Financial Reporting & Controls Manager

Job description, work day and responsibilities

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

Duties of the role will include:

• 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 centralised 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

Skills, Requirements, 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 and monitoring financial risks, controls and compliance reporting• Experience in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.• Proficient with Microsoft applicationsCompany Benefits:Pension 5% employer, 3% employee , hybrid working, BUPA, 30 days holiday + BHExperience Required: Qualified ACA/ ACCA with 3-5 years PQEOffer ID:

#2125 , Published:

7 months ago , Company registered:

7 months ..... full job details .....