Assistant Management Accountant

Job description / Role

Our client, a prestigious International Law Firm, with a strong global presence and reputation seeks an Assistant Management Accountant to join their team.

A hands-on role, the right candidate will be responsible for Client accounts, Billing and Credit Control, which, with the expansion planned for the Company will lead to other responsibilities to include accounting and financial management.

Key Responsibilities
- Ensure client money is protected at all times and managed in accordance with the Company and Regulated Polices of the rules of Solicitors Regulation Authority (SRA)
- Manage the receipt and payment reconcilliation of Client money
- Prepare Client Account receipts and payments, obtaining authorisations as required and posting in the Firm's Financial Management system.
- Ensure monies held on the clients account are offset against invoices.
- Ensure that balances on finalised matters are returned to the client(s) promptly.
- Weekly review of client account balances in accordance with SRA rules.
- Entering any breaches in the Breaches Register.
- Ensuring the office meets revenue and working capital targets/budgets.
- Work with all partners to prepare, review, finalise and dispatch invoices to clients
- Review reports of unbilled time and disbursements in order to:
- Identify bills to be raised with the objective to reach budget levels for the month Cull dead matters, irrecoverable time and disbursements
- Establish periodic commercial valuation.
- Write-off WIP, unbilled disbursements and outstanding bills in accordance with authorisation limits.
- Ensure you are aware of the agreed terms of each client taken on including billing and payment terms.
- Managing the debt collection process and setting up monthly debt meetings.
- Contacting clients, identifying issues, proactively solving issues to ensure due payments are received.
- Monitoring levels of client exposures and reporting excesses.

Act as support to Finance team at times, which may include:
- Month-end closing, Accounts Payable and disbursements, Bank reconciliations and Petty cash management
- Close and archive completed client matters.
- Conduct ad hoc tasks as directed
- Preparing missing time sheet reports and chasing defaulters.

Requirements

- Bachelors degree in Commerce or Accounting;
- At least two to three years law firm experience working
- Experience of operating computerised accounting systems;
- Strong interpersonal skills with an ability to communicate effectively at all levels within the firm;
- Organizational skills and the ability to manage multiple tasks and projects is essential;
- Must have strong attention to detail and proven ability to handle confidential information in a professional and discreet manner;
- Knowledge of SRA Accounts Rules would be preferable;
- Good working knowledge of Excel and Word.

About the Company

International Recruitment Executives provides a full 360’ recruitment service and takes pride in tailoring solutions to meet each individual client’s needs on a case-to-case basis.

Our service offering focuses on middle level to Senior, Director and C-suite executives across the following specialisms:

• Leisure • Hotel & Hospitality • Banking & Finance • Legal • PR & Communications • Digital & Social Media • Human Resource • Business Operation Professionals

Our range of services includes the following:

Contingency Recruitment

Using our database, network and respected relationships International Recruitment Executives can introduce you to high calibre individuals who are both active and passive within their market and industry; providing a higher level of service to our Clients and Candidates than other consultancies.

Our campaign management service delivers comprehensive support for the end-to-end management of your recruitment campaign. We devise and run a bespoke campaign dealing with the initial marketing through to selection and on boarding of the selected individuals.

Executive Search

Our dedicated sourcing team is consistently mapping the market within their specific industry and discipline enabling them to identify and select suitable candidates for your organization. We utilise a tried and tested search methodology that ensures we find the best candidate to fill your specific brief whilst also ensuring and maintaining confidentiality.

Bespoke Recruitment Projects

Our projects team is experienced in delivering bespoke project recruitment solutions. Clients utilize this service during restructures and rapid growth to alleviate pressure on their own internal recruitment teams. We work directly with our Clients by providing them with advice and dedicated support to identify the requirements of their business by taking full responsibility of the project and recruitment life cycle requirements to ensure the delivery of high quality support service