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For Companies At a Glance
- Tasks: Lead daily operations, ensuring smooth workflows and client satisfaction.
- Company: Reputable accountancy firm in South East London with a focus on growth.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a senior role that shapes the future of the practice and enhances client relationships.
- Qualifications: ACA or ACCA qualified with strong experience in accountancy and management.
- Other info: Fast-paced environment with opportunities for continuous improvement and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
An established and well-regarded accountancy and tax practice based in South East London is seeking an experienced Practice Manager to oversee the operational, financial and compliance functions of the firm. This is a senior, hands-on role working closely with the partners to ensure the smooth day-to-day running of the practice while supporting strategic growth and maintaining high standards of client service.
Role
- Oversee the day-to-day operations of the practice, ensuring efficient workflows and processes
- Work closely with partners on strategic planning, financial performance and business growth
- Monitor WIP, billing, debtors and key performance indicators
- Ensure compliance with GDPR, AML regulations and professional standards
- Manage client onboarding and maintain strong client relationships
- Act as a key point of contact for clients and HMRC
- Conduct client tax review meetings and identify value-added opportunities
- Prepare or oversee the preparation of VAT returns, year-end accounts, corporate and personal tax returns
- Manage payroll and CIS delivery through the team
- Review client profitability and engagement suitability
- Support and oversee audit assignments, ensuring compliance with auditing standards
- Act as Responsible Individual (RI) where applicable, or work towards RI status with full partner support
- Identify operational efficiencies and drive continuous improvement initiatives
- Support marketing, networking and business development activity
- Undertake ad-hoc duties as required by senior management
Requirements
- ACA or ACCA qualified
- Strong experience within an accountancy practice
- Proven experience in practice management or a senior managerial role
- Strong technical knowledge across accounts, tax, compliance and audit
- Audit experience essential; RI status preferred but not essential
- Strong leadership, organisational and communication skills
- Confident managing staff, clients and operational processes
- Commercially aware with a proactive, problem-solving mindset
- Comfortable working in a fast-paced, client-focused environment
Should you have any questions or wish to apply please do not hesitate to contact Clear IT Recruitment Limited.
Practice Manager in London employer: Clear IT Recruitment
Contact Detail:
Clear IT Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Practice Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the accountancy world and let them know you're on the lookout for a Practice Manager role. You never know who might have the inside scoop on an opportunity that’s not even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss compliance, tax, and audit topics. We want you to shine when it comes to demonstrating your expertise and how you can add value to the firm.
✨Tip Number 3
Showcase your leadership skills! Think of examples from your past experience where you've successfully managed teams or improved processes. This will help you stand out as a candidate who can drive operational efficiencies and support strategic growth.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect with us directly.
We think you need these skills to ace Practice Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Practice Manager role. Highlight your experience in accountancy practices and any relevant qualifications like ACA or ACCA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that demonstrate your leadership and operational management skills. We love a good story!
Showcase Your Compliance Knowledge: Since compliance is key in this role, make sure to mention your understanding of GDPR, AML regulations, and auditing standards. We want to know you can keep us on the right side of the law while driving our practice forward.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Clear IT Recruitment
✨Know Your Numbers
As a Practice Manager, you'll need to demonstrate your understanding of financial performance and key performance indicators. Brush up on the firm's financial metrics and be ready to discuss how you've improved these in past roles.
✨Showcase Your Compliance Knowledge
Familiarise yourself with GDPR, AML regulations, and professional standards. Be prepared to share examples of how you've ensured compliance in previous positions, as this will show your commitment to maintaining high standards.
✨Demonstrate Leadership Skills
This role requires strong leadership and communication skills. Think of specific instances where you've successfully managed teams or projects, and be ready to discuss your approach to motivating staff and driving operational efficiencies.
✨Prepare for Client Scenarios
Since client relationships are key, consider potential client scenarios you might face. Prepare to discuss how you would handle client onboarding, tax review meetings, and any challenges that may arise, showcasing your problem-solving mindset.