At a Glance
- Tasks: Support the Client Cash team with incoming and outgoing payments and manage client accounts.
- Company: Dynamic finance department in a reputable firm based in Bristol.
- Benefits: Competitive salary, flexible hours, and opportunities for professional growth.
- Other info: Great opportunity for career advancement in a supportive team.
- Why this job: Join a fast-paced environment and make a real difference in financial operations.
- Qualifications: Experience in finance, strong attention to detail, and excellent communication skills.
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.
Department: Business Services - Finance
Location: Bristol
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 daily bank statements and internal notifications to identify funds coming into our client accounts and allocate to the correct client matter.
- Place 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, and returning 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 department.
- 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.
Client Cash Assistant employer: DAC Beachcroft
As a Client Cash Assistant in our Bristol office, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. We offer competitive benefits, a collaborative culture, and the opportunity to engage with various banking platforms, ensuring that your contributions directly impact our clients' financial success. Join us to be part of a team that values accuracy, attention to detail, and strong communication, all while enjoying the vibrant atmosphere of Bristol.
StudySmarter Expert Advice🤫
We think this is how you could land Client Cash Assistant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like DAC Beachcroft. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Client Cash Assistant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to DAC Beachcroft.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on DAC Beachcroft's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at DAC Beachcroft
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with DAC Beachcroft.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at DAC Beachcroft will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former DAC Beachcroft employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
