About the role
Job Description
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Head of Finance (Hertfordshire)
Specialist law firm renowned for its professional service across a wide range of commercial, private and public sector clients is recruiting for a new Head of Finance.
What’s On Offer:
- Competitive salary
- Hertfordshire location
- Excellent benefits
- Hybrid working (3 days office / 2 days remote)
The role requires a qualified accountant with significant leadership experience within a law firm, together with a strong understanding of legal finance, partnership accounting and the Solicitors Accounts Rules (SAR). Reporting into the Managing Partner, the Head of Finance will oversee an Accounts team of 3 whilst working with the firm’s outsourced accountants. There will be a strong focus on revamping the finance structure, improving processes, and project management.
Head of Finance – What You’ll Be Doing:
- Oversee transactional and financial accounting, ensuring robust controls are in place
- Manage all banking functions, including cash reporting, forecasting and reconciliations
- Lead the year-end accounting, audit and statutory reporting processes
- Oversee all tax compliance, including VAT, PAYE, Corporation Tax and Partners’ Tax
- Prepare clear financial reports and recommendations for Partners’ meetings
- Attend monthly management accounts meetings, working with the Managing Partner to ensure key financial information is shared with Equity Partners
Head of Finance – What We’re Looking For:
- Qualified accountant (ACA, ACCA xwzovoh or equivalent)
- A key influencer who is able to deliver finance leadership within a law firms and challenging key stakeholders
- Successful track record of managing legal accounts teams
- Strong and confident knowledge of legal compliance procedures in line with the SRA, current COFA experience preferred
- Ability to interpret budget, accounting and fiscal procedures, policies and regulations
- In-depth knowledge and understanding of accounting, budgeting and auditing principles and procedures
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