Divisional Business Manager – Projects & Real Estate (EMEA/US)

Location: United Kingdom
Job Type: Full time
Salary:
Job Title   Divisional Business Manager – Projects & Real Estate (EMEA/US)
 
Location   London
 
Description

Financial Management

Divisional  Business Manager  Projects and Real Estate (EMEA/US)

September 2018

About Ashurst:

Ashurst is a leading global law firm with a history spanning almost 200 years, and clear strategy for our future growth. Our in-depth understanding of our clients and commitment to providing exceptional standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law. To find out more please visit here

In order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. When applicants accept a job offer, Ashurst, alongside a specialist provider, will undertake professional verification and background checks.  These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations

Business Area – Financial Management

Role: Divisional Business Manager – Projects & Real Estate (EMEA/US)  

Location: London

Reporting to: Head of Commercial Finance

Hours of work - Monday to Friday, 9:30 - 5:30, with flexibility around these times to meet deadlines and requirements of the role. 

Department/ Role Overview:

The Divisional Business Manager will work with, and support, the Projects and Real Estate (PRE) Division Head (DH) and PRE Practice Heads (PHs) to implement firm and divisional strategy and to ensure the efficient operational management of the global division.

Will assume day to day responsibility for the financial performance of the division, focusing primarily on the EMEA and US region and working closely with the Asia Pacific based Business Manager for PRE.

Main responsibilities:

  • Maximising financial performance, efficiency and financial discipline;
  • Client and matter pricing and profitability management;
  • Divisional profit and loss account management; and
  • Divisional planning, budgets and forecasting.

Structure and scope

A member of the global finance team, reporting to the Head of Commercial Finance

Primary focus to work with, and support, the DH in driving financial performance

Work closely with Business Managers to ensure consistency of implementation across practices and regions

Strategy

Work together with the Division, Financial and Central management teams to implement firm strategy initiatives

Work with the DH and PHs to develop and introduce Division and practice specific strategic plans

Cyclical processes

Primarily responsible for the division's input into the firm's annual budgeting and financial planning processes

Client pricing and profitability

Provide advice on fee proposals and pitches working closely with partners, Commercial Finance and Business Development teams

Create upfront financial plans for specific legal projects, including consideration of alternative pricing structures, service levels and resourcing requirements

Monitor fee arrangements post matter inception, challenge recovery rates and assess resourcing compared to the financial plan

Financial management

Monitor financial performance across the division and advise DHs/PHs on operational issues affecting financial performance

Monitor activity levels and advise the DH/PHs of over or under capacity in different areas of the business

Oversee working capital exposure, working with DH and PHs and the central Financial Management team to ensure that lock-up is being managed in accordance with targets, including a particular focus on ensuring that large or old balances are being properly addressed

Attend Division/practice partner meetings and ensure follow-up of agreed actions

Work with HR team to support recruitment activity, ensuring hiring needs are justified

Ensure proactive and effective internal communications across all groups in the Division

Any other ad hoc duties and support as required by the DH or PHs

Global policies and procedures

Ensure that global policies and procedures are being followed and implemented within the Division  

Risk and Control: Ensure that all activities and duties are carried out in full compliance with our regulatory requires and internal policies.

Essential skills and experience:

  • Professional business qualification e.g. ACA, ACCA or MBA.
  • Strong commercial financial background.
  • A proven track record of delivering quality analysis, solutions and advice at senior management level.
  • Strong communication skills – written, verbal and presentational.
  • Strong interpersonal and influencing skills.
  • Experience in professional services environment, and business partnering in particular, desirable.

Our Culture is shaped by our core values of Collaboration, Excellence, Innovation, Integrity and Accountability.  They guide how we relate with each other, our clients, our behaviour.

 

 *LI 

 
 
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