Client Money Assistant

Location: City of London, London
Contract Type: Contract
Specialisation: Finance & Accounting
Salary: £30000 - £34000 per annum
REF: BBBH225288_1535547527

Client Money Assistant - 12 Month Fixed Term Contract

Department: Finance
Office: London

Our client is a leading, international firm and is recognised as a leading legal practice where clients can benefit from them both locally and globally.

Your key responsibilities:

  • To make sure all receipts (EFT's / Cheques) into the firm's client account are established and allocated onto host system.
  • To notify partners/associates promptly of the receipt of funds into the client account.
  • Dealing with deposit accounts, as you place money into the appropriate accounts and accounting for interest (under the SRA account rules).
  • The completion of all forms for the bank relating to the General Deposit/Designated Deposit/ Money Market Deposit) and confirming all Money Market Deposits are online.
  • The raising of client account cheques, adhering to internal controls.
  • To guarantee client EFT's are paid away punctually in accordance with the instructutions given by various banking products.
  • The preparation and recording of inter-ledger for client to office transfers and office to client transfer, adhering to internal controls.
  • Aid in recording all client account payments onto the host system.
  • Preparation of the daily client account bank reconciliations on any accounts that had transactions on the prior day.
  • To guarantee all outstanding items are managed promptly.
  • To give a report to partners/associates on all client balances that are held, furthermore, to assist in the clearance of balances whence the matter has closed.

Requirements and expectations:

  • A team player who is supportive and engages well with others.
  • A good communicator with excellent interpersonal skills.
  • Professionalism when performing tasks and demonstrating flexibility by multi-tasking to meet deadlines and hit targets.
  • Adherence to the maintenance of established processes and systems.
  • Excellent numeracy and literary skills with a minimum of 5 GCSE's or equivalent (including at least a grade B in English & Maths)
  • Good knowledge and experience of the SRA Accounts Rules.