Head of Legal Accounts / Hove / Finance / Legal
Client Details
A well established legal firm in the Hove area is looking to recruit a full time permanent Head of Legal Accounts.
Description
As Head of Legal Accounts, you will be responsible for:
Client Transaction Management:
* Oversee all client money transactions, including payments, receipts, transfers, and reconciliations.
* Ensure that all client transactions are processed in full compliance with SRA Accounts Rules.
* Monitor and review client ledger balances, addressing discrepancies and queries efficiently.
* Maintain accurate financial records for clients and ensure that funds are held and disbursed correctly.
* Manage and oversee the relationship with the Cashroom.
* Manage the Policies and Protocols.
SRA Accounts Rules Compliance:
* Lead the firm's compliance efforts with SRA Accounts Rules, staying up-to-date with changes and ensuring that all procedures meet regulatory standards.
* Review and implement best practices for handling client money to prevent breaches.
* Report any breaches or concerns to the COFA in a timely manner.
Team Management:
1. Manage a team of accounts and finance staff, setting objectives, providing regular feedback, and supporting professional development.
2. Ensure the team is equipped to handle a high volume of tran...