Description

Senior Legal Cashier/Manager

£50-60K

Central London/Hybrid Working

My clients is a fast growing legal firm and are looking for a Legal Cashier. The role is to bring the legal cashiering function in house and help build the processes/procedures and then perform the sole cashiering role.

Duties

• Lead the team in the development and implementation of Cashier policies and procedures as this role is bought in-house
• Ensure client money is handled appropriately and in accordance with the Solicitors Accounts Rules
• Accurately allocate office and client receivables to the correct nominal or client matter code
• Accurately perform bill reversals and reallocations
• Identify and resolve any discrepancies in financial records
• Update the breach log with any breaches of the Solicitor Accounts Rules and SRA policies
• Prepare daily and month end bank reconciliations of office and client bank accounts ensuring they are signed off in accordance with the Solicitor Account Rules
• Review and analyse client accounts to identify residual client balances
• Ensure FX gains and losses on disbursements are correctly recorded and credited to client
• Maintain Ledger for Direct Debits and Standing Order as they are received
• Follow company policy and procedures to ensure residual client balances are returned promptly
• liaise directly with credit control and billing team to ensure that funds are allocated in a timely manner according to the Solicitor Accounts Rules
• Support and coach other staff members to assume cashier task and responsibilities to provide cover in case of absences
• Support in ad-hoc finance functions as firm prepares to enter a significant growth phase

Requirements:

• Have a thorough understanding of the Solicitors Accounts Rules (Essential)
• Minimum of 2 years Cashiering experience
• Enjoy working collaboratively with a team, taking full ownership of the cashiering process
• Worked with Actionstep Legal system (required)