At a Glance
- Tasks: Manage invoices, process payments, and ensure smooth financial operations.
- Company: Join a fast-paced, high-growth firm with a vibrant culture.
- Benefits: Gain valuable experience, develop skills, and enjoy a supportive work environment.
- Other info: Dynamic role with opportunities for professional growth and learning.
- Why this job: Be a key player in finance and contribute to the firm's success.
- Qualifications: Experience in accounts payable and strong communication skills are preferred.
The predicted salary is between 30000 - 40000 £ per year.
Reporting To: Accounts Payable Manager
Finance is a vital function of the firm, ensuring smooth business operations and high standard of services to both internal and external clients. This is an opportunity to join an exciting, high growth, fast paced business which is approaching an inflexion point in its journey and development. A key member of the finance function, and reporting to the Accounts Payable Manager, will have day-to-day responsibility as per below. The split of the function is by inboxes, this is rotated on a weekly basis to ensure all AP clerks can provide cover and have a full understanding of the function.
This role involves but is not limited to:
- Uploading, reviewing and approving invoices submitted in Chrome River and ensuring all coding is correct
- Communicating with staff & suppliers responding to any queries
- Processing and paying referral fees
- Approving office payment requests (disbursements)
- Reconcile Counsel Fees as per what is posted to the ledger
- Ability to read vendor and client ledgers
- Monitoring disbursements, posting to specific matters on the portal and processing payments
- Answering the telephone, with queries from the wider firm and external vendors/clients
- Ensuring all emails in the various AP mailboxes are responded to and dealt with timely, with a max turnaround time of 48 hours
- Ensuring the payment cycle runs smoothly and effectively for both disbursement and overhead invoices
- Processing payment of Paid When Paid within 48 hours and Legal Aid Agency within 14 days of receiving funds
- Processing CHAPS, BACS, FastPay and international payment transactions
- Paying the bulk overhead invoices on a two-weekly basis
- Answering the telephone and taking client card payments
- Processing compensation or complaint payments
- Ensuring that all statutory regulations are complied with including SARs
- Assisting with audit queries in relation to Account Payable
Requirements:
- Experience of working within a similar role within a Solicitor’s accounts department is desirable.
- Have a good understanding of the accounting system, the banking system and case management systems.
- Able to adapt to changing deadlines.
- Strong attention to detail.
- Excellent communication skills and telephone manner.
- Full knowledge, experience and understanding of the Solicitors Accounts Rules is desirable.
- Ability to communicate at all levels and across all departments.
- Ability to work independently and as a team.
- High levels of attention to detail.
- Strong Excel and MS Office skills.
- Professional approach.
Company Core Values:
- Aspirations: To be the best that you can, motivated to do things better, works smarter not harder, embraces changes, learns from mistakes, takes an interest in the vision of the business
- Integrity: Open and honest, shows respect, admits mistakes, looks at ways to improve and share ideas
- Innovation: Creative and Dynamic, Adaptable to change, seeks ways of doing things better, get involved with work that makes a difference, continuously learns new things for personal development
- Commitment: Relationships for the long-term
Accounts Payable Assistant in Cambridge employer: Taylor Rose
Join a dynamic and rapidly growing firm as an Accounts Payable Assistant, where you will play a crucial role in ensuring seamless financial operations. Our supportive work culture fosters professional growth and encourages innovation, allowing you to thrive in a collaborative environment. With a commitment to integrity and continuous learning, we offer a unique opportunity to contribute meaningfully while developing your skills in a fast-paced setting.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Payable Assistant in Cambridge
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Taylor Rose.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Taylor Rose might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Accounts Payable Assistant in Cambridge
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Taylor Rose will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Taylor Rose. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Taylor Rose confidence in your short-term commitment to the role.
How to prepare for a job interview at Taylor Rose
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Taylor Rose.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Taylor Rose that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
