At a Glance
- Tasks: Manage client transactions and ensure compliance with financial regulations.
- Company: Join Hogan Lovells, a leading global law firm with a collaborative culture.
- Benefits: Enjoy flexible working options, including remote work and a supportive environment.
- Why this job: Be part of a dynamic team tackling complex legal challenges while growing your skills.
- Qualifications: Previous legal cashiering experience and A-Level or equivalent education required.
- Other info: Embrace an inclusive culture that values fresh perspectives and personal growth.
The predicted salary is between 36000 - 60000 Β£ per year.
Keen to become part of a truly global, collaborative team of professionals? Your journey begins here.
We are happy to consider agile and flexible working patterns. Our approach to hybrid working allows for up to 40% of time working from home and 60% working in the office.
Firm Description: Hogan Lovells is one of the leading global law firms. Our distinctive market position is founded on our exceptional breadth of our practice, on deep industry knowledge, and on our 'one team' global approach. Formed through the combination of two top international law firms, Hogan Lovells has over 40 offices in the Americas, Asia-Pacific, Europe, the Middle East and Africa.
Department Description: The London Finance function comprises approximately 70 staff. The primary departments are Billing, Business Control, Cashiers, Partners Matters, Salaries, Financial Analysis, Financial Systems and Reporting. The department is responsible for handling all financial matters in respect of the London Office and the co-ordination of financial affairs in the international offices. The Cashiers Team is responsible for the maintenance and reconciliation of the firm's client and office bank accounts, SRA Accounts Rules compliance, processing of incoming bill payments and client account transactions.
Role Overview: The job holder will be responsible for maintaining transactions in the firm's client cashiering function and ensuring that the proper processes are followed to ensure SRA Accounts Rules & AML compliance.
Key Responsibilities / Accountabilities:
- Prompt recording and allocation of funds received into the firm's clients general account and client deposit accounts.
- Processing payments from the firm's clients general accounts and client deposit accounts using online banking platforms and recording these payments on 3E.
- Preparing interest calculations for monies held in the firm's clients general account.
- Assisting lawyers & PAs with the prompt return of client monies to ensure compliance with rule 2.5 of the SRA Accounts Rules.
- Preparation of bank reconciliations for the firm's office/business accounts.
- Providing cover for the office cashier.
Specific duties or responsibilities may be reviewed from time to time to reflect changes in personnel and management structure, staff location or services. All members of the firm participate in our Responsible Business program.
Person Specification:
- Several years legal cashiering experience.
- Education to an A-Level standard or equivalent, minimum requirement GCSE standard depending on career experience.
General Attributes:
- Builds and maintains effective working relationships with colleagues, clients and others at work.
- Works effectively as part of a team.
- Enthusiastic, works well under pressure, adapts to change and is willing to improve.
- Demonstrates an interest and understanding of the area in which they are working, uses initiative and applies sound judgement and identifies opportunities for improvement in working practices.
Agile Working Statement: Our goal is to embed flexibility across our business by giving everyone the opportunity to work in an agile way, whether as a regular pattern or on an ad hoc basis, and we will be happy to discuss this further.
It is the policy of Hogan Lovells to provide equal opportunities for all employees in relation to recruitment, training and promotion. Decisions in these areas will be made only by reference to the requirements of the job and shall not be influenced by any consideration of racial or ethnic origin, religion, sex, gender and gender identity, age, sexual orientation, marital and civil partnership status, pregnancy or disability.
About Us: There's no substitute for lived experience. We value fresh perspectives; if you are looking for your next career move, we offer an exceptional platform from which to build skills for now and the future. Define your future and become part of an exceptional global team that is passionate about working on some of the worldβs toughest legal challenges. We have a unique culture that is both ambitious and supportive. You will be stretched and encouraged to grow as a professional, while at the same time, thriving as part of an inclusive and collaborative team. The one constant is that we are always evolving, innovating, excelling, because that is what it takes to be the best.
Legal Cashier employer: Hogan Lovells
Contact Detail:
Hogan Lovells Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Legal Cashier
β¨Tip Number 1
Familiarise yourself with the SRA Accounts Rules and AML compliance requirements. Understanding these regulations will not only help you in the interview but also demonstrate your commitment to the role of a Legal Cashier.
β¨Tip Number 2
Network with current or former employees of Hogan Lovells, especially those in the Finance Department. They can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.
β¨Tip Number 3
Prepare to discuss your experience with online banking platforms and financial reconciliation processes. Being able to articulate your hands-on experience will set you apart from other candidates.
β¨Tip Number 4
Showcase your ability to work under pressure and adapt to change. Provide examples from your previous roles where you successfully managed tight deadlines or adapted to new processes, as this aligns with the firm's dynamic environment.
We think you need these skills to ace Legal Cashier
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Legal Cashier. Familiarise yourself with SRA Accounts Rules and AML compliance, as these are crucial for the role.
Tailor Your CV: Highlight your relevant experience in legal cashiering and any specific skills that align with the job description. Use keywords from the job posting to ensure your CV stands out to recruiters.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the firm. Mention how your background and skills make you a perfect fit for Hogan Lovells and their collaborative culture.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for a Legal Cashier.
How to prepare for a job interview at Hogan Lovells
β¨Know Your Numbers
As a Legal Cashier, you'll be dealing with financial transactions daily. Brush up on your knowledge of SRA Accounts Rules and AML compliance. Be prepared to discuss how you ensure accuracy in financial records and your experience with bank reconciliations.
β¨Show Team Spirit
Hogan Lovells values collaboration. Highlight your ability to work effectively within a team. Share examples of how you've built relationships with colleagues and assisted them in achieving common goals, especially in high-pressure situations.
β¨Demonstrate Adaptability
The role may require you to adapt to changing processes or responsibilities. Be ready to discuss instances where you've successfully navigated change in your previous roles, showcasing your flexibility and willingness to learn.
β¨Ask Insightful Questions
Prepare thoughtful questions about the firmβs culture, the Finance Department's structure, and the specific challenges faced by the Cashiers Team. This shows your genuine interest in the role and helps you assess if it's the right fit for you.