Legal Finance Assistant

McKinlay Law; England; Hybrid; GBP 42,000 - 50,000; Full time

Job summary

A leading international law firm is seeking a Legal Finance Assistant to support the Finance Director with a broad range of financial responsibilities. The ideal candidate will have solid technical accounts experience, ideally from a law firm, and knowledge of Solicitors Accounts Rules. Duties include managing client accounting activities, processing bank transactions, supporting billing processes, and monitoring key financial metrics. A great opportunity to further legal accounts experience is offered, with some remote work available post-probation.

Qualifications

• Experience in a law firm environment, ideally a US or international firm.
• Ability to demonstrate strong technical accounts experience.
• Familiarity with financial auditing standards and processes.

Responsibilities

• Manage daily office and client accounting activities.
• Process bank-related activity and perform bank reconciliations.
• Support billing processes and ensure adherence to policies.
• Monitor and report on key financial metrics.
• Prepare VAT workings and returns, assisting with audits.
• Maintain accurate financial data and assist with budgeting.

Skills

Strong technical accounts experience

Understanding of Solicitors Accounts Rules

Experience with 3E

Tools

3E

ChromeRiver

Job description

Job Title: Legal Finance Assistant

Salary: £50,000

Location: Liverpool Street

An international law firm is seeking an experienced legal accounts assistant to support the Finance Director with a broad range of finance and accounting responsibilities. It is essential that you have previously worked within a law firm environment, ideally a US or international firm, and can demonstrate strong technical accounts experience alongside a solid understanding of the Solicitors Accounts Rules. Experience using 3E would also be a desired advantage.

A summary of the duties include:

• Managing day-to-day office and client accounting activities, including accounts payable and receivable, disbursements, partner payments, staff expenses and credit card processing using 3E and ChromeRiver
• Processing bank-related activity, including daily and monthly statement downloads, transaction postings, intercompany transfers, trust receipts reporting and completion of regular bank reconciliations
• Supporting the billing process for the London office by working closely with legal assistants and partners, including raising credit notes, writing off invoices and ensuring all approvals and firm policies are adhered to
• Monitoring and reporting on aged balances, WIP, unpaid disbursements and other key financial metrics, producing regular management and compliance reports
• Preparing VAT workings and returns, reconciling general ledger accounts and supporting statutory, financial and Solicitors Accounts Rules audits
• Maintaining accurate financial and system data, including timekeeper setup and maintenance on 3E, and assisting with budgeting and forecasting activities
• Providing wider support to the finance team through journal postings, accruals, prepayments, depreciation, ad hoc projects and cover during peak periods.

This is an excellent opportunity to gain further legal accounts experience in an extremely reputable firm and take on a broad and varied accounts role within an international set up. The location is ideal for someone commuting into Liverpool Street. Some remote working is available post-probation period.

McKinlay Law endeavour to contact all successful candidates within 24 hours. However, due to the volume of applications that we receive, we are not able to respond to every candidate individually. If you have not heard from us within 24 hours your application has been unsuccessful and we have not retained your details.