Finance Manager – Law Firm 2 views

Finance Manager – Law Firm

Job Type : Permanent, Full Time

Salary : £40000 – £50000/annum

My client is searching for a Finance Manager to join their law firm in Windsor, Berkshire. Experience of working as a Finance Manager in a law firm is essential.

As Finance Manager you will be responsible for the financial health of the firm, monitoring the day-to-day financial operations, identifying areas for improvement, methods for minimising financial risk and providing insightful information and expectations to senior management to assist with long and short-term strategy and decision making.

Job Specification

• Preparation of the Management Accounts on a monthly basis to an agreed timetable including:
o Profit and Loss
o Balance Sheet
o Cash flow statements
o Variance reports on actual v forecast
o Key Performance Analysis and commentary
• Debt Collection in consultation with Litigation partner
• Maintaining the integrity of the accounting data through to production of trial balance including:
• Client accounts: Resolving ledger queries, Client to Office account transfers in
accordance with Solicitors Accounts Rules
• Banking – physical deposits, tracking online payments, arranging client payments and performing reconciliations (4 main accounts, and a number of client designated accounts)
• Run Fee Earners and New Matters report
• Ensure strict compliance at all times with Solicitors Accounts Rules, logging any breaches and ensuring procedures are amended to prevent future occurrence.
• Prepare and review budgets and forecasts.
• Manage the cash flow position – maintaining reserves for known liabilities and arranging loans for major expenditure
• Deal with quarterly VAT returns
• Month end journals
• Prepare audit file and liaise with auditors over the partnership accounts and the SRA Accountants Report.
• Process payroll for 25 staff including auto enrolment pension
• Attend monthly Partners’ finance meetings – presenting financial report and taking minutes.

Person Specification

• Qualified or Part Qualified Accountant
• Full knowledge of current UK GAAP
• Working knowledge of Case Management Systems and Microsoft Office
• Experience of law practice
• High levels of integrity and accuracy
• Self motivated but also a strong team player
• Strong interpersonal skills, comfortable communicating at all levels

Should you have any questions or wish to apply please do not hesitate to contact Clear Legal Recruitment Limited.

Please Note: Due to the number of applications we receive we may be unable to respond to every application directly. If you have not heard from us within 3 working days, please assume your application has been unsuccessful

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