Head Of Partner Finance | Business Intelligence And Data Management Projects
Australia, Au
An international law firm, headquartered in Australia and regarded as one of the Asia-Pacific's premier law firms. Reporting to the CFO and COO, I provided direct support to CEO and Chairman of the Board, and had strategic input, positioning the Firm with accurate business insights to inform key decision-making around Partnership management. I was accountable for key projects and all Partner payments and profit distributions, including budgeting, forecasting, analysis and reporting of all Partner related financial matters. Commencing this role after the appointment of a new CEO, the first key challenge was to contribute to management collaboration and a shared view for the Firm devolving from a state based silo structure. The aim was to introduce best practice analysis, systems, automation and reporting to provide an accurate overview of key aspects of the Firm’s financial performance.My key contributions included: ✓ Delivering a single source of truth with a Partner history database enabling timely, accurate and flexible reporting of all Partner related data ✓ Assisting in a securing a positive outcome with negotiations with the ATO leading to the Firm becoming one of the first law firms in Australia to agree on valuation outcomes with the ATO for Everett assignments ✓ Improving the Firm’s long term financial position with input into the reengineering of Partner remuneration system, developing financial modelling which supported transition and retirement for long tenured Partners ✓ Increasing efficiency of revenue recognition, developing missing timesheet reporting for business units and individual fee earners and reports on individual Partner’s performance ✓ Introducing a bulk e-mail tool to streamline communication and improve credit control✓ Supporting the Firm’s negotiation with the Queensland Office of State Revenue for determining methodology on calculating Stamp Duty liability, developing accurate and robust financial modelling