Menzies LLP Hiring for Business Recovery Cashier Job at London, England Full Time

We are currently looking for a Cashier and Administrator in the Business Recovery department. This is a key position based out of the London office and forms part of the wider Transaction Services service we offer our clients.

The purpose of this role is to provide cashier and business support services to a portfolio of clients.

The job holder will be responsible for monies paid into and out of estate accounts and to keep those bank accounts reconciled and to make sure that the entries are correctly posted to IPS so that reports made to creditors on realisations and expenditure are correct and the relevant legislation and best practice is met.

Key responsibilities include maintaining the accounts for all business recovery cases as well as liaising with Banks and the Insolvency Service regarding funds held.

In addition, the job holder will be asked to carry out functions as business support which may include assisting in the upload of post, general assistance to the partners with correspondence/ forms, setting up internal and external meetings as well as assisting in the submission of VAT and Corporation Tax returns.

Key Duties & Responsibilities:

• Bank reconciliations
• Produce statutory receipts and payments accounts in accordance with the Insolvency rules, regulations and deadlines.
• Bank all funds received into the appropriate accounts and write cheques/ set up electronic payments from the relevant estate bank accounts when requested.
• Open and close bank accounts on behalf of liquidators, trustees etc.
• Monitoring bank balances and payment of funds
• Ensure all entries connected with the estates e.g. trading purchase invoices and trading sales information are put onto IPS.
• Complete journal entries, adding bank interest and charges
• Complete VAT returns
• Complete Corporation Tax returns in certain cases with assistance
• Communicating with external contacts, booking networking events and administrative associated actions
• Researching & organising travel and hotel accommodation for the partners
• Event planning, design and production within time limits
• General client administrative assistance

The Person:

• Some prior experience working in an Insolvency/ Business Recovery practice is preferable
• Good knowledge of IPS desirable
• Good knowledge of insolvency processes
• Builds effective relationships with clients through credible responses and timely updates
• Monitors progress against deadlines and anticipates potential problems for discussion with more senior colleagues
• Draws logical and sensible conclusions from data presented and is able to explain and justify actions when required
• Handles basic incoming enquiries effectively at source
• Takes instruction well and effectively builds on learning to produce strong performance improvements between reviews
• Consistently meets deadlines as agreed with more senior colleagues or dictated by the legislation and regulation.

About Us:

Our focus at Menzies is providing a #BrighterThinking approach, going the extra mile to keep clients on-track to achieve their personal and business objectives. As a leading UK accountancy and advisory firm we have a passion for advising entrepreneurs and SMEs through our sector-led teams.

We apply the same principles to individuals within the Firm. Our people are ambitious, self-motivated and encouraged to develop their skill set and realise their potential.

#BrighterThinking is how we sum up the difference we make, as a firm, to our clients and in the way we hire and develop talent in Menzies. It’s finance and accounting expertise, combined with strategic commercial thinking and a promise to add real value across all areas of our clients’ businesses.

Reference ID: 18360

Job Types: Full-time, Permanent

Additional pay:

• Yearly bonus

Benefits:

• Flexible schedule
• Life insurance
• Private medical insurance
• Referral programme
• Sick pay
• Work from home

Schedule:

• 8 hour shift
• Monday to Friday
• No weekends

Ability to commute/relocate:

• London, Greater London: reliably commute or plan to relocate before starting work (preferred)

Education:

• A-Level or equivalent (preferred)

Work remotely:

• Temporarily due to COVID-19