Bowmans Law Firm Banking Administrator – Finance Jobs in Johannesburg, South Africa
Experience and Qualifications:
Diploma in Accounting or studying towards a BCom Accounting degree
1 – 2 years’ experience in financial accounting within a trust and treasury environment or a similar role in a professional service environment
Knowledge of the Legal Practice Act and Legal Practice Rules as well as online banking systems
Experience in foreign currency transactions beneficial
Proficient in Microsoft Excel and Office
Note: This position will require flexibility in working hours. It is also expected that the person will work some overtime from time to time as the need arises.
Job Accountabilities:
Process investment transactions (opening and closing of investments) with correct supporting documentation), accurately and timeously in accordance with trust checklists and in compliance with Legal Practice Act and Legal Practice Rules
When dealing with investments accounts ensure that the Legal Practice Act and Legal Practice Rules, FICA, and FATCA are adhered to
Replying to inward foreign funds received – ZAR and trading
Ensure balance sheet reconciliations done accurately and timeously at month-end
Ensure daily manual reconciliations are done accurately and balance daily
Processing of daily attorney trust and bank transactions (local and foreign), accurately and timeously in accordance with Legal Practice Act and Legal Practice Rules.
Prepare and send an outstanding list of trust receipts daily to directors and staff for identification and allocation. Capture trust receipts per the allocation.
Provide trust-related information to auditors timeously, as, and when required
Capture and process trust transfers accurately and timeously in accordance with trust checklists and in compliance with Legal Practice Act and Legal Practice Rules
Ensure client authorization is obtained for all trust transfers, where funds are to be moved to a retainer
Ensure S86(2), S86(3) and S86(4) interest is correctly accounted for, paid over to the LPC/LPFF in compliance with Legal Practice Act and Legal Practice Rules (manual and automatic sweeping by bank) for all local and foreign trust accounts, and reconciliation done monthly.
Ensure that all investments reconcile to bank statements
Monitor unidentified/unallocated business and trust receipts
Ensure payment of unclaimed funds to the LPFF, accurately and timeously in accordance with Legal Practice Act and Legal Practice Rules. Ensure timeous response to all trust queries received internally and externally
Support the business as and when adhoc financial request come in and provide information that is accurate, of a high standard and delivered within required timeframes
Assist with designated and identified projects and initiatives
Purchasing forex – liaise with service provider to purchase forex for directors and staff traveling overseas after ensuring that all necessary documentation has been provided
Ensure that all debtor receipts (local and foreign) are captured accurately daily and any trust-related funds are moved to the trust account in accordance with Legal Practice Act and Legal Practice Rules
Capture reversals and write-offs as and when they arise
Capture local and foreign payments accurately and timeously on the banking system, before submitting them to financial managers for verification and directors for releasing daily
Personal Attributes:
Perseverance:
Be able to work well under pressure to meet deadlines, without compromising work quality or standards,
Superior attention to detail and accuracy.
Teamwork:
Work together with colleagues and staff to enhance the team’s overall performance.
Ethical:
Display honesty and integrity at all times.
Skills:
Planning/priority setting:
Coordinate and have an orderly structure in place to achieve goals, objectives and tasks. Good time management.
Good communication skills:
Able to express ideas clearly, and produce documents that have appropriate organization and structure.
Computer literacy:
Proficient in Microsoft Word, Excel, Online Banking, and accounting packages/software.
Interpersonal skills:
Good interpersonal skills to communicate and build relationships within the firm.
How to Apply
For more information and job application details, see; Bowmans Law Firm Banking Administrator – Finance Jobs in Johannesburg, South Africa
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