Legal Cashier

Location:Guildford
Salary:£32,000 - £35,000
Type:Permanent
Sector:Legal & HR

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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