At a Glance
- Tasks: Manage finance operations, oversee billing, and support team leaders in a dynamic law firm.
- Company: Join TLT, a fast-growing law firm with a collaborative culture and innovative clients.
- Benefits: Competitive day-rate, exposure to diverse finance areas, and a supportive work environment.
- Why this job: Gain valuable experience in legal finance while contributing to impactful projects.
- Qualifications: Legal finance management experience and proficiency in Microsoft Office, especially Excel.
- Other info: Opportunity for career growth in a diverse and inclusive workplace.
The predicted salary is between 48000 - 72000 Β£ per year.
We are seeking a Contract Legal Finance Manager to join our Operational Finance team on an initial 3β6 month contract. Reporting directly to the Head of Operational Finance, you will work closely with managers across all finance functions to ensure the smooth day-to-day running of Accounts Receivable, Accounts Payable, Billing, Credit Control, and Supplier Payments. This role is critical in maintaining business-as-usual operations while supporting the team managers as they focus on a major project to replace our current finance system.
This is a rare opportunity to gain exposure to all areas of finance operations within a large law firm, and a strong sense of prioritisation and flexibility are a must for the successful candidate. This role is based in Bristol and requires office attendance. Individuals must reside within commutable distance to our Bristol office. You will be paid on a day-rate via an umbrella company.
Your Role
- Travel Approvals β Review and approve/reject all out-of-policy travel spend and inter-office travel.
- Payment Approvals β Authorise all payment runs for the Purchase Ledger team via Barclays.net.
- Rota Planning β Manage weekly team schedules to ensure full coverage.
- Cashflow Management β Update daily cashflow forecasts with expected income and expenditure.
- Bank Reconciliations β Complete daily reconciliations and post standing orders/direct debits.
- Client Account Reconciliations β Perform and sign off monthly reconciliations.
- Performance Reporting β Prepare monthly stats, KPIs, and financial control reports.
- Risk & Finance Reporting β Collate PowerPoint slides for partner meetings.
- Receipts Review β Monitor third-party payor receipts and act as escalation point.
- Trust Account Oversight β Conduct monthly reviews and manual reconciliations of sole accounts.
- Team Oversight β Manage Topdesk ticketing system across all teams.
- Debt Management β Review βno chaseβ debt list and oversee monthly debt provisions.
- Policy Queries β Handle queries related to debt retention policy and reporting.
- Billing Management β Oversee complex billing queries, attend issue-resolution meetings, and manage month-end billing cycles, including prioritisation and resourcing.
- E-Billing β Oversee the E-billing ledger and attend monthly meetings.
- Revenue Control β Oversee the Revenue Controllers, produce monthly KPIβs and track progress.
Your Skills and Experience
- Legal finance experience in a management/team leader position.
- Experience on SOS (Solicitors Own Software) finance platforms.
- Strong initiative, teamwork ethic, adaptability and flexibility.
- Proficiency in Microsoft Office, specifically Excel.
- Ability to work well under pressure and to tight deadlines while managing multiple tasks.
- Strong communication skills at all levels.
- Leadership capability with coaching and supporting a team both in person and remotely.
- Ability to think laterally to solve problems within an evolving finance team.
About TLT
Fast-paced, fast-growing and forward-thinking, TLT is the law firm that helps clients stay one step ahead, and we do the same for our people. We work with high-profile clients in innovative sectors. With local, national and international reach, we have over 1,800 people in offices across the UK and a network of partner firms across Europe, India and the US.
TLT was named Law Firm of the Year at the Legal Business Awards 2023, the third year in a row at industry awards β having previously been named Law Firm of the Year at The Lawyer Awards in 2021 and the British Legal Awards in 2022. Our purpose is to protect, prepare and progress our clients for what comes next and itβs essential that we do the same for our people, our planet and our communities too.
In our open and collaborative culture, we encourage everyone to be their whole self, to have a voice and to contribute.
Equality and Inclusion
TLT is committed to creating a diverse and inclusive working environment and encourages applications from all suitably qualified people, regardless of disability, race, gender identity, sexual orientation, or any other characteristics protected by the laws in the locations in which we operate. We welcome applications from people with disabilities and are committed to providing reasonable adjustments, where necessary, to make interviews and jobs more accessible.
Should you have any difficulty during the recruitment process, require any reasonable adjustments, or an application to Access to Work, please contact the recruitment team on Recruitment.Operations@TLT.com.
Contract Legal Finance Manager employer: TLT LLP
Contact Detail:
TLT LLP Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Contract Legal Finance Manager
β¨Tip Number 1
Network like a pro! Reach out to your connections in the legal finance sector and let them know you're on the hunt for a role. You never know who might have the inside scoop on opportunities at firms like TLT.
β¨Tip Number 2
Prepare for those interviews! Research TLT's recent projects and their approach to finance operations. Being able to discuss how your skills align with their needs will definitely give you an edge.
β¨Tip Number 3
Show off your adaptability! In your conversations, highlight examples of how you've successfully managed multiple tasks under pressure. This is key for a role that requires flexibility and prioritisation.
β¨Tip Number 4
Apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining the TLT team.
We think you need these skills to ace Contract Legal Finance Manager
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Contract Legal Finance Manager role. Highlight your legal finance experience and any relevant management skills. We want to see how your background fits 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 at TLT. Share specific examples of your achievements in finance and how they relate to the tasks mentioned in the job description.
Showcase Your Skills: Donβt forget to highlight your proficiency in Microsoft Office, especially Excel. Mention any experience you have with SOS finance platforms too. We love seeing candidates who can hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you donβt miss out on any important updates from us!
How to prepare for a job interview at TLT LLP
β¨Know Your Finance Basics
Make sure you brush up on your finance fundamentals, especially those related to accounts receivable and payable. Familiarise yourself with the specific finance systems mentioned in the job description, like SOS, as this will show your potential employer that you're ready to hit the ground running.
β¨Demonstrate Leadership Skills
Since this role involves team oversight, be prepared to discuss your leadership experiences. Think of examples where you've successfully managed a team or resolved conflicts. Highlight your ability to coach and support team members, both in person and remotely.
β¨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills under pressure. Prepare scenarios where you had to manage multiple tasks or tight deadlines. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
β¨Show Your Communication Prowess
Strong communication is key in this role. Be ready to share examples of how you've communicated complex financial information to non-financial stakeholders. This will demonstrate your ability to bridge gaps and ensure everyone is on the same page.