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- Tasks: Ensure financial compliance and stability within a leading legal firm.
- Company: Join a well-established legal practice in Manchester with high ethical standards.
- Benefits: Enjoy a competitive salary, professional growth opportunities, and a supportive work environment.
- Why this job: Make a real impact in a dynamic team while ensuring regulatory compliance in finance.
- Qualifications: Experience as a Financial Director or COFA in a law firm is preferred.
- Other info: Ideal for detail-oriented individuals passionate about finance and legal compliance.
The predicted salary is between 43200 - 72000 £ per year.
Job Title: Financial Director-acting (COFA) Location: Manchester, UK Employment Type: Full-Time Salary: Competitive, based on experience About the Firm: Our firm is a well-established legal practice based in Manchester, dedicated to providing top-tier legal services across various practice areas. We pride ourselves on maintaining high ethical standards and regulatory compliance. To ensure continued adherence to financial and administrative regulatory requirements, we are seeking a Financial Director/Compliance Officer for Finance and Administration (COFA) to join our team. Role Overview: The ideal candidate will be responsible for ensuring the firm complies with its financial regulatory obligations under the Solicitors Regulation Authority (SRA) Standards and Regulations. This role requires meticulous attention to detail, a strong understanding of financial management within a legal framework, and excellent communication skills to work effectively with various stakeholders. Key Responsibilities: Oversee compliance with the SRA Accounts Rules and ensure financial stability within the firm. Monitor financial transactions to detect and prevent breaches of regulatory requirements. Maintain accurate financial records and ensure proper use of client funds. Collaborate with the Compliance Officer for Legal Practice (COLP) and other senior management to develop and implement compliance strategies. Conduct regular internal audits and liaise with external auditors as required. Provide training and guidance to staff on financial compliance matters. Report any significant breaches or financial risks to the SRA in a timely manner. Keep up to date with changes in relevant financial regulations and implement necessary policy updates. Ensure the firm’s financial policies and procedures are effectively communicated and adhered to. Required Skills & Qualifications: Previous experience as a Financial Director or COFA in a similar role within a law firm. Strong knowledge of SRA Accounts Rules and financial compliance within the legal sector. Relevant qualifications in finance, accounting, or legal compliance (e.g., ACCA, CIMA, ICAEW) preferred but not essential. Excellent analytical and problem-solving skills. Strong communication skills to liaise with internal teams and external regulatory bodies. High level of integrity and professional ethics. Ability to work independently and as part of a team. Why Join Us? Be part of a reputable and dynamic legal firm in Manchester. Competitive salary and benefits package. Opportunities for professional growth and development. Supportive and collaborative work environment.41bf1e1f-b16b-4260-a40a-17c77a06fd15
Financial Director employer: The City Recruiter
Contact Detail:
The City Recruiter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Director
✨Tip Number 1
Familiarise yourself with the SRA Accounts Rules and recent changes in financial regulations. This knowledge will not only help you during interviews but also demonstrate your commitment to compliance and understanding of the legal sector.
✨Tip Number 2
Network with professionals in the legal finance sector, especially those who have experience as a Financial Director or COFA. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you successfully ensured compliance or improved financial processes. Being able to articulate these experiences will set you apart from other candidates.
✨Tip Number 4
Showcase your analytical and problem-solving skills by being ready to discuss how you've handled financial discrepancies or regulatory challenges in previous roles. This will highlight your capability to manage the responsibilities of the position effectively.
We think you need these skills to ace Financial Director
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Financial Director/COFA. Familiarise yourself with the SRA Accounts Rules and the specific compliance requirements within a legal context.
Tailor Your CV: Highlight your relevant experience in financial management and compliance within a law firm. Use specific examples that demonstrate your understanding of the SRA regulations and your ability to maintain financial stability.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the legal sector. Discuss how your skills align with the firm's needs and mention any previous successes in similar positions that showcase your qualifications.
Proofread Your Application: Ensure that your CV and cover letter are free from errors. A well-presented application reflects your attention to detail, which is crucial for the role of Financial Director. Consider asking a friend or colleague to review your documents before submission.
How to prepare for a job interview at The City Recruiter
✨Know Your Regulations
Familiarise yourself with the SRA Accounts Rules and any recent changes in financial regulations. Being able to discuss these confidently will demonstrate your expertise and commitment to compliance.
✨Showcase Your Experience
Prepare specific examples from your previous roles where you successfully managed financial compliance or conducted audits. This will help illustrate your capability and how you can add value to the firm.
✨Communicate Effectively
Practice articulating complex financial concepts in a clear and concise manner. Strong communication skills are essential for liaising with various stakeholders, so be ready to showcase this during the interview.
✨Demonstrate Integrity
Highlight your commitment to ethical standards and professional integrity. Discuss situations where you had to make tough decisions that aligned with regulatory compliance, as this is crucial for the role.
