Team Leader - Legal Cashiering Team

Job Description

Job Title: Team leaderLegal Cashiering TeamLocation: CardiffSalary: Up to £26,500pa (depending on experience) + Benefits (including employee assistance, life assurance-double your salary, company pension, retailer discounts and many more)NewLaw Solicitors is one of the UKs most innovative and fastest growing law firms, specialising in all areas of personal injury law from whiplash claims to catastrophic injury cases to Wills, Trusts, Court of Protection and Probate. Our philosophy is toput our clients at the heart of everything we do; we have helped over 130,000 clients, recovered over £500m in compensation and more importantly, helped thousands of people get back on their feet with rehabilitation support, welfare assistance and financialplanning.We now have a fantastic opportunity for a Team Leader or an experienced Senior Legal Cashier looking to step into a more challenging management role, to join our Finance - Matter Ledger team in Cardiff providing the legal cashiering function.The Role

• As a Team Leader you will lead, support, engage, motivate, and challenge a team of legal cashiers and finance assistants within the Matter Ledger team to ensure the processing of financial transactions on client files, as requested by case handlers, runssmoothly, helping the firm to deliver high levels of client service. You will be supported by and work with the Senior Team Leader to review processes constantly seeking improvements, as well as deputizing when required.

Your primary duty is:

• To process and oversee financial transactions relating to client files in an accurate and timely manner whilst ensuring strict adherence with SRA Accounts Rules, Anti Money Laundering Regulations and HMRC regulations. This will be across 7 companies includingABSs in a high volume fast paced environment where processing volumes are an average of 19,000 a month.

Main responsibilities of the role include:

• To manage the legal cashiering team workload daily to ensure that they meet performance targets which are in accordance with agreed key performance indicators
• To ensure that all work is carried out to the highest standard and in strict compliance with Solicitors Accounts Rules
• To develop, coach and mentor team members
• To build and maintain working relationships with our internal clients and colleagues

ResponsibilitiesThe team leader, as well as managing the team has a demanding workload of their own which includes:

• Authorising payments both office and client.
• Transaction processing including payments, bills to clients and credit notes and write offs.
• Completing bank reconciliations daily.
• Ensure that month end tasks are completed by the team as well as completing your own tasks.
• Managing the processing of un-actioned cheques, ATE amendments, matching Client to Office Transfers, continually liaising with TPIs for remittances.
• Dealing with ad hoc queries

<u></u>To be a successful team Leader:You will have

• An excellent knowledge of and experience of working within the SRA Accounts Rules
• A knowledge of Anti Money Laundering Regulations and relevant HMRC regulations (e.g. VAT on Disbursement rules)
• A proven track record of working in a legal finance environment in a similar role
• The flexibility to work outside normal office hours as may be required from time to time and be prepared to work in the office.
• An ILFM qualification would be desirablesupport from NewLaw to attain this qualification will be considered in the role.

Be part of our futureIf you would love to join our Matter Ledger team we encourage you to apply today for an immediate consideration.