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Legal Practice Finance Manager

Douglas Scott Legal Recruitment
Posted 8 days ago, valid for 18 days
Location

Bedford, Bedfordshire MK40 4LU, England

Salary

£55,000 - £66,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position available is for a Legal Practice Finance Manager in Bedford, offering a salary of up to £65,000.
  • The ideal candidate should have previous relevant experience in a legal setting and a comprehensive understanding of Solicitor Accounts Rules.
  • Key responsibilities include managing the finance department, ensuring regulatory compliance, and supporting the firm's marketing efforts.
  • The role requires strong IT skills, experience with case management systems, and the ability to handle confidential information discreetly.
  • The firm offers a hybrid working option, 25 days of holiday plus bank holidays, and a range of competitive benefits.
LEGAL PRACTICE FINANCE MANAGERBEDFORDUPTO £65,000 Douglas Scott are on the look out for an excellent and proactive and self-motivated Legal Practice Finance Manager to join a leading client at their office in Bedford. If you are looking for an opportunity to work within a supportive, ambitious, growing and energetic team, and would like to join an award-winning professional law firm, we would like to hear from you. This role is perfect for a Legal Practice Manager who is looking for their next exciting opportunity. The role will be reporting to the firms Board of Directors & CEO, and the successful Practice Manager will handle adiverse and challenging workload to facilitate the delivery of the practices’ legal services. The Role:
  • Management of the finance department and various departments
  • Day-to-day and annual responsibility for the firms’ accounts; advice on regulatory compliance including SRA, AML and SAR’s
  • Organisation of the firm’s insurance, accreditations and practising certificate renewals
  • Attending Board meetings
  • Negotiating with third party suppliers and developing organisational and performance systems
  • Legal accounts manager/cashier experience and familiarity with Solicitors Accounts Rules
  • Change and project management
  • Ensure the office environment is professional, efficient, and productive by proactively finding solutions
  • Lexcel applications and reaccreditation
  • Drafting, reviewing and updating our various policies in collaboration with others as and when required and in line with Lexcel, CQS and SRA guidelines
  • Support the firm’s marketing efforts, including managing social media accounts, website updates, online reviews, and promotional materials
  • Prepare and provide information to the firm’s accountants for annual SAR’s audit and year end accounts
  • Monitor financial performance and provide regular reports to the management team
  • VAT returns / Corporation Tax instalments / Payroll supervision and NI/Tax payments due to HMRC
  • Maintain/update staff benefits scheme
  • CQS applications
  • Practising certificate bulk renewal application
  • PII renewal
  • Cyber Insurance renewal
  • Supervision of accounts team, reception staff/post room
  • Team appraisals
  • Provide support to staff in relation to software/systems including P4W, Bundledocs, Legl ID checks, PeopleHR, Formshare etc.
  • Proactively identifying and mitigating potential risks including GDPR, accounts breaches etc.
 The Candidate:
  • Previous relevant experience within a legal setting in a similar role
  • A comprehensive understanding of the Solicitor Accounts Rules and an overview of the general obligations of the SRA Handbook
  • Has experience with COFA and COLP duties and responsibilities
  • Ability to handle confidential information with discretion
  • Previous experience with drafting policies and procedures
  • Excellent verbal and written communication skills
  • Ability to collaborate with colleagues and with outside organisations
  • The ability to adhere to and manage deadlines with minimal supervision
  • Strong IT skills and previous experience with case management systems (P4W experience would be highly beneficial)
  • This is a hands-on role suited to a dedicated professional who thrives under pressure and would like to become an integral part of the continued success of the company.
 The firm are offering a hybrid working option, 25 days holiday plus bank holidays, and a range of competitive benefits. If you are an experienced motivated Legal Practice Finance Manager, based in or near Bedford, please get in touch for confidential consideration or send your CV to .

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.