Finance Manager - Legal in Nottingham

Finance Manager - Legal in Nottingham

Nottingham Full-Time 28000 - 42000 £ / year (est.) No working from home possible
R

At a Glance

  • Tasks: Manage financial reporting and compliance for legal firms while leading a team of cashiers.
  • Company: Join WLR Legal Solutions, a dynamic group supporting clients across various legal sectors.
  • Benefits: Enjoy excellent career prospects, a supportive team, and opportunities for professional growth.
  • Other info: Office-based role in Ilkeston/Eastwood with travel to Castle Donnington & Leeds as needed.
  • Why this job: Be part of a reputable firm with a focus on ethical finance and client protection.
  • Qualifications: Experience in legal finance at a senior level; ICAEW/ACCA/CIMA qualification preferred.

The predicted salary is between 28000 - 42000 £ per year.

Finance Manager – Legal Salary circa 32-38k dependent on skills and experience Full time Ilkeston/Eastwood– office based daily – car driver ideally– travel to Castle Donnington & Leeds as required WLR Legal Solutions Ltd currently operates several legal brands supporting clients in all areas of law.  MacLaren Warner, a well-established and reputable High Street practice was acquired in 2024 and operates alongside our 2 other legal brands of WLR Law and Front Row Legal.  As part of a wider group of companies spanning Accountancy, Finance and Insurance, MacLaren Warner benefits from a broad range of services designed to support our clients in every aspect of their day-to-day business needs. Our experienced, customer-focused team also enjoys excellent career prospects whether you choose to continue developing your expertise in your current specialism with a focused and transparent approach or explore opportunities to diversify and grow your career within a sustainable, expanding business. Role Purpose The role of the Finance Manager for the Legal Pillar is to proactively support the Group CFO with financial management and reporting, management of the client and office ledgers for all law firms, and provide management information monthly and as required. This role is crucial to supporting the COFA (Compliance Officer for Finance and Administration) with compliance with SRA Accounts Rules and protection of client monies, as well as providing a broader accounting, financial planning & analysis role for the Pillar. The role will be responsible for line management and direction of the Group Legal Cashier/s. The main duties include but not limited to:- Supervision of all Legal Cashier Duties. This includes having overall management of incoming and outgoing client payments, correct handling of client monies and transfers, SRA compliant client account reconciliations and adherence to SRA Audit regulationsDesign & Implementation of processes supporting full compliance with SRA Accounts RulesEnsure accurate Billing and InvoicingProduction of Monthly Management AccountsMonthlyAssist CFO with budget and target settings across the PillarProduction of detailed weekly KPIsOversee VAT returns for PillarLiaise with WLR Accountancy Solutions for all Statutory FilingsCredit ControlPurchase Ledger ManagementCashflow ManagementDeputy COFA Skills and Knowledge Previous experience working in a Legal Practice at a Senior Finance LevelPreferably Newly Qualified ICAEW/ACCA/CIMAProficiency with legal accounting softwareStrong knowledge of SRA Accounts Rules & COFA expectationsFull understanding of the Legal Cashier FunctionStatutory Reporting knowledgeAccuracy & Precision when reporting numbersStrong Organizational SkillsSupervisory & Management SkillsCollaboration skills with colleagues and driving the Finance relationshipWritten and Verbal Communication: Expressing yourself clearly in both forms.Honesty and Integrity: Handling financial matters ethically Interested? If you feel that you possess the relevant skills and experience, then please send your cv by return. INDHS 

Finance Manager - Legal in Nottingham employer: Reed.co.uk

WLR Legal Solutions Ltd is an exceptional employer, offering a dynamic work environment in Ilkeston/Eastwood where employees can thrive in their careers. With a strong focus on professional development and a commitment to compliance and ethical practices, our team enjoys excellent career prospects and the opportunity to work alongside experienced professionals in a supportive atmosphere. The company's diverse range of legal services ensures that employees are part of a growing and sustainable business, making it a rewarding place to build a meaningful career.

R

Contact Details:

Reed.co.uk Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Manager - Legal in Nottingham

Get Involved in Law Societies

Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.

Tap into Online Legal Communities

Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.

Attend Career Fairs and Workshops

Look out for career fairs and workshops specifically focused on law. Many law firms, including Reed.co.uk, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.

Leverage Your University’s Career Services

If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.

We think you need these skills to ace Finance Manager - Legal in Nottingham

Financial Management
Legal Accounting Software Proficiency
Knowledge of SRA Accounts Rules
Compliance with SRA Audit Regulations
Management Information Reporting
Budgeting and Financial Planning
Supervisory Skills

Some tips for your application 🫡

Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Reed.co.uk, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.

Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.

Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Reed.co.uk and the specific role of Finance Manager - Legal. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.

Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Reed.co.uk’s culture!

How to prepare for a job interview at Reed.co.uk

Know Your Legal Principles

Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.

Be Ready for Case Studies

Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.

Show Off Your Research Skills

As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Reed.co.uk.

Exude Professionalism and Confidence

In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Reed.co.uk.