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Perm: 020 7680 7001       Temp: 020 7680 7000

Legal Accounts Supervisor

Finance & Accounting
Permanent
£50000 - £55000 per annum, Benefits: benefits
LHLegalAccountsSupervisor
25-11-2020 03:12 PM
All London
Legal Accounts Supervisor
£50,000 - £55,000
City

You must have experience within a Legal firm and understand Solicitors' Accounts Rules (SARs).

My client, a progressive legal firm based in the heart of the City, is looking for an experienced Legal Accounts Supervisor. You will have previous experience in a supervisor/manager role within the accounts department of a law firm and have a strong knowledge of Solicitor’s Accounts Rules (SARs).  

Duties:

  • Supervising the accounts team and working closely with the Practice Manager
  • Overseeing all checks within the department including bank account details, accounts postings, office credit checks and AML and source of funds checks
  • Monitoring and managing supplier payments, client balances daily checks, system controls and maintenance  
  • Maintaining direct debits
  • Authorisation and checking of all payments & monitoring reconciliations
  • Client account reconciliation and all banking needs and queries
  • Month end routine balancing and checking
  • VAT quarterly submission arranging financing for the same when due
  • Year-end accountant assistance and supply of all information as required
  • Aged debtors review
  • Dealing with consultants’ invoices monthly checks or as and when issued based on contracted terms / also commission and bonus payments as and when they are due
  • Induction training to new joiners on accounts procedures
  • Quarterly review on residual balances
  • Monitoring the undertakings register
  • Overseeing file closure or any leavers where ledgers are not cleared
  • Management reporting and keeping of all records
  • Producing reports as and when needed
  • Dealing with charge out rates and activity type maintenance in the database
  • Policy changes in accordance with Standards and Regulations


Skills/Experience


  • 2+ years’ experience within a similar role in a legal firm
  • Previous supervision experience of employees within an accounts department
  • Knowledge of SAR’s and legal account processes
  • High accuracy and attention to detail
  • Organised and reliable
  • Strong time management skills

 
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EQUAL OPPORTUNITIES Morgan Spencer Recruitment is committed to equal opportunities and actively seeks applications from all sectors of the community irrespective of gender, race, colour, nationality, ethnic or national origin, disability, marital status, sexual orientation, having responsibility for dependents, age, religion/beliefs, or any other reason which cannot be shown to be justified.

CONFIDENTIALITY: All applications are dealt with in strictest confidence and will be processed in accordance with the Data Protection Act 1998

Morgan Spencer Limited, registered in England & Wales No: 4254114


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