Head of Accounts

Our client is seeking a Head of Accounts to oversee the comprehensive financial management of their law firm. This pivotal role ensures accurate bookkeeping, regulatory compliance, cash-flow stability, and strategic financial planning. The successful candidate will manage daily accounting operations, including accounts payable and receivable, invoicing, and reconciliations. They will be responsible for maintaining the general ledger and preparing monthly, quarterly, and annual financial statements, while also monitoring budgets and financial performance against targets. Additionally, the Head of Accounts will ensure adherence to Professional Accounts Rules and manage client accounts, including the preparation of documentation for regulatory audits. With a focus on billing and revenue management, this role also involves overseeing payroll, staff expenses, and collaborating with HR on employee benefits. Our client values proactive involvement in strategic planning and advisory, where the Head of Accounts will contribute to financial forecasts and operational improvements.

Job Duties:

• Manage day-to-day accounting operations, including accounts payable/receivable and reconciliations.
• Maintain the general ledger and prepare periodic financial statements.
• Oversee cash flow and ensure sufficient liquidity for firm operations.
• Monitor budgets, expenses, and financial performance against targets.
• Prepare financial reports for partners to support decision-making.
• Ensure compliance with Professional Accounts Rules.
• Manage and reconcile client accounts, ensuring money segregation.
• Prepare documentation for regulatory audits and liaise with external auditors.
• Oversee time recording, billing cycles, and credit control processes.
• Work with fee-earners to minimise billing delays and streamline workflows.
• Manage payroll, staff expenses, and pension contributions.
• Coordinate with HR on salary reviews and benefits.
• Improve financial processes and data security using accounting software.
• Provide forecasts, budgeting support, and pricing model advice.

Job Requirements:

• Strong understanding of legal accounting principles.
• High accuracy and attention to detail.
• Strong communication and analytical skills.
• Proficiency with accounting and legal practice software.
• Ability to manage multiple priorities.
• Accounting qualification preferred (AAT, ACCA, CIMA).
• 3–5 years of accounting experience, ideally in legal or professional services.
• Knowledge of client account rules.

What You’ll Love:
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This role offers the opportunity to play a key part in maintaining the firm's financial integrity. You will work in a collaborative environment with ample chances to develop your skills, especially in the realm of financial management and compliance. The organisation prioritises professional growth, providing training and development opportunities to enhance your career.

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