Practice Manager

2 weeks ago


Peterborough Cambridgeshire, United Kingdom Cooper Lomaz Recruitment Ltd Full time

We are working with a top law firm in Beford who are looking to add an experienced Practice Manager to their Senior Leadership Team.

Reporting to the firm's Board of Directors & CEO, the successful Practice Manager will handle a diverse and challenging workload to facilitate the delivery of the practice's legal services. Duties may include but not be limited to:

  1. Management of the finance department and back office
  2. Day-to-day and annual responsibility for the firm's accounts
  3. Advice on regulatory compliance including SRA and SAR's
  4. Organisation of the firm's insurance, accreditation, and practising certificate renewals
  5. Attending Board meetings
  6. Negotiating with third-party suppliers and developing organizational 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 practice's 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 skills
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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