Legal Cashier

Responsible for managing all financial transactions within a law firm, the Legal Cashier will be ensuring compliance with the Solicitors Regulation Authority (SRA) Accounts Rules and maintaining accurate financial records.

Key Responsibilities:

• Processing client account payments and receipts in accordance with SRA Accounts Rules.
• Ensuring client money is handled correctly and transferred according to legal guidelines.
• Monitoring and reconciling client ledgers and accounts regularly.
• Managing the firm’s office accounts, including daily banking transactions, payments, and receipts.
• Processing and reconciling office disbursements, including invoices from barristers, experts, and other third parties.
• Maintaining accurate records of VAT, preparing and submitting VAT returns.
• Completing monthly bank reconciliations for all client and office accounts.
• Investigating discrepancies and ensuring timely resolution.
• Assisting with the preparation and distribution of client bills.
• Ensuring that bills are processed and paid on time.
• Assisting with managing aged debtors and chasing overdue payments when necessary.
• Ensuring the firm adheres to all legal and regulatory requirements, especially the Solicitors Accounts Rules.
• Assisting with internal and external audits.
• Keeping up to date with changes in financial regulations affecting law firms.
• Liaising with banks and financial institutions as required.
• Managing supplier payments and ensuring all costs are tracked and approved.
• Adhering to the firms’ systems and procedures.
• Adhering to compliance policies.
• To undertake such other reasonable additional duties as are consistent with this job description from time to time.

Experience and Skills Requirements:

• Able to manage time effectively and manage competing priorities.
• Experience of working in an office environment.
• Commitment to client care and proving high levels of service.
• Knowledge of annual audit and inspection process.
• Proficiency with double-entry bookkeeping.
• Knowledge of maintaining client and office accounts.
• Knowledge and understanding of the SRA Accounts Rules.
• Ability to understand and complete VAT returns.
• Competent IT skills to include Microsoft Office programmes.
• A general awareness of the legal market.

If you have not been contacted within 5 working days, then unfortunately on this occasion your CV has not been shortlisted.