At a Glance
- Tasks: Ensure financial control and compliance while managing client funds in a regulated environment.
- Company: Join a leading legal services firm committed to integrity and excellence.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Dynamic team environment focused on collaboration and continuous improvement.
- Why this job: Make a real impact by safeguarding client funds and enhancing financial processes.
- Qualifications: Fully qualified ACA, ACCA, CIMA or equivalent with experience in financial reconciliations.
The predicted salary is between 50000 - 60000 ÂŁ per year.
Responsible for ensuring the highest standards of financial control and regulatory compliance, including the safeguarding of client funds within an SRA‑regulated environment. The role ensures that all processes and controls within Finance Operations are designed and operated in strict compliance with the Solicitors Accounts Rules, accounting standards, and internal policies. Through proactive monitoring, continuous improvement, and effective challenge, the role plays a critical part in protecting client funds, managing regulatory and financial risk, and maintaining the integrity and trust required of a regulated legal services business.
Reports to: Finance Business Partner
Line Manager of: 5 direct reports
Contribution:
- Financial Control: Production and oversight of complex balance sheet reconciliations, client bank reconciliations and supplier reconciliations. Identifying discrepancies, investigating root causes, and proactively implementing effective corrective actions.
- Period End Accounting: Responsibility for period‑end closure in the case management system and posting of period‑end journals into the group accounting system.
- Process Management: Ensure that all daily, weekly and monthly processes are completed in adherence to both external regulation (Solicitors Accounts Rules) and internal policies, effectively managing the short‑ and long‑term workload of the team.
- Regulatory Control: Periodic reporting and review of the performance of controls, including identification and escalation of potential Accounts Rules breaches, with a strong focus on continuous improvement.
- External Audit: Lead on the external Solicitors Accounts Rules audit, ensuring deliverables are completed to agreed timelines.
- Regulatory Compliance: Ensure best practice is applied across the finance operation and that procedures and controls comply with SRA rules and relevant accounting standards.
- Banking: Work closely with Treasury to manage all aspects of client and office account banking, ensuring appropriate authorised signatures, mandates and system access are maintained. Lead regular service review meetings with banking partners.
- Technical Expertise: Provide technical advice and guidance to senior management and operational leaders, sharing expertise to support effective decision‑making and the development of new or enhanced processes.
- Team Management: Lead, coach and develop the team to support high performance, ongoing growth, and continued professional development.
Behaviours:
- Forging Relationships: Works collaboratively with colleagues at all levels across the business and with key contacts within Group Finance.
- Inspirational Communicator: Communicates complex financial and regulatory matters clearly and concisely, providing meaningful insight to support strategic and operational decision‑making.
- Future‑Focused: Continuously develops the control environment and reporting capabilities to enhance the integrity and quality of financial reporting.
Empowered to:
- Work independently with external auditors and across Group Finance, supporting strategic decision‑making through the provision of timely, accurate and well‑controlled financial information.
- Take initiative to identify and implement improvements to ways of working within the finance function and the wider business.
Capabilities:
- Fully qualified ACA, ACCA, CIMA or equivalent.
- Proven experience of balance sheet reconciliations, identifying discrepancies, investigating root causes & period end accounting.
Management Accountant in Bristol employer: Lorien
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant in Bristol
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in legal services. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss balance sheet reconciliations and regulatory compliance. We want you to shine when they ask about your experience!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for roles that fit your skills as a Management Accountant. We’ve got some great opportunities waiting for you!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
We think you need these skills to ace Management Accountant in Bristol
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Management Accountant role. Highlight your experience with financial control, regulatory compliance, and any relevant qualifications like ACA or ACCA. We want to see how your skills match what we're looking for!
Showcase Your Achievements: When writing your application, don’t just list your duties; showcase your achievements! Talk about specific instances where you identified discrepancies or improved processes. This helps us see the impact you've made in previous roles.
Be Clear and Concise: We love clear communication! Make sure your application is easy to read and gets straight to the point. Use bullet points where necessary and avoid jargon unless it’s relevant to the role. We want to understand your experience without wading through fluff.
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, you’ll find all the details you need about the position there!
How to prepare for a job interview at Lorien
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your financial expertise. Brush up on balance sheet reconciliations and period-end accounting processes. Be ready to discuss specific examples from your past experience where you identified discrepancies and implemented corrective actions.
✨Understand Regulatory Compliance
Familiarise yourself with the Solicitors Accounts Rules and any relevant accounting standards. During the interview, show that you understand how these regulations impact financial control and client fund safeguarding. This will highlight your commitment to compliance and risk management.
✨Showcase Your Leadership Skills
Since this role involves team management, be prepared to talk about your experience in leading and developing teams. Share examples of how you've coached team members to achieve high performance and fostered a collaborative environment. This will demonstrate your ability to inspire and manage effectively.
✨Communicate Clearly
As an inspirational communicator, you’ll need to convey complex financial matters simply. Practice explaining technical concepts in layman's terms. This skill is crucial for supporting strategic decision-making and will set you apart as a candidate who can bridge the gap between finance and operations.