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

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

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