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Legal Cashier

Wise May Ltd
Posted a day ago, valid for 15 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

Life Insurance

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Wise May is seeking a Legal Cashier for a progressive Law Firm located in the City.
  • This full-time position is a 6-month Fixed Term Contract with a salary of £30,000 per annum, requiring experience in legal cashiering within a busy multi-partner legal practice.
  • The role involves routine cashiering tasks, ensuring compliance with SRA Accounts Rules, and conducting daily bank reconciliations.
  • Candidates should possess strong computer skills, especially in Excel, and have a detailed knowledge of the accounts function and SRA rules.
  • The position offers hybrid working arrangements, 25 days of annual leave, and various employee benefits including wellbeing initiatives and enhanced parental pay.

Wise May are looking for a Legal Cashier to join a progressive Law Firm based in the City. This is a fantastic opportunity to join a friendly, collaborative team to undertake all routine cashiering tasks, specialising on the client account.

Full time, 6 Month Fixed Term Contract, with hybrid working (3 days in the office, 2 days remote), the hours are 9.30am-5.30pm.

Legal Cashier duties and responsibilities include:

  • Helping to ensure that the firm is compliant with the SRA Accounts Rules and reporting breaches to the Cashiering Manager.
  • Daily office account bank reconciliations and client account bank reconciliations.
  • Reviewing reconciliations when the Cashiering Manager is absent.
  • Daily review of the client account, identifying and allocating receipts and transferring to office account.
  • Processing of CHAPS/BACS and posting to the client and office ledgers.
  • Transfers of time, disbursements and expenses between matters and ensuring all are completed within the SLA time frames.
  • Processing journals on the client account, office account and the nominal ledger.
  • Manual interest calculations on client account balances and crediting interest to client account.
  • Maintenance of special time rates
  • Dealing with aged client account balances.
  • Posting of bills and credit notes in compliance with the SRA Accounts rules and SLA Dealing with day-to-day internal billing queries.
  • Processing anticipated disbursements and managing the process of identifying disbursements due for payment and paying them in accordance with the Solicitor’s Accounts Rules.
  • Preparation of reconciliations and statistical information for clients.
  • Editing and reversing timesheets and converting time to non-chargeable.

Legal Cashier key skills and experience required:

  • A detailed knowledge of the SRA accounts rules.
  • Experience of working within a busy multi-partner legal practice, with proven experience in legal cashiering.
  • Computer literacy particularly in Excel, together with a working knowledge of financial systems associated with billing and cashiering.
  • Sound knowledge of the accounts function in general is essential to understand the flow of work through the department and the importance of completing each part of the process.
  • High attention to detail and ability to work to tight deadlines.

Benefits:

  • Wellbeing Wednesdays
  • Sports and Social clubs
  • Volunteering days
  • Subsidised restaurant on site
  • 25 days annual leave
  • Life insurance
  • Law Care
  • Enhanced Statutory Maternity, Paternity, Shared Parental & Adoption pay

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.