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- Tasks: Manage finances, prepare reports, and support budgeting in a dynamic law firm.
- Company: Established boutique law firm in Central London with a collaborative environment.
- Benefits: Flexible working with 3 days from home, competitive salary, and career progression.
- Other info: Great opportunity for growth and to work closely with senior stakeholders.
- Why this job: Step up your finance career while making an impact in the legal sector.
- Qualifications: Current experience in a law firm and strong accounting skills required.
The predicted salary is between 55000 - 65000 £ per year.
Totum Partners is working with an established boutique Law firm to recruit a Finance Manager for their London office. They are keen on candidates currently working as Accountants in smaller Law firms, looking to take a step up to Finance Manager. It is beneficial, but not essential to be fully ACCA/ACA/CIMA-qualified.
Finance Manager Responsibilities:
- Preparation of monthly management accounts, including commentary and analysis for senior, non-financial stakeholders
- Support the production of budgets and forecasts, and monitor financial performance vs budgeted/forecasted figures
- Assist the firm's Compliance Officer, ensuring adherence to SRA Accounts Rules
- Production and presentation of regular financial reports for Partners and senior stakeholders
- Work closely with credit control and billers to ensure timely completion of work
- Liaise with Partners and Fee Earners, performing ad-hoc analysis and monitoring WIP
- Assist with audit preparations and liaise with external Auditors
Finance Manager Experience:
- APPLICANTS MUST BE CURRENTLY WORKING IN A LAW FIRM
- Strong SRA Accounts Rules knowledge
- Strong technical accounting skillset and experience, in addition to communication and stakeholder management skills
- Knowledge of partnership accounting/taxation is highly desirable
Finance Manager with Boutique Law Firm employer: Totum
Contact Detail:
Totum Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager with Boutique Law Firm
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal sector and let them know you're on the hunt for a Finance Manager role. Personal recommendations can make all the difference, so don’t be shy about asking for introductions.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of SRA Accounts Rules and partnership accounting. We want you to feel confident discussing these topics, as they’re crucial for the role. Practice common interview questions with a friend or in front of the mirror!
✨Tip Number 3
Showcase your communication skills! As a Finance Manager, you'll need to present financial reports to non-financial stakeholders. Think about how you can explain complex financial concepts in simple terms during your interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Finance Manager position!
We think you need these skills to ace Finance Manager with Boutique Law Firm
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in law firms, especially if you've worked as an Accountant. We want to see how your skills align with the Finance Manager role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this Finance Manager position. Mention your knowledge of SRA Accounts Rules and any experience with budgeting and forecasting that will impress us.
Showcase Your Stakeholder Management Skills: Since you'll be working closely with Partners and Fee Earners, it's crucial to demonstrate your communication skills. In your application, give examples of how you've successfully managed relationships with non-financial stakeholders in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Totum
✨Know Your Numbers
As a Finance Manager, you'll be expected to handle numbers like a pro. Brush up on your technical accounting skills and be ready to discuss how you've prepared management accounts or budgets in your previous roles. Be specific about your contributions and the impact they had on the firm.
✨Understand the SRA Accounts Rules
Since strong knowledge of SRA Accounts Rules is crucial for this role, make sure you can articulate your understanding of these regulations. Prepare examples of how you've ensured compliance in your current position, as this will show that you're not just familiar with the rules but can also apply them effectively.
✨Communicate with Confidence
You'll need to present financial reports to senior stakeholders, so practice explaining complex financial concepts in simple terms. Think about how you can convey your analysis and insights clearly, especially to non-financial partners. This will demonstrate your ability to bridge the gap between finance and other departments.
✨Showcase Your Stakeholder Management Skills
In this role, liaising with Partners and Fee Earners is key. Prepare to discuss how you've built relationships and collaborated with various stakeholders in your current law firm. Highlight any instances where your communication skills helped resolve issues or improve processes, as this will show your value in a team setting.