Senior Financial Director
4 weeks ago
A leading law firm in Birmingham is seeking an experienced Head of Finance to join their team on a full-time basis. As the Head of Finance, you will be responsible for managing the daily accounts of the business and dealing with all aspects of credit control.
Key Responsibilities:- Oversee daily accounting operations, including accounts payable, accounts receivable, and general ledger.
- Prepare and analyse monthly, quarterly, and annual financial statements in a timely manner with relevant accounting standards.
- Manage the consolidation of financial results from multiple entities within the group.
- Ensure compliance with accounting standards and regulatory requirements.
- Manage accounts receivable and payable processes to optimise cash flow.
- Monitor budget performance and provide variance analysis to management.
- Conduct financial analysis to identify trends, risks, and opportunities for improvement.
- Implement and maintain robust financial controls and procedures.
- Conduct regular audits of financial processes and reports to ensure accuracy.
- Identify financial risks and develop mitigation strategies.
- Ensure the firm's financial policies are robust and adhered to.
- Support insurance and compliance initiatives to protect the firm's assets.
- Supervise the accounting teams for each entity, providing guidance and support as needed.
- Foster a culture of continuous improvement within the finance department.
- Provide training and development opportunities to enhance team performance.
- Collaborate with other departments to provide financial insights and support strategic initiatives.
- Communicate financial information effectively to non-financial stakeholders.
- Bachelor's degree in Finance, Accounting, or Business Administration.
- Minimum 4 years of experience in finance within a law firm.
- Strong knowledge of financial regulations, SRA rules, and best practices in finance within a law firm.
- Attention to detail and accuracy in financial reporting.
- Proficient in financial software and Microsoft Excel.
- Experience working with Practice Management software.
The firm offers a competitive salary, 25 days holiday plus bank holidays, and a hybrid working arrangement. If you are an experienced Head of Finance based in or near Birmingham, please get in touch for confidential consideration or send your CV to rio@douglas-scott.
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