Totum Partners is working with a long-established Gloucestershire Law firm to recruit a Head of Accounts/Finance Manager. This role will be suitable for candidates with 5+ years' experience working in a Law firm and strong knowledge of SRA Accounts Rules compliance.
Head of Accounts/Finance Manager Opportunity with Established Law Firm
Competitive salary, benefits package and flexible working
Head of Accounts Responsibilities:
- Oversee client accounts, reconciliations and compliance with the SRA Accounts Rules, working closely with the COFA and external reporting accountants.
- Prepare monthly management information, analysing performance, WIP, lock-up, debtors and cash flow, and providing clear financial insight to the partners and CFO.
- Support budgets, forecasts, cash-flow planning and financial modelling, helping senior management make informed commercial decisions.
- Manage billing, credit control, purchase ledger, payroll, VAT, disbursements and other core accounting processes.
- Supervise and develop a small accounts team, ensuring high standards, appropriate cover and effective day-to-day processes.
- Help to develop finance processes and controls, with an important role in the firm's forthcoming transition to a new practice management/accounts system.
- Maintain strong financial controls, payment security and fraud prevention processes, with particular awareness of the risks facing law firms.
- Act as a trusted point of contact for partners, directors, the COFA, CFO, external accountants and banking contacts, with the judgement to identify issues and escalate appropriately.
Experience:
- APPLICANTS MUST BE CURRENLTY WORKING IN A LAW FIRM.
- Strong practical knowledge of the SRA Accounts Rules and client money requirements.
- Confident communicating financial information to Partners and other non-financial colleagues and senior stakeholders.
- Previous experience leading or supervising a legal accounts/cashiering team is highly desirable.
- Good knowledge of VAT within legal services and associated disbursement issues.