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Financial reporting & controls manager

Wolverhampton (West Midlands)
Gleeson Accountancy Recruitment
Reporter
€60,000 a year
Posted: 27 April
Offer description

Overview

On an exclusive basis, Greenwell Gleeson are recruiting for a Financial Reporting & Controls Manager to work with a rapidly growing, Private Equity backed Law Firm based in Wolverhampton.


Responsibilities

* To prepare consolidated and entity level financial statements in compliance with accounting standards (UK GAAP) and Solicitors Accounts Rules
* To manage month end reporting activities, including balance sheet account reconciliations and cash flow analysis
* To oversee operational management of purchase ledger, fixed assets register, Payroll and VAT, PAYE, corporation tax control accounts
* To oversee cash management including handling of client funds, cash flow modelling and net working capital optimisation
* To use technical understanding of accounting principles to develop financial policies, strengthen controls, enhance governance practices, drive improvements in financial reporting processes
* To develop a financial risk and controls framework to improve identification, monitoring and reporting of financial risks and controls effectiveness
* To oversee and control the centralized accounting system to ensure that accounts and general ledger are effectively managed
* To coordinate corporation tax compliance with tax advisers and to prepare quarterly VAT return
* To manage debt covenant reporting including preparation of quarterly compliance certificates
* To coordinate and manage the external audit and Solicitors Regulation Authority accountants report
* To ensure the firm is fully compliant with Solicitors Accounts Rules
* To support preparation of accounting papers for the group’s Audit Committee
* To support the planning and integration of acquisitions into the finance environment
* To collaborate with finance colleagues and key stakeholders to promote a culture of compliance and transparency
* To evaluate procedures and technology solutions to improve the management of the finance function
* To recruit, train, supervise, develop and manage finance department staff


Qualifications

* Associated finance qualification essential
* Could be a first mover from practice or a second mover
* 5+ years of experience in practice or legal services business
* Excellent technical knowledge of accounting standards and principles (FRS 102)
* Knowledge of Solicitors Accounts Rules beneficial
* Preparation of consolidated financial statements
* Experience of merger and acquisitions planning and integration beneficial
* Coordination and management of external audit
* Experience of managing & monitoring financial risks, controls & compliance reporting
* Experience in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures
* Proficient with Microsoft applications
* Experience with ACA/ACCA qualification and 3-5 years PQE


Company Benefits

Pension 5% employer, 3% employee, hybrid working, BUPA, 30 days holiday + bank holidays

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