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