Practice Manager
3 weeks ago
Reporting to the firms Board of Directors & CEO, the successful Practice Manager will handle a diverse and challenging workload to facilitate the delivery of the practices' legal services. Duties may include but not be limited to: management of the finance department and back office;
day-to-day and annual responsibility for the firms' accounts;
advice on regulatory compliance including SRA and SAR's;
organisation of the firm's insurance, accreditation and practising certificate renewals;
attending Board meetings;
negotiating with third party suppliers and developing organisational and performance systems. Excellent organisational skills and the ability to find solutions to complex issues will therefore be essential. This is a hands-on role suited to a dedicated professional who thrives under pressure and would like to become an integral part of a practices continued success.
Candidate specification
Candidates should ideally have:
* Previous relevant experience within the legal environment
* A comprehensive understanding of the Solicitor Accounts Rules and an overview of the general obligations of the SRA Handbook
* Held the post of COFA
* Excellent verbal and written communication skills
* The ability to adhere to and manage deadlines with minimal supervision
* Strong IT skill Main Responsibilities
* Lexcel applications
* Internal training to ensure Lexcel compliance
* Updating TOBs, office policies and procedures as and when required and in line with Lexcel, CQS and SRA guidelines
* Maintain the firm's website - staff profiles, content updates, recruitment pages etc
* Prepare and provide information to the firm's accountants for annual SAR's audit and year end accounts
* VAT returns
* Corporation Tax instalments
* Payroll
* NI/Tax payments due to HMRC
* Maintain/update staff benefits scheme
* CQS applications
* Practising certificate bulk renewal application
* PII renewal
* Cyber Insurance renewal
* P&O Insurance renewal
* Finance arrangements
* SRA applications when required
* Supervision of accounts team, reception staff/post room
* Team appraisals
* Provide support to staff in relation to software/systems including P4W, Bundledocs, Legl ID checks, Formshare etc
* Checking and authorising TT's/BACs from the client account (approx.30-50 per day/60-80 on a Friday)
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