Minster Law
Management Accountant
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Job Title: Management Accountant
Responsible to: Financial Controller
Level: Colleague
Job Summary
You will be an integral part of an efficient, well controlled and high performing finance team. Provide timely and high-quality management, financial and statutory reporting to support the Financial Controller aid the decision making of the Board and Executive. Assisting in the production of statutory, tax and group reporting and aid to develop business partnering within the business.
Core Responsibilities
- Preparation of full monthly management accounts, supporting information and reporting suite.
- Balance sheet management including ownership of fixed asset register and monthly balance sheet reconciliations.
- Business partnering with the Senior Management team and the wider finance team, providing reports and analysis for them, focusing on reporting against forecast.
- Distil and present financial data relevant to stakeholders at all levels.
- Assist in preparation and submission of statutory accounts and other group reporting to agreed timescales ensuring compliance with relevant legislation and accounting frameworks.
- Be a point of contact for the external auditors, ensuring smooth year end process and audit.
- Assist in accurate and timely submission of corporate and other tax submissions as well as other statutory and government returns.
- Assist in the implementation of new systems.
- Assist in the annual planning and reforecasting activity, with specific focus on staff costs and overheads, cashflow and balance sheet.
- Ensure intercompany transactions, loans and interest are correctly accounted for.
- Understand and carry out the process of receiving medical/rehab/personal injury income for several partners and the associated distribution costs and recharges back to partners.
- Provide support to Operational stakeholders in following correct financial procedures, complying with the SRA/FCA Account Rules and other statutory requirements.
- Ensure accounting processes and systems remain appropriate and focus on developing new ways of working with an emphasis on automation and simplification of processes to improve efficiencies as the business continues to grow and develop in complexity.
- Lead, coach and develop skills, knowledge, and behaviour of finance team.
- To undertake any other tasks as deemed relevant and reasonable by the business.
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Person Specification
Essential
- Recognised professional Accountancy qualification for example ACA, CIMA, ACCA with proven post qualification & practical experience.
- Demonstrative experience of preparing full management accounts and supporting information.
- Proven experience acting as a role model to colleagues; motivating, inspiring and building confidence of others.
- Previous experience of statutory accounting, tax and audit.
- Excellent analytical skills and attention to detail.
- Robust - able to deal with changing circumstances and challenging situations whilst still achieving objectives.
- Displays gravitas and assertiveness; challenges the status quo, doesn’t take information at face value and questions appropriately.
- Shows a willingness to get involved and have a hands-on approach.
- Excellent stakeholder management and influencing skills with the ability to effectively lead performance and manage expectations.
- Excellent interpersonal and communication skills at all levels.
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Desirable
- Previous experience within the legal or insurance sectors.
- Understanding of and previous training in Solicitors’ Accounts Rules.
- Exposure to long term contract accounting / work-in-progress.
- Flexible and able to work under pressure to strict deadlines. Ability to act on own initiative, exercising personal and professional judgement to involve others as appropriate.
- Resilient - able to deal with changing circumstances and challenging situations whilst still achieving individual and team objectives.
- Willingness to get involved and have a “hands on” approach when necessary but with the ability to take a bigger picture view.
Personal Development
This is a good opportunity for a high performing individual to consolidate their existing experience and gain additional experience in this financial role at an exciting time for the business and the industry as a whole.
Equal Opportunities
Minster Law is committed to equality and diversity and being a workplace that creates a sense of belonging for everyone.
We’re an equal opportunity and disability confident employer. All applicants will be considered for employment regardless of age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, neurodiversity, or disability status. You can read more about our commitment to equality and diversity on the Minster Law website.
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