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Finance Director (Law firm)

Ref: : 24498894 (Additional Resources Ltd.)
Location: :

London - London

Rate: £85K (Permanent) +
Industries: Accountancy Firms
Functional Areas: Accountancy / Taxation

Finance Director (Law firm)

Location: London (EC postcode)

Salary: GBP 85,000 per year

Our client is one of the leading family law firms in the UK with a national and international reputation for its work in children and family law. They are seeking a Finance Director to provide strategic commercial and financial advice. You will support the Leadership Team on both a longer-term commercial and on a day-to-day basis, and run the firms Finance function. This role will be office based with one day working remotely. You will be reporting directly to all the Partners.

Requirements:

* Previous experience in a similar role.
* You must be a qualified accountant and experienced at Board level within a commercial professional services partnership environment
* Ideally, you will have knowledge and familiarity with the Solicitors Accounts Rules
* Experience in managing a Legal Aid Contract is desirable but not essential.
* Strategic awareness of business and commercial issues and the disciplines of Finance, BD, and HR


Responsibilities:

* Management of the annual SAR audit and accounts review and ensuring that any advice received is implemented.
* Managing the Finance team of three FTE and the outsourced bookkeeping team
* You must be able to take on the role of COFA and will deliver financial support to the firm
* As COFA, reporting all breaches, remedies, information to the allocated senior partner and the Leadership Team at least monthly and immediately if the breach is serious.
* You will be solely responsible for the bookkeeping and accounts of a Property Owning Partnership
* Producing statutory financial statements suitable for audit
* The annual budget cycle and production of budgets
* Managing cash flow by monitoring expenditure, supervising billing and credit control,
* Working Capital control and all bank facilities
* Working with the Practice Manager and costing team to efficiently operate the financial aspects of the firm`s Legal Aid contract
* Maintaining and developing efficient financial processes and procedures to ensure best practice and accounting controls.
* Establishing and maintaining external relationships with banks, auditors, and other providers of finance to review contracts and providers annually.
* Managing the renewal process of the Professional Indemnity Insurance and Practising Certificates.
* Providing a robust financial overview and analysis of the firm`s current and forecast financial health within the commercial context in the form of monthly management accounts with supporting information.


What`s On Offer:

* 25 Days Holiday Entitlement
* Pension
* Office based role with one day remote working


Important Information: We endeavour to process your personal data in a fair and transparent manner. In applying for this role, Additional Resources will be acting in your best interest and may contact you in relation to the role, either by email, phone or text message. For mor


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