Legal Cashier

I am currently recruiting a Legal Cashier, working for a Top 20 Law Firm, based in the City of London.

Sector: Accountancy

Client Details

My client is a Top 20 Law Firm based in the City of London. They are currently looking to recruit a Legal Cashier for a 12 month maternity contract to start at the end of April.

Description

Legal Cashier, City of London

Purpose of the role:

To provide Client account legal cashiering services within the Financial Operations Department ensuring compliance with SAR's and internal controls. Working as part of a team that is committed to providing a professional high quality accounting service.

Responsibilities:

• Daily review of the office and client account bank statements in all currencies to review incoming funds

• Identifying and allocation of incoming cash without delay
• Application of internal AML procedures to cross reference payee
• Raising payments on a daily basis and ensuring the timely release by appropriate RBS Bankline authorisers
• Support to other cashiers making payments of professional disbursements
• Preparing daily/weekly client account bank reconciliations
• Prepare and process CHAPS, BACS and International Payments as directed and without delay ensuring correct authorisation is provided
• Carry out all necessary control checks (daily & monthly) to ensure a compliant processing environment is maintained

• Promptly deal with aged client account balances ensuring overpayments are followed up to return funds
• Chasing up unidentified monies on a timely basis following internal procedures through to rejection of funds if funds cannot be homed.

• Preparing daily banking of incoming cheques and posting the same

• To ensure that financial transactions are processed in accordance with SRA Accounts Rules 2011

• Arranging for partners or senior managers signatures on payments as per our bank mandate as required

• Provide support and relief cover for other team members in times of absence

• Following strict controls at all times concerning client account transactions
• Calculate Interest
• Checking the earmarking report, transferring and posting client to bill, client to disbursements and nominal to nominal transfers in accordance with SRA Accounts Rules
• Core point of contact for client account transactions
• Provide advice on deposit/treasury accounts

• Ad-hoc payment processing as required

• Assist with internal/external audits, including annual SAR audit
• General

• Assisting other team members with excess workload if capacity allows
• Going to the bank and distributing the departmental post as required on a rota basis
• Carry out general filing on a daily basis
• Obtaining partners signatures as and when required

Profile

Qualifications:

Educated to A level / GCSE standard or equivalent.

Experience:

• Experience working as a Legal Cashier in a law firm
• Extensive knowledge of the Solicitors'Accounts Rules is essential
• Previous experience of working in a multi currency environment
• Experience of Aderant Expert/Elite desirable
• Skills:
• Exceptional attention to detail
• Ability to communicate with people at all levels within the firm as well as clients
• Professional telephone manner
• Ability to work under pressure and meet strict deadlines
• Personal attributes:
• Proactive and hardworking approach
• Personable, able and willing to work as part of a team
• Reliable and well organised
• Articulate
• Adaptable and flexible
• Ability to use own initiative

Job Offer

The successful candidate will be paid between £28,000 -£35,000 depending on experience.