Financial Manager

5 hours ago


London, Greater London, United Kingdom Financial Staffing Solutions Full time
Job Description

This is an excellent opportunity to join a well-established professional services firm as a Financial Manager. You will be responsible for managing the finance and administration function, reporting to the Management Board.

About the Role

The successful candidate will have a strong background in finance, preferably within a professional services firm. You will possess excellent communication and leadership skills, with the ability to manage a team of accountants and credit controllers.

Responsibilities
  • Manage the production of practice accounts, annual budget, cash flow, performance statistics, work in progress control, and bad debt provision.
  • Review and evaluate accounting systems, processes, and controls, and recommend improvements.
  • Prepare statutory accounts for three companies and arrange and coordinate audit as required.
  • Manage end-of-quarter billing process and report to partners.
  • Prepare papers and financial reports for the board, including profit sharing, distributions, and calculation of reserves.
  • Maintain treasury function to optimize interest return and liaise with bank contacts.
  • Manage credit control function, debtor collection, and fee disputes.
  • Manage financial aspects relating to retired partners.
  • Direct line responsibility for the performance of the practice accounting staff and credit control staff.
  • Contractual matters, including insurance, professional indemnity insurance, and equipment hire or finance agreements.
  • Manage relationship with outsourced IT provider and maintenance company.
  • Responsible for the firm's health and safety, ensuring all legal obligations are met.
Benefits

The salary for this position is £80,000 - £100,000 per annum, depending on experience. In addition to a competitive salary, we offer a range of benefits, including pension scheme, life assurance, and private healthcare.



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