diff --git a/changelog/unreleased/pull-5047 b/changelog/unreleased/pull-5047
new file mode 100644
index 000000000..ee50c6ec7
--- /dev/null
+++ b/changelog/unreleased/pull-5047
@@ -0,0 +1,7 @@
+Bugfix: Fix possible error on concurrent cache cleanup
+
+Fix for multiple restic processes executing concurrently and racing to
+remove obsolete snapshots from the local backend cache.  Restic now suppresses the `no
+such file or directory` error.
+
+https://github.com/restic/restic/pull/5047
diff --git a/internal/backend/cache/file.go b/internal/backend/cache/file.go
index 12f5f23c5..adc39d687 100644
--- a/internal/backend/cache/file.go
+++ b/internal/backend/cache/file.go
@@ -211,6 +211,10 @@ func (c *Cache) list(t restic.FileType) (restic.IDSet, error) {
 	dir := filepath.Join(c.path, cacheLayoutPaths[t])
 	err := filepath.Walk(dir, func(name string, fi os.FileInfo, err error) error {
 		if err != nil {
+			// ignore ErrNotExist to gracefully handle multiple processes clearing the cache
+			if errors.Is(err, os.ErrNotExist) {
+				return nil
+			}
 			return errors.Wrap(err, "Walk")
 		}