Financial Controller

We have an exciting and progressive opportunity for a Financial Controller within professional services. As this is a newly created role, there are uncapped opportunities for professional growth. Within a company that prides itself on employee wellbeing by hosting regular social events and activities, they are a brilliant place to work for.

Location: Cheltenham, hybrid working available

Salary: £45 - 60k dependant on experience

Key Responsibilities

Leadership & Team Management

• Lead and mentor the finance team, setting clear goals and expectations.
• Conduct regular performance reviews and support professional development.
• Promote a culture of continuous improvement and accountability

Financial Operations

• Manage daily financial activities including cash flow monitoring, bank reconciliations, and transaction postings.
• Oversee invoicing, cheque processing, staff expenses, and client interest calculations.
• Handle payment processing (CHAPS, BACS, international transfers, credit card payments).
• Maintain accurate records of WIP, purchase ledger, and petty cash.

Reporting & Analysis

• Prepare monthly management accounts and financial information packs.
• Produce year-end reports including trial balances, balance sheets, and fee earner performance.
• Develop departmental profit and loss reporting and billing efficiency metrics.
• Analyse financial data to identify trends, risks, and opportunities for profitability improvement.

Compliance & Risk Management

• Ensure compliance with financial regulations, tax laws, and internal policies.
• Liaise with external accountants, auditors, and regulatory bodies.
• Maintain up-to-date knowledge of AML and compliance procedures.
• Monitor and enforce internal controls and financial governance.

Client & Stakeholder Engagement

• Respond to client queries regarding accounts and payments.
• Communicate financial information clearly to non-financial stakeholders.
• Support client care initiatives and uphold confidentiality and professionalism.

Month-End & Year-End Duties

• Complete reconciliations, aged debt reports, and matter balance listings.
• Coordinate journal entries and year-end adjustments with external accountants.
• Ensure timely submission of all statutory and internal financial reports.

Systems & Process Improvement

• Use financial and practice management software effectively.
• Identify and implement process improvements to enhance efficiency and accuracy.
• Support the development of departmental manuals and documentation.

Key Skills & Competencies

• Strong knowledge of financial reporting, budgeting, forecasting, and cash flow management.
• Proficiency in accounting principles, tax, VAT, and compliance in a regulated environment.
• Commercial acumen with the ability to analyse data and drive profitability.
• Excellent leadership, communication, and stakeholder management skills.
• Experience within Professional Services is desired.
• High attention to detail and accuracy in financial reporting.
• Proficient in MS Excel and financial software systems.

If you are interested in this role, apply now! CVs are being reviewed this week.