Legal Cashier

2 weeks ago


Guildford, United Kingdom CV-Library Full time

Responsible for managing all financial transactions within a law firm, the Legal Cashier will be ensuring compliance with the Solicitors Regulation Authority (SRA) Accounts Rules and maintaining accurate financial records.

Key Responsibilities:

* Processing client account payments and receipts in accordance with SRA Accounts Rules.

* Ensuring client money is handled correctly and transferred according to legal guidelines.

* Monitoring and reconciling client ledgers and accounts regularly.

* Managing the firm’s office accounts, including daily banking transactions, payments, and receipts.

* Processing and reconciling office disbursements, including invoices from barristers, experts, and other third parties.

* Maintaining accurate records of VAT, preparing and submitting VAT returns.

* Completing monthly bank reconciliations for all client and office accounts.

* Investigating discrepancies and ensuring timely resolution.

* Assisting with the preparation and distribution of client bills.

* Ensuring that bills are processed and paid on time.

* Assisting with managing aged debtors and chasing overdue payments when necessary.

* Ensuring the firm adheres to all legal and regulatory requirements, especially the Solicitors Accounts Rules.

* Assisting with internal and external audits.

* Keeping up to date with changes in financial regulations affecting law firms.

* Liaising with banks and financial institutions as required.

* Managing supplier payments and ensuring all costs are tracked and approved.

* Adhering to the firms’ systems and procedures.

* Adhering to compliance policies.

* To undertake such other reasonable additional duties as are consistent with this job description from time to time.

Experience and Skills Requirements:

* Able to manage time effectively and manage competing priorities.

* Experience of working in an office environment.

* Commitment to client care and proving high levels of service.

* Knowledge of annual audit and inspection process.

* Proficiency with double-entry bookkeeping.

* Knowledge of maintaining client and office accounts.

* Knowledge and understanding of the SRA Accounts Rules.

* Ability to understand and complete VAT returns.

* Competent IT skills to include Microsoft Office programmes.

* A general awareness of the legal market.

If you have not been contacted within 5 working days, then unfortunately on this occasion your CV has not been shortlisted


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