Solicitors Accounts Expert
1 day ago
Solicitors Accounts Expert
Company Overview:BranWell Ford Associates Limited, a reputable law firm in Essex, seeks a highly skilled Solicitors Accounts Expert to oversee the smooth operation of their accounting department. This role presents an exceptional opportunity for an accounting professional to utilise their expertise in solicitors' accounts management.
Salary:Estimated salary: £48,000 - £58,000 per annum
Job Description:Key Responsibilities:
- Oversee the implementation of effective accounting procedures and ensure compliance with the Solicitors Accounts Rules (SAR)
- Monitor and review accounting data to identify trends and areas for improvement
- Develop and maintain accurate records of client and office accounts, including interest calculations and ledger management
- Process payments efficiently through Barclays.net and handle incoming CHAPS transactions
- Maintain strong relationships with accountants and other stakeholders to ensure seamless communication and collaboration
- Provide expert guidance on SAR audit and management account tasks
- Prepare comprehensive financial reports for the Managing Partner and Compliance Officers
- Lead the team in implementing efficient work practices, ensuring accuracy and timeliness
- Contribute to budgeting, cash flow forecasting, and bonus calculation processes
- Prepare necessary information for outsourced payroll services
Requirements:
- Significant experience in solicitors' accounts management is required
- In-depth knowledge and understanding of the Solicitors Accounts Rules (SAR) are essential
- Exceptional analytical, problem-solving, and communication skills are expected
- Precise attention to detail and organisational capabilities are critical
- Able to operate effectively under pressure and proactively address challenges
- Familiarity with an integrated case management system is advantageous
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