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- Tasks: Manage daily operations of the legal Accounts Team and produce financial reports.
- Company: Join a prominent law firm in Essex known for its dedicated team and growth opportunities.
- Benefits: Enjoy a collaborative work environment with opportunities for training and professional development.
- Why this job: Be a key player in the firm's financial success while ensuring compliance with Solicitors Accounts Rules.
- Qualifications: Experience in accounts management and knowledge of financial reporting is essential.
- Other info: Work closely with the Finance Director and contribute to strategic financial planning.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a prominent law firm operating in Essex, is seeking an experienced Accounts Manager to join their dedicated team. This is an exciting opportunity for an accounts professional to play a crucial role in the firm\’s continued growth. Position Overview Working closely with the Finance Director you will play an active role in the day to day running of the accounts department, where you will be responsible for monitoring and analysing accounting data and producing monthly and annual management accounts. This role is essential in ensuring the smooth operation of the firm\’s financial activities and maintaining compliance with the Solicitors Accounts Rules (SAR). Responsibilities Oversee and manage the legal Accounts Team\’s daily operations Monitor and analyse accounting data, producing financial reports Control and reconcile deposit accounts, check bills, and allocate numbers Process payments using Barclays.net and handle incoming CHAPS payments Reconcile client and office accounts, calculate interest and manage ledgers Liaise with Accountants on SAR Audit and Management Accounts Prepare monthly management reports and fee-earner information packs Manage team workloads, ensure compliance, and provide training Collaborate on budgets, cashflow forecasting, and bonus calculations Prepare information for outsourced payroll
Accounts Manager employer: BranWell Ford Associates
Contact Detail:
BranWell Ford Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounts Manager
✨Tip Number 1
Familiarize yourself with the Solicitors Accounts Rules (SAR) as they are crucial for this role. Understanding these regulations will not only help you in your day-to-day tasks but also demonstrate your commitment to compliance during the interview.
✨Tip Number 2
Highlight your experience with financial reporting and analysis. Be prepared to discuss specific examples of how you've monitored and analyzed accounting data in previous roles, as this will show your capability to produce the required monthly and annual management accounts.
✨Tip Number 3
Showcase your leadership skills by discussing any experience you have in managing teams or training staff. This is important since you'll be overseeing the legal Accounts Team's daily operations and ensuring compliance.
✨Tip Number 4
Prepare to discuss your familiarity with payment processing systems like Barclays.net. Being able to talk about your hands-on experience with such tools will give you an edge in demonstrating your technical proficiency for the role.
We think you need these skills to ace Accounts Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Accounts Manager position. Understand the key responsibilities and required skills, such as monitoring accounting data and compliance with Solicitors Accounts Rules (SAR).
Tailor Your CV: Customize your CV to highlight relevant experience in accounts management, particularly in a legal or professional services environment. Emphasize your ability to produce financial reports and manage teams.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the firm. Mention specific experiences that demonstrate your expertise in managing accounts and your familiarity with compliance regulations.
Highlight Team Collaboration Skills: In your application, emphasize your experience in collaborating with finance teams and accountants. Discuss how you have successfully managed workloads and provided training to team members in previous roles.
How to prepare for a job interview at BranWell Ford Associates
✨Understand the Role and Responsibilities
Make sure you thoroughly understand the key responsibilities of the Accounts Manager position. Familiarize yourself with the Solicitors Accounts Rules (SAR) and be prepared to discuss how your experience aligns with the daily operations of an accounts department.
✨Showcase Your Analytical Skills
Since the role involves monitoring and analyzing accounting data, be ready to provide examples of how you've successfully managed financial reports in the past. Highlight any specific tools or software you’ve used to produce management accounts.
✨Demonstrate Team Leadership Experience
As you'll be overseeing the legal Accounts Team, share your experiences in managing teams, ensuring compliance, and providing training. Discuss how you motivate your team and handle workloads effectively.
✨Prepare for Technical Questions
Expect questions related to payment processing, account reconciliation, and financial reporting. Brush up on your knowledge of Barclays.net and other relevant financial systems to confidently answer technical queries during the interview.
