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For Companies At a Glance
- Tasks: Lead daily operations, ensuring efficiency and compliance while driving strategic growth.
- Company: Reputable accountancy and tax practice in South East London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a respected firm and make a real impact on client service and operational excellence.
- Qualifications: ACA or ACCA qualified with strong experience in accountancy practice management.
- Other info: Fast-paced environment with opportunities for leadership and continuous improvement.
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.
Please Note: Due to the number of applications we receive we may be unable to respond to every application directly. If you have not heard from us within 3 working days please assume your application has been unsuccessful.
Practice Manager employer: Clear IT Recruitment
Contact Detail:
Clear IT Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Practice Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the accountancy world and let them know you're on the hunt for a Practice Manager role. You never know who might have the inside scoop on an opportunity or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss compliance, audit standards, and financial performance. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to highlight your leadership skills! When chatting with potential employers, share examples of how you've managed teams and improved operational efficiencies. This will show them you’re the right fit for overseeing their practice.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you that Practice Manager role!
We think you need these skills to ace Practice Manager
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 managerial roles you've held. We want to see how your skills align with our needs!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve improved processes or driven growth in previous roles. This helps us see the impact you can make at StudySmarter.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. We love seeing genuine enthusiasm for the position!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Don’t miss out!
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
Since compliance is crucial in this role, make sure you’re well-versed in GDPR, AML regulations, and auditing standards. Prepare examples of how you've ensured compliance in previous positions to highlight your expertise.
✨Demonstrate Leadership Skills
This position requires strong leadership abilities. Think of specific instances where you've successfully managed teams or projects, and be prepared to share how you motivate and guide others towards achieving goals.
✨Prepare for Client Scenarios
You'll be acting as a key point of contact for clients, so anticipate questions about client management. Prepare scenarios where you've built strong client relationships or resolved conflicts, showcasing your communication skills and client-focused approach.
