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Legal Accounts Manager

The Recruiter Specialists Group Ltd
Posted a day ago, valid for 22 days
Location

London, Greater London E10 6EJ, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking an experienced Legal Accounts Manager for a reputable law firm in East London.
  • The role involves managing the accounting functions, ensuring compliance with Solicitors Accounts Rules, and preparing monthly management packs.
  • Candidates should have experience working in finance within a law firm, with a focus on accuracy, attention to detail, and strong interpersonal skills.
  • The position offers a salary of £50,000 - £60,000 per year and requires a minimum of 3 years of relevant experience.
  • A hybrid working arrangement is available after the probationary period.

We are currently seeking an experienced Legal Accounts Manager for a highly reputable, long established law firm in East London.

Role:

  • Managing the accounting functions of the firm with a small team.
  • Comprehensive knowledge of the Solicitors Accounts Rules and ensuring that the Employer is compliant.
  • Preparation of the Management Packs on a monthly basis to an agreed timetable, including key performance analysis.
  • Profit and Loss.
  • Variance reports on actual v forecast.
  • Cashflow statements and day to day cashflow management.
  • Month end journals.
  • Overhead reports.
  • Responsible for the payroll with outsourced payroll bureau.
  • Fee Earner reports.
  • Bank account reconciliations.
  • Deal with quarterly VAT returns.
  • Prepare and review budgets and forecasts.
  • Dealing with Aged Debt.
  • Managing the Purchase Ledger.
  • Managing the Employer’s company Credit Cards.
  • Processing Expense claims.
  • Finance Department Line Manager.
  • Day to day responsibility for Accounts staff including training and Appraisals.
  • Assistant COFA.
  • Responsible for providing new staff members with a comprehensive guide to the Finance Department and its role within the firm. Provide an introduction to posting time, KPI reports with all new Trainee’s and Fee-Earners.
  • All other Finance related work including covering for other staff within the Finance Department for holidays & sickness including Financial Postings, Bill Processing, Bank Reconciliations, Expenses and Credit Control.
  • Responsible for the Annual SAR report and liaising with the firms Auditors.
  • Liaising with the Partners & Fee-Earners dealing with their WIP, unbilled disbursements, unpaid bills, ACL reports & any other related matters.
  • Hybrid working arrangement available upon satisfactory completion of probationary period.

The Candidate is required to have:

  • Working knowledge of Case Management Systems and Microsoft Office.
  • Accuracy and attention to detail.
  • Experience working in finance in a law firm.
  • High levels of integrity, accuracy and the ability to handle sensitive and confidential information with discretion.
  • Strong interpersonal skills and be comfortable communicating at all levels.

For full details please contact Natalie Mayger at The Recruiter Specialists.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.