Kennedys is looking for a Compliance Cashier to join the Finance team in the Chelmsford office.
The successful candidate will contribute to the effectiveness of the Finance team by delivering a comprehensive, accurate and efficient compliance cashiering service to internal and external clients. The role will support the firm and department in achieving their business objectives while ensuring financial transactions are processed in accordance with relevant regulatory requirements, jurisdictional accounts rules and firm policies.
The Compliance Cashier will maintain the high standard of service offered to the firm's existing clients and help further the professional reputation of the Financial Operations team, the office and the firm.
Team
Kennedys Finance team support the firm globally producing timely and accurate financial and management information, reporting solutions and operational support to maintain the high standard of service offered to the firm's internal and external clients.
Our Finance team is made up of Financial Control, Financial Planning and Reporting, Management Accountants, Credit Control, Legal Cashiers and Billers and Financial Operations Database teams.
Our UK Finance team is based in Chelmsford and London and have a presence in eight global offices.
Key responsibilities
- Assist with financial operations cashiering projects and ensure compliance with solicitors' accounts rules across multiple jurisdictions
- Undertake forensic reviews of client account balances
- Liaise directly with lawyers, partners and clients to ensure the prompt return of residual balances
- Monitor and test work undertaken by the Financial Operations team to ensure adherence to regulatory requirements and internal service-level agreements
- Identify required improvements or remedial action and present findings and recommendations to the management team
- Design internal guidelines and contribute to the development of the firm's compliance infrastructure to support effective operational controls
- Liaise with the Solicitors Regulation Authority on Accounts Rules queries and prepare papers for appropriate submission
- Assist with the reconciliation of all firm bank accounts, working with the Cashiering Manager and Assistant Cashiering Managers to resolve issues promptly and record breaches where necessary
- Assist with monthly reporting requirements under the SRA Accounts Rules
- Assist in preparing monthly Board reports
- Deliver an effective and timely service by managing workload efficiently and maintaining a high degree of accuracy
- Perform any other relevant tasks as required by the firm
- Operate safely and considerately in the workplace
Required experience
- 3–5 years' experience working within a legal Finance department
- Comprehensive knowledge of the SRA Accounts Rules
- Excellent analytical and financial skills, with strong attention to detail
- Demonstrable experience reviewing and reconciling residual client account balances
- Excellent communication and relationship-building skills developed within a partnership environment
- Excellent IT skills, particularly in Microsoft Excel
- Commitment to delivering a professional service to the highest standards
- Ability to prioritise workload effectively and meet deadlines
Please let us know if you require any additional support or adjustments to be made in order to submit your application to Kennedys.
*where a level of experience is indicated, this is a guideline only and represents the amount of time we would usually expect a candidate to accumulate the requisite level of experience. This does not preclude applications from candidates with more or less experience.
About Kennedys
Kennedys is a global law firm with expertise in dispute resolution and advisory services. With over 3,000 people in 45 offices across 18 countries around the world we have some of the most respected legal minds in their field.
Our lawyers handle both contentious and non-contentious matters, and provide a range of specialist legal services, for many industry sectors but we have particular expertise in litigation and dispute resolution, especially in defending insurance and liability claims.
We're a fresh-thinking firm, and we're not afraid to bring challenging new perspectives to the table way beyond the traditional realm of legal services. We empower our clients with a diverse range of ideas, tools and technology to make their lives easier, as well as delivering exceptional results, every time.
What do we have to offer?
We welcome high-performing lawyers, business services professionals, secretaries, graduates and apprentices to join our rapidly expanding global firm. Whatever your role at Kennedys, you'll be involved in exciting and stimulating work, where your input will make a difference.
Our culture and values form a big part of who we are and we take them seriously. We make a difference by being approachable, straightforward, supportive, distinctive and ambitious. Our values are at the core of who we are and what make us a great firm to work with and for.
The Firm recognises the value of investing in our people's development and believes our culture and values contribute to the quality of our work and of our client relationships. With a culture of on-the-job and experiential learning, peer to peer learning, mentoring, resources and tools that enable you to drive your career, we can support your development in your current and future roles. A variety of other opportunities are available including secondments to clients and our global offices.
We strive to celebrate diversity, empower our people and ensure everyone can bring their authentic selves to work. We've created a culture based on client service, professional excellence, hard work and trust, where diversity, equity and inclusion (DE&I) is a key priority. We recognise that many of our people want to work for an employer that is aligned to their values, which is why we are building an inclusive culture, decarbonising our operations and supporting our people to thrive at work. Our people are the key to driving this change and helping us to make a difference to our clients, our people and the communities in which we live and work.
Kennedys is an equal opportunities employer and is committed to ensuring our recruitment processes are as inclusive as possible. We expect all employees to be aware of and comply with all relevant policies and procedures within their jurisdiction, including those relating to Information Security, Data Protection and Quality Management, refer any breach promptly to Risk & Compliance and to complete all mandatory training when requested.
