Legal Cashier Specialist

Job Title: Legal Cashier Specialist

About 2i Recruit Ltd: 2i Recruit Ltd is a leading recruitment agency in the UK legal sector. We are recruiting for a highly skilled Legal Cashier Specialist to join our team.

Estimated Salary: £28,000 - £32,000 per annum

Job Overview:

The successful candidate will have excellent organizational and communication skills, with the ability to work accurately and efficiently in a fast-paced office environment. You will be responsible for managing financial transactions, maintaining accurate records, and ensuring compliance with relevant laws and regulations.

Responsibilities:

• Process client payments and receipts according to SRA rules.
• Handle client funds correctly and make transfers as required.
• Reconcile client ledgers and accounts on a regular basis.
• Manage office finances, including daily banking transactions, payments, and receipts.
• Process and reconcile office expenses, including invoices from suppliers.
• Maintain accurate records of VAT and prepare VAT returns.
• Perform monthly bank reconciliations for all client and office accounts.
• Investigate discrepancies and resolve issues promptly.
• Assist with preparing and distributing client invoices.
• Ensure timely payment of client bills.
• Support the management of aged debtors and follow up on outstanding payments.
• Ensure adherence to legal and regulatory requirements, particularly the Solicitors Accounts Rules.
• Collaborate with auditors during internal and external audits.
• Stay informed about changes in financial regulations affecting law firms.
• Liaise with banks and financial institutions as needed.
• Oversee supplier payments and track costs.
• Fulfill compliance policies and adhere to firm procedures.

Requirements:

• Demonstrate effective time management and prioritize tasks.
• Experience working in an office setting.
• Promote exceptional client service and satisfaction.
• Knowledge of the annual audit process.
• Proficient in double-entry accounting.
• Maintain accurate client and office accounts.
• Understand and comply with SRA rules.
• Accurately complete VAT returns.
• Skillful use of Microsoft Office applications.
• Familiarity with the legal industry.