At a Glance
- Tasks: Lead daily operations, ensuring smooth workflows and compliance in a dynamic accountancy practice.
- Company: Reputable accountancy firm in South East London with a focus on client service.
- Benefits: Competitive salary, professional development, and opportunities for strategic involvement.
- Other info: Opportunity to work closely with partners and influence the firm's future.
- Why this job: Join a respected team and play a key role in driving growth and client satisfaction.
- Qualifications: Experience in practice management and strong leadership skills required.
The predicted salary is between 50000 - 60000 £ per year.
An established and well-regarded accountancy and tax practice based in South East London is seeking an experienced Practice Manager to oversee the operational, financial and compliance functions of the firm. This is a senior, hands-on role working closely with the partners to ensure the smooth day-to-day running of the practice while supporting strategic growth and maintaining high standards of client service.
- Oversee the day-to-day operations of the practice, ensuring efficient workflows and processes
- Work closely with partners on strategic planning, financial performance and business growth
- Monitor WIP, billing, debtors and key performance indicators
- Ensure compliance with GDPR, AML regulations and professional standards
- Manage client onboarding and maintain strong client relationships
- Act as a key point of contact for clients and HMRC
- Conduct client tax review meetings and identify value-added opportunities
- Prepare or oversee the preparation of VAT returns, year-end accounts, corporate and personal tax returns
- Manage payroll and CIS delivery through the team
- Review client profitability and engagement suitability
- Support and oversee audit assignments, ensuring compliance with auditing standards
- Act as Responsible Individual (RI) where applicable, or work towards RI status with full partner support
- Identify operational efficiencies
Practice Manager employer: The Clear
Join a well-established accountancy and tax practice in South East London, where you will thrive in a supportive and collaborative work culture that prioritises employee growth and development. With a focus on strategic planning and operational excellence, this role offers the opportunity to make a significant impact while enjoying competitive benefits and a commitment to maintaining high standards of client service.
StudySmarter Expert Advice🤫
We think this is how you could land Practice Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the accountancy world, especially those who might know about openings. A personal recommendation can go a long way in landing that Practice Manager role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of compliance and operational efficiencies. We want you to showcase your expertise in managing client relationships and financial performance during those crucial conversations.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Apply through our website for the best chance at landing the job! We make it easy for you to showcase your skills and experience directly to the hiring team, so don’t miss out on that opportunity.
We think you need these skills to ace Practice Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Practice Manager role. Highlight your experience in overseeing operations, financial performance, and compliance functions. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific experiences that relate to strategic planning and client management, as these are key aspects of the role.
Showcase Your Compliance Knowledge:Since compliance is a big part of this role, make sure to mention your familiarity with GDPR, AML regulations, and professional standards. We love candidates who can demonstrate their understanding of these important areas!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at The Clear
✨Know Your Numbers
As a Practice Manager, you'll be dealing with financial performance and key performance indicators. Brush up on your financial knowledge and be ready to discuss how you've improved financial processes in previous roles. This shows you understand the core of the job.
✨Demonstrate Compliance Savvy
Familiarise yourself with GDPR, AML regulations, and professional standards relevant to accountancy. Be prepared to share examples of how you've ensured compliance in past positions. This will highlight your attention to detail and commitment to maintaining high standards.
✨Client Relationship Focus
Since managing client relationships is crucial, think of specific instances where you've successfully onboarded clients or resolved issues. Share these stories during the interview to showcase your interpersonal skills and ability to maintain strong client connections.
✨Strategic Thinking
The role involves working closely with partners on strategic planning. Prepare to discuss your experience in identifying operational efficiencies and supporting business growth. Bring examples of how your strategic input has led to positive outcomes in previous roles.
