At a Glance
- Tasks: Support finance operations and manage partner-related financial queries.
- Company: Join Mills & Reeve, a top UK law firm with a supportive culture.
- Benefits: Competitive salary, diverse benefits, and opportunities for professional growth.
- Why this job: Gain hands-on experience in finance while making a real impact.
- Qualifications: Solid accounts experience and proficiency in Excel required.
- Other info: Inclusive environment with flexible working arrangements and excellent career progression.
The predicted salary is between 28800 - 43200 £ per year.
Overview
An excellent opportunity to progress your career as a Finance Administration Assistant.
The role
Reporting to the Finance Manager, this role supports the Management Accountant and is primarily responsible for partner related work as well as providing advice and support in dealing with finance related queries and processing financial transactions in accordance with SRA Accounts rules and best practice.
The person
The ideal candidate will bring solid accounts and billing experience, preferably within a professional services environment. They should be proficient in Microsoft Excel and Word, and have hands-on experience with online banking systems in a business context. A working knowledge of the Solicitors Accounts Rules, UK GAAP standards, and familiarity with Practice Management Systems is essential.
You will manage your workload confidently, communicate clearly, build strong relationships, and maintain a detail-focused, organised approach. You\’ll be a proactive team player, ready to adapt during busy periods.
The activities
- Partner Matters
- Provide financial information to partners and the Senior Partner.
- Manage profit distributions, drawings, loans, and investments.
- Calculate payments under individual partner arrangements and for ex-partners.
- Compliance
- Prepare SRA applications for dormant balances to charity.
- Support compliance tasks with the Finance Manager and Compliance Assistant.
- Charitable Trust
- Maintain records and assist with year-end accounts for the Mills & Reeve Charitable Trust.
- Advice & Query Management
- Advise fee earners and secretaries on accounting procedures.
- Respond to queries from clients, banks, and auditors.
- Act as the team expert on SRA Accounts Rules and legal accounting issues.
- Systems Administration
- Perform bank reconciliations and corrections.
- Administer matrimonial loan facilities and maintain accurate records.
- Input and maintain accounting data and time recorder records in PMS.
- Efficiency & Projects
- Suggest improvements to finance processes and technology use.
- Support implementation of new systems and firm-wide practices.
- General Duties
- Assist with finance operations during busy periods (e.g. month-end).
- Manage safe storage of accounting records.
- Carry out delegated tasks and attend meetings/training as required.
Please ensure you read the job description below for full details about this position.
We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.
The Benefits
As you\’d expect, we offer a competitive salary and a wide range of benefits. Click here to find out more about our core benefit offering.
Pre employment screening
If we offer you a role, we will conduct comprehensive pre-employment screening. This screening will include, but is not limited to, a basic DBS, verification of your right to work, a three year employment history and a self-declaration to assess your character and suitability for the role. Full details of our pre-screening employment process are available upon request.
The firm
Mills & Reeve is centred on achieving more for clients, their businesses and the wider communities we serve. Our clients and their industries benefit from our knowledge and learning, and receive consistent experiences with no surprises. We tell them what they need to know when they need to know it.
We build personal relationships, with advice individually tailored to individual need. And if clients need things we don\’t offer, we draw on our network to give recommendations. Our 1,450 plus people and over 850 lawyers share one vision – achieving more for clients.
By joining Mills & Reeve, you\’ll have the chance to build your skills and experience within a firm that\’s not only ranked in the top 50 UK law firms, but also one that truly values their people. We\’re also ranked in The Sunday Times Best Places to Work list, and have been awarded Platinum Investors in People. Our mantra is “Achieve more. Together.”, which we feel embodies our purpose and is more than just a catchphrase!
Our values are the principles that help us fulfil our purpose. Our people shaped them and live them every day.
- We\’re ambitious – We aim high, we embrace new ideas and we\’re passionate about our work
- We\’re open – We communicate openly and honestly to build trust, and we do what\’s right
- We care – We\’re committed to each other, our clients, our communities and the planet
- We collaborate – We\’re easy to work with, we offer help willingly and we get things done – together
And finally
Everyone at Mills & Reeve brings a unique perspective and ideas to the team and we do everything we can to help each person to thrive. We\’re committed to providing an inclusive and supportive working environment, are happy to consider flexible working arrangements, and want to achieve the right balance for both our people and the firm. We encourage everyone to ask if they feel they need any workplace adjustments, and will do our best to support with these.
To find out more about our diversity and inclusion work, visit our website.
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Finance Administration Assistant employer: Mills & Reeve
Contact Detail:
Mills & Reeve Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Administration Assistant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their approach to finance and compliance, and think about how your skills align with their needs. This will help you stand out as a candidate who truly gets what they’re about.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. Focus on articulating your experience with accounts, billing, and compliance clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our firm.
We think you need these skills to ace Finance Administration Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your accounts and billing experience, especially if it's from a professional services background. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Finance Administration Assistant role. Mention your proficiency in Microsoft Excel and Word, and any relevant experience with online banking systems.
Showcase Your Communication Skills: Since this role involves advising fee earners and responding to queries, make sure to demonstrate your clear communication skills in your application. We love candidates who can build strong relationships and maintain a detail-focused approach!
Apply Early!: Don’t wait until the last minute to submit your application. We might close the vacancy early if we get enough applications, so head over to our website and apply as soon as you can. We can't wait to hear from you!
How to prepare for a job interview at Mills & Reeve
✨Know Your Numbers
Brush up on your financial knowledge, especially around SRA Accounts Rules and UK GAAP standards. Be prepared to discuss how you've applied these in previous roles, as this will show your understanding of the compliance aspects of the job.
✨Excel at Excel
Since proficiency in Microsoft Excel is a must, practice using advanced functions and formulas. Bring examples of how you've used Excel to streamline processes or manage data effectively in past positions.
✨Showcase Your Communication Skills
As you'll be advising fee earners and responding to queries, demonstrate your ability to communicate clearly and effectively. Prepare examples of how you've successfully managed client or colleague queries in the past.
✨Be a Team Player
Mills & Reeve values collaboration, so come ready to discuss how you've worked within a team. Share specific instances where you contributed to team success, especially during busy periods, to highlight your proactive approach.