At a Glance
- Tasks: Manage financial transactions and ensure compliance with legal regulations.
- Company: Join a leading law firm in Newport, South Wales.
- Benefits: Enjoy a full-time permanent role with potential for growth.
- Why this job: Be part of a dynamic team ensuring financial integrity and client trust.
- Qualifications: 4 years' experience in legal accounting and strong Excel skills required.
- Other info: Enhanced DBS check needed; training opportunities available.
The predicted salary is between 30000 - 42000 Β£ per year.
Reports To: Head of Finance
Location: Newport, South Wales
Please note: An enhanced DBS check will be required in accordance with industry and regulatory standards.
A brand new role has arisen within a leading law firm for a Legal Cashier / Legal Accounts Assistant. This is a full time permanent role in Newport.
To ensure full compliance with the Solicitors Regulation Authority (SRA) Accounts Rules, while helping safeguard the business and its clients from money laundering, fraud, and financial mismanagement.
Key Responsibilities
- Input and authorisation of CHAPS/BACS payments
- Handling internal and external finance queries
- Legal Aid processing and reconciliation
- Client-to-office and office-to-client transfers
- Daily and monthly cash reconciliations
- Providing cash for Court of Protection clients
- Completing monthly bank reconciliations
- Submitting VAT returns for service companies
- Processing Stamp Duty Land Tax payments
- Recording card payments and processing refunds
- Managing direct debits and standing orders
- Handling staff expense claims
- Month-end financial preparation
- Identifying and implementing process improvements
- Ensuring compliance with SARs, VAT, and anti-money laundering regulations
- Other finance-related administrative duties as required
Personal Responsibilities
- Strong administrative and organisational skills
- Proven accounting background
- Effective communication across teams and stakeholders
- Proficient in Microsoft Excel
- Ability to prioritise workload, manage deadlines, and work independently or as part of a team
- Willingness to undertake mandatory or role-specific training
- Adaptability in using financial and legal software systems
- Client-focused with a commitment to high service standards
- Ensures tasks outside of role scope are approved before undertaking
- Willingness to perform additional duties as reasonably required by management
Person Specification
Knowledge, Training & Qualifications
- Solid understanding of the Solicitors Accounts Rules
- High proficiency in Microsoft Office (Word, Excel, Outlook)
- Experienced user of Excel functions and tools
- 5 GCSEs (or equivalent), including Maths and English at Grade C or above
- Strong literacy, numeracy, and word processing capabilities
- Familiarity with ledgers, disbursements, and account procedures
Experience
- Minimum of 4 yearsβ experience in a legal accounting or finance environment
- Comfortable using legal practice management systems or financial platforms
- Confident when dealing with clients over the phone or in person
- Experienced in using computerised accounting or MIS systems
- Familiarity with handling cash and cheques
Desirable:
- Experience dealing with a broad client base, including corporate entities and high-net-worth individuals
Contact Rachel Phillips, Associate Director, in confidence on 02920 388100 / Rachel@tsrlegal.co.uk or apply below:
Legal Cashier employer: TSR Legal
Contact Detail:
TSR Legal Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Legal Cashier
β¨Tip Number 1
Familiarise yourself with the Solicitors Accounts Rules and ensure you can discuss them confidently. This knowledge will not only help you in the interview but also demonstrate your commitment to compliance, which is crucial for a Legal Cashier role.
β¨Tip Number 2
Brush up on your Microsoft Excel skills, especially functions and tools relevant to financial reporting. Being able to showcase your proficiency during practical assessments or discussions can set you apart from other candidates.
β¨Tip Number 3
Prepare to discuss your previous experience in legal accounting or finance environments. Be ready to provide specific examples of how you've handled financial queries or reconciliations, as this will highlight your suitability for the role.
β¨Tip Number 4
Demonstrate your client-focused approach by preparing examples of how you've provided excellent service in past roles. This will show that you understand the importance of client relationships in a legal setting.
We think you need these skills to ace Legal Cashier
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Legal Cashier position. Familiarise yourself with the Solicitors Regulation Authority (SRA) Accounts Rules and the specific tasks mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience in legal accounting or finance. Emphasise your proficiency in Microsoft Excel and any familiarity with legal practice management systems, as these are crucial for the role.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the role and your passion for working in a legal environment. Mention your experience with cash reconciliations, VAT returns, and compliance with financial regulations.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is essential for a Legal Cashier.
How to prepare for a job interview at TSR Legal
β¨Know Your Numbers
As a Legal Cashier, you'll be dealing with financial figures daily. Brush up on your accounting knowledge and be prepared to discuss your experience with cash reconciliations, VAT returns, and legal aid processing during the interview.
β¨Familiarise Yourself with SRA Rules
Understanding the Solicitors Regulation Authority (SRA) Accounts Rules is crucial for this role. Make sure you can explain how these rules impact your work and demonstrate your commitment to compliance in your previous roles.
β¨Showcase Your Excel Skills
Proficiency in Microsoft Excel is essential for this position. Be ready to discuss specific functions or tools you've used in past roles, and consider bringing examples of reports or spreadsheets you've created to showcase your skills.
β¨Prepare for Client Interaction Scenarios
Since the role involves handling finance queries and client interactions, think of examples where you've successfully managed client relationships. Be prepared to discuss how you handle difficult situations or queries effectively.