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Our client, a highly regarded law firm with a strong reputation for delivering exceptional legal services, is seeking an experienced and skilled Financial Controller to join their leadership team. Known for their commitment to excellence and innovation, the firm offers a dynamic environment for professionals looking to make a significant impact.
Role Overview:Reporting directly to the board of directors, the Financial Controller will play a vital role in overseeing the firm’s financial strategy, ensuring compliance with regulatory requirements, and managing key administrative functions to support operational efficiency and long-term success.
Key Responsibilities:
Finance and Accounts:• Preparing monthly management accounts, cash flow forecasts, VAT returns, payroll, and PAYE.• Developing and monitoring budgets, annual accounts, and corporation tax returns.• Managing cash flow and overseeing the firm’s financial operations to ensure stability and efficiency.• Producing financial management reports, including key performance indicators (KPIs) and performance metrics.• Supervising the Accounts Department, including accounting systems, billing, credit control, and client balance management.• Liaising with auditors and financial institutions to ensure compliance with Solicitors’ Accounts Rules (SAR) and other regulatory requirements.• Acting as Deputy COFA, supporting the firm’s Compliance Officer for Finance and Administration.
Practice Administration:• Reviewing and managing supplier contracts to ensure cost-efficiency and value for money.• Overseeing the renewal of insurance policies, regulatory subscriptions, and practising certificates.• Arranging loans and finance agreements, including comparing options and managing associated paperwork.
Requirements:• A minimum of 5 years of experience in a senior finance and administration role within a law firm.• Comprehensive knowledge of financial management, legal finance and cashiering, Solicitors’ Accounts Rules, and regulatory compliance.• Strong commercial awareness and exceptional interpersonal skills.• A recognised accounting qualification (e.g., ACCA, ACA, or CIMA).• Advanced IT skills, including proficiency in MS Office.
