Head of Accounts
3 weeks ago
We are looking to recruit a Head of Accounts for a permanent opportunity with a highly regarded law firm based in Stoke-on-Trent.
You will be responsible for manging the firm’s accounts function with the support of the accounts assistant and Directors.
**Key Responsibilities will include**:
**Accounts**
Input transactions and account movements on the firm’s case management system and update ledgers.
Provide and maintain accurate client and office account records as legal cashier.
Manage daily banking including office and client transfers.
Process a quarterly VAT return.
Perform a weekly bank reconciliation for office and client accounts.
Oversee the prompt closure of client files.
Produce monthly bank reconciliations.
Process and check CHAPS, BACS, Faster Payments and Cheques.
Liaise with the credit control function re outstanding client invoices.
Process our purchase ledger system
Monitor and pay referral fees upon completion.
Support with queries from fee earners.
Produce management reports/information for the Directors.
Liaise and assist with external accountants for the annual audit.
Process weekly and monthly payroll
Liaise with suppliers and ensure payment of firms invoices in a timely manner.
Manage completions transactions.
Provide appropriate, timely, accurate information to clients and suppliers as needed and take account of data protection and SAR regulations/principles.
Alert other team members to issues of quality and risk if and when noted.
Manage Accounts staff supervision including appraisals.
**Financial and Compliance**
Support the Directors in the monitoring and coordination of Practice finances.
Keep the Directors informed of all financial matters, as needed and as required.
Ensure that all information and communications taking place within accounting are managed in line with data protection, Risk Management, SAR and OFR principles.
Uphold all aspects of Beeston Shenton policies, procedures and legal/compliance requirements in relation to personal conduct, confidentiality and client care.
**Person Specification**
**Essential Requirements**:
Higher level Accounting Qualification AAT Level 3 or relevant experience.
Financial/Accounting skills e.g. monitoring cash flow, reconciliation, credit management etc.
Use of Microsoft Office - Word, Excel, PowerPoint, Outlook etc.
Trustworthy and reliable.
Ability to work on own initiative, managing high volumes and completing workloads.
Flexible, innovative approach.
Forward thinking and proactive.
Responds enthusiastically to opportunities.
Experience in managing an accounts function.
**Desirable Experience/Qualities**:
Business/Management/Supervisory qualification(s).
Knowledge of Xero accounting system.
Sound working knowledge of SRA/SAR and HMRC requirements and resolving issues.
Experience of liaison with company Accountants, Auditors and Assessors.
Experience of use and development of legal case management systems.
Experience of financial risk management within a legal environment.
Knowledge of Solicitors Accounts Regulations (SAR)
Budget monitoring and cost reduction planning.
Understanding of legal sector financial management.
Experience of using a Legal Case Management System, ideally LEAP.
**Benefits**
Sociable working hours, 9.00am - 5.00pm Monday to Friday with a 1 hour lunch break.
Regular social events
Great holiday allowance, plus Bank Holidays and a Birthday day off
No weekends or Bank Holidays
Great location and offices
Consideration to flexible/hybrid working
Company pension
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