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Legal Finance Manager

Artis Recruitment
Job LocationBristol
EducationNot Mentioned
Salary£55,000 - £65,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

Role: Legal Finance ManagerArtis Finance are delighted to be working with a national law firm based in Central Bristol. Our client is recruiting for a Legal Finance Manager to be responsible for the day-to-day management of the firm’s office finances.Main Responsibilities

  • Manages the Legal Finance team and audits their work on a daily basis to ensure compliance.
  • Coaches, develops, and motivates the Legal Finance team, driving team performance. Conducts supervision meetings, annual appraisals, and performance grading.
  • Monitors systems and processes within Legal Finance to ensure they are efficient and effective. Proactively identifies opportunities for improvement. Drives a continuous improvement culture.
  • Management of the firm’s control account ledgers for office and client accounts. Ensures that they reconcile and are compliant.
  • Management of disbursements and associated client account balances. Ensures the correct treatment is applied.
  • Maintains a breaches register and works closely with the Risk & Compliance team including the internal audit function and information security on client file management. Escalates any issues to the Partners, COLP, COFA, and Financial Controller.
  • Overall responsibility for (NI) LLPSAR external audits (SRA, Law Society of Scotland, Law Society of NI, and ROI Law Society) with our external auditors, and HMRC for VAT/NI.
  • Responsibility for and management of both internal and external audits of Legal Finance. Ensures they are conducted professionally and meet the expected outcome.
  • Regularly reviews and amends policies regarding matter management, VAT for legal finance, and other regulatory legal financial requirements.
  • Preparation of the firm’s daily cash flow for review by the Financial Controller.
  • Responsibility for all bank software including fraud awareness within the team and the ability to meet the SLAs set.
  • Maintains a strong working relationship with numerous banks for day-to-day office and client account management purposes.
  • Be a key member of the software upgrade project team, ensuring any updates to the finance software are fully tested and signed off.
  • Active in internal and external projects that have an impact on the Legal Finance function, this includes acquisitions and mergers, data conversions, and changes in legislation.
    • Experience & Skills
  • Knowledge of legal accounting principles and procedures.
  • Qualified legal cashier. Minimum 5 years’ experience.
  • Knowledge of E&WSAR (NI, Scotland, ROI an advantage)
  • Knowledge of VAT for legal finance.
  • Excellent accounting software user and administration skills. Strong Excel user.
  • Management and supervision experience.
  • Fellow of the Institute of Legal accounts managers.
    • Salary: £55k - £65k Required skills
  • legal cashier

    • Keyskills :
    legal cashier

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