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Court of Protection Financial Reporting Specialist
2 months ago
We are seeking a highly skilled and detail-oriented Court of Protection Financial Reporting Specialist to join our team at Irwin Mitchell. As a key member of our financial services team, you will play a crucial role in supporting our solicitors by managing and delivering accurate financial accounting services.
Key Responsibilities- Prepare detailed and accurate income and expenditure breakdowns for the Personal Injury and Special Damages teams to use as part of litigation claims for Court of Protection clients.
- Prepare annual deputyship review reports and analysis to enable directors to discuss with our clients, their families, and investment managers.
- Produce bespoke, matter-specific financial reporting and analysis for local councils to evidence spending on care and secure key funding for vulnerable clients.
- Identify and absorb non-chargeable time (or non-recoverable chargeable time) from fee earners using specialist CoP knowledge and financial/reporting expertise to maximize the department's financial delivery.
- Collaborate with legal teams to ensure seamless integration of financial and legal aspects of client cases.
- Provide matter-specific income and expenditure information and communicate directly with clients and their representatives.
- Collect, organize, and maintain all necessary evidence and documentation related to ongoing litigation claims associated with Court of Protection matters to support disclosure and maximize recovery of costs for clients.
- Maintain accurate workload records to ensure the team meets deadlines successfully.
- Support ad-hoc and often urgent financial processes across the team.
- Manipulate exports from multiple data sources to facilitate key bank reconciliation processes, including monitoring.
- Amalgamate information about upcoming annual review meetings to update partners and associates on the status of financial preparation.
- Take a key role in the continual improvement of processes and systems.
- Own and support solicitors with financial queries from clients, councils, and regulators, assisting with breakdowns.
- Ensure internal and regulatory changes are successfully implemented across the department to reduce negligence and compliance risks.
- Strong attention to detail and accuracy.
- Excellent organizational and time management skills.
- Ability to work within a team.
- Proficiency in financial software and Microsoft Office Suite.
- Strong communication skills, both written and verbal.
- Ability to work independently and as part of a team.
- Understanding of the Court of Protection and its functions is an advantage.
We're proud of our values, and we're looking for people who share them:
- To be pioneering with an imaginative outlook.
- To be approachable and caring.
- To be tenacious in the pursuit of our objectives.
- To be efficient in the provision of our services.
- To work with a foundation of integrity.
- 25 days holidays as standard plus bank holidays - You can 'buy' up to 35hrs of extra holiday too.
- Generous and flexible pension schemes.
- Volunteering days – Two days of volunteering every year for a cause of your choice (fully paid).
- Westfield Health membership, offering refunds on medical services alongside our Aviva Digital GP services.
