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Legal Cashier

Career Legal
Posted 20 days ago, valid for 3 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • My client is a global law firm seeking to hire a Legal Cashier for their London office.
  • The ideal candidate should have at least 3 years of experience as a Legal Cashier in a law firm, with exposure to both client and office accounts.
  • The role involves supporting financial transactions, ensuring compliance with regulatory requirements, and assisting with bank reconciliations.
  • Proficiency in MS Excel is required, and experience with 3E is desirable, along with strong organizational and problem-solving skills.
  • The salary for this position is competitive, reflecting the candidate's experience and qualifications.

My client is a global law firm with offices in the United States, Latin America, Europe, the Middle East, Africa and Asia. Their client base reads like a 'whose who’ - they include public and privately held commercial companies and financial institutions and national governments.

The firm is now looking to hire a Legal Cashier. Working as part of the tight-knit London team, you will support the firm’s financial transactions and assist the Senior Legal Cashier in ensuring compliance with regulatory and internal financial requirements. There will also be opportunities to work with financial accountants on reconciliation tasks, gaining exposure to broader financial processes.

Responsibilities

  • Assisting with processing client and office account payments, receipts, and transfers
  • Supporting compliance with Solicitors Accounts Rules (SARs) and other regulatory guidelines
  • Conducting daily bank reconciliations and account monitoring
  • Running daily reports to ensure compliance with SRA regulations
  • Preparing cash flow forecasts, submitting funding requests, and ensuring sufficient funds are always available
  • Assisting in CHAPS, BACS, and international payment processing
  • Reviewing client matter balances weekly, investigating, and clearing residual client account balances in collaboration with partners and Inventory Managers
  • Working closely with the Shared Service Centers (SSC) in Tampa and Manila regarding cash receipt postings and reconciliations
  • Processing and posting Partner compensation payments, including drawings, capital, and interest
  • Assisting with the annual SAR audit, including liaising with auditors and providing necessary documentation
  • Assisting the Milan office in cashier transactions, including accounts payable, cash receipts, payroll, taxes, and partner compensation payments, while liaising with the Milan Finance Manager
  • Assisting the London Accounting team with various tasks, including gathering support for the annual audit of multiple UK entities and preparing account reconciliations
  • Performing other ad hoc cashiering-related tasks as required

Candidate Profile

  • At least 3 years’ experience as a Legal Cashier in a law firm, covering both client and office accounts
  • Member of the Institute of Legal Finance & Management (desirable)
  • Experience in a UK London firm, ideally with exposure to conveyancing/real estate and SRA regulations
  • Proficiency in MS Excel, with experience using 3E (desirable)
  • Highly organised, self-motivated, and detail-oriented, with the ability to work independently and with minimal supervision
  • Flexible, enthusiastic, and able to manage workload, priorities, and deadlines effectively
  • Strong problem-solving skills, a proactive mindset, and the ability to identify and resolve issues quickly

Important Notice

It is Career Legal’s policy, as a matter of courtesy, to respond to all applications within three working days. However, because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted you within three working days your application has been unsuccessful, and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.

Career Legal is a Recruitment Agency and is advertising this permanent vacancy on behalf of one of its clients.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.