Legal Cashier

Legal Cashier

Location: London or Colchester - remote working available
Salary: £26,000 - £27,000
Department: Finance

My client is a long-established and well-regarded law firm that provides legal services throughout England, Wales and Northern Ireland. They are currently recruiting for a Legal Cashier to join their Finance department in the London or Colchester office. As most of the office work remotely, remote working is an option with the occasion visit to the office, however office working is also available if preferred.

The Legal Cashier assists the department with all aspects of accounts administration, including all elements of legal cashiering.

Main Duties and Responsibilities:

• Producing bespoke matter balance reports for Real Estates and Projects fee earners to discuss at meetings;
• Residual Balance administration and general financial assistance for the Real Estates and Projects Department;
• Arranging regular (at least every 6 weeks) meetings each week with all fee earners in the Real Estates and Projects Department to review their matter balances in red & amber with a view to actioning tasks to bring their matter balances into the green;
• Providing a monthly report to the EP’s & FSEP’s in Real Estates and Projects of the previous months meetings;
• Archiving matters with zero balances for Real Estates and Projects Department by providing zero matter balance reports;
• Reporting out to other departments monthly on their Residual Balances and zero matter balances and actioning replies;
• Reconciliation of client matters for both office and client ledgers;
• Office and client account banking and processing;
• Process client and office account payments by BACS/CHAPS;
• Archiving matters;
• Arranging bacs payments for zero matters which incur quarterly interest;
• Updating P4W with Residual Balances notes.

Skills and Experience Required

• At least 12 months experience achieved within a Legal Cashier or Accounts Assistant role, ideally within the legal environment;
• Minimum of 5 A-C grades at GCSE or equivalent including grade B in English Language, Literature & Maths;
• Previous experience of residual balance reconciliation and experience of commercial conveyancing accounting would be useful;
• A high attention to detail to produce work/documentation which is consistently of a high standard;
• Good computer skills (competent in Excel and Word).
• Good time management skills with the ability to prioritise workload, to have a flexible approach to ensure all deadlines are met;
• Must be able to work as part of a team and possess excellent communication skills both written and verbal;