Accountant, Accounting Manager, Senior Accountant

Job Title:

Accountant

Times:
Monday - Friday 9am - 5.30pm

We are currently hiring for a leading law firm based in Luton looking for a Qualified/ part qualified or qualified by experience Accountant to join their accounts team.

Key Duties and Responsibilities of the Accountant

• Maintain the firm's financial records and oversee the day-to-day operation of the firm's banking arrangements, including the Client Account, Office (Business) Account and VAT Account.
• Manage all cash movements, ensuring the accurate and timely processing of receipts, payments, transfers and reconciliations.
• Process client and office banking, including electronic payments (BACS, CHAPS and Faster Payments), cheque payments and daily banking transactions.
• Carry out daily client ledger reviews and undertake zero balancing of client ledger
• Perform daily, weekly and monthly bank reconciliations for all firm bank accounts, investigating and resolving any discrepancies promptly.
• Prepare quarterly cash flow forecasts and financial analysis reports for senior management.
• Prepare payroll information and liaising with external accountants who do payroll.
• Prepare and assist external accountants with VAT returns.
• Post accounting transactions accurately and maintain complete and orderly accounting records within the firm's accounts and document management systems.
• Assist with month-end and year-end accounting processes, including providing information and schedules required by the firm's Accountant and external auditors.
• Monitor aged client balances, unpaid disbursements and residual client balances, taking appropriate action to ensure compliance and efficient cash management.

Skills, Knowledge & Experience of the Accountant

• Bookkeeping and accountancy
• Written and oral communication skills
• Excellent IT skills and proficiency with LEAP (case management system)
• Excellent communication and organisational skills
• SRA Standards and Regulations and SRA Accounts Rules (Desired NOT essential)
• Accounting and Financial procedures