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For Companies At a Glance
- Tasks: Manage and reconcile financial accounts while collaborating with teams to resolve discrepancies.
- Company: Join DWF, a leading global provider of integrated legal and business services.
- Benefits: Inclusive culture, competitive rewards, and support for personal development.
- Why this job: Be part of a transformative finance team making a real impact in a dynamic environment.
- Qualifications: Experience in transactional finance and strong Excel skills are essential.
- Other info: Flexible hybrid working and opportunities for career growth await you.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Join to apply for the Residual Balance Specialist role at DWF
DWF is currently seeking a Residual Balance Specialist to join the Finance team on a hybrid basis from our Manchester office.
This role is part of a collaborative team operating across multiple sites and international jurisdictions. The Finance Operations team is undergoing meaningful transformation to enhance the quality and efficiency of service delivery to both internal and external stakeholders.
Responsibilities
- Monitor and manage residual balances across various accounts, ensuring accuracy and timely reconciliation in a clear and structured manner.
- Identify and investigate discrepancies in financial records, collaborating with relevant teams to resolve issues efficiently and respectfully.
- Prepare and maintain detailed reports on residual balances, offering insights and suggestions to support informed decision-making by leadership.
- Ensure all financial activities align with internal policies and external regulations, contributing to audit readiness and compliance reviews.
- Collaborate with colleagues across finance, audit, and other departments to support smooth financial operations and accurate reporting.
- Explore and implement opportunities for process improvements in residual balance management, promoting consistency, clarity, and effectiveness.
What will help you succeed in this role?
- Experience in transactional finance, with familiarity in reviewing and interpreting sub-ledger data.
- Able to engage constructively with colleagues across different teams and levels, demonstrating a proactive and adaptable approach.
- Confident using Microsoft Excel at an intermediate level, including functions that support data organisation and analysis.
- Background in high-volume environments or shared services, with an understanding of collaborative and process-driven workflows.
- Well-organised and able to manage time effectively to meet agreed targets and deadlines.
- Experience working in a legal or law firm environment, with awareness of SRA Accounts Rules.
- Familiarity with high-volume operations or shared services teams, including cross-functional collaboration.
- Comfortable using financial and matter management systems such as 3E, DMS, VF, or ShareDo or similar.
- Background in transactional finance roles, including legal cashiering or similar responsibilities.
What we offer
We are committed to ensuring that each member of our team feels valued and duly rewarded during their time at DWF.
We are an equal opportunities employer that celebrates diversity and we are committed to creating an inclusive environment for all. We aim to create a positive experience for all candidates and offer any adjustments or additional support needed. If you\\\’re excited about the opportunity but your experience doesn’t align perfectly with all the requirements, please apply anyway. You may be the right candidate for the role or others across the wider team.
About Us
DWF is a leading global provider of integrated legal and business services. Our approach delivers efficiency, price certainty and transparency for our clients across the world without compromising on quality or service. Our purpose is to deliver positive outcomes with our colleagues, clients and communities and we foster a culture that places our colleagues at the centre of all that we do.
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Residual Balance Specialist employer: DWF
Contact Detail:
DWF Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Residual Balance Specialist
✨Tip Number 1
Network like a pro! Reach out to current or former employees at DWF on LinkedIn. A friendly chat can give you insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your financial knowledge, especially around residual balances. We want to see that you can talk the talk and walk the walk when it comes to finance!
✨Tip Number 3
Show off your Excel skills! Be ready to discuss how you've used Excel in past roles. Maybe even bring examples of reports you've created to demonstrate your analytical prowess.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Residual Balance Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Residual Balance Specialist role. Highlight your experience in transactional finance and any relevant skills, like your Excel prowess. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how your background aligns with our needs. Don’t forget to mention your collaborative spirit and adaptability!
Showcase Your Attention to Detail: Since this role involves managing residual balances and ensuring accuracy, make sure to demonstrate your attention to detail in your application. A well-structured CV and cover letter can really set you apart from the crowd.
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 DWF
✨Know Your Numbers
As a Residual Balance Specialist, you'll be dealing with financial data daily. Brush up on your knowledge of sub-ledger data and be prepared to discuss how you've managed discrepancies in the past. This shows you’re not just familiar with the numbers but can also handle them effectively.
✨Excel Skills Are Key
Since the role requires intermediate Excel skills, make sure you’re comfortable with functions that help in data organisation and analysis. Practise using pivot tables and VLOOKUPs before the interview, so you can confidently demonstrate your abilities when asked.
✨Collaboration is Crucial
DWF values teamwork, so be ready to share examples of how you've worked with different teams to resolve issues. Highlight your proactive approach and adaptability, as these traits will resonate well with the interviewers.
✨Understand Compliance and Regulations
Familiarise yourself with SRA Accounts Rules and any relevant compliance regulations. Being able to discuss how you ensure audit readiness and compliance in your previous roles will show that you take these responsibilities seriously and understand their importance in finance operations.