Financial Reporting & Controls Manager

Greenwell Gleeson; Wolverhampton; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A top-tier financial services firm in Wolverhampton is seeking a Financial Reporting & Controls Manager. You will manage financial statements, month-end reporting, and risk controls. The ideal candidate has a finance qualification, over 5 years' experience, and is proficient in accounting standards. The role offers a hybrid work model along with a competitive benefits package including pension and generous holidays.

Benefits

Pension 5% employer contribution

Hybrid working

BUPA health insurance

30 days holiday + bank holidays

Qualifications

• 5+ years of experience in practice or legal services business.
• Knowledge of Solicitors Accounts Rules beneficial.
• Experience with mergers and acquisitions planning preferred.

Responsibilities

• Prepare consolidated and entity level financial statements.
• Manage month end reporting activities including cash flow analysis.
• Oversee operational management of financial functions.

Skills

Technical knowledge of accounting standards

Experience in financial risk management

Proficient with Microsoft applications

Education

Associated finance qualification

ACA/ACCA qualification with 3-5 years PQE

Job description

Overview

On an exclusive basis, Greenwell Gleeson are recruiting for a Financial Reporting & Controls Manager to work with a rapidly growing, Private Equity backed Law Firm based in Wolverhampton.

Responsibilities

• 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 centralized 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

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
• Experience with ACA/ACCA qualification and 3-5 years PQE

Company Benefits

Pension 5% employer, 3% employee, hybrid working, BUPA, 30 days holiday + bank holidays