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For Companies At a Glance
- Tasks: Manage financial records and transactions for a leading law firm.
- Company: Join Phillips Law, a dynamic and respected legal firm since 1986.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Why this job: Be part of a reputable firm and ensure financial compliance while growing your skills.
- Qualifications: Experience in legal finance and strong attention to detail required.
- Other info: Opportunity for career advancement in a collaborative and innovative finance team.
The predicted salary is between 36000 - 60000 £ per year.
About Phillips Law
Phillips Law was formed in 1986, and since then we have been committed to building the region’s strongest, dynamic, full-service law firm built on foundations of traditional values. In 2025 we continue to be featured in the Legal 500– a globally recognised legal directory that serves as a comprehensive guide for clients seeking premium legal services. At Phillips Law our values mean we pull in the same direction, tell it like it is, do the right thing, break the mould, and deliver on our goals.
Purpose of the Role
The Legal Cashier plays a key role in ensuring the accurate and compliant financial management of the firm’s client and office accounts. This role involves maintaining financial records in accordance with the Solicitors Regulation Authority (SRA) Accounts Rules, processing daily transactions, and supporting the Finance Team with reconciliations, reporting, and month-end processes.
Key Responsibilities
- Manage all client and office account transactions in accordance with SRA Accounts Rules.
- Post incoming and outgoing payments promptly and accurately.
- Reconcile client bank account daily and investigate discrepancies.
- Monitor client ledger balances and ensure funds are dealt with appropriately.
- Ensure VAT is recorded and applied correctly in line with HMRC requirements.
- Processing daily client to office transfers.
- Processing of banking of cheques.
Cash Flow & Banking
- Prepare and process bank payments, CHAPS, and BACS transfers.
- Record and reconcile deposits, cheques, and online payments.
Reporting & Month-End
- Assist with audit preparation and respond to auditor queries.
- Maintain accurate and complete records for internal and regulatory reporting.
- Work closely with fee earners and support staff to ensure compliance and accuracy.
- Provide guidance to staff on financial procedures and SRA rules when required.
- Contribute to improving processes, controls, and reporting within the Finance Team.
Skills & Experience
- Proven experience as a Legal Cashier or in a similar finance role within a law firm.
- Strong understanding of SRA Accounts Rules and legal accounting principles.
- Excellent attention to detail and accuracy.
- Strong IT skills, particularly in legal accounting software (e.g., LEAP, Xero, or similar) and Excel.
- High level of integrity, confidentiality, and professionalism.
- ILFM qualification or equivalent finance certification.
Legal Cashier in Basingstoke employer: Phillips Solicitors Limited
Contact Detail:
Phillips Solicitors Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Cashier in Basingstoke
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field and let them know you're on the hunt for a 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
Get your game face on for interviews! Research Phillips Law and be ready to discuss how your skills align with their values. Show them you’re not just another candidate, but someone who truly gets what they stand for.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Phillips Law.
We think you need these skills to ace Legal Cashier in Basingstoke
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Legal Cashier role. Highlight your experience with SRA Accounts Rules and any relevant software you've used. 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 passionate about the role and how you align with our values at Phillips Law. We love seeing genuine enthusiasm!
Showcase Your Attention to Detail: As a Legal Cashier, accuracy is key. In your application, provide examples of how you've maintained precision in financial tasks. We appreciate candidates who can demonstrate their meticulous nature!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Phillips Solicitors Limited
✨Know Your SRA Accounts Rules
Make sure you brush up on the Solicitors Regulation Authority Accounts Rules before your interview. Being able to discuss these rules confidently will show that you understand the legal framework you'll be working within, which is crucial for a Legal Cashier role.
✨Showcase Your Attention to Detail
Prepare examples from your past experience where your attention to detail made a significant impact. Whether it was catching an error in financial records or ensuring compliance with regulations, these stories will highlight your suitability for the role.
✨Familiarise Yourself with Legal Accounting Software
If you have experience with software like LEAP or Xero, be ready to discuss it. If not, take some time to learn the basics of these tools. Demonstrating your willingness to adapt and learn new systems can set you apart from other candidates.
✨Prepare Questions About the Finance Team
Think about what you want to know regarding the Finance Team's processes and how they collaborate with other departments. Asking insightful questions shows your genuine interest in the role and helps you assess if the firm’s values align with yours.
