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Senior Compliance Cashier at International Law Firm, to £45,000

  • Job Type :

    Permanent

    Full-Time

  • Salary : Up to £45,000 + Benefits

Our fantastic international law firm client is currently looking for a Senior Compliance Cashier to join their wider Finance team, this role will be within a team of four client account cashiers reporting directly to the Chief Cashier.  Their primary responsibilities will include Solicitors Accounts Rules compliance including reporting and monitoring of client residual balances and maintenance of our internal breach log. The main responsibilities will include monitoring the automated workflow for reporting on client balances.  This will include tracking workflows to ensure they are completed promptly and addressing any fee earner queries relating to their balances to ensure compliance with SAR, maintaining the firm’s breach log and documenting any compliance failures, preparing and presenting firm wide training on internal policies, processes and SAR compliance, assisting the development of reporting for client balances and monitoring of statements submitted, dealing with aged client balances. This will include meeting with fee earners to investigate and resolve balances. Preparation of appropriate paperwork and collation of files when submissions to the SRA are required.  Maintaining and updating the information held against client monies, managing the report on possible Client to Office transfers for monies earmarked for costs to ensure compliance with SAR.  Liaising with fee earners and the Revenue Control  team to conclude issues promptly, monitoring the receipt of client cheques into the firm and following up to ensure they are banked directly to deliver compliance and recording on the firm’s breach log where applicable, dealing with office credits and following up credit notes issued to the client where relevant, providing support to the client account cashiering team when required.  This will include but not be restricted to processing transactions on the firms’ electronic banking systems, bank account reconciliations and posting to the PMS system, address other ad hoc requests as needed. Candidates must have both Client Accounts and Cashiering experience within a law firm environment.