Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- 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 of £60,000+ and opportunities for career progression.
- Why this job: Perfect for those seeking autonomy and growth in a dynamic legal environment.
- Qualifications: Solid experience in law firm finance and strong communication skills required.
- Other info: Ideal for senior legal cashiers ready to step into management.
The predicted salary is between 48000 - 72000 £ per year.
Finance / Practice Manager / McKinlay Law
Finance / Practice Manager
Location: London
Salary: £60,000+ negotiable
Type: Permanent
Posted: 15/09/2021
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 endeavour to contact all successful candidates within 24 hours. However, due to the volume of applications that 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.
#J-18808-Ljbffr
Finance / Practice Manager employer: McKinlay Law
Contact Detail:
McKinlay Law Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance / Practice Manager
✨Tip Number 1
Make sure to highlight your experience in managing finances within a law firm. Use specific examples of banking reconciliations or preparing management accounts to showcase your expertise.
✨Tip Number 2
Demonstrate your leadership skills by discussing any previous roles where you managed teams or projects. This will show that you are ready for the responsibilities of a practice manager.
✨Tip Number 3
Familiarize yourself with the specific compliance rules and regulations relevant to law firms. Being knowledgeable in this area will set you apart as a candidate who understands the industry's requirements.
✨Tip Number 4
Network with professionals in the legal finance sector. Attend industry events or join relevant online groups to connect with others and learn about potential job openings.
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. Emphasize your skills in banking reconciliations, management accounts, and compliance.
Craft a Strong Cover Letter: Write a cover letter that showcases your leadership abilities and communication skills. Mention specific examples of how you've successfully managed financial operations or led teams in previous roles.
Highlight Relevant Qualifications: If you have any certifications or qualifications related to finance or law, be sure to include them. This could set you apart from other candidates and demonstrate your commitment to the field.
Follow Up: After submitting your application, consider sending a brief follow-up email to express your continued interest in the position. This can help keep your application top of mind for the hiring team.
How to prepare for a job interview at McKinlay Law
✨Showcase Your Financial Expertise
Be prepared to discuss your experience with banking reconciliations, management accounts, and statutory submissions. Highlight specific examples from your previous roles that demonstrate your proficiency in these areas.
✨Demonstrate Leadership Skills
Since this role involves managing various aspects of the firm, be ready to share instances where you successfully led a team or managed projects. Emphasize your communication skills and how you've fostered collaboration in past positions.
✨Understand the Firm's Culture
Research McKinlay Law and understand their values and work environment. Be prepared to discuss how your personal values align with theirs and how you can contribute positively to their culture.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, anticipate questions related to office administration and compliance rules. Be ready to explain how you ensure adherence to regulations in your previous roles.
