MANAGEMENT ACCOUNTANT

Arc Legal Assistance is a specialist provider of legal expenses insurance and related services. Based in Colchester, we work with insurers, intermediaries, financial institutions and affinity groups, focusing upon delivering bespoke solutions providing 'best in market' legal advice and case handling.

Our business model for legal expenses insurance involves outsourcing legal advice and the legal conduct of claims to top quality law firms.

Purpose of the role

To ensure the company's finances, management accounts, budgets and forecasts are managed efficiently and effectively and provide support to all areas of the business.

To ensure the company is compliant within the financial regulatory framework.

This role will involve regular travel to our Brierly Hill office, 2 days per week initially, reducing over time

Main Tasks

Management Accounting:

  • Accurately prepare and implement changes in accounting policies, supporting the wider team with the changes
  • Oversee and review that accurate management accounts are produced within internal and external reporting timescales
  • Ensure commentary on variances is accurate and useful

Group Responsibilities:

  • Oversee and assist with an accounting software package change from Sage 50 Accounts to Oracle ERP
  • Providing monthly/quarterly management information to AmTrust
  • Responding to all information requests in a timely, accurate and professional manner

Financial Management and control:

  • Ensuring all financial processes are carried out efficiently and accurately
  • Ensure strong risk management controls are in place

Budgeting and Forecasting:

  • Create a tool to enable preparation of monthly reforecasts and an annual budget on a timely and accurate bases
  • Liaise with budget holders to ensure accurate income, costs and payroll forecasting on a monthly basis

Taxation and Compliance:

  • Liaising with AmTrust regarding the preparation and submission of the Corporation Tax return
  • Oversee submission to AmTrust of VAT returns and dealing with queries arising
  • Oversee completion of the financial sections of the FCA return
  • Preparation and completion of required returns to Companies House
  • Ensuring the company is compliant in regard to all taxes including IPT, Irish stamp duty, income tax etc.

Statutory accounting and audit:

  • Liaison with auditors regarding the annual audit(s), production of all information required and dealing with any queries
  • Liaison with auditors regarding the production of Annual Report and Accounts
  • Implementation of agreed recommendations for improvements arising from audit
  • Develop and prepare an annual deferred income calculation and analysis

Team Management:

  • Managing and/or supervising member/s of the finance team to include overseeing all support and development activities and ensuring that work is done to a high quality and meets the needs of the business.

General Tasks:

  • Other duties and responsibilities as may be set by the Financial Controller/ Directors
  • Ad-hoc Project Work
  • Identify and implement process improvements

Key Interfaces

Internal

  • Finance
  • Claims
  • Underwriting
  • Commercial
  • IT

External

  • Suppliers
  • Insurers and brokers
  • Intermediaries
  • Banks
  • Auditors

Experience and Person Specification

Essential

  • Advanced excel skills
  • Excellent analytical skills
  • Prior experience of complex management accounting
  • Ability to improve efficiencies within business processes
  • Excellent verbal and written communication
  • Excellent organisational and time keeping skills
  • Confidence to own tasks without supervision

Desirable

  • Prior experience in management or supervision
  • Strong reconciliation skills
  • Knowledge of Legal Expenses

Call us on 0344 770 9000