At a Glance
- Tasks: Support the Client Cash team with incoming and outgoing payments and related tasks.
- Company: Join a leading finance department in a dynamic and inclusive environment.
- Benefits: Permanent position with competitive salary and opportunities for growth.
- Other info: Flexible hours and commitment to inclusivity for all applicants.
- Why this job: Be part of a vital team managing client funds and enhancing financial processes.
- Qualifications: Experience in busy finance environments and strong IT skills required.
The predicted salary is between 30000 - 40000 £ per year.
To support the Client Cash team in their duties of providing services to the business relating to all incoming and outgoing payments made from our various client accounts and all associated tasks and responsibilities.
Key Responsibilities
- Understand the rules of dealing with funds we hold on behalf of a client
- Understand which banks each of the accounts is held with and access multiple banking platforms to review incoming and process outgoing payments
- Review of daily bank statements and internal notifications to identify funds coming into our client accounts and allocating to the correct client matter
- Placing unidentified funds into suspense accounts and carry out various investigations to identify where funds belong
- Liaise with our internal Office of the General Counsel regarding unidentified funds which need to be returned
- Manage our suspense spreadsheet including investigating any receipts, updating transactions with notes, return payments where appropriate
- Liaise with the banking institutions we bank with regarding queries
- Monitor and action requests, respond to queries in the various teams mailboxes
- Receive, check and process requests for outgoing client payments using our payment portal or cheque printers
- Produce a weekly stats report and rota for payment approvers
- Review and action daily breaches report (where funds are paid into the wrong account)
- Make and receive phone calls to Partners, Fee-earners, secretaries and external callers regarding notifications and queries
- Calculate interest on client funds where required
- Process transfers of funds between accounts where required
- Any other adhoc duties as required
Skills, Knowledge and Expertise
- Have experience working in a very busy Finance dept
- Be able to master and work with multiple IT systems
- Be used to dealing with large volume workloads and be able to work to strict deadlines
- Display accuracy and attention to detail
- An ability to communicate effectively and to build strong working relationships with both team members and internal clients
- Ability to respond speedily and accurately to both internal and external customers’ demands in a confident, efficient manner
- Be able to use initiative based on knowledge experienced through the work
- IT literate
- Flexibility with regard to hours and travel
As a Disability Confident Scheme employer, we’re committed to providing an inclusive and accessible recruitment process. If you need any reasonable adjustments at any stage (including the application, assessment or interview process), please contact recruitment@dacbeachcroft.com in confidence with the vacancy reference in the subject line, and we’ll be happy to help.
Client Cash Assistant in Bristol employer: DAC Beachcroft LLP
At our Bristol office, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. As a Client Cash Assistant, you will benefit from ongoing professional development opportunities, a supportive team environment, and the chance to engage with various banking platforms while managing client funds. Our commitment to employee well-being and growth makes us an exceptional employer in the finance sector.
