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For Companies At a Glance
- Tasks: Lead the Finance and Admin function, managing accounts, budgets, and audits.
- 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 strong IT integration.
- Qualifications: Qualified Accountant with experience in professional services and strong IT skills required.
- Other info: Directly manage accounting staff and ensure compliance with health and safety regulations.
The predicted salary is between 72000 - 108000 £ 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 met
Ideally you will have a background working for a professional services firm and have a strong IT skills. This is an excellent opportunity to join an organisation with an excellent reputation, be part of their management team and contribute toward to future of the firm#J-18808-Ljbffr
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 within a professional services firm. This will show that you understand the unique challenges and requirements of the role.
✨Tip Number 2
Demonstrate your strong IT skills by discussing any relevant software or systems you've used in previous roles. Familiarity with accounting software can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your approach to improving accounting systems and processes. Be ready to share specific examples of how you've implemented changes that led to better efficiency or accuracy in financial reporting.
✨Tip Number 4
Show your understanding of the importance of compliance and legal obligations, particularly in relation to Health & Safety and insurance matters. This knowledge is crucial for the role and will demonstrate your readiness to take on these responsibilities.
We think you need these skills to ace Head of Finance & Admin
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance and administration, particularly in a professional services environment. Emphasize your qualifications as a Qualified Accountant and any relevant IT skills.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the responsibilities listed in the job description. Discuss your experience with accounting systems, budget management, and your ability to improve processes.
Showcase Leadership Experience: Since this role involves managing staff and reporting to the Management board, be sure to include examples of your leadership experience and how you've successfully managed teams in the past.
Highlight Relevant Achievements: Include specific achievements that demonstrate your ability to manage financial functions effectively. This could be successful audits, improved cash flow management, or enhanced reporting processes.
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, particularly in a professional services environment, and how you handle performance management.
✨Prepare for Financial Reporting Questions
Expect questions about preparing statutory accounts and financial reports. Brush up on your knowledge of profit sharing, distributions, and reserve calculations, and be ready to discuss your approach to these tasks.
✨Understand the Firm's Culture and Values
Research the firm’s reputation and values before the interview. Be ready to explain how your personal values align with theirs and how you can contribute to their future success.
