Law Firm - Finance Manager

Law Firm - Finance Manager

Trowbridge Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage financial operations, prepare accounts, and ensure compliance with regulations.
  • Company: Join a reputable law firm dedicated to excellence in financial management.
  • Benefits: Enjoy competitive pay, professional development opportunities, and a supportive work environment.
  • Why this job: Be part of a dynamic team that values accuracy and strategic decision-making.
  • Qualifications: Experience in finance management and knowledge of regulatory frameworks required.
  • Other info: Opportunity to lead a finance team and influence key business decisions.

The predicted salary is between 43200 - 72000 £ per year.

Manage the day-to-day financial operations, including accounts payable/receivable, payroll, and banking.

Prepare monthly, quarterly, and annual management accounts and financial statements.

Ensure compliance with the Solicitors Regulation Authority (SRA) Accounts Rules and other regulatory frameworks.

Oversee client account transactions and ensure appropriate handling of client monies.

Liaise with external auditors and manage the annual audit process.

Assist in budgeting, forecasting, and cash flow planning.

Provide financial analysis and reports to support strategic decision-making.

Support the implementation and optimisation of finance systems (e.g., case management and accounting software).

Supervise and develop the finance team, ensuring high standards of accuracy and efficiency.

Work closely with department heads to monitor budgets and profitability by practice area.

Law Firm - Finance Manager employer: Taylor Hawkes Ltd

As a leading law firm, we pride ourselves on fostering a collaborative and inclusive work environment where finance professionals can thrive. Our commitment to employee development is reflected in our comprehensive training programmes and opportunities for career advancement, all while enjoying a competitive benefits package. Located in a vibrant city, our firm not only offers a dynamic workplace but also encourages a healthy work-life balance, making it an excellent choice for those seeking meaningful and rewarding employment.
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Contact Detail:

Taylor Hawkes Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Law Firm - Finance Manager

✨Tip Number 1

Familiarise yourself with the Solicitors Regulation Authority (SRA) Accounts Rules. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to compliance, which is crucial for a finance manager in a law firm.

✨Tip Number 2

Brush up on your financial analysis skills. Being able to provide insightful reports and support strategic decision-making is key in this role, so consider practising how to present financial data clearly and effectively.

✨Tip Number 3

Network with professionals in the legal finance sector. Attend relevant events or join online forums to connect with others in similar roles. This can give you insights into the industry and potentially lead to referrals.

✨Tip Number 4

Showcase your experience with finance systems during your interactions. If you've worked with case management or accounting software, be ready to discuss how you've optimised these systems in previous roles, as this is a significant part of the job.

We think you need these skills to ace Law Firm - Finance Manager

Financial Management
Accounts Payable/Receivable
Payroll Management
Banking Operations
Financial Reporting
Compliance Knowledge (SRA Accounts Rules)
Client Account Management
Audit Coordination
Budgeting and Forecasting
Cash Flow Planning
Financial Analysis
Strategic Decision Support
Finance Systems Implementation
Team Leadership
Interdepartmental Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in financial management, particularly in a legal context. Emphasise your familiarity with the Solicitors Regulation Authority (SRA) Accounts Rules and any specific finance systems you've worked with.

Craft a Compelling Cover Letter: In your cover letter, explain why you're a great fit for the Finance Manager role. Discuss your experience with budgeting, forecasting, and managing audits, and how these skills will benefit the law firm.

Showcase Your Analytical Skills: Provide examples of how you've used financial analysis to support strategic decision-making in previous roles. This could include specific projects or initiatives where your input made a significant impact.

Highlight Team Leadership Experience: If you have experience supervising or developing a finance team, make sure to mention it. Discuss your approach to ensuring accuracy and efficiency within the team, as this is crucial for the role.

How to prepare for a job interview at Taylor Hawkes Ltd

✨Know Your Financial Regulations

Familiarise yourself with the Solicitors Regulation Authority (SRA) Accounts Rules and other relevant regulations. Being able to discuss these in detail will show your understanding of compliance, which is crucial for the role.

✨Demonstrate Your Analytical Skills

Prepare to discuss your experience with financial analysis and reporting. Bring examples of how your insights have supported strategic decision-making in previous roles, as this will highlight your value to the firm.

✨Showcase Your Leadership Experience

Be ready to talk about your experience in supervising and developing a finance team. Share specific instances where you improved team performance or accuracy, as this will demonstrate your capability to lead effectively.

✨Discuss System Optimisation

Highlight any experience you have with finance systems, such as case management or accounting software. Discuss how you've contributed to their implementation or optimisation, as this is key for supporting the firm's operational efficiency.

Law Firm - Finance Manager
Taylor Hawkes Ltd
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