Financial Compliance Manager

SF Recruitment; East Midlands; On-site; GBP 50,000 - 60,000; Full time

Job summary

A Financial and Legal Services Firm in Derby is seeking a Financial Compliance Manager to ensure compliance with Solicitors Regulation Authority (SRA) Accounts Rules. Responsibilities include managing transactions, overseeing reconciliations, and maintaining accounting records. The ideal candidate will have strong knowledge of the SRA Accounts Rules, experience in UK law firms, and high attention to detail. This is a full-time permanent position offering a salary of £50,000 - £60,000.

Qualifications

• Experience managing client accounts within a UK law firm or business that holds client money.
• Proven ability to reconcile client accounts accurately.
• Ability to manage confidential and sensitive information.

Responsibilities

• Ensure full compliance with the SRA Accounts Rules and relevant regulatory requirements.
• Manage daily client account transactions including receipts, payments, and transfers.
• Oversee client account reconciliations (daily/weekly/monthly) and resolve discrepancies.
• Maintain accurate accounting records for client and office accounts.
• Prepare reports for senior management.
• Support internal and external audits and regulatory inspections.

Skills

Strong knowledge of the SRA Accounts Rules

High level of attention to detail

Strong analytical and problem-solving skills

Competent user of legal accounting systems

Tools

Microsoft Excel

Job description

Financial Compliance Manager

Full Time, Permanent

£50,000 - £60,000

SF Recruitment are delighted to be working with a Financial & Legal services business in Derby in their search for a Financial Compliance Manager. As the Financial Compliance Manager you will be responsible for ensuring full compliance with the Solicitors Regulation Authority (SRA) Accounts Rules, overseeing the day-to-day operation of client accounts, and safeguarding client money within the firm.

Key Responsibilities

• Ensure full compliance with the SRA Accounts Rules and relevant regulatory requirements.
• Manage daily client account transactions including receipts, payments, and transfers.
• Oversee client account reconciliations (daily/weekly/monthly) and resolve discrepancies.
• Maintain accurate accounting records for client and office accounts.
• Prepare reports for senior management.
• Support internal and external audits and regulatory inspections.
• Review and approve client money movements and high-risk transactions.
• Provide guidance and training to staff on client money handling procedures.
• Identify and escalate breaches or risks promptly.
• Assist with policy development and continuous improvement of financial controls.

The ideal Financial Compliance Manager

• Strong knowledge of the SRA Accounts Rules.
• Experience managing client accounts within a UK law firm or business that holds client money.
• Proven ability to reconcile client accounts accurately.
• High level of attention to detail and integrity.
• Strong analytical and problem-solving skills.
• Ability to manage confidential and sensitive information.
• Competent user of legal accounting systems and Microsoft Excel.