Finance Director

Salary: £85,000 - £100,000 per annum
In line with achievement of agreed goals, there is also the opportunity to earn a further 20% of your salary via a bonus, typically issued quarterly.

Our client, a thriving, city centre law firm has an opportunity for an experienced Finance Director to work closely with the Founder & fellow Directors as a key part of the company's executive management team and contribute to the ongoing success of this remarkable company. You must have experience of helping to build or running a £10m plus turnover business and of a high growth company.

Our key point to raise is that this is a high growth business, successfully leading the market in a number of areas of law, growing at pace and increasing turnover at pace, via a low risk legal funder route to growth. The company is often 1st to enter new markets, with one department growing from 2 to 50 in the past 6 months, whilst new market areas are tested by a small team in order to inform the next area the company wishes to expand into.

We're looking for a professional, highly motivated Finance Director with hunger to build the business. You will have a minimum of 10 years' experience at FD level, with experience of helping to build or running a £10m plus turnover business, to oversee the finance and accounting department, to lead and develop a team.

You will be a natural leader, comfortable to take the reins where appropriate, openly contributing to the growth strategy and development of the business. As opposed to working in isolation as FD, you will look at the business holistically, and maintain an overview across all areas of the business.

You will be a solutions provider by nature, seeking out a way forward should challenges arise.
You will be the kind of person who is genuinely interested in getting involved in the business to help it grow, considered as a safe pair of hands to work with, someone who will have the businesses best interests at heart.

Our client also feels that it is essential that you are qualified.

Should you also have a background in a business which has dealt with consumer marketing, bringing in high volume sales, this would be an advantage.

A full job specification is available upon request, however to summarise, you will lead the Account Rules compliance strategy, manage financial compliance, ensure that the firm complies with any SRA Accounts Rules obligations and report any breaches.

The role will require you to:

Promote a culture of regulatory compliance, keeping abreast of any SRA Accounts Rules changes
Inform and advise the company managers and employees of their SRA Accounts Rules obligations
Act as the contact point for the SRA on Accounts Rules compliance issues
Actively participate in the companies 'Risk management group'
Ensure SRA Accounts Rules compliance, including drafting, maintaining and implementing policies and procedures, systems and controls and conducting risk assessments at appropriate intervals
Liaise, as required, with the companies COLP, complaints partner, negligence partner, money laundering compliance officer (MLCO), nominated officer, head of human resources, head of IT, data protection officer and all other relevant individuals within the firm to ensure:
consistency of approach; and
prompt and appropriate sharing of information, particularly in relation to compliance breaches.
Manage the reporting for all actual or suspected breaches of the SRA Accounts Rules, ensuring that:
any serious breaches are promptly reported to the SRA
the compliance breach reporting processes align with any other reporting mechanisms, eg whistleblowing or data breach reporting and enable solicitors, Registered European Lawyers (RELs) and Registered Foreign Lawyers (RFLs) to discharge their own SRA-reporting obligation by making an internal report to the COLP or COFA, where appropriate
Monitor compliance with the SRA Accounts Rules and with the companies SRA Accounts Rules compliance policies and processes, including:
conducting periodic compliance audits
routine monitoring of key compliance areas such as operation of client accounts, client billing, withdrawals from client account, correction of breaches, client accounting systems and controls, residual balances, use of the suspense ledger, receipt and transfer of costs, and allocation of mixed funds.
Maintain a central register of all SRA Accounts Rules compliance breaches to allow monitoring, and assessment of compliance systems and to identify patterns or trends that may constitute a serious SRA Accounts Rules compliance breach, and to identify any training needs
Review the Compliance breach register to determine whether any action is needed on existing compliance breaches and to prevent or minimise the risk of further compliance breaches
Scan the horizon and keep abreast of any regulatory, other changes, or emerging market practice relating to SRA Accounts Rules compliance that may affect the company, keeping the board informed of any actions that need to be taken, amending existing policies and processes and/or devise and implement new policies and processes
Network with law firm finance compliance professionals outside to gain insight into good practice across the profession and other industries.
Report to the board, by providing a compliance report every month including the status of the firm's SRA Accounts Rules compliance arrangements, a summary of internal and external SRA Accounts Rules compliance breaches reported over the period, any relevant forthcoming regulatory changes, any recommended compliance activities & Profit and loss, cashflow and forecasts Responsibilities will include but are not limited to the following:

Be responsible for the overall financial performance of the company.
Be able to make and execute short-term plans for the company.
Be qualified to be financially literate.
Understand finance and accounting concepts and terminology.
Understand financial statements and their interpretation.
Maintain accounting and financial records.
Manage the financial planning and budgeting process.
Manage cash management processes.
Create proposals for investment opportunities. Benefits:

Company car & parking
Company pension
Private Medical & Life insurance Hours
Monday to Friday, 35 hours a week

Salary
£85,000 - £100,000 per annum
In line with achievement of agreed goals, there is also the opportunity to earn a further 20% of your salary via a bonus, typically issued quarterly.

Should this role be on interest, please apply now or should you wish to discuss this role in more detail please contact Courtney Recruitment on (phone number removed).

If you have worked in any positions similar to the Finance Director role, such as Financial Controller, Chief Financial Officer, Director Of Accounting, Director of Finance or Head Of Finance please apply now.

Courtney Recruitment, part of the Courtney Reed Group Ltd, believes that diverse, equitable and inclusive workplaces make companies more relevant, more supportive, and more resilient.
We are an equal opportunity employer, and in this capacity and on behalf of all of our clients, we welcome applications from people of all backgrounds, ethnicities, cultures, and experiences. We do not discriminate on the basis of race, colour, religion, national origin, sexual orientation, age, marital or family status, disability, gender identity or expression, or any other legally protected status.
If you would like to discuss this in further detail, please call (phone number removed)