Financial Compliance Manager

SF Recruitment Limited t/a SF Group; East Midlands; On-site; GBP 50,000 - 60,000; Full time

Job summary

A financial and legal services company in Derby is looking for a Financial Compliance Manager. The role involves overseeing compliance with the Solicitors Regulation Authority Accounts Rules and managing client accounts. Candidates should have strong knowledge of these regulations, experience in a UK law firm, and strong analytical skills. This opportunity offers a salary of £50,000 - £60,000 and a permanent, full-time contract.

Qualifications

• 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.

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 and resolve discrepancies.
• Prepare reports for senior management.
• Support audits and regulatory inspections.

Skills

Strong knowledge of the SRA Accounts Rules

Strong analytical and problem-solving skills

High level of attention to detail and integrity

Ability to manage confidential and sensitive information

Experience managing client accounts within a UK law firm

Competent user of legal accounting systems and 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.