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For Companies At a Glance
- Tasks: Join a dynamic team managing client and office accounting in a fast-paced legal environment.
- Company: Onside Law, a top sports and media law firm in the UK.
- Benefits: 25+ days holiday, health insurance, pension scheme, and professional development opportunities.
- Other info: Opportunity for process enhancements and career growth in a supportive team.
- Why this job: Be part of a unique firm that blends legal expertise with the sports and entertainment industry.
- Qualifications: 3+ years as a Legal Cashier with strong knowledge of SRA Accounts Rules.
The predicted salary is between 36000 - 60000 £ per year.
About the team
Onside Law is unique in combining senior in-house experience from within the sports, media and entertainment industry with first class city law firm backgrounds. This ensures clients receive the practical, flexible and informed legal advice that the increasingly complex and sophisticated sector needs. Following the firm's creation in February 2005, Onside Law has risen rapidly in the independent legal directories and is ranked as one of the top sports and media law firms in the UK. Each of our lawyers has trained and practised at leading city law firms including Slaughter and May, Clifford Chance, Freshfields, Nabarros, Allen & Overy and Ashurst.
We offer a number of benefits to our staff, including:
- Holiday, starting at 25 days annually. One day added after two years of service with an upper limit of 30 days
- Contributory Workplace Pension Scheme with employer contribution of 5% of gross annual salary
- Simplyhealth Cash Plan - Upon joining the business
- Health insurance – after one year of service
About the role of the Legal Cashier
An exciting opportunity has arisen for a full time Legal Cashier to join our accounts department based in London. The successful candidate will be working as part of a small but busy team dealing with all aspects of daily cashiering. This will include:
- Client Accounting
- Ensure all client account transactions are processed daily, without delay
- Ensure compliance with SRA client money regulations and firm's client account policies and procedures
- Maintain the firm's SRA client money regulations breaches register & report to Finance Controller
- Ensure daily bank reconciliation of client account
- Ensure residual client balances are checked weekly and funds dealt with accordingly
- Office Accounting
- Ensure bills and credit notes are raised in accordance with firm's requirements
- Ensure expenses are processed, approved, and paid in line with weekly and month end deadlines
- Ensure disbursement recharges are processed in a timely manner to facilitate prompt billing and recovery
- Ensure the firm's credit card transactions are processed monthly
- Assist in preparing month end reports for Australia & Swiss office
- Maintain Consultancy register and payments
- Maintain commission register & payments
- Accounts Payable
- Monitor outstanding purchase orders to ensure appropriate action is taken to maintain accurate records
- Ensure all office payments, as far as possible, are processed via the firm's purchase ledger
- Ensure all office payments are posted in a timely manner
- Ensure urgent payment requests are processed in line with firm's policy
- Ensure supplier statements are reconciled and any query items resolved without delay
- Perform aged creditor analysis, resolve queries and report on outstanding overdue items
- General Assistance
- Provide cover and assistance as and when necessary
- Maintain an efficient and effective, high level of service to the business, the firm's clients and suppliers
- Continually review and identify opportunity for process enhancements and improvements to financial control, proposing recommendations to senior management
- Ensure senior management are informed of all contentious issues
About You
We are seeking a team player who can also confidently work independently. It is essential that you have experience as a Legal Cashier with 3 or more years' experience and have a strong understanding of the SRA Accounts Rules, accounts payables, receivables, bank reconciliations, cash flow and general assistance. Candidates must have a good educational background. Relevant experience within a busy Finance department of a legal practice is required. Excellent knowledge and experience of working with finance systems (GL) and practice management systems (clients and matters) is essential. Expertise in client accounting, including regulatory compliance with SRA and bank reconciliations is required. Strong numerical, organisational and communication skills are necessary. Candidates should understand accruals and prepayments. Strong knowledge of input/output VAT is required. Strong organisational skills and an eye for detail are essential.
To apply
Please complete the online application form and upload your CV and cover letter. Closing date for all applications should be Tuesday 24th Feb 2025.
Legal Cashier in London employer: Association of Legal Compliance & Accounts
Contact Detail:
Association of Legal Compliance & Accounts Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Cashier in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who might know someone at Onside Law. A friendly chat can sometimes lead to opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of SRA Accounts Rules and client accounting. We want you to show off your expertise and how you can bring value to the team!
✨Tip Number 3
Don’t forget to showcase your organisational skills during the interview. Share examples of how you've improved processes in previous roles – we love hearing about innovative ideas!
✨Tip Number 4
Apply through our website for a smoother process! It’s the best way to ensure your application gets noticed. Plus, it shows you’re keen on joining our awesome team at Onside Law!
We think you need these skills to ace Legal Cashier in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Legal Cashier role. Highlight your experience with SRA Accounts Rules and any relevant finance systems you've worked with. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team at Onside Law. Share specific examples of your past experiences that relate to the job description.
Showcase Your Attention to Detail: As a Legal Cashier, attention to detail is key. In your application, make sure to demonstrate this skill. Double-check your documents for any errors before submitting them – we appreciate precision!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Association of Legal Compliance & Accounts
✨Know Your Numbers
As a Legal Cashier, you'll be dealing with financial data daily. Brush up on your knowledge of SRA Accounts Rules and be ready to discuss how you've applied them in previous roles. This shows you’re not just familiar with the rules but can also navigate them effectively.
✨Showcase Your Experience
With at least three years of experience required, make sure to highlight specific examples from your past roles. Talk about your experience with bank reconciliations, client accounting, and any improvements you've made in financial processes. This will demonstrate your capability and initiative.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to cash flow management or compliance issues. Prepare by thinking through how you would handle discrepancies or urgent payment requests. This will show your problem-solving skills and ability to work under pressure.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready about the firm’s approach to financial control or how they handle regulatory changes. This not only shows your interest in the role but also your understanding of the complexities involved in legal finance.