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Date Added: Wed 05/02/2025

Financial Reporting & Controls Manager

Wolverhampton, UK
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Company: GREENWELL GLEESON

Job Type: Permanent, FullTime

Salary: £65,000 - £75,000 per annum

greenwellgleeson are recruiting for a Financial Reporting & Controls Manager to work with a rapidly growing, Private Equity backed Law Firm based in Wolverhampton. Duties of the role will include: * To prepare consolidated and entity level financial statements in compliance with accounting standards (UK GAAP) and Solicitors Accounts Rules* To manage month end reporting activities, including balance sheet account reconciliations and cash flow analysis* To oversee operational management of purchase ledger, fixed assets register, Payroll and VAT, PAYE, corporation tax control accounts* To oversee cash management including handling of client funds, cash flow modelling and net working capital optimisation * To use technical understanding of accounting principles to develop financial policies, strengthen controls, enhance governance practices, drive improvements in financial reporting processes* To develop a financial risk and controls framework to improve identification, monitoring and reporting of financial risks and controls effectiveness* To oversee and control the centralised accounting system to ensure that accounts and general ledger are effectively managed* To coordinate corporation tax compliance with tax advisers and to prepare quarterly VAT return* To manage debt covenant reporting including preparation of quarterly compliance certificates* To coordinate and manage the external audit and Solicitors Regulation Authority accountants report* To ensure the firm is fully compliant with Solicitors Accounts Rules* To support preparation of accounting papers for the group's Audit Committee* To support the planning and integration of acquisitions into the finance environment* To collaborate with finance colleagues and key stakeholders to promote a culture of compliance and transparency* To evaluate procedures and technology solutions to improve the management of the finance function* To recruit, train, supervise, develop and manage finance department staffSkills, Requirements, Qualifications* Associated finance qualification essential* Ideally a Second Mover or Strong Technical Accountant* 5+ years of experience in practice or legal services business* Excellent technical knowledge of accounting standards and principles (FRS 102)* Knowledge of Solicitors Accounts Rules beneficial* Preparation of consolidated financial statements* Experience of merger and acquisitions planning and integration beneficial* Coordination and management of external audit* Experience of managing & monitoring financial risks, controls & compliance reporting* Experience in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures. * Proficient with Microsoft applicationsGreenwell Gleeson Ltd is acting as an Employment Business in relation to this vacancy.
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