I am currently recruiting for a Finance Officer who is responsible for supporting the financial operations of a well established Law firm based in Basingstoke. The role includes, managing daily finance transactions (accounts payable and receivable), supporting month and year end processes, compliance with regulatory requirements and effective financial controls, as well as supporting with short- and long-term financial planning. This is a fantastic opportunity for someone who is looking for a friendly and supportive team and looking to grow and progress their career within Finance - excellent benefits, further training and competitive salary.
General Duties -
Financial Accounting
• Support the management of all accounts payable and accounts receivable transactions
• Daily bank reconciliations and banking
• Weekly cashflow and projected cashflow
• Weekly income
• Dealing with completions – CHAPS/BACS payments in and out and checking completion statements
• Processing payments and receipts using online banking, cheques and debit cards
• Assisting with the month end and year end close process
• Maintenance of an effective Credit Control system in the absence of the Operations Finance Manager
Compliance and Audit
• File Opening process – check Client Risk & Assessment Forms and ID have been completed in full and carry out AML checks if required.
• File Closure process – check Account ledgers are clear and complete the finance section of the file closure form.
• Support with ensuring compliance with accounting standards, tax regulations, and legal industry rules
• Prepare information as required for external auditors, accountants, and regulators
Budgeting and Forecasting
• Preparing financial reports (to include work in progress and billing) for senior management
• Work with the Finance Managers to track actual performance against budget
• Support the Strategic Finance Manager with firm wide budgets and financial planning
Client management and administration
• Deal with internal accounts queries and other finance related matters as required
• Taking payments over the phone and in person and dealing with client finance queries
• Administration support to the Finance team including filing and scanning as required
Required Skills
Previous experience working in a finance administration or officer role with demonstrable experience of managing daily accounting independently
Professional accounting qualification: AAT Level 2 or 3 as a minimum or, ILFM, ACCA, CIMA, CIPFA or currently studying towards.
Experience of working in a regulated environment (Solicitors Accounts Rules or Legal sector is helpful but not essential)
Strong organisational and time management skills
Proactive with the ability to prioritise effectively
High level of attention to detail/accuracy
Strong written and verbal communication skills
Good working knowledge of Excel, as well as Microsoft Office.
Please send your cv today