We're currently working with a client based near Wetherby looking for a Head of Finance. The role is focused on providing accurate, timely, and efficient management accounts and legal cashiering services to the business.
Responsibilities
* Management of accounts team and functions, including two part-time members of staff.
Management Accounts
* Production of monthly financial reports (profit and loss, balance sheet, cash flows, budgets) to include processing:
* Bank and control account reconciliations between various systems
* Posting of month-end journals
* Monthly work in progress analysis and adjustments in accounts software
* Timely reporting to Directors on at least a monthly basis
* Production of VAT returns and online submission
Legal Cashiering
* Posting and management of client accounts
* Assisting with clients' funds, including source of funds and completions
* Bank reconciliation on office and client bank accounts
* Monitoring of accounts for compliance with Solicitors’ Accounts Rules
* Assist team with billing clients
* Raise and send invoices to clients and manage monthly billing, including assisting clients on billing queries.
* Monitor Accounts Receivable and instigate Credit Control, as required.
* Assisting and supervising finance staff with purchase ledger process which includes:
* Processing and analysing supplier invoices, as required
* Aged credit reporting
* Supplier analysis
* Approving invoices for payment, weekly
* Setting up regular payments as direct debits
* Setting up of bank payments through online banking
* Payments as required for the payment of bills and payment requests
* Calculation of consultant commissions and produce self-billing invoices
* Negotiation of prices/terms of contracted services from suppliers
* Procurement management
Banking
* Managing bank relationships
* Processing and approving payments
* Setting up direct debit mandates
* Payment of staff salaries and expenses
Time Management & Reporting
* Maintenance of fee earner rates
* Development and maintenance of accounts processes
* Production of weekly and monthly time reports for chargeable staff (shows all time recorded on system per fee earner)
Systems & Processes
* Continual review of systems, processes, and software
* Recommend improvements and efficiency gains
* Train staff on new systems and processes
Ad Hoc Duties
* Preparing and gathering all data for external year-end accounts and SRA audit
* Training staff
* Archiving
* Insurance renewals
* Any other duty seen which is a natural extension of usual financial management and cashiering duties as required to fulfil the main role
Communication
* Work collaboratively with the team, including staff members at all levels of experience and knowledge
* Cultivate relationships with the team
* Adhere to company policies and procedures, and health and safety procedures at all times.
* Support the development and implementation of company policies and procedures, and health and safety procedures at all times.
Seniority Level
Mid-Senior level
Employment Type
Full-time
Job Function
Accounting/Auditing
Industries
Human Resources Services and Accounting
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