At a Glance
- Tasks: Manage an accountancy practice and work closely with the current owner.
- Company: IPS Finance has 40 years of experience in Yorkshire's accountancy recruitment market.
- Benefits: Opportunity to buy into a stable practice with a strong client base.
- Why this job: Perfect for aspiring accountants wanting to run their own firm and grow a client base.
- Qualifications: Qualified accountant with a solid background in accounts and tax.
- Other info: Great potential for personal and professional growth in a supportive environment.
The predicted salary is between 43200 - 72000 £ per year.
If you have ever thought about running your own accountancy practice this could be an ideal opportunity. You will work alongside the existing owner who is working towards retirement with the option to buy into the practice which has a great client base that has huge potential. This role may appeal to a qualified accountant with a strong general practice background in accounts and tax who has thought about running their own firm. The practice has a stable client base and fee income of around £230k, the fees are made up of year end accounts, bookkeeping/management accounts, tax and advisory work. The owner hasn’t looked to increase the client base so this could be an excellent starting point to build on and to develop your own thriving firm of Chartered Accountants. IPS Finance has 40 years experience in the Yorkshire accountancy recruitment market. We have built our business on long term relationships with both individuals and clients in all sectors, bringing real benefits to all concerned. Please visit the IPS Finance website to view the latest accountancy / finance and practice opportunities. …
Manager - Chartered Accountants employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager - Chartered Accountants
✨Tip Number 1
Network with other professionals in the accountancy field. Attend local events or join online forums where you can connect with fellow accountants and industry leaders. This can help you gain insights into running your own practice and may even lead to potential partnerships or client referrals.
✨Tip Number 2
Research the current market trends in accountancy, especially in Yorkshire. Understanding what services are in demand can help you tailor your approach when discussing the potential of the practice with the current owner.
✨Tip Number 3
Consider developing a business plan that outlines how you would grow the existing client base. This shows initiative and gives the current owner confidence in your vision for the future of the practice.
✨Tip Number 4
Prepare to discuss your experience in accounts and tax during the interview. Highlight specific examples of how you've successfully managed client relationships or improved processes in previous roles, as this will demonstrate your capability to take over and expand the practice.
We think you need these skills to ace Manager - Chartered Accountants
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in accountancy, particularly in general practice, accounts, and tax. Emphasize any leadership roles or entrepreneurial experiences that demonstrate your capability to run a practice.
Craft a Compelling Cover Letter: In your cover letter, express your interest in the opportunity to run your own accountancy practice. Discuss your vision for the firm and how you plan to build on the existing client base. Show enthusiasm for the potential of the practice.
Highlight Relevant Qualifications: Clearly state your qualifications as a Chartered Accountant. Include any additional certifications or training that may be relevant to managing an accountancy practice, such as tax advisory skills or management accounting.
Showcase Your Client Relationship Skills: Since the role involves working with a stable client base, highlight your experience in building and maintaining client relationships. Provide examples of how you've successfully managed client accounts and delivered value in previous roles.
How to prepare for a job interview at IPS Group
✨Show Your Entrepreneurial Spirit
Since this role involves the potential to run your own accountancy practice, it's crucial to demonstrate your entrepreneurial mindset. Share any experiences where you've taken initiative or led projects, as this will show your readiness to take on ownership.
✨Highlight Your General Practice Experience
Make sure to discuss your background in accounts and tax. Be prepared to provide specific examples of your work in year-end accounts, bookkeeping, and advisory roles, as this will showcase your expertise and suitability for the position.
✨Discuss Client Relationship Management
Given the stable client base of the practice, emphasize your skills in managing client relationships. Talk about how you've built trust and rapport with clients in the past, and how you plan to maintain and grow these relationships.
✨Express Your Vision for Growth
The opportunity to expand the client base is a key aspect of this role. Be ready to share your ideas on how you would approach this challenge. Discuss strategies for marketing, networking, and service diversification that could help develop a thriving firm.