At a Glance
- Tasks: Lead the Accounts Payable and Cash Management functions while ensuring accurate financial reporting.
- Company: Join Buzz Bingo, a dynamic company driven by remarkable people and a passion for success.
- Benefits: Enjoy perks like remote GP access, mental wellbeing apps, and 50% off bingo tickets.
- Why this job: Be part of a supportive team that values your growth and offers exciting career development opportunities.
- Qualifications: Professional accountancy qualification is desirable; experience in managing transactional services is essential.
- Other info: This is a full-time, temporary role with potential for extension, based in Nottingham with hybrid options.
The predicted salary is between 52000 - 78000 £ per year.
Location: Nottingham / Hybrid
Salary: Up to £65,000.00 per Annum depending on experience.
Full-time, Temporary 12 month FTC with potential to extend further.
About Us: We are Buzz Bingo and our success is driven by our dedicated Remarkable People.
Role Overview: We are seeking an individual who can demonstrate a strong understanding of balance sheet/management accounting impacts. Highly organised and happy to provide leadership and guidance to their teams.
Key Responsibilities:
- Assume full ownership and accountability for the on-going delivery of all aspects of the Accounts Payable and Cash Management functions.
- Working with Procurement to ensure that the P2P process is adhered to.
- Work with the Property Team, Landlords and their Agents to investigate and resolve account queries.
- Maximise the functionality of Hubble (reporting tool for ERP system) to ensure that best use is being made and work with other Finance departments to develop reports from Hubble.
- Deliver right-first-time transactional processing to ensure correct entries for financial reporting VAT and other taxes.
- Lead the development and execution of efficient, timely, reliable and cost-effective processes across all department areas.
- Ensure all processes are documented/up to date for each functional area.
- Direct all cash management activities ensuring cash is banked and reconciled accurately and working with other departments to ensure reconciling items are investigated and cleared.
- Support the production of timely and effective cashflow forecasting, regular review with Senior Finance personnel to agree on payments.
- Supervise the AP function ensuring the timely processing of invoices, accurate VAT coding and completion of period end stock journals.
- Working closely with the Indirect Tax Manager to ensure that processes and systems are updated with changing legislation or business change.
- Identify development needs for team and working with individuals to achieve personal objectives.
- Proactively investigate and resolve issues and queries.
- Support the Head of Transactional Services with various tasks and projects when required.
Knowledge and Experience:
- A professional accountancy qualification (ACA/ACCA/CIMA) is desirable, or demonstrable understanding of management account inputs and impacts, as well as balance sheet risks and controls.
- Extensive experience of managing an Accounts Payable/Transactional Services Team, ideally in a multi-site retail business with an online presence.
- Continuous improvement and a sound understanding of Finance systems and the interactions with other systems.
- Organised, good at multi-tasking and prioritising your work whilst retaining tight controls on BAU.
- Strong communication skills to effectively converse with both internal and external stakeholders at all levels.
- Enquiring mind that is used to solving the most complex problems.
- High level of accuracy and attention to detail.
- Ability to react to high pressure scenarios.
- The ability to work as part of a team as well as individually with minimal supervision along with the ability to plan own time effectively.
- Experience demonstrating proficiency of MS Office Applications, with strong Excel skills.
- Oracle experience & Reporting Writing tool (JD Edwards & Hubble) preferable.
- Flexible approach, and able to quickly build an understanding of end to end processes.
Hit the Jackpot with Our Benefits:
- A physical and mental wellbeing app for you and your family giving you fast remote access to a GP for advice and more.
- Thrive App – for your mental wellbeing approved by the NHS.
- My Eva – an online financial expert to help with any money-related matters.
- Buzz Brights Apprenticeships including Buzz Learning, our digital learning platform with access to 100s of online courses.
- In-house Training – Fire safety, Food safety 1 & 2, COSHH and more.
- Access to Trained Mental Health Advocates for advice on your mental wellbeing.
- Staff discount 50% off bingo tickets, food & soft drinks.
- Option to buy additional 5 days leave.
If you are a motivated professional with a passion for transactional services and a desire to excel in your career, we would love to hear from you. Join us at Buzz Bingo and be part of a team that values your contributions and invests in your success.
Transactional Services Manager employer: Buzz Group Limited
Contact Detail:
Buzz Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transactional Services Manager
✨Tip Number 1
Familiarise yourself with the specific financial systems mentioned in the job description, such as Oracle and Hubble. Understanding these tools will not only help you during the interview but also demonstrate your proactive approach to mastering the role.
✨Tip Number 2
Highlight your experience in managing Accounts Payable teams, especially in a multi-site retail environment. Be ready to discuss specific challenges you've faced and how you overcame them, as this will show your capability to handle the responsibilities of the role.
✨Tip Number 3
Prepare examples of how you've implemented continuous improvement processes in previous roles. This aligns with the company's focus on efficiency and will showcase your ability to drive positive change within the team.
✨Tip Number 4
Brush up on your communication skills, particularly in explaining complex financial concepts to non-financial stakeholders. Being able to convey information clearly will be crucial in this role, so practice articulating your thoughts succinctly.
We think you need these skills to ace Transactional Services Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in accounts payable and cash management. Use specific examples that demonstrate your leadership skills and ability to manage a team effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Buzz Bingo. Mention how your professional accountancy qualification and experience align with the job requirements, particularly your understanding of balance sheet management.
Highlight Relevant Skills: Emphasise your strong communication skills and problem-solving abilities. Provide examples of how you've successfully navigated high-pressure scenarios or resolved complex issues in previous roles.
Showcase Continuous Improvement: Discuss any initiatives you've led or contributed to that improved processes within your previous teams. This could include implementing new finance systems or enhancing reporting tools like Hubble.
How to prepare for a job interview at Buzz Group Limited
✨Showcase Your Accounting Knowledge
Make sure to highlight your understanding of balance sheet management and accounting impacts during the interview. Be prepared to discuss specific examples from your past experience that demonstrate your expertise in these areas.
✨Demonstrate Leadership Skills
As a Transactional Services Manager, you'll need to lead a team effectively. Share instances where you've successfully guided teams, resolved conflicts, or improved processes. This will show your potential employer that you can take charge and inspire others.
✨Familiarise Yourself with Hubble and Other Tools
Since the role involves maximising the functionality of Hubble and other finance systems, it’s beneficial to have a basic understanding of these tools. If possible, review their features and think about how you’ve used similar systems in the past.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially in high-pressure situations. Prepare by thinking of complex issues you've faced in previous roles and how you resolved them, particularly in relation to cash management and accounts payable.