At a Glance
- Tasks: Lead financial strategy and oversee compliance for a top law firm.
- Company: Join a prestigious law firm known for excellence and innovation.
- Benefits: Enjoy a dynamic work environment with opportunities for impact.
- Why this job: Make a significant difference in financial operations and strategy.
- Qualifications: Experience in finance and strong leadership skills required.
- Other info: Work closely with the board and contribute to long-term success.
The predicted salary is between 43200 - 72000 £ per year.
Our client, a highly regarded law firm with a strong reputation for delivering exceptional legal services, is seeking an experienced and skilled Financial Controller to join their leadership team. Known for their commitment to excellence and innovation, the firm offers a dynamic environment for professionals looking to make a significant impact. Role Overview: Reporting directly to the board of directors, the Financial Controller will play a vital role in overseeing the firm’s financial strategy, ensuring compliance with regulatory requirements, and managing key administrative functions to support operational efficiency and long-term success. Key Responsibilities: Finance and Accounts:• Preparing monthly management accounts, cash flow forecasts, VAT returns, payroll, and PAYE.• Developing and monitoring budgets, annual accounts, and corporation tax returns.• Managing cash flow and overseeing the firm’s financial operations to ensure stability and efficiency.• Producing financial management reports, including key performance indicators (KPIs) and performance metrics.• Supervising the Accounts Department, including accounting systems, billing, credit control, and client balance management.• Liaising with auditors and financial institutions to ensure compliance with Solicitors’ Accounts Rules (SAR) and other regulatory requirements.• Acting as Deputy COFA, supporting the firm’s Compliance Officer for Finance and Administ…
Financial Controller employer: Harper May Ltd
Contact Detail:
Harper May Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Familiarize yourself with the Solicitors’ Accounts Rules (SAR) and other regulatory requirements relevant to law firms. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and financial integrity.
✨Tip Number 2
Highlight your experience with financial management reports and key performance indicators (KPIs). Be prepared to discuss specific examples of how you've used these tools to drive financial strategy and operational efficiency in previous roles.
✨Tip Number 3
Network with professionals in the legal and financial sectors. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the firm’s culture and expectations for the Financial Controller role.
✨Tip Number 4
Research the law firm’s recent achievements and challenges. Being knowledgeable about their current financial strategies and market position will allow you to tailor your discussions during the interview, showcasing your genuine interest in contributing to their success.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities of a Financial Controller in a law firm. Highlight your relevant experience and skills that align with the key responsibilities mentioned in the job description.
Tailor Your CV: Customize your CV to emphasize your financial management experience, particularly in preparing accounts, managing budgets, and ensuring compliance with regulatory requirements. Use specific examples to demonstrate your achievements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and your understanding of the legal sector. Mention how your skills can contribute to the firm's commitment to excellence and innovation.
Highlight Compliance Experience: Since compliance is crucial in this role, make sure to highlight any previous experience you have with regulatory requirements, especially in relation to financial operations within a legal context.
How to prepare for a job interview at Harper May Ltd
✨Understand the Firm's Financial Landscape
Before the interview, take some time to research the law firm's financial operations and recent developments in their financial strategy. This will help you demonstrate your knowledge and show that you're genuinely interested in how you can contribute to their success.
✨Prepare for Technical Questions
Expect questions related to financial management, compliance with regulatory requirements, and specific accounting practices. Brush up on your knowledge of VAT returns, cash flow forecasts, and key performance indicators (KPIs) to showcase your expertise.
✨Showcase Leadership Skills
As a Financial Controller, you'll be overseeing the Accounts Department. Be prepared to discuss your leadership style and provide examples of how you've successfully managed teams or projects in the past, particularly in high-pressure environments.
✨Demonstrate Problem-Solving Abilities
The role requires managing financial operations efficiently. Think of specific challenges you've faced in previous roles and how you resolved them. This will illustrate your ability to think critically and adapt to changing circumstances.