At a Glance
- Tasks: Lead financial strategy and oversee operations in a dynamic law firm.
- Company: Join a reputable law firm in Macclesfield, specialising in Personal Injury and Medical Negligence.
- Benefits: Enjoy a competitive salary, hybrid work options, and a supportive team environment.
- Why this job: Shape the firm's financial future while working with a passionate leadership team.
- Qualifications: Qualified accountant with law firm experience; strong leadership and analytical skills required.
- Other info: Opportunity to influence financial strategies and ensure compliance with legal regulations.
The predicted salary is between 72000 - 108000 £ per year.
Location: Macclesfield, UK (hybrid option)
About the Firm: A law firm based in Macclesfield, specialising in Personal Injury (PI), Medical Negligence, and Housing Disrepair (HDR) cases. The firm has a strong reputation for delivering exceptional legal services and securing justice for clients. As part of its continued growth and operational excellence, the firm is seeking an experienced Finance Director / Senior Financial Controller with a background in law firm finance to lead its financial strategy and management.
Role Overview: The Finance Director / Senior Financial Controller will be a key member of the senior leadership team, responsible for overseeing the financial health and strategic direction of the firm. The successful candidate will have a proven track record in law firm financial management, ensuring compliance with Solicitors Accounts Rules (SARs), managing financial risk, and optimising the firm’s financial performance.
Key Responsibilities:
- Lead and manage the firm’s financial strategy, ensuring strong financial governance and reporting.
- Oversee all financial operations, including budgeting, forecasting, cash flow management, and financial planning.
- Ensure compliance with Solicitors Accounts Rules (SARs) and other legal regulatory requirements.
- Manage relationships with external stakeholders, including auditors, banks, and regulatory bodies.
- Oversee the firm’s working capital, credit control, and debt recovery processes, ensuring financial stability.
- Implement financial controls and risk management processes to safeguard the firm’s assets.
- Provide strategic insight and financial analysis to support business growth and profitability.
- Work closely with the Board to develop and execute financial strategies that align with the firm’s objectives.
- Lead and develop the finance team, ensuring high standards of performance and compliance.
- Support financial aspects of litigation funding, case disbursement, and cost recovery processes.
- Monitor and optimise WIP (Work in Progress) and profitability of case portfolios.
Key Requirements:
- Qualified accountant (ACA, ACCA, CIMA, or equivalent) with extensive experience in a similar role within a law firm.
- Previous experience in a law firm essential.
- Experience in Personal Injury, Medical Negligence, or Housing Disrepair law firm is a bonus, not essential.
- Strong understanding of Solicitors Accounts Rules (SARs) and SRA compliance.
- Proven leadership experience, with the ability to manage and develop a finance team.
- Excellent knowledge of financial software and case management systems used in law firms.
- Strong analytical and problem-solving skills, with a strategic mindset.
- Ability to work collaboratively with senior stakeholders and drive financial efficiency.
- Experience managing external audits and liaising with regulatory bodies.
What We Offer:
- A senior leadership role in a dynamic and growing law firm.
- Competitive salary and benefits package.
- A supportive and collaborative working environment.
- The opportunity to influence and shape the financial future of the firm.
Finance Director / Senior Financial Controller employer: Talent Flow Partners
Contact Detail:
Talent Flow Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Director / Senior Financial Controller
✨Tip Number 1
Network with professionals in the legal finance sector. Attend industry events, webinars, or local meetups to connect with individuals who work in law firms. This can help you gain insights into the specific financial challenges they face and may lead to referrals for job openings.
✨Tip Number 2
Familiarise yourself with the Solicitors Accounts Rules (SARs) and any recent changes in regulations. Being well-versed in these rules will not only boost your confidence during interviews but also demonstrate your commitment to compliance and governance in a law firm setting.
✨Tip Number 3
Showcase your leadership skills by discussing past experiences where you successfully managed a finance team or led financial projects. Prepare specific examples that highlight your ability to drive financial efficiency and support business growth, as these are key aspects of the role.
✨Tip Number 4
Research the law firm's recent financial performance and strategic goals. Understanding their current position and future objectives will allow you to tailor your discussions during interviews, showing how your expertise aligns with their needs and how you can contribute to their success.
We think you need these skills to ace Finance Director / Senior Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in law firm finance, particularly focusing on your understanding of Solicitors Accounts Rules (SARs) and any relevant financial management roles you've held. Use specific examples to demonstrate your achievements.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the firm. Discuss how your background in Personal Injury, Medical Negligence, or Housing Disrepair aligns with their needs. Be sure to mention your leadership experience and how you can contribute to the firm's financial strategy.
Highlight Relevant Skills: Emphasise your analytical and problem-solving skills, as well as your ability to manage financial risks and optimise performance. Mention your familiarity with financial software and case management systems used in law firms, as this is crucial for the role.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is essential for a Finance Director / Senior Financial Controller.
How to prepare for a job interview at Talent Flow Partners
✨Showcase Your Legal Finance Expertise
Make sure to highlight your experience in law firm finance during the interview. Discuss specific examples of how you've managed financial operations, ensured compliance with Solicitors Accounts Rules (SARs), and contributed to the financial strategy of previous firms.
✨Demonstrate Leadership Skills
As a Finance Director or Senior Financial Controller, you'll need to lead a team. Be prepared to share your leadership style and provide examples of how you've successfully developed and managed finance teams in the past.
✨Prepare for Technical Questions
Expect questions that assess your knowledge of financial regulations and compliance, particularly related to law firms. Brush up on your understanding of SARs and be ready to discuss how you would ensure compliance within the firm.
✨Discuss Strategic Financial Insights
Be ready to talk about how you can provide strategic insight to support business growth. Prepare examples of how you've used financial analysis to drive profitability and optimise financial performance in previous roles.