Our client, a highly regarded London-based solicitors specialising in crime, family law and human rights have an opening for a Cash Compliance Manager to join their team, who has good communication skills, is highly motivated and willing to take on new challenges.
The purpose of this role is to contribute to the effectiveness of the Finance team by providing a comprehensive and efficient service to internal and external clients in order that the business objectives of the firm and the department are achieved. To maintain the high standard of service offered to the firm’s existing clients and to assist in furthering the professional reputation of the team, the office and the firm.
Responsibilities
- To assist with financial operations, cashiering projects and ensure compliance with Solicitors’ Accounts Rules
- To undertake a forensic review of client account balances
- To liaise directly with solicitors, partners and clients, to ensure the prompt return of residual balances
- To monitor and test the work undertaken by the financial operations team, to ensure adherence with regulatory requirement and internal SLAs
- To identify required improvements or remedial action and present findings/recommendations to the management team
- To design internal guidelines and contribute to the development of our compliance infrastructure, to control our operative processes
- To liaise with the Solicitors Regulation Authority (SRA) on Accounts Rules (ARs) queries, with responsibility for the preparation of papers for appropriate submission
- To assist with the reconciliations of all firm’s bank accounts working with Cashiering team to resolve issues promptly and record any breaches where necessary
- To oversee Purchase Ledger and Cashier departments
- To assist with SRA Accounts Rules monthly reporting requirements
- To assist in the preparation of monthly Board reports
- To deliver an effective and timely service to the firm by managing their own workload and maintaining a high degree of accuracy
- To perform any other relevant tasks as specified by the firm
- To operate safely in the workplace
- This is a developing role and this job profile is not exhaustive and may vary in line with changes in the team’s objectives and firm policy
Candidate Profile
- The candidate should have full knowledge of the SRA Accounts Rules
- Previous experience within a Legal Finance Department
- Excellent analytical and financial skills with good attention to detail
- Demonstrable experience of reviewing and reconciling residual client account balances
- Excellent communication and relationship building skills, developed in a partnership environment
- Excellent IT skills, particularly in Excel
- Commitment to delivering a professional service to the highest standards
- Excellent attention to detail
- Ability to prioritise own workload and achieve deadlines
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 role on behalf of one of its clients.
