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- Tasks: Manage finances, HR, marketing, IT, and facilities for a leading law firm.
- Company: Join McKinlay Law, a top boutique law firm in London.
- Benefits: Enjoy a competitive salary, career progression, and a supportive work environment.
- Why this job: Perfect for those seeking autonomy and growth in a dynamic legal setting.
- Qualifications: Experience in law firm finance and strong communication skills are essential.
- Other info: Ideal for senior legal cashiers ready to step into management.
The predicted salary is between 48000 - 72000 £ per year.
We are no longer accepting CVs for this position. Applications for this role have now closed. If you have the relevant experience for this position, we may have similar roles now or in the future. If you would like to submit your CV on a general basis, please follow the link below:
Established, leading boutique law firm are looking for a finance / practice manager to deal with all aspects of the firm\’s accounts as well as take charge of the day-to-day running of the firm to include HR, marketing, IT and facilities management.
A selection of duties will include:
Banking reconciliations (client, trust and office accounts)
Preparing management accounts including budget
All Statutory tax, VAT, PAYE and NI, Monthly and Yearly submissions. Helping with Partners tax and annual corporation tax
SRA and LLP audit
Credit control
Yearly / weekly cash flow, budgets, and management reports
Assisting the COFA
Updating the purchase ledger
Overseeing the billing and invoicing process – draft billing final authorization of billing for fee earners, including disbursements and payments to third party vendors
Data recording and analysis
Managing the monthly payroll
Organising, managing and arranging events
New starter and leaving onboarding
Recruitment
Ensuring general office administration is up to date and that fee earners follow compliance rules
A solid track record in law firm finance with first‐class communication and leadership skills are essential. This role could be ideal for a senior legal cashier looking to take on / move into a management role. Excellent environment and a fantastic opportunity for someone looking to progress their career in an autonomous role.
McKinlay Law endeavours to contact all successful candidates within 24 hours. However, due to the volume of applications we receive, we are not able to respond to every candidate individually. If you have not heard from us within 24 hours your application has been unsuccessful and we have not retained your details.
Where we are? McKinlay Recruitment Services Ltd.,
26-27 Bedford Square,
London, United Kingdom,
WC1B 3HP
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Contact Detail:
McKinlay Law Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance / Practice Manager
✨Tip Number 1
Network with professionals in the legal finance sector. Attend industry events or join relevant online forums to connect with individuals who may have insights or leads on the role you're interested in.
✨Tip Number 2
Research McKinlay Law and understand their values, culture, and recent developments. Tailoring your approach to align with their ethos can make a significant difference during informal discussions or interviews.
✨Tip Number 3
Prepare to discuss your experience in managing finances within a law firm context. Be ready to share specific examples of how you've handled tasks similar to those listed in the job description, such as banking reconciliations and payroll management.
✨Tip Number 4
Showcase your leadership skills by discussing any previous management experiences. Highlight how you’ve successfully led teams or projects, as this role requires strong communication and leadership abilities.
We think you need these skills to ace Finance / Practice Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and management, particularly within a law firm context. Emphasise your skills in banking reconciliations, management accounts, and compliance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the firm. Mention specific experiences that demonstrate your leadership skills and ability to manage various aspects of a law firm.
Highlight Relevant Skills: In your application, clearly outline your skills in financial management, HR, marketing, and IT. Use examples from your past roles to illustrate how you have successfully managed these areas.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance/practice manager role.
How to prepare for a job interview at McKinlay Law
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with banking reconciliations, management accounts, and statutory submissions. Highlight specific examples where you've successfully managed finances in a law firm setting.
✨Demonstrate Leadership Skills
Since this role involves overseeing various departments, be ready to share instances where you've led teams or projects. Discuss your approach to managing HR, marketing, and IT functions effectively.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Think of scenarios related to cash flow management or compliance issues and how you would handle them. This will show your critical thinking skills.
✨Research McKinlay Law
Familiarise yourself with the firm's values, culture, and recent developments. Being knowledgeable about the company will demonstrate your genuine interest in the position and help you tailor your responses.
