Senior Legal Cashier

1 week ago


Epping, Essex, United Kingdom Law Staff Legal Recruitment Ltd Full time

Job Title: Senior Legal Cashier - Financial Operations Manager

Job Summary:

We are seeking an experienced and detail-oriented Senior Legal Cashier to oversee the financial operations of our client, a well-established and highly regarded law firm. The successful candidate will play a crucial role in managing and ensuring compliance with the Solicitors Regulation Authority (SRA) Accounts Rules, handling client accounts, and leading the cashiering team.

Key Responsibilities:

  • Oversee all aspects of the firm's financial operations, including client and office accounts, ensuring accuracy and compliance with the SRA Accounts Rules.
  • Manage the processing of client account transactions, including deposits, withdrawals, and transfers.
  • Reconcile client account balances regularly.
  • Conduct daily and monthly bank reconciliations for all firm accounts, ensuring timely resolution of any discrepancies.
  • Oversee the preparation and processing of bills, invoices, and statements. Ensure timely and accurate billing to clients and manage the collection of outstanding debts.
  • Ensure full compliance with the SRA Accounts Rules and other relevant regulations.
  • Prepare for and manage the firm's annual audit and address any compliance issues promptly.
  • Prepare and present regular financial reports to senior management, including cash flow forecasts, profit and loss statements, and other key financial metrics.
  • Oversee the preparation and submission of VAT returns and other tax-related filings, ensuring compliance with relevant tax laws.
  • Continuously review and improve financial processes and systems to enhance efficiency and accuracy within the cashiering function.
  • Act as a key point of contact for external auditors, banks, and other financial institutions. Collaborate with the firm's management team and other departments on financial matters.

Requirements:

  • Significant experience as a Legal Cashier, with a strong understanding of the SRA Accounts Rules.
  • Excellent knowledge of legal accounting software.
  • Strong financial acumen, with experience in managing client accounts, billing, and reconciliation processes.
  • Excellent communication and leadership skills, with the ability to lead a team effectively.
  • Strong attention to detail, with a high level of accuracy in financial management.
  • Ability to manage multiple tasks and work to tight deadlines in a fast-paced environment.
  • AAT or ILFM qualification, or equivalent, is highly desirable.


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