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Totum Partners are working with a top law firm to hire a Legal Cashier for a Residual Balance Project. Reporting to the Compliance Cashier Control Manager, you will play a key role in ensuring the firm meets its regulatory responsibilities around residual balances.
The ideal Residual Balance Cashier will be responsible for:
- Investigate flagged files to understand outstanding balances determine ownership
- Document findings in the Client Retentions master file and collaborate with Fee  earners
- Escalate complex cases to the Compliance Cashier Control Manager
- Providing a detailed review of findings
- Follow up on outstanding matters
- Keep records updated
- Overseeing payments from the charity ledger
- Monitor the residual balance mailbox
The ideal Residual Balane Cashier will have the following experience:
- Experience working in a law firm, particularly handling residual balances
- An interest in law firm finance, compliance, and risk
- Strong analytical skills to assess financial data and resolve issues
- Effective communication skills and a keen eye for detail
Equal Opportunities
As a responsible business, it is important that we represent the diversity of our people, our clients and our communities. We believe that the firms that thrive are those with the most diverse team; that's why we work so hard to source the best talent from the broadest pool possible. As an equal opportunities employer we strive to accommodate anyone who may have specific needs. If you require reasonable adjustments to be made during the selection process, please talk to a member of the recruitment team so that any required adjustments can be made in advance.
