To support the Client Cash team in their duties of providing services to the business relating to all incoming and outgoing payments made from our various client accounts and all associated tasks and responsibilities.
Working in a rota with other team members to include, but not limited to, the listed tasks:
- Understand the rules of dealing with funds we hold on behalf of a client
- Understand which banks each of the accounts is held with and access multiple banking platforms to review incoming and process outgoing payments
- Review of daily bank statements and internal notifications to identify funds coming into our client accounts and allocating to the correct client matter
- Placing unidentified funds into suspense accounts and carry out various investigations to identify where funds belong
- Liaise with our internal Office of the General Counsel regarding unidentified funds which need to be returned
- Manage our suspense spreadsheet including investigating any receipts, updating transactions with notes, return payments where appropriate
- Liaise with the banking institutions we bank with regarding queries
- Monitor and action requests, respond to queries in the various teams mailboxes
- Receive, check and process requests for outgoing client payments using our payment portal or cheque printers
- Produce a weekly stats report and rota for payment approvers
- Review and action daily breaches report (where funds are paid into the wrong account)
- Make and receive phone calls to Partners, Fee-earners, secretaries and external callers regarding notifications and queries
- Calculate interest on client funds where required
- Process transfers of funds between accounts where required
- Any other adhoc duties as required
The candidate will be able to demonstrate the following key skills and attributes:
- Have experience working in a very busy Finance dept
- Be able to master and work with multiple IT systems
- Be used to dealing with large volume workloads and be able to work to strict deadlines
- Display accuracy and attention to detail
- An ability to communicate effectively and to build strong working relationships with both team members and internal clients
- Ability to respond speedily and accurately to both internal and external customers’ demands in a confident, efficient manner
- Be able to use initiative based on knowledge experienced through the work
- IT literate
- Flexibility with regard to hours and travel
As a Disability Confident Scheme employer, we’re committed to providing an inclusive and accessible recruitment process. If you need any reasonable adjustments at any stage (including the application, assessment or interview process), please contact
[email protected] in confidence with the vacancy reference in the subject line, and we’ll be happy to help.
We are a leading international legal business with over 3,000 colleagues and a diverse range of capabilities. We are market leaders in insurance, health and real estate but with a full-service offering, including growing Financial Services and Tech capabilities. We represent a wide range of clients – from household names to government departments and NHS bodies. We act for nearly all of the top-20 UK and global insurers, we're market leaders in the provision of strategic, commercial and regulatory advice to providers and commissioners in the health sector, and in real estate we advise all of the UK’s top-five housebuilders.
We are a fast-growing international business with offices around the globe. In addition to our 11 UK offices, we also have offices in Bogota, Buenos Aires, Dublin, Lima, Los Angeles, Hong Kong, Madrid, Mexico City, Milan, New York, Paris, Rome, Santiago de Chile, and Singapore plus a representative office in Miami and broad network of affiliations across the globe.
At DAC Beachcroft we are committed to and recognise the importance of equity, diversity and inclusion across the board, including and beyond the protected characteristics. We take decisions based solely on merit. We value, welcome and seek out people with different backgrounds and life experiences, perspectives, beliefs, ways of thinking and identities.
We are happy to talk flexible working with our Flex Forward scheme. We would encourage you to talk to us about our approach to flexible working during the hiring process if you would like to explore this further.
Note for Recruitment Agencies
DAC Beachcroft manages all vacancies via our in-house recruitment teams, prioritising direct sourcing and referrals. When external support is required, roles are released to selected agencies on our Preferred Supplier List (PSL).
Speculative CVs sent to any DAC Beachcroft employee without prior instruction from our recruitment teams (LLP and CSG) will not be accepted, and no fees will be payable.
