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- Tasks: Manage legal accounts, support billing, and maintain financial data in a dynamic law firm.
- Company: Reputable international law firm located in Liverpool Street.
- Benefits: Competitive salary, remote work options post-probation, and valuable legal finance experience.
- Why this job: Join a prestigious firm and enhance your finance skills in a supportive environment.
- Qualifications: Experience in legal accounts and knowledge of Solicitors Accounts Rules required.
- Other info: Great opportunity for career growth with a collaborative finance team.
The predicted salary is between 42000 - 58000 £ per year.
An international law firm is seeking an experienced legal accounts assistant to support the Finance Director with a broad range of finance and accounting responsibilities. It is essential that you have previously worked within a law firm environment, ideally a US or international firm, and can demonstrate strong technical accounts experience alongside a solid understanding of the Solicitors Accounts Rules. Experience using 3E would also be a desired advantage.
A summary of the duties include:
- Managing day-to-day office and client accounting activities, including accounts payable and receivable, disbursements, partner payments, staff expenses and credit card processing using 3E and ChromeRiver
- Processing bank-related activity, including daily and monthly statement downloads, transaction postings, intercompany transfers, trust receipts reporting and completion of regular bank reconciliations
- Supporting the billing process for the London office by working closely with legal assistants and partners, including raising credit notes, writing off invoices and ensuring all approvals and firm policies are adhered to
- Monitoring and reporting on aged balances, WIP, unpaid disbursements and other key financial metrics, producing regular management and compliance reports
- Preparing VAT workings and returns, reconciling general ledger accounts and supporting statutory, financial and Solicitors Accounts Rules audits
- Maintaining accurate financial and system data, including timekeeper setup and maintenance on 3E, and assisting with budgeting and forecasting activities
- Providing wider support to the finance team through journal postings, accruals, prepayments, depreciation, ad hoc projects and cover during peak periods.
This is an excellent opportunity to gain further legal accounts experience in an extremely reputable firm and take on a broad and varied accounts role within an international set up. The location is ideal for someone commuting into Liverpool Street. Some remote working is available post-probation period.
Legal Finance Assistant employer: McKinlay Law
Contact Detail:
McKinlay Law Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Finance Assistant
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal finance world, especially those who’ve worked in law firms. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the Solicitors Accounts Rules and 3E software. We want you to feel confident discussing your technical skills and how they apply to the role.
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications after a week or so. A quick email to express your continued interest can keep you on their radar and show you’re keen.
✨Tip Number 4
Check out our website for the latest job postings. We often have exclusive roles that might be perfect for you, so don’t miss out on applying directly through us!
We think you need these skills to ace Legal Finance Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Legal Finance Assistant role. Highlight your experience in legal accounts and any specific skills that match the job description, like your knowledge of the Solicitors Accounts Rules.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your previous experience in law firms and how it aligns with the responsibilities listed in the job description.
Showcase Relevant Experience: When filling out your application, be sure to showcase any relevant experience you have with 3E or similar accounting software. This will help us see that you’re ready to hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and get back to you quickly!
How to prepare for a job interview at McKinlay Law
✨Know Your Numbers
Brush up on your financial knowledge, especially around the Solicitors Accounts Rules. Be ready to discuss how you've managed accounts payable and receivable in previous roles, as this will show your technical expertise.
✨Familiarise with 3E
If you have experience with 3E, make sure to highlight it! If not, do a bit of research on its functionalities. Being able to talk about how you would use it in the role can really set you apart.
✨Prepare for Scenario Questions
Think of specific examples from your past work where you handled billing processes or reconciliations. Prepare to explain your thought process and the outcomes, as this demonstrates your problem-solving skills.
✨Show Your Team Spirit
This role involves working closely with legal assistants and partners, so be ready to discuss how you collaborate with others. Share examples of how you've supported a team in achieving financial goals or managing projects.
