Finance Assistant

Location
East London, London
Salary
£24000 - £28000 per annum + Study Support
Posted
22 May 2019
Closes
22 Jun 2019
Ref
14018594/001
Contact
Tara Magwenzi
Sector
Legal
Contract type
Permanent
Hours
Part time

You would be responsible for providing financial and administrative support to the CRE and Corporate practice areas. This includes reporting, billing and invoicing so enables you to get full exposure into accounts.

Client Details

My client is a well established Law firm based in East London. They were established around 20 years ago and since have grown consistently year on year. More recently they have made a number of acquisitions with client from real estate and private wealth sector now expect rapid growth in 2019.

Description

The key responsibilities include:

  • Prepare daily, weekly and monthly financial reports as defined by management
  • Conduct quarterly partner reviews of aged WIP, disbursements, and client balances
  • Take ownership of the monthly billing schedule and process for a key clients
  • Update the monthly overhead expenditure schedule
  • Deal with monthly, quarterly and annual audit requests for various clients
  • Circulate the weekly matter opening reports to the CRE matter partners
  • Assist with marketing queries including posting journals for monthly recharge of entertainment cost to the correct nominal
  • Take ownership of the residual balances to ensure a set quota has been reviewed on a weekly basis
  • Review billing guides, invoices and credit notes received from fee earners and secretaries for compliance with the firm's policies and HMRC/SRA rules
  • Support the billing team to enter invoices and credit notes on to the accounting system as required
  • Review and release payments on behalf of our cashiers
  • To oversee the day to day processing of WIP, including:-
  • File write offs and transfers
  • Assistance in ad hoc queries with respect to the financial aspects of the files
  • File closure and archiving
  • Issue and collect various administrative reports to assist the above
  • Set up new users on system
  • Assist in the delivery of software and other projects as required
  • Assist with year-end accounting and the financial audit
  • Maintain reconciliations for the firm's bank accounts at busy times and as cover
  • Continually appraise existing processes to inform system and procedural development

Profile

The successful candidate will have:

  • Graduated in a numerical degree
  • 2 years' relevant experience within a law firm

Job Offer

On offer to the candidate is:

  • Salary up to £28k
  • Studying support for CIMA ONLY
  • Added benefits

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