On an exclusive basis, greenwellgleeson are recruiting for a Financial Reporting & Controls Manager to work with a rapidly growing, Private Equity backed Law Firm based in Wolverhampton.
Duties of the role will include:
• To prepare consolidated and entity level financial statements in compliance with accounting standards (UK GAAP) and Solicitors Accounts Rules
• To manage month end reporting activities, including balance sheet account reconciliations and cash flow analysis
• To oversee operational management of purchase ledger, fixed assets register, Payroll and VAT, PAYE, corporation tax control accounts
• To oversee cash management including handling of client funds, cash flow modelling and net working capital optimisation
• To use technical understanding of accounting principles to develop financial policies, strengthen controls, enhance governance practices, drive improvements in financial reporting processes
• To develop a financial risk and controls framework to improve identification, monitoring and reporting of financial risks and controls effectiveness
• To oversee and control the centralised accounting system to ensure that accounts and general ledger are effectively managed
• To coordinate corporation tax compliance with tax advisers and to prepare quarterly VAT return
• To manage debt covenant reporting including preparation of quarterly compliance certificates
• To coordinate and manage the external audit and Solicitors Regulation Authority accountants report
• To ensure the firm is fully compliant with Solicitors Accounts Rules
• To support preparation of accounting papers for the group’s Audit Committee
• To support the planning and integration of acquisitions into the finance environment
• To collaborate with finance colleagues and key stakeholders to promote a culture of compliance and transparency
• To evaluate procedures and technology solutions to improve the management of the finance function
• To recruit, train, supervise, develop and manage finance department staff
Skills, Requirements, Qualifications
• Associated finance qualification essential
• Could be a first mover from practice or a second mover
• 5+ years of experience in practice or legal services business
• Excellent technical knowledge of accounting standards and principles (FRS 102)
• Knowledge of Solicitors Accounts Rules beneficial
• Preparation of consolidated financial statements
• Experience of merger and acquisitions planning and integration beneficial
• Coordination and management of external audit
• Experience of managing & monitoring financial risks, controls & compliance reporting
• Experience in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.
• Proficient with Microsoft applications
Company Benefits:
Pension 5% employer, 3% employee , hybrid working, BUPA, 30 days holiday + BH
Experience Required: Qualified ACA/ ACCA with 3-5 years PQE
