Legal Finance Assistant

Legal Finance Assistant

City of London Full-Time 28800 - 43200 £ / year (est.) No home office possible
O

At a Glance

  • Tasks: Support daily financial operations and assist with billing for the Legal Support Team.
  • Company: Join a dynamic law firm committed to excellence in legal finance.
  • Benefits: Enjoy flexible working options and a supportive team environment.
  • Why this job: Gain valuable experience in finance while working closely with legal professionals.
  • Qualifications: Ideal for detail-oriented individuals with finance experience in a law firm.
  • Other info: Opportunity to develop strong analytical skills and build professional relationships.

The predicted salary is between 28800 - 43200 £ per year.

Job Title

Legal Finance Assistant

Department

Business Support

Key Responsibilities

Assist with daily financial operations, including data entry and invoice processing.

Provide billing support to the Legal Support Team, including preparation of client bills and ensuring adherence to billing guidelines.

Support the monthly payroll process.

Assist in administering the Firm’s Employee Benefits programme.

Monitor accounts receivable and coordinate with the finance team to follow up on outstanding payments.

Prepare and submit expenses and non-client billable invoices (e.g., A&G travel), ensuring compliance with firm policies.

Maintain accurate financial records, including ledgers, journals, and supporting documentation.

Assess and transfer time entries to correct matters as required.

Work closely with legal teams to resolve billing discrepancies and respond to client billing queries.

Provide financial analytics and documentation (including Excel support) to the Legal Support Team.

Assist in the preparation of reports such as WIP reports and Time Summary reports as required.

Input, transfer, and edit time entries and narratives as needed.

Process vendor payments and monitor due dates to ensure timely settlement.

Ensure compliance with Solicitors Regulation Authority (SRA) Accounts Rules and internal financial controls.

Provide general administrative support to the finance team, including document management, filing, and archiving.

Skills, Experience, and Attributes Required

Excellent client service approach with a positive, can-do attitude.

Broad finance experience gained within a law firm or professional services environment.

Self-motivated and disciplined, with strong problem-solving skills.

Calm, detail-oriented, and committed to seeing tasks through to completion.

Flexible, collaborative, and team-oriented.

Highly organised with strong prioritisation skills; able to manage multiple priorities in a fast-paced environment.

Proven ability to handle end-to-end tasks involving multiple touch points.

Comfortable working to tight deadlines in a busy setting.

Strong verbal and written communication skills, with a professional telephone manner.

Able to build and maintain positive relationships with internal and external stakeholders.

Advanced proficiency in Microsoft Word, Outlook, Excel, and PowerPoint.

Strong IT troubleshooting skills and a quick learner with new systems.

Professional, articulate, presentable, and confident.

#J-18808-Ljbffr

Legal Finance Assistant employer: Owen Reed London

As a Legal Finance Assistant at our firm, you will thrive in a dynamic and supportive work environment that values collaboration and professional growth. We offer competitive benefits, including a comprehensive Employee Benefits programme, and foster a culture of excellence where your contributions are recognised and rewarded. Located in a vibrant area, our firm provides unique opportunities for career advancement while ensuring a healthy work-life balance.
O

Contact Detail:

Owen Reed London Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Legal Finance Assistant

✨Tip Number 1

Familiarise yourself with the specific financial operations within a legal context. Understanding how billing works in law firms, including compliance with Solicitors Regulation Authority (SRA) Accounts Rules, will give you an edge during interviews.

✨Tip Number 2

Network with professionals already working in legal finance roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could help you land the job.

✨Tip Number 3

Brush up on your Excel skills, as advanced proficiency is crucial for this role. Consider taking a short course or using online resources to enhance your data analysis capabilities, which will be beneficial during the interview process.

✨Tip Number 4

Prepare to discuss your problem-solving skills and how you've handled financial discrepancies in the past. Be ready with examples that showcase your attention to detail and ability to work under pressure, as these are key attributes for the position.

We think you need these skills to ace Legal Finance Assistant

Financial Operations Management
Data Entry Accuracy
Invoice Processing
Billing Support
Payroll Administration
Employee Benefits Administration
Accounts Receivable Monitoring
Financial Record Keeping
Time Entry Management
Billing Discrepancy Resolution
Financial Analytics
Report Preparation
Vendor Payment Processing
Compliance with SRA Accounts Rules
Document Management
Client Service Orientation
Problem-Solving Skills
Attention to Detail
Organisational Skills
Prioritisation Skills
Communication Skills
IT Proficiency in Microsoft Office Suite
IT Troubleshooting Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in finance and legal environments. Emphasise any roles where you've handled billing, payroll, or financial record-keeping, as these are key responsibilities for the Legal Finance Assistant position.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as your problem-solving abilities and experience with financial analytics. Use examples to demonstrate how you meet their requirements.

Showcase Your Technical Skills: Highlight your proficiency in Microsoft Office, especially Excel, as this is crucial for the role. If you have experience with financial software or systems, mention it to show you're tech-savvy and can adapt quickly.

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 finance role.

How to prepare for a job interview at Owen Reed London

✨Showcase Your Financial Acumen

Be prepared to discuss your previous experience in finance, especially within a legal or professional services environment. Highlight specific examples of how you've handled financial operations, such as data entry and invoice processing.

✨Demonstrate Attention to Detail

Since the role requires maintaining accurate financial records and ensuring compliance with billing guidelines, be ready to provide examples of how you ensure accuracy in your work. Mention any tools or methods you use to double-check your entries.

✨Exhibit Strong Communication Skills

The ability to communicate effectively with both internal teams and clients is crucial. Prepare to discuss how you've resolved billing discrepancies or handled client queries in the past, showcasing your professional telephone manner.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills and ability to manage multiple priorities. Think of scenarios where you've had to meet tight deadlines or collaborate with others to achieve a common goal, and be ready to share those experiences.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

O
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>