Financial Reporting & Controls Manager in Wolverhampton

Wolverhampton Full-Time No home office possible

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Overview

On an exclusive basis, Greenwell Gleeson are recruiting for a Financial Reporting & Controls Manager to work with a rapidly growing, Private Equity backed Law Firm based in Wolverhampton.

Responsibilities

To prepare consolidated and entity level financial statements in compliance with accounting standards (UK GAAP) and Solicitors Accounts Rules
To manage month end reporting activities, including balance sheet account reconciliations and cash flow analysis
To oversee operational management of purchase ledger, fixed assets register, Payroll and VAT, PAYE, corporation tax control accounts
To oversee cash management including handling of client funds, cash flow modelling and net working capital optimisation
To use technical understanding of accounting principles to develop financial policies, strengthen controls, enhance governance practices, drive improvements in financial reporting processes
To develop a financial risk and controls framework to improve identification, monitoring and reporting of financial risks and controls effectiveness
To oversee and control the centralized accounting system to ensure that accounts and general ledger are effectively managed
To coordinate corporation tax compliance with tax advisers and to prepare quarterly VAT return
To manage debt covenant reporting including preparation of quarterly compliance certificates
To coordinate and manage the external audit and Solicitors Regulation Authority accountants report
To ensure the firm is fully compliant with Solicitors Accounts Rules
To support preparation of accounting papers for the group’s Audit Committee
To support the planning and integration of acquisitions into the finance environment
To collaborate with finance colleagues and key stakeholders to promote a culture of compliance and transparency
To evaluate procedures and technology solutions to improve the management of the finance function
To recruit, train, supervise, develop and manage finance department staff

Qualifications

Associated finance qualification essential
Could be a first mover from practice or a second mover
5+ years of experience in practice or legal services business
Excellent technical knowledge of accounting standards and principles (FRS 102)
Knowledge of Solicitors Accounts Rules beneficial
Preparation of consolidated financial statements
Experience of merger and acquisitions planning and integration beneficial
Coordination and management of external audit
Experience of managing & monitoring financial risks, controls & compliance reporting
Experience in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures
Proficient with Microsoft applications
Experience with ACA/ACCA qualification and 3-5 years PQE