Our client is an international law firm with a diversified business practice. The firm is one of the largest grossing law firms in the US and globally and its lawyers represent a wide range of commercial, industrial, and financial enterprises, both publicly and privately held.
They are now looking to recruit International Legal Cashier Manager on a 9-month maternity contract. The Legal Cashier Manager is responsible for all aspects of the legal cashiering in the London Office, ensuring compliance with SAR rules. The Legal Cashier Manager works under minimal supervision and relies on experience and judgment to plan and accomplish goals.
Responsibilities
- Identifying all receipts to ensure compliance with Anti Money Laundering (AML) rules
- Daily processing on Aderant of all receipts to office and client accounts in accordance with AML and Solicitors Accounts Rules (SAR)
- Identify Disbursements to be paid per Solicitors Accounts Rules and set up payment on LLoyds
- Arranging for approvals for transfers and payments to /from client accounts as required
- Detailed working knowledge of SAR Compliance and make recommendations for improvements where necessary
- Full responsibility for maintaining client account ledgers in compliance with SAR
- Identifying cash receipts related to bills raised in New York and/or by SRZI and liaise with office manager daily to provide a list of cash receipts received.
- Daily Reconciliation of GL account related to New York and/or SRZI cash receipts.
- Ensure timely return of client balances and duplicate payments in line with regulatory expectations.
- Calculation of Client Accounts accrued interests.
- Daily and month-end bank reconciliations for Office and Client accounts.
- Support the year-end accounting process and liaise with auditors during the annual SAR audit.
- Maintain SAR Breach Register.
- Maintain Third Party Payor schedule in CMIS.
- Provides cover for the AP function, process purchase invoices, disbursements in the accounting system and prepare payments.
- Banking of cheques for both Office & Client Funds.
- Managing and mentoring the Senior Legal Cashier as a direct report.
- Prepare payment of Expense Reports daily as approval received from US.
- Training and presentation to fee earners, secretaries of SAR regulation and firm policies regarding the use of client accounts.
- Updating procedure manual and liaising with COLP and COFA
- Liaise with Chambers to request Counsel fees VAT receipts
- Gather and prepare information for the firm SECR reporting
- Training and presentation to secretaries of Chrome River expenses system and expense claims firm policies
Candidate Profile
- At least two (2) years of experience in Aderant in the most recent job
- Resilience and ability to thrive in a high-pressured environment.
- Strong understanding and demonstrable knowledge of the Solicitors Accounts Rules.
- Able to work independently and part of a team
- Proactive and strong problem solving skills
- Exceptional attention to detail and proven methodical approach
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 vacancy on behalf of one of its clients.
