Job Description

• Review daily cash flow reporting and provide explanations of material movements
• Complete month end reporting in accordance with the agreed deadlines
• Ensure all Balance Sheet reconciliations are completed at every month end
• Interpret and provide insight into the historic financial performance of the firm to other stakeholders
• Ensure bank covenant reporting is completed and sent to the bank in accordance with our loan agreements
• Ensure Former Partner/EOT payments are paid on time and schedules kept up to date
• Place client money on account to maximize interest received
• Managing and overseeing the firm-wide budgeting process
• Ensure that the Company has adequate funds for its short and medium term needs.
• Oversee the production of an integrated P&L, Balance Sheet and Cash Flow model
• Consider spend in line with the Firms strategic goals
• Ensuring the Annual Report and year-end accounts are submitted to Companies House prior to the submission deadline
• Ensuring the SAR audit report is prepared and received back from the Auditors prior to the deadline date.
• Ensure the report is submitted to the SRA if necessary to do so
• Ensuring the year-end accounts are submitted to Companies House before the deadline date
• Ensuring that any recommendations on the Auditors management letter are reviewed and addressed in a timely manner
• Approve and oversee all year-end balance sheet reconciliations
• Review and implement changes in working practice so the audit can be completed in an efficient manner
• Responsible for ensuring all relevant tax is paid on time
• Liaise with auditors regarding tax calculations and ensure that the correct information is provided in a timely manner
• Provide information to the tax accountant for Capital Allowance work and disallowable expenses
• Ensure insurance policies are kept up to date and paid on time (incudes Office Insurance and Professional Indemnity Insurance)
• Provide relevant information at renewal to allow for renegotiation of costs
• Strategic and operational leadership of the firm’s finance function
• Ensuring effective financial control and appropriate management accounts are maintained
• Ensure that all performance reviews are completed for all members of the finance team.
• Management of the finance team, monitoring time keeping, attendance and performance
• Mentoring and, where necessary, training members of the finance team to ensure they are capable of providing a good level of service to the Firm.
• Ensure that the Budgets and Forecasts are in compliant with the banking covenants and suitable risk factors are considered to allow for headroom.
• Prepare and submit practicing certificates and payment with the help of the accounts asst.

Required Knowledge, Skills, and Abilities