Compliance and Reconciliation Manager

DAC Beachcroft

  • Birmingham
  • Permanent
  • Full-time
  • 2 months ago
Compliance and Reconciliation ManagerDepartment: CSG - Business Operations (Audit / Risk / Client Account Management / Finance / People / Procurement / Property and Facilities / Sales and BD / IT)Employment Type: PermanentLocation: Remote - England and WalesDescriptionCSG are looking to recruit a Legal Finance Compliance Manager to ensure compliance with all applicable financial regulations and internal policies, working with the finance service centre and lawyers to ensure we are compliant with the three UK regulators The Solicitors Regulatory Authority (England & Wales), The Law Society of Scotland and The Law Society of Northern Ireland.This role combines financial oversight with regulatory compliance, risk management, and staff training. The manager plays a pivotal role in safeguarding the financial integrity and operational accountability of CSG.What you will do?
  • Manage the reconciliation team, made up of one supervisor and three reconciliation assistants, completion of performance reviews, setting of objectives, provision of coaching and development, managing performance.
· Provide cover during times of absence for the Reconciliation Supervisor.· Working on CSG projects to help ensure any new systems and processes are compliant, and controls are strengthened.· Ensure financial procedures align with best practices and regulatory standards.
  • Ensure adherence to legal financial regulations such as the Solicitors Accounts Rules.
  • Monitor internal policies and suggest improvements where necessary.
  • Develop and implement mitigation strategies and controls.
  • Draft, update, and enforce financial compliance policies, ensure policies are communicated effectively and adhered to by staff.
  • Design and deliver training programs for staff on financial compliance and regulatory requirements.
  • Maintain relationships with relevant regulatory authorities.
  • Monitor regulatory changes and communicate impacts.
  • Prepare reports for senior management and external auditors
  • Foster a culture of compliance awareness across the organisation.
  • Lead internal file audits focused on financial compliance
· Investigate suspected compliance breaches.· Identify root causes and recommend corrective and preventive measures.· Ensure client financial records meet regulatory and internal standards.Who you are· Regulatory knowledge: Strong understanding of financial laws and regulations, particularly within the legal profession (e.g., Solicitors Accounts Rules).o Qualified ILFM to minimum Associate level.o Proven experience of working in a law firm or professional services organisation, preferably with both E&W and NI and/or Scotland.
  • Analytical thinking: Ability to interpret financial data, identify compliance issues, and develop actionable solutions.
  • Detail-oriented: High accuracy in reviewing financial documentation and compliance data.
  • Communication: Strong verbal and written communication skills to explain complex information to varied audiences.
· Proven experience of managing people, coaching and development.· Self-motivated, determined and confident in their abilities.· Flexibility in terms of a changing environment and constantly changing workloadWhat's in it for you?
  • High levels of flexibility and a great work life balance - https://jobs.dacbeachcroft.com/whats-in-it-for-you/
  • A well-rounded remuneration package (which includes private medical insurance, income protection insurance and discounted gym membership, amongst many other benefits)
  • Opportunities for growth and progression including professional funding
  • In person and remote social events
  • Opportunity to get involved in a range of Environmental, Social and Governance (ESG) activities
We are dedicated to building a diverse, inclusive and authentic workplace, which aligns closely to our cultural principles (Determined, Clear, Creative and Supportive). If you are excited about this role and being part of our culture, but your past experience does not align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles!

DAC Beachcroft