Postado em: Lega/Advogados em Blackpool | Última actualização: |
We are looking to recruit a Legal Finance Manager for a Legal 500 firm based in Blackpool.
Your role encompasses overseeing and managing the day-to-day accounting and legal cashier operations. This will include ensuring efficient procedures aligned with regulatory requirements, maintaining financial records, and providing crucial financial support.
Key Responsibilities include:
- Managing the firm’s finances
- Preparing management reports, cashflows, expenses, budgets and other management information required by the directors
- Monitoring income and expenditure against budgets
- Maintaining office and client ledgers
- Daily banking and legal cashiering duties
- Process client and office payments, including fees, invoices and disbursements/anticipated disbursements
- Overseeing the firm’s credit control and updating policy/procedures
- Handle client and office bank accounts, reconciling them regularly
- Ensure compliance with legal accounting regulations, AML, Solicitors Accounts Rules and best practices and provide training on financial compliance policy
- Prepare and submit monthly financial reports
- Provide accountants with relevant information for annual financial accounts
- Manage petty cash and office expenses
- Handle and/or assist with month-end and year-end financial reports and reconciliations
- Invoicing clients for services rendered and chasing overdue payments owed
- Submitting quarterly VAT returns for the organisation through the government's online portal
- Bookkeeping and/or cross-checking or updating invoice records
- Maintain accurate and organised financial records
- Collaborate with legal professionals on financial matters
- Liaising with compliance officers, clients, operations team, auditors, accountants, regulators, suppliers and banks
- Stay updated on changes in financial and legal regulations
- Assisting with the annual professional indemnity insurance renewal process
- Contribute to the development of the firm’s financial policies and procedures and provide training to fee earners
- Meet with fee earners to review matter lists, billing and financial compliance and carry out staff performance reviews in line with the firm’s annual appraisal cycles
- Handling other non-finance administrative duties , including administrative tasks related to human resources
-To assist generally the Directors with any matter that may arise to ensure the smooth running of the department
Qualifications:
- Good academic background
- At least 2 years’ experience in legal finance and/or legal cashiering
- Knowledge of legal accounting software and IT skills
- Strong understanding of Solicitors' Accounts Rules and financial regulations relevant to the legal industry.
- Attention to detail and accuracy in financial record-keeping
- Excellent communication and interpersonal skills
- Ability to work effectively in a team, manage a team and develop/motivate staff
An attractive salary and benefits package is on offer including casual dress, employee mentoring programme, on-site parking and sick pay