At a Glance
- Tasks: Manage legal finance processes and support fee earners in a dynamic law firm.
- Company: Join a top law firm in London with a busy finance team.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact in legal finance while developing your skills.
- Qualifications: Five years' experience in legal cashiering and relevant finance qualifications.
- Other info: Fast-paced environment with opportunities for growth and learning.
The predicted salary is between 36000 - 60000 £ per year.
Owen Reed is looking for a Senior Legal Cashier for a top law firm in London. This is an excellent opportunity for an experienced Senior Legal Cashier to join a busy finance team and play a key role in supporting fee earners, clients and the wider business. The Senior Legal Cashier will be responsible for a broad range of legal cashiering and finance duties, requiring strong technical knowledge, attention to detail and the ability to work in a fast-paced environment.
Working Days and Hours: Monday to Friday 9:30am to 5:30pm
Location: Bank, London
The Role: As a Senior Legal Cashier, you will be fully familiar with legal finance processes and procedures and will take responsibility for daily, monthly and quarterly cashiering activities across client and office accounts.
Key Responsibilities:
- Daily bank reconciliations and transfers between Client and Office bank accounts
- Month-end bank reconciliations for Client and Office accounts
- Supporting credit control, including daily reminders and chasing outstanding payments
- Escalating problem clients to the Head of Finance and Operations and/or lead fee earners
- Reconciliation of client monies held on account
- Posting client disbursements, recharging disbursements and settling once funds are received
- Daily and month-end reconciliation of credit card spend and raising bills to recharge costs to clients
- Managing high-value, high-volume immigration credit card transactions, including Home Office visa fees
- Managing client credits for Home Office refunds as received
- Supporting quarterly statutory payments, including VAT, CT61 and Corporation Tax in advance
- Dealing directly with clients and taking phone payments when required
- Supporting fee earners and support staff with finance-related queries
- Supporting month-end billing, with a key focus on closing billing within six working days (moving towards four)
- Supporting the purchase ledger, including coding supplier invoices to correct nominal codes for posting to the PMS
- Supporting month-end petty cash reconciliation
- Processing, posting and paying employee expenses
About You:
- Minimum of five years’ experience in a Senior Legal Cashier or similar role within the legal sector
- Diploma Level ILFM (Dip), Associate Level AILFM, or another relevant finance qualification
- Exceptional attention to detail with a methodical and accurate approach
- Proven ability to work under pressure and manage competing priorities
- Proactive, determined and solutions-focused
- Excellent written and verbal communication skills, with a professional and discreet manner
- Strong organisational and prioritisation skills
- Comfortable working independently and collaboratively within a team
- Flexible, can and will do attitude with a desire to learn and develop
- Proactive in anticipating and managing potential issues
- Confident managing colleague and client expectations, including when challenges arise
- Strong experience with Microsoft Office, particularly Excel, and legal finance software
Senior Legal Cashier in City of London employer: Owen Reed Ltd
Contact Detail:
Owen Reed Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Legal Cashier in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal sector and let them know you're on the hunt for a Senior Legal Cashier role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and finance processes. Be ready to discuss your experience with bank reconciliations and client management, as these are key areas for the role. Practice common interview questions to boost your confidence!
✨Tip Number 3
Showcase your attention to detail during the interview. Bring examples of how you've successfully managed high-volume transactions or resolved issues in previous roles. This will demonstrate your proactive approach and problem-solving skills.
✨Tip Number 4
Don't forget to apply through our website! We make it easy for you to find and apply for the Senior Legal Cashier position. Plus, it shows you're serious about joining our team and helps us keep track of your application.
We think you need these skills to ace Senior Legal Cashier in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Legal Cashier role. Highlight your relevant experience in legal finance and any qualifications you have, like your ILFM diploma. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our busy finance team. Share specific examples of how you've handled high-pressure situations or managed competing priorities in the past.
Show Off Your Attention to Detail: As a Senior Legal Cashier, attention to detail is key. Make sure your application is free from typos and errors. We appreciate a methodical approach, so double-check everything before hitting send!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to upload all your documents in one go. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Owen Reed Ltd
✨Know Your Numbers
As a Senior Legal Cashier, you'll be dealing with a lot of financial data. Brush up on your knowledge of bank reconciliations, client disbursements, and VAT processes. Be ready to discuss specific examples from your past experience where you successfully managed these tasks.
✨Showcase Your Attention to Detail
Attention to detail is crucial in this role. Prepare to share instances where your meticulous approach made a difference, whether it was catching an error or streamlining a process. Highlight how your methodical nature contributes to the overall efficiency of a finance team.
✨Demonstrate Your Problem-Solving Skills
The job requires a proactive attitude towards managing issues. Think of times when you faced challenges, like dealing with problem clients or tight deadlines, and explain how you tackled them. This will show your potential employer that you're solutions-focused and can handle pressure.
✨Communicate Effectively
Strong communication skills are key in this role, especially when liaising with fee earners and clients. Practice articulating your thoughts clearly and professionally. You might even want to prepare a few questions to ask during the interview to demonstrate your engagement and interest in the role.
