise and work to tight deadlines

  • ‘Can do’ attitude

  • Excellent attention to detail