Legal Cashier

Ambition; London; On-site; GBP 60,000 - 80,000

Job description

My client, a prestigious law firm, is seeking a dedicated and experienced legal cashier to join their finance team.

Key Responsibilities:

• Inform fee earners of funds received, record receipts, and handle client account payment requests.
• Allocate funds to settle fees, process internal transfers, and manage fund transfers between client and office accounts.
• Reconcile client and office bank accounts, ensuring compliance with SAR 2.5.
• Understand transaction purposes, linking the remitter, client, and regulated advice.
• Action or escalate queries and requests promptly.
• Provide interest calculations and place client funds on fixed money market deposits.
• Liaise with banking partners for transaction processing.
• Assist with supplier invoices, third-party fees, and expenses.
• Support during the SRA external audit reporting period.
• Monitor and prepare cash flow reports.
• Comply with legal and regulatory obligations.
• Support the finance team with month-end and year-end processes.

Skills and Experience:

• Minimum of three years' experience in Legal Finance.
• Proficiency in Outlook, Excel, and a Practice Management System like Elite 3e.
• Experience in processing high-volume, high-value payments from client accounts.