Temporary Legal Cashier

Closing date: 03/12/2021
PQE: Not applicable
Term: Temporary
Duration: 6 months
Working hours: Full-time
Department: Finance
Location: London
The firm

Peters and Peters Solicitors LLP is a specialist practice best known for providing expert advice in business crime and regulation, civil fraud and commercial litigation.  We act for governments, corporations, financial institutions, professionals, executives and high net worth individuals. We also regularly advise foreign regulators and international organisations.

Many of our cases are high profile, complex and, increasingly often, international in nature. Peters and Peters has been ranked as ‘top tier’ by the leading legal directories across its practice for many years. Its key practice areas include: anti-money laundering; bribery and corruption; commercial and trust litigation; corporate investigations, criminal antitrust (cartels); cross-border issues (including extradition and mutual legal assistance); economic sanctions; financial regulation; fraud (civil and criminal); insider dealing; international asset-tracing and tax investigations. 

The firm is based in the heart of the legal community on Fetter Lane and prides itself on being able to provide a welcoming, supportive and collegiate environment, exposure to high quality work and the opportunity to work with some of the strongest lawyers in our field.

We operate a flexible hybrid working policy and the expectation for this role is that individuals will come into the office at least 60% of the time, subject to departmental requirements.

The department

Our Finance team covers the full remit of financial matters: supporting the firm with its financial needs, as well as the needs of its clients. Responsibilities include daily banking, cost budgeting, time recording queries, cash management and partner and department head support.

Other information

The Role

A temporary role has arisen within our Finance team for an experienced legal cashier. We seek a strong all-rounder to work across all functions, with the support of the Accounts Manager and FD, the cashier should have experience of daily bank reconciliations and monthly Client Account Reconciliation Statements for the COFA to sign off.

The successful individual will report to the Accounts Manager and play a leading role in liaising with all levels of the business e.g. Partners, Department Heads, Associates and Business Support.

Please note that, subject to any further restrictions, the individual will be required to work in the office on a regular basis and so it is imperative that they are based within commuter distance.

The role may include but is not limited to:

Legal Cashiering

  • Responsibility for all client and office bank accounts including client deposits, USD and Euro accounts.
  • Daily banking including the final review and release of Partner approved payments and transfers using Barclays.net
  • Daily reconciliation to online bank statements ensuring all bank transactions are contemporaneously recorded on the Tikit P4W accounts system – resolving any differences.
  • Prompt monthly reconciliation of the period end bank statements to the period end cash book totals and client ledger totals – producing the bank reconciliations and Client Account Reconciliation Statement for review by the Accounts Manager and sign off by the COFA.
  • Ensure correct client interest allocation and opening of client DDA accounts.
  • Assisting the Accounts Manager with period end close and reporting.
  • Maintaining firm compliance with the SRA Accounts Rules 2019

Accounts Payable

  • Support and assist with queries on purchase ledger, including reconciliation of counsel and expert fee notes in a timely manner for onward billing.

Other

  • Time transfers, time revaluation, charge rates, new matter creation.
  • Potential processing of bills to cover absence through holiday and sickness and to provide extra cover at busy times such as month or year end.
  • Collation of copy invoices, reports, reconciliations in preparation for the year end audits.
  • To assist with any other accounts function as directed by the Accounting Manager or Finance Director.

The Person 

The successful individual will possess the following skills and experience:

  • Legal cashiering experience.
  • Prior finance experience within a busy professional services or legal firm
  • Experience with international transactions – invoices, payments and receipts  
  • Strong IT with Advanced Excel – including data analysis, sorting / filtering and pivot tables
  • Proficient in dealing with legal accounts systems. Tikit P4W and Barclays.net an advantage.
  • Likely AAT, ILFM or CIMA (Part Qualified)

We are also looking for candidates with the following personal qualities:

  • Excellent organisation and prioritisation skills
  • The ability to work independently and manage your own workload
  • Strong attention to detail
  • Tenacity and resilience
  • The confidence to deal with a variety of different internal stakeholders and third parties
  • A positive and proactive approach to work
  • Excellent communication and inter-personal skills
  • Friendly personality
  • Flexible and willing to assist in a varied role

The salary level will be dependent on experience. Benefits include: 25 days paid holiday a year; pension contributions; health insurance; interest free season ticket loan; and subsidised gym membership.

Peters and Peters actively champions diversity and inclusiveness. If you require any reasonable adjustments to assist you during the recruitment process, please let us know.