Finance Compliance Officer (FTC)
DAC Beachcroft
Bristol, UK
Published 2 days ago
Business Compliance
Full time
Finance Compliance Officer (FTC)
Application Deadline: 30 June 2025
Department: Business Services - Finance
Employment Type: Fixed Term Contract
Location: Bristol
Reporting To: Gayle Jones
Description
Reporting to the Finance Compliance Manager, the successful candidate will join a team of officers who undertake a variety of tasks including: internal auditing on financial transactions; helping to manage client balances via an in house built tool; reporting on client balances; monitoring and recording breaches of Solicitors Accounts rules; Communicating with other parts of the business on compliance queries and helping to ensure certain actions are met; working with external auditors to provide the necessary information for Solicitors Accounts Rules audits. The firm is regulated by 3 UK regulators, The Solicitors Regulatory Authority (England & Wales), The Law Society of Scotland and The Law Society of Northern Ireland, as such there are 3 sets of accounts rules that need to be adhered to.
Key Responsibilities
Application Deadline: 30 June 2025
Department: Business Services - Finance
Employment Type: Fixed Term Contract
Location: Bristol
Reporting To: Gayle Jones
Description
Reporting to the Finance Compliance Manager, the successful candidate will join a team of officers who undertake a variety of tasks including: internal auditing on financial transactions; helping to manage client balances via an in house built tool; reporting on client balances; monitoring and recording breaches of Solicitors Accounts rules; Communicating with other parts of the business on compliance queries and helping to ensure certain actions are met; working with external auditors to provide the necessary information for Solicitors Accounts Rules audits. The firm is regulated by 3 UK regulators, The Solicitors Regulatory Authority (England & Wales), The Law Society of Scotland and The Law Society of Northern Ireland, as such there are 3 sets of accounts rules that need to be adhered to.
Key Responsibilities
- Auditing transactions posted by finance team and matter files looking for breaches or potential breaches of Solicitors Accounts Rules
- Running reports which help identify breaches or potential breaches of Solicitors Accounts Rules
- Liaising with external auditors and regulators if required
- Co-ordinating and sending e-mails for action around client balances - collating reports, identifying deadlines for correspondence, reviewing matters, updating notes held, identifying required actions and communicating them
- Assist with clearing residual balances - often involving reconciliation work, various searches, liaising with fee earners, contacting clients and completing charity applications
- Experience of working in Legal accounts is highly advantageous, but not essential
- Self-motivation, determination and confidence in their abilities
- Meticulous attention to detail and good organisational skills
- Excellent problem-solving skills
- Ability to work to tight deadlines, and under pressure
- Good written and oral communication skills
- An understanding of legal terminology would also be advantageous
- Good knowledge of Microsoft Outlook, Word and Excel