Legal Cashier
Stockport
Permanent
Accountancy & Finance
Private Practice Law Firms
£30,000.00 - £35,000.00Year
LHH are recruiting a private practive law firm in Stockport to recruit for a Legal Cashier to join them on a permanent basis, either in a full-time or part-time capacity (c. 4 days per week)
£32,000 - £35,000 per annum (FTE)
Fully in-office
Purpose
To ensure the accurate and timely processing of financial transactions in compliance with the Solicitors Regulation Authority (SRA) Accounts Rules and firm policies. The Legal Cashier plays a key role in maintaining the integrity of client and office accounts.
Key Responsibilities
Client & Office Account Management
- Post receipts, payments, and transfers accurately to the accounting system.
- Ensure compliance with SRA Accounts Rules at all times.
- Reconcile client and office bank accounts daily.
Financial Processing
- Process cheques, BACS, CHAPS, and electronic payments.
- Allocate funds correctly between client and office accounts.
- Handle petty cash and maintain accurate records.
Month-End & Year-End Processes
Month-End:
- Complete bank reconciliations for all client and office accounts.
- Review and clear suspense accounts and unallocated funds.
- Generate and distribute month-end reports (e.g., WIP, aged debtors, client balances).
- Ensure all postings for the month are accurate and complete before closing.
- Assist with accruals and prepayments where required.
Year-End:
- Prepare schedules for auditors, including client ledger balances and office account reconciliations.
- Assist in producing year-end financial statements in line with SRA requirements.
- Ensure compliance with residual balances procedures and report on any outstanding balances.
- Support the finance team in closing the year-end ledger and rolling forward balances.
- Liaise with external auditors and respond to queries promptly.
Communication & Support
- Liaise with fee earners regarding financial queries.
- Provide support to the finance team and other departments as required.
Skills & Experience Required
- Previous experience as a Legal Cashier or in a similar finance role within a law firm.
- Strong knowledge of SRA Accounts Rules.
- Proficiency in legal accounting software
- Excellent attention to detail and accuracy.
- Strong organisational and time management skills.
- Ability to work under pressure and meet deadlines.
Qualifications
- ILFM qualification desirable but not essential
Personal Attributes
- Integrity and discretion when handling confidential information.
- Strong communication skills.
- Team player with a proactive approach.
Legal Cashier
LHH
2 days ago
£30,000.00 - £35,000.00Year
Permanent
Accountancy & Finance
Private Practice Law Firms
Stockport
LHH are recruiting a private practive law firm in Stockport to recruit for a Legal Cashier to join them on a permanent basis, either in a full-time or part-time capacity (c. 4 days per week)
£32,000 - £35,000 per annum (FTE)
Fully in-office
Purpose
To ensure the accurate and timely processing of financial transactions in compliance with the Solicitors Regulation Authority (SRA) Accounts Rules and firm policies. The Legal Cashier plays a key role in maintaining the integrity of client and office accounts.
Key Responsibilities
Client & Office Account Management
- Post receipts, payments, and transfers accurately to the accounting system.
- Ensure compliance with SRA Accounts Rules at all times.
- Reconcile client and office bank accounts daily.
Financial Processing
- Process cheques, BACS, CHAPS, and electronic payments.
- Allocate funds correctly between client and office accounts.
- Handle petty cash and maintain accurate records.
Month-End & Year-End Processes
Month-End:
- Complete bank reconciliations for all client and office accounts.
- Review and clear suspense accounts and unallocated funds.
- Generate and distribute month-end reports (e.g., WIP, aged debtors, client balances).
- Ensure all postings for the month are accurate and complete before closing.
- Assist with accruals and prepayments where required.
Year-End:
- Prepare schedules for auditors, including client ledger balances and office account reconciliations.
- Assist in producing year-end financial statements in line with SRA requirements.
- Ensure compliance with residual balances procedures and report on any outstanding balances.
- Support the finance team in closing the year-end ledger and rolling forward balances.
- Liaise with external auditors and respond to queries promptly.
Communication & Support
- Liaise with fee earners regarding financial queries.
- Provide support to the finance team and other departments as required.
Skills & Experience Required
- Previous experience as a Legal Cashier or in a similar finance role within a law firm.
- Strong knowledge of SRA Accounts Rules.
- Proficiency in legal accounting software
- Excellent attention to detail and accuracy.
- Strong organisational and time management skills.
- Ability to work under pressure and meet deadlines.
Qualifications
- ILFM qualification desirable but not essential
Personal Attributes
- Integrity and discretion when handling confidential information.
- Strong communication skills.
- Team player with a proactive approach.