Law Firm Finance Assistant - 9-12 Month Fixed-Term in St Albans

Law Firm Finance Assistant - 9-12 Month Fixed-Term in St Albans

St Albans Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Debenhams Ottaway

At a Glance

  • Tasks: Support the finance team with daily financial management and assist in various accounting tasks.
  • Company: Join a reputable law firm with a supportive and dynamic finance team.
  • Benefits: Gain valuable experience, competitive pay, and a chance to develop your finance skills.
  • Other info: Opportunity for growth and development in a collaborative legal setting.
  • Why this job: Make a real impact in a fast-paced environment while learning from experienced professionals.
  • Qualifications: 2 years of finance experience and AAT Level 2 or equivalent preferred.

The predicted salary is between 30000 - 40000 £ per year.

We are looking for a Finance Assistant to join us on a 9-12-month Maternity Cover Fixed Term Contract.

Overview

  • Support and assist Head of Finance with day-to-day financial management.
  • Be part of a busy finance team who provide support and assistance to the legal teams.
  • Update financial spreadsheets with monthly transactions.
  • Prepare profit and loss schedules.
  • Reconcile bank statements.
  • Provide regular updates on fees delivered against target.
  • Process tax payments on Finance Managers instructions.
  • Record monthly payroll entries and journals thereof.
  • Process monthly pension payments and recording thereof.
  • Process supplier invoices and follow up with suppliers and managers as needed.
  • Provide administrative support during budget preparation.
  • Participate in annual audits.
  • Preparation of the firm’s VAT return.
  • Process and authorise transfers on Bankline.
  • Attend to the general requirements of Partners, PSG leaders and other staff.
  • Assist in the development and maintenance of finance policies.

Skills and Attributes:

  • A minimum of 2 years work experience as a Finance Assistant or similar role.
  • Level 2 AAT or equivalent finance/book-keeping qualification would be ideal.
  • Finance experience within a law firm setting and knowledge of Solicitor Accounts rules would be desirable.
  • Good knowledge of accounting and book-keeping procedures such as month end journals and management reporting.
  • Advanced MS Excel skills (creating spreadsheets and using financial functions).
  • Use of accounting software within a Practice Management system would be preferred.
  • Good time management with organisation skills including the ability to prioritise work.
  • High attention to detail, with an ability to spot numerical errors.
  • Ability to cope with pressure and maintain a calm manner at all times.
  • Confident communicator with good written and verbal communication skills.
  • Team player.
  • Positive “can do” and flexible attitude.
  • Maintain absolute confidentiality in relation to Debenhams Ottaway financial matters.

Law Firm Finance Assistant - 9-12 Month Fixed-Term in St Albans employer: Debenhams Ottaway

Debenhams Ottaway is an excellent employer, offering a supportive and dynamic work environment for Finance Assistants. With a strong focus on employee growth, we provide opportunities for professional development and training, ensuring that our team members thrive in their roles. Located in a vibrant area, our firm promotes a collaborative culture where every contribution is valued, making it a rewarding place to build your career in finance within the legal sector.

Debenhams Ottaway

Contact Details:

Debenhams Ottaway Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Law Firm Finance Assistant - 9-12 Month Fixed-Term in St Albans

Tip Number 1

Network like a pro! Reach out to your connections in the finance and legal sectors. Let them know you're on the lookout for opportunities, and who knows? They might just have the inside scoop on openings that aren't even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of financial management within law firms. Familiarise yourself with Solicitor Accounts rules and be ready to discuss how your experience aligns with the role. Confidence is key!

Tip Number 3

Don’t forget to showcase your advanced Excel skills! Be prepared to demonstrate how you’ve used spreadsheets and financial functions in past roles. This could really set you apart from other candidates.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team. Let’s make it happen!

We think you need these skills to ace Law Firm Finance Assistant - 9-12 Month Fixed-Term in St Albans

Financial Management
AAT Level 2 or equivalent qualification
Knowledge of Solicitor Accounts rules
Accounting and Book-keeping Procedures
Advanced MS Excel Skills
Use of Accounting Software
Time Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Finance Assistant role. Highlight your relevant experience, especially in finance within a law firm setting, and don’t forget to mention your AAT qualification if you have it!

Showcase Your Skills:We want to see your advanced MS Excel skills and any experience with accounting software. Be specific about how you've used these tools in your previous roles to manage financial tasks effectively.

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. Mention your attention to detail and ability to work under pressure, as these are key for this role.

Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the position. We can’t wait to hear from you!

How to prepare for a job interview at Debenhams Ottaway

Know Your Numbers

Brush up on your financial knowledge, especially around profit and loss schedules, bank reconciliations, and payroll entries. Be ready to discuss your previous experience with these tasks and how you’ve handled them in past roles.

Excel Skills are Key

Since advanced MS Excel skills are a must, make sure you can demonstrate your proficiency. Prepare to talk about specific functions you've used and how they helped streamline your work processes in finance.

Familiarise Yourself with Legal Finance

If you have experience in a law firm setting, highlight it! If not, do some research on Solicitor Accounts rules and be prepared to discuss how you would apply your finance skills in that context.

Show Your Team Spirit

As a Finance Assistant, you'll be part of a busy team. Be ready to share examples of how you've collaborated with others in the past, and emphasise your positive attitude and ability to handle pressure while maintaining confidentiality.