Part-Time Assistant Accountant

Henry James Recruitment
Milton Keynes
£24000 per year
12 Apr 2017
11 May 2017
Contract Type
Part Time
Role: Assistant Accountant
Location: Milton Keynes
Hours: 10am - 3pm Mon - Fri (25 p/w)
Salary: Dependent on Experience

Our client is a highly reputable solicitor's firm based within Milton Keynes and they are looking for an Assistant Accountant to come and join their dynamic team on a part-time basis.

Role Responsibilities:
Assist the CEO with the:
- Provision of SAR support to the Accounts Manager and the firm where necessary.
- Preparation of monthly management accounts (including but not limited to the fees report; billable hours report; utilisation report; new matters report; profit and loss account) for EMW Law LLP and the processing of year end.
- Compliance of EMW’s COFA responsibilities including, but not limited to, financial file reviews and residual balance monitoring/reduction.
- Compliance of SAR and other financial procedures throughout the firm.
- Provision of ad-hoc financial information.
- Preparation and submission of the VAT return and EC Sales Lists (where appropriate) for EMW Law LLP and all liaison with HMRC.
- Bank reconciliations for client, office and deposit accounts.
- Introduction and adherence of new accounting processes and procedures.

Take responsibility for:
- The preparation of the monthly management accounts in conjunction with the Management Accountant. This includes but is not limited to:
o the addition of new assets and depreciation journal.
o maintaining the EMW Principal’s current and capital accounts.
o maintaining the balance sheet.
o the posting and reconciliation of the salary postings on a monthly basis.
o the posting of routine monthly journals (including accruals) and review of the trial balance prior to the production of the monthly management accounts.
- Assisting the Management Accountant with disbursement monitoring.
- Creation and maintenance of the firm’s Accounts Handbook and any associated training materials.
- Liaison with third parties regarding the finance of the firm (e.g. auditors, bank, other advisors).
- Assisting the Management Accountant with the WiP valuations as and when required.
- Ensuring that the financial postings and transactions are correct.
- Ensuring processes and procedures are in place to minimise errors and risk of fraud.
- Ensuring all financial transactions are effected within the permitted and agreed deadlines.
- Providing support to all teams with financial file management responsibilities with a particular focus on prompt file closures.
- Benchmarking and collating data on performance and practice standards. This will involve analysing data and identifying opportunities for improvement.
- Ensuring that month end responsibilities are effectively covered between yourself and the Management Accountant during times of absence.

To supervise:
- The maintenance of client ledgers with regards to Solicitors Accounts Rules, VAT legislation, money laundering regulations and any other procedures in place from time to time. Including but not limited to; bank reconciliation, liaison with the firm’s bank, interest calculations, disbursement payments, billing, liaison with appointed auditors.
- To have excellent knowledge of and adhere to the firm's service standards at all times.
- Adhere to the firm's IT Security Policies and guidance at all times.
- Liaising with other office functions whilst providing support to everyone within the firm (e.g. General Office, HR, Marketing, Accounts, IT).

Essential Knowledge Areas:
- High academics in maths and English.
- AAT qualified and achieved or studying towards CIMA (or an equivalent Accounting qualification).
- Financial reporting and investigation of queries.
- Familiar with financial processes and procedures.
- A working knowledge of VAT.
- Knowledge of money laundering regulations.
- Previous experience of working within a law firm and an understanding of the SRA Accounts Rules.
- Ability to work within a pressurised environment.
- Confidence and ability to communicate at senior levels and to liaise with all parties both internal and external.

Desirable Knowledge Areas:
- Management Accounting experience
- Legal Accounts Software (“Elite” would be a particular advantage).
- Microsoft Applications (Word, Excel, PowerPoint, Outlook, Access).
- Experience in dealing with bank account transactions.
- Knowledge of online banking systems.

- 20 days holiday
- BUPA Private Health (after 6 months completed service)
- Employee Assistance Programme
- Income Protection Scheme
- Death in Service Benefits
- Perkbox