Bank Reconciliations Specialist

DWF are currently hiring for 2x Bank Reconciliation specialists to join our Manchester City Centre offices on 6 month fixed term contracts. As a Bank Reconciliation Specialist you will be expected to provide Bank Reconciliation support and analysis for the firm across all the Groups bank accounts. As part of the reconciliation team, you will assist in providing a detailed month end reconciliation of all bank accounts by performing daily reconciliations adhering to SAR (Solicitor Accounts Rules) compliance. The role is Hybrid with a minimum expectation of 2 days a week in the office, the team typically attends the office on Tuesdays and Thursdays.

Responsibilities

• Reconciling Client and Office Accounts, Client Loss Fund accounts and Escrow Account in accordance with Solicitors Accounting Rules (SAR).
• Manage all the shared query inboxes ensuring timely and accurate responses are delivered to stakeholders.
• Perform daily reconciliations of all bank accounts to ensure accurate records paying particular attention to the SAR compliance, focusing on investigating and resolving the unreconciled line items.
• Close working relationships with other areas of Finance including Treasury, Cashiering and the wider business ensuring expectation is managed and we have a seamless Bank Reconciliation process.
• Circulate daily balances and office receipts to senior management.
• Assist in the compilation, maintenance and review of all bank mandates on a regular basis ensuring all necessary signatories are added/removed promptly.
• Liaise with banks to ensure all information is accurate and up to date.
• Monitor and ensure accurate recording of all financial transactions.
• Attend team meetings at regular intervals and assist in implementing improvements in identified problem areas to enhance relationships and strengthen team performance.
• Build effective relationships both internally within the Finance team and externally with the team’s wider stakeholders.
• Consider all new requested information in line with agreed Service Standards/ISO Procedures and SRA requirements.

What will help you succeed in this role?

Essential

• A real problem solver, someone with good attention to detail and investigation skills.
• Excellent organisational and time management skills in order to meet targets and deadlines.
• Detail oriented approach with significant emphasis on achieving a high quality of work.
• A confident user of Microsoft Excel to intermediary level.
• Proven experience in effective delegation as well as upwards management of tasks.

Desirable

• Experience in telegraphic transfers is strongly desired but not essential.
• Legal Cashiering experience is an advantage.
• Experience of SRA (Solicitor Regulatory Authority).

What we offer?

At DWF, we deeply appreciate the significance of offering a comprehensive rewards package that extends beyond a basic salary. Our commitment is to ensure that each member of our team not only feels valued but is also duly rewarded throughout their tenure with us. Upon joining our organisation, you will have the opportunity to select from a diverse array of benefits, allowing you to carefully tailor a package that perfectly aligns with your individual needs and those of your family. In addition to our standard benefits, we offer a wide range of flexible benefits and robust well-being programs. Our recruitment process upholds the highest standards of fairness and engagement. It includes comprehensive interviews and, at times, a written assessment, an assessment day, or presentation. We aim to create a positive experience for all candidates and offer any adjustments or additional support.

About us

DWF is a global legal business providing Complex, Managed and Connected Services. We empower people to be themselves within an inclusive and supportive environment, enabling everyone to achieve their full potential in line with their abilities and career aspirations.