At a Glance
- Tasks: Lead financial operations for a group of legal firms, ensuring compliance and efficiency.
- Company: Join Talk Staff Recruitment, a trusted agency connecting talent with top firms across the UK.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Shape finance processes in a fast-paced setting while collaborating with senior leaders.
- Qualifications: Experience in legal finance, knowledge of SRA Accounts Rules, and proficiency in legal accounting software required.
- Other info: Supervise a small finance team and manage key financial functions like billing and VAT returns.
The predicted salary is between 43200 - 72000 £ per year.
A growing, legal firm is looking for an experienced Legal Finance Manager to join their team. This is an exciting opportunity to lead the financial operations of a group of regulated legal firms, ensuring accuracy, compliance, and operational efficiency across all accounting functions. This role will support the senior leadership team and work closely with the Compliance Officer for Finance and Administration (COFA), while managing a small finance team day to day. If you thrive in a fast-paced, evolving environment where you can help shape and refine finance processes, this could be a great next step in your career. To be considered for the role, you’ll require the following essentials: Significant experience in legal finance within a regulated law firm Solid working knowledge of SRA Accounts Rules and COFA expectations Proficiency with legal accounting software (e.g. LEAP, Osprey, Practice Evolve, or similar) Skilled in producing management accounts, VAT returns, and supporting statutory reporting A strong understanding of legal cashiering and financial controls Detail-oriented with excellent organisational skills Supervisory or team management experience Clear communicator, able to build strong working relationships across departments High level of integrity and accountability in handling financial matters Within this position, you’ll also be: Supervise all legal cashiering duties, including correct handling and reconciliation of client monies Ensure the design and maintenance of processes that support compliance with SRA Accounts Rules Produce monthly management accounts, financial reports and detailed KPIs Oversee billing, invoicing, credit control and purchase ledger activity Prepare and submit VAT returns and liaise with external accountants for statutory filings Support budget setting and cash flow management in collaboration with senior finance leaders Deputise for the COFA where required, ensuring appropriate audit trail and adherence to regulatory standards Manage finance-related systems and assist in the transition to improved platforms or processes where applicable Talk Staff Recruitment is an established division of Talk Staff Group and works with companies throughout the East Midlands and UK with roles including many areas such as: Accountancy & Finance, Human Resources, Marketing, Contact Centre and Office Support. Talk Staff Recruitment act as an Recruitment Agency in relation to this vacancy. See our website for more details and jobs available – (phone number removed)
Legal Finance Manager employer: Talk Staff Group Limited
Contact Detail:
Talk Staff Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Finance Manager
✨Tip Number 1
Familiarise yourself with the SRA Accounts Rules and COFA expectations. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to compliance, which is crucial for this role.
✨Tip Number 2
Network with professionals in the legal finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their firms.
✨Tip Number 3
Showcase your proficiency with legal accounting software by getting hands-on experience with tools like LEAP or Osprey. If you haven't used them before, consider taking a short course or tutorial to boost your confidence and skills.
✨Tip Number 4
Prepare to discuss your experience in managing finance teams. Be ready to share specific examples of how you've improved processes or led your team to achieve financial goals, as this will highlight your leadership capabilities.
We think you need these skills to ace Legal Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your significant experience in legal finance, particularly within regulated law firms. Emphasise your knowledge of SRA Accounts Rules and COFA expectations, as well as your proficiency with relevant legal accounting software.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the firm. Discuss how your skills in producing management accounts and financial reports align with the responsibilities of the position. Mention your detail-oriented nature and organisational skills.
Showcase Leadership Experience: If you have supervisory or team management experience, make sure to highlight this in both your CV and cover letter. Provide examples of how you've successfully managed teams or projects, especially in a fast-paced environment.
Prepare for Compliance Questions: Given the importance of compliance in this role, be ready to discuss your understanding of financial controls and legal cashiering. Prepare examples that demonstrate your integrity and accountability in handling financial matters.
How to prepare for a job interview at Talk Staff Group Limited
✨Showcase Your Legal Finance Expertise
Make sure to highlight your significant experience in legal finance, especially within regulated law firms. Be prepared to discuss specific examples of how you've ensured compliance with SRA Accounts Rules and COFA expectations in your previous roles.
✨Demonstrate Software Proficiency
Familiarise yourself with the legal accounting software mentioned in the job description, such as LEAP or Osprey. If you have experience with similar platforms, be ready to explain how you used them to enhance financial operations and reporting.
✨Emphasise Team Management Skills
Since this role involves managing a small finance team, share your supervisory experiences. Discuss how you've built strong working relationships and fostered a collaborative environment, which is crucial for success in this position.
✨Prepare for Compliance Discussions
Given the importance of compliance in this role, prepare to discuss how you've designed and maintained processes that support adherence to regulatory standards. Be ready to provide examples of how you've handled audits and ensured financial integrity.