Legal finance manager

  • Cv Library
  • Blackpool
  •   £35,000 - £45,000
  • posted 24 days ago
  • CV-Library.co.uk

Job description:

We are looking to recruit a Legal Finance Manager for a Legal 500 firm based in Blackpool. Your role encompasses overseeing and managing the day-to-day accounting and legal cashier operations. This will include ensuring efficient procedures aligned with regulatory requirements, maintaining financial records, and providing crucial financial support. Key Responsibilities include: - Managing the firm rsquo;s finances - Preparing management reports, cashflows, expenses, budgets and other management information required by the directors - Monitoring income and expenditure against budgets - Maintaining office and client ledgers - Daily banking and legal cashiering duties - Process client and office payments, including fees, invoices and disbursements/anticipated disbursements - Overseeing the firm rsquo;s credit control and updating policy/procedures - Handle client and office bank accounts, reconciling them regularly - Ensure compliance with legal accounting regulations, AML, Solicitors Accounts Rules and best practices and provide training on financial compliance policy - Prepare and submit monthly financial reports - Provide accountants with relevant information for annual financial accounts - Manage petty cash and office expenses - Handle and/or assist with month-end and year-end financial reports and reconciliations - Invoicing clients for services rendered and chasing overdue payments owed - Submitting quarterly VAT returns for the organisation through the government #39;s online portal - Bookkeeping and/or cross-checking or updating invoice records - Maintain accurate and organised financial records - Collaborate with legal professionals on financial matters - Liaising with compliance officers, clients, operations team, auditors, accountants, regulators, suppliers and banks - Stay updated on changes in financial and legal regulations - Assisting with the annual professional indemnity insurance renewal process - Contribute to the development of the firm rsquo;s financial policies and procedures and provide training to fee earners - Meet with fee earners to review matter lists, billing and financial compliance and carry out staff performance reviews in line with the firm rsquo;s annual appraisal cycles - Handling other non-finance administrative duties , including administrative tasks related to human resources -To assist generally the Directors with any matter that may arise to ensure the smooth running of the department Qualifications: - Good academic background - At least 2 years rsquo; experience in legal finance and/or legal cashiering - Knowledge of legal accounting software and IT skills - Strong understanding of Solicitors #39; Accounts Rules and financial regulations relevant to the legal industry. - Attention to detail and accuracy in financial record-keeping - Excellent communication and interpersonal skills - Ability to work effectively in a team, manage a team and develop/motivate staff An attractive salary and benefits package is on offer including casual dress, employee mentoring programme, on-site parking and sick pay
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