Legal Cashier

Posted 13 March by Amazonia Recruitment Ltd

This is an opportunity to join the world's largest firm of lawyers in the finance department.

Required experience, skills and attributes

Working knowledge of the Solicitors Accounts Rules

Previous experience of working within an office cashiering environment

Legal Sector Client account experience preferred

Purpose of role

The Legal Cashier will be responsible for the handling of routine cash transactions for the firm, ensuring that the SRA Accounts Rules are adhered to at all times.

The role will include providing a legal cashiering service with a focus on Client Account funds with the need to provide cover for the other Legal Cashier (Office Account) to ensure a reliable, quality service is maintained at all times.


Client Account (Day to day duties):

Ensuring all Client Account transactions are dealt with in accordance with the SRA Accounts Rules

Processing and posting of Client Account CHAPS/SWIFT/BACS payments from and RBS Bankline in a timely manner in line with firm's policies and authority limits

Timely production of Client Account cheques when requested

Stopping and cancelling any out of date Client Account cheques once the firm's 6 month deadline has elapsed and speaking to Fee Earners to ascertain whether a new cheque is required

Client Account banking and processing

Reviewing Client Account transactions on a transactional basis to ensure all Client to Bills transfers are completed within 14 days.

Checking Client Account regularly to ensure Client Account balances do not become residual

Full running and checking of weekly reports to assist with the general housekeeping of matters and any potential COFA breaches reported to the Accounts Supervisor/Legal Cashiers Manager when they occur

Processing a transfer of costs report weekly

Assisting with monthly billing and occasional credit control as required

Regular archiving of dormant matters

Weekly Client Residual balance report, liaising with Fee Earning departments to return funds appropriately and promptly.

Taking credit/debit card payments from clients when required

Inputting payments on RBS bankline when required by the London cashiers team

Office Account (covering other team members):

Working on the daily Land Registry report and dealing with any exceptions on the day

Posting online searches and liaising with London cashiers for Professional and Counsel fees

Reconciling the PCOL invoices monthly and dealing with any exceptions in a timely manner

Office Account banking and processing

Daily posting of Agents fees in a timely manner for billing

Posting postage charges for billing for Milton Keynes and Watford offices

Timely production of Office Account cheques/payments when required in a timely manner

Archiving completed matters

Working closely with the Senior Cashier in London to correct any errors on the office and client bank reconciliations immediately.

Assisting the Accounts Supervisor with any other ad hoc duties

Inputting payments on RBS bankline when required by the London cashiers team.

Required skills

  • Bank Reconciliations
  • Banking
  • Credit Control
  • Legal
  • Cashiers

Application question

do you have any cashiering exp in a law firm?

Reference: 34673621

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