Financial Compliance Manager
Full Time, Permanent
£50,000 - £60,000
Full Time, Permanent
SF Recruitment are delighted to be working with a Financial & Legal services business in Derby in their search for a Financial Compliance Manager. As the Financial Compliance Manager you will be responsible for ensuring full compliance with the Solicitors Regulation Authority (SRA) Accounts Rules, overseeing the day-to-day operation of client accounts, and safeguarding client money within the firm.
Key Responsibilities
- Ensure full compliance with the SRA Accounts Rules and relevant regulatory requirements.
- Manage daily client account transactions including receipts, payments, and transfers.
- Oversee client account reconciliations (daily/weekly/monthly) and resolve discrepancies.
- Maintain accurate accounting records for client and office accounts.
- Prepare reports for senior management.
- Support internal and external audits and regulatory inspections.
- Review and approve client money movements and high-risk transactions.
- Provide guidance and training to staff on client money handling procedures.
- Identify and escalate breaches or risks promptly.
- Assist with policy development and continuous improvement of financial controls.
The ideal Financial Compliance Manager:
- Strong knowledge of the SRA Accounts Rules.
- Experience managing client accounts within a UK law firm or business that holds client money
- Proven ability to reconcile client accounts accurately.
- High level of attention to detail and integrity.
- Strong analytical and problem-solving skills.
- Ability to manage confidential and sensitive information.
- Competent user of legal accounting systems and Microsoft Excel