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Date Added: Wed 01/01/2025

Financial Reporting & Controls Manager

Wolverhampton, UK
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Company: GREENWELL GLEESON

Job Type: Permanent, FullTime

Salary: £60,000 - £65,000 per annum

On an exclusive basis, 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 staff

Skills, Requirements, Qualifications

  • Associated finance qualification essential

  • Could be a first mover from practice or a second mover

  • 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 applications

Greenwell Gleeson Ltd is acting as an Employment Business in relation to this vacancy.
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