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For Companies At a Glance
- Tasks: Lead finance and admin functions, improve accounting systems, and manage budgets.
- Company: Join a highly regarded professional services firm in London with a stellar reputation.
- Benefits: Be part of a management team and influence the firm's future.
- Why this job: Great opportunity to enhance your skills in a dynamic environment with a focus on professional growth.
- Qualifications: Qualified Accountant with experience in professional services and strong IT skills required.
- Other info: Directly report to the Management board and oversee a dedicated accounting team.
The predicted salary is between 72000 - 100000 £ per year.
This highly regarded professional services firm based in London seeks a Qualified Accountant to run and manage its Finance and Administration function. Reporting to the Management board, duties will include:
- Review and evaluate the Firm’s accounting systems, processes and controls and recommend improvements.
- Managing production of Practice accounts, annual budget, cash flow, performance statistics, work in progress control and bad debt provision.
- Prepare statutory accounts for 3 companies and arrange and co-ordinate audit as required.
- Manage end of quarter billing process and report to partners.
- Preparing papers and financial reports for the Board including: profit sharing, distributions, calculation of reserves.
- Maintain Treasury function to optimise interest return and liaise with bank contacts.
- Manage credit control function, debtor collection and fee disputes.
- Manage financial aspects relating to retired Partners.
- Direct line responsibility for the performance of the practice accounting staff and credit control staff.
- Contractual matters, including insurance, professional indemnity insurance and equipment hire or finance agreements.
- Manage relationship with outsourced IT provider and maintenance company.
- Responsible for the Firm’s Health & Safety ensuring that all legal obligations are met.
Ideally you will have a background working for a professional services firm and have strong IT skills. This is an excellent opportunity to join an organisation with an excellent reputation, be part of their management team and contribute towards the future of the firm.
Head of Finance & Admin employer: Financial Staffing Solutions
Contact Detail:
Financial Staffing Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance & Admin
✨Tip Number 1
Make sure to highlight your experience in managing finance and administration functions, especially in a professional services environment. This will show that you understand the unique challenges and requirements of the role.
✨Tip Number 2
Familiarize yourself with the latest accounting systems and software that are commonly used in the industry. Being able to discuss these tools during the interview will demonstrate your technical proficiency and readiness for the role.
✨Tip Number 3
Prepare to discuss your approach to financial reporting and how you ensure accuracy and compliance. Providing specific examples of past successes can help illustrate your capabilities to the management board.
✨Tip Number 4
Network with professionals in the finance sector, particularly those who have experience in professional services firms. They may provide valuable insights or even referrals that could enhance your application.
We think you need these skills to ace Head of Finance & Admin
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Head of Finance & Admin position. Tailor your application to highlight your relevant experience in managing finance functions and your familiarity with professional services firms.
Highlight Relevant Experience: In your CV and cover letter, emphasize your qualifications as a Qualified Accountant and any previous roles where you managed accounting systems, budgets, or financial reporting. Use specific examples to demonstrate your expertise in these areas.
Showcase IT Skills: Since strong IT skills are essential for this role, make sure to mention any relevant software or tools you are proficient in. This could include accounting software, data analysis tools, or any other technology that supports financial management.
Prepare a Strong Cover Letter: Craft a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the firm. Discuss how your background aligns with their needs and how you can contribute to the firm's future success.
How to prepare for a job interview at Financial Staffing Solutions
✨Showcase Your Accounting Expertise
Make sure to highlight your qualifications and experience as a Qualified Accountant. Be prepared to discuss specific accounting systems and processes you've worked with, and how you've improved them in previous roles.
✨Demonstrate Leadership Skills
As the Head of Finance & Admin, you'll be managing a team. Share examples of how you've successfully led teams in the past, focusing on your ability to motivate staff and manage performance effectively.
✨Prepare for Financial Reporting Questions
Expect questions about preparing statutory accounts and financial reports. Brush up on your knowledge of profit sharing, distributions, and reserves calculation, as these are crucial aspects of the role.
✨Understand the Firm's Culture and Values
Research the firm’s reputation and values before the interview. Be ready to discuss how your personal values align with theirs and how you can contribute to their future success.
