As the legal cashier we require a combination of specific technical skills to manage and process financial transactions within a legal context effectively. These skills include:
Proficiency with Legal Accounting Software: Being adept at using specialised software designed for the legal industry, such as case management and accounting systems, is essential. This helps streamline tasks like billing, tracking client funds, and maintaining financial records.
Knowledge of Annual Audit and Inspection Processes: Understanding the procedures and requirements for annual audits and inspections ensures compliance with legal and regulatory standards. This includes preparing documents, reconciling accounts, and liaising with auditors.
Understanding of Industry Accounting Rules and Regulations: Familiarity with the specific accounting principles and regulations governing the legal sector is crucial. This includes the Solicitors' Accounts Rules (SARs) in the UK, which dictate how client money should be handled.
Understanding of Basic Banking Processes: A foundational knowledge of banking operations, such as deposits, withdrawals, and electronic fund transfers, helps in managing day-to-day financial activities.
Proficiency with Double-Entry Bookkeeping: This fundamental accounting principle involves recording each transaction in two accounts, ensuring that the accounting equation (Assets = Liabilities + Equity) remains balanced. It's vital for maintaining accurate financial records.
Knowledge of Maintaining Client and Office Accounts: Legal cashiers must differentiate between client and office accounts, ensuring that client funds are kept separate from the firm's operational funds, in compliance with regulatory requirements.
Ability to Complete VAT Returns: Understanding how to prepare and submit VAT (Value Added Tax) returns is important for ensuring that the firm remains compliant with tax obligations. This includes accurately calculating VAT on invoices and keeping thorough records.
Why Join This Team
Generous Holiday Allowance: Enjoy 33 days of holiday, increasing to 36 days with tenure, plus the option to purchase an additional 5 days.
Family-Friendly Policies: Enhanced maternity leave and a dedicated Christmas shutdown period.
Comprehensive Benefits: Free legal fees Pension plan Private health-care Virtual GP services Annual salary review Cash back options And many more
Office Angels is an employment agency and business. We are an equal-opportunities employer who puts expertise, energy and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, abilities and more. By showcasing talents, skills and unique experiences in an inclusive environment, we help individuals thrive. If you require reasonable adjustments at any stage, please let us know and we will be happy to support you.
Office Angels acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. Office Angels UK is an Equal Opportunities Employer.
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Salary description
£38000.00 - £40000.00 per year