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- Tasks: Join a prestigious law firm as a Legal Cashier, handling daily cashiering tasks and billing.
- Company: Ryder Reid Legal connects you with top-tier law firms in London.
- Benefits: Enjoy a competitive salary, hybrid work model, and a dynamic office environment.
- Why this job: Gain valuable experience in legal finance while working in a respected firm with a supportive culture.
- Qualifications: No specific qualifications required; just a keen interest in finance and attention to detail.
- Other info: This is a 6-month fixed-term contract with opportunities for growth.
The predicted salary is between 36000 - 60000 £ per year.
Ryder Reid Legal is currently recruiting for a Legal Cashier to join one of our prestigious law firm clients on a 6m fixed-term contract at their London office. In this role, you will work closely with the Cashiering Manager, Junior Cashier, and Accounts Payable. You will handle routine cashiering tasks, focusing on the client account, and provide cover for the Cashiering Manager and Junior Cashier in their absence.
Cashiering:
- Ensure compliance with SRA Accounts Rules and report breaches to the Cashiering Manager.
- Perform daily office account and client account bank reconciliations; review reconciliations in the Cashiering Manager's absence.
- Daily review of the client account, identify and allocate receipts, and transfer to office account.
- Process CHAPS/BACS and post to client and office ledgers.
- Transfer time, disbursements, and expenses between matters within SLA time frames.
- Process journals on client account, office account, and nominal ledger.
- Calculate manual interest on client account balances and credit interest to client account.
- Maintain special time rates.
- Handle aged client account balances.
- Liaise with fee earners and resolve accounting queries.
Billing:
- Post bills and credit notes in compliance with SRA Accounts Rules and SLA.
- Address day-to-day internal billing queries.
- Process anticipated disbursements and manage payment of disbursements in accordance with Solicitor's Accounts Rules.
- Prepare reconciliations and statistical information for clients.
- Edit and reverse timesheets; convert time to non-chargeable.
Due to the high volume of applications, we are not able to respond to all enquiries. If you have not received a response within 72 hours, please assume you have not been shortlisted at this stage, however thank you for taking the time to apply.
Legal Cashier - Prestigious Law Firm employer: Ryder Reid Legal Ltd
Contact Detail:
Ryder Reid Legal Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Cashier - Prestigious Law Firm
✨Tip Number 1
Familiarise yourself with the SRA Accounts Rules, as compliance is crucial for a Legal Cashier role. Being able to demonstrate your understanding of these regulations during an interview will show that you're well-prepared and knowledgeable.
✨Tip Number 2
Highlight any experience you have with bank reconciliations and managing client accounts. Be ready to discuss specific examples of how you've handled these tasks in previous roles, as this will give you an edge over other candidates.
✨Tip Number 3
Network with professionals in the legal finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals to the firm you're applying to.
✨Tip Number 4
Prepare for potential interview questions by practising your responses to common scenarios a Legal Cashier might face. This could include handling discrepancies in accounts or dealing with billing queries, showcasing your problem-solving skills.
We think you need these skills to ace Legal Cashier - Prestigious Law Firm
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Legal Cashier position. Highlight key skills such as compliance with SRA Accounts Rules and experience with bank reconciliations.
Tailor Your CV: Customise your CV to reflect relevant experience in cashiering and billing within a legal context. Emphasise any previous roles where you handled client accounts or worked closely with legal teams.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the role and your enthusiasm for working at a prestigious law firm. Mention specific experiences that align with the tasks outlined in the job description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Legal Cashier role.
How to prepare for a job interview at Ryder Reid Legal Ltd
✨Know Your SRA Accounts Rules
Familiarise yourself with the Solicitors Regulation Authority (SRA) Accounts Rules, as compliance is crucial for this role. Be prepared to discuss how you have ensured compliance in your previous positions.
✨Demonstrate Attention to Detail
As a Legal Cashier, accuracy is key. Bring examples of how you've successfully managed bank reconciliations or handled client accounts without errors. Highlight your methods for maintaining precision in your work.
✨Prepare for Technical Questions
Expect questions about specific cashiering tasks such as processing CHAPS/BACS payments or handling aged client account balances. Brush up on these processes and be ready to explain them clearly.
✨Showcase Your Communication Skills
You'll need to liaise with fee earners and resolve accounting queries, so demonstrate your ability to communicate effectively. Prepare examples of how you've successfully resolved conflicts or clarified complex information in the past.
