At a Glance
- Tasks: Lead a dynamic team in managing AP & AR processes and drive efficiency improvements.
- Company: Join a leading retailer with a strong focus on sustainability and a vibrant culture.
- Benefits: Enjoy hybrid working, competitive pay, and opportunities for professional growth.
- Other info: Be part of a company with a £4bn turnover and over 1000 sites nationwide.
- Why this job: Make a real impact in a high-performing finance team while developing your leadership skills.
- Qualifications: 8+ years of experience in finance leadership and team management required.
The predicted salary is between 43200 - 72000 £ per year.
Overview
Head of Transactional Finance – (AP & AR) - FTC
Are you an experienced finance leader with exposure to managing and motivating large teams within a transactional finance environment? We’re exclusively partnered with a large Retailer in Hertfordshire as they look to hire a Head of Transactional Fin Ops to lead a team of 17 across AP & AR on a 6-month Fixed Term Contract.
About the Company
- ~£4bn turnover and operating more than 1000 sites nationwide
- The leader in its field, with continuous plans for acquisitions
- Worked with Aila for several years with a high progression & retention rate
- Focused on sustainability with an excellent culture and environment
About the Role
Managing an AP Manager & AR Manager and supporting with their teams of 9 and 6. For all areas of responsibility the Head of Fin Ops is required to ensure that Ledger balances are well managed, current with negligible aged items, that associated Ledger and Balance Sheet Control Accounts are fully reconciled monthly and that the teams are motivated and high performing.
Responsibilities
- Ensure all Billing and settlement is delivered in a timely and accurate manner
- Drive forward improvements in processing to increase efficiency and accuracy
- Review and approve credit notes
- Engage with the wider business to resolve escalated issues and suggest improvements to and further develop the systems, and processes
- Key areas for improvement are with respect to streamlining and automation of processes
- Lead a high performing, motivated team that are able to process large volumes accurately and efficiently
- Lead projects as required by the Finance Director, Finance Operations to ensure that balances on the creditors’ ledgers are in line with expected cash inflow & business spend post month end
- Ensure all cash receipts and payments are allocated on Creditors Ledgers
- Ensuring that all payments are made by Purchase ledger within terms and that the remaining open balances are reconciled to supplier statements
- Suggest improvements to and further develop the systems and processes
- Lead the simplification of expenses and mileage processing
- Lead the response to audit demands that are complex and high volume
Qualifications
- At least 8 years’ experience leading high volume, complex processing teams
- A good understanding of the trading account process, accounting reconciliation techniques and Balance Sheet Control Accounts
- Demonstrable leadership skills, experience managing and motivating large teams
- Excellent organisational skills with the ability to prioritise tasks and to work to deadlines
- Ability to achieve targets whilst maintaining accuracy
- Ability to develop positive working relationships with colleagues and external contacts
- Strong written and verbal communication skills, attention to detail, and the ability to communicate effectively
Pay range and compensation package
- Hybrid working (3 days in St Albans, 2 remote)
How to Apply
We want to hear from you if you\'re excited about this opportunity and believe you have what it takes to excel in this role. Apply now for further information.
About Aila Recruitment
Aila is a specialist finance recruitment business dedicated to providing the best jobs to the best people. We operate as an extended arm of our client\'s business and a career coach for our candidates\' ongoing development.
Equal Opportunity Statement
Not quite the right role for you? Contact us to discuss other opportunities and start a partnership with a finance agency that puts you first.
Head of Transactional Finance in St Albans employer: Aila Recruitment | B Corp
As a leading retailer with a turnover of £4bn and over 1000 sites nationwide, this company offers an exceptional work environment that prioritises sustainability and employee well-being. With a strong focus on team motivation and development, employees benefit from a culture that encourages growth and innovation, alongside the opportunity to lead a high-performing team in a dynamic finance role. The hybrid working model further enhances work-life balance, making it an attractive employer for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Transactional Finance in St Albans
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who might know about opportunities in transactional finance. A friendly chat can sometimes lead to job openings that aren’t even advertised!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to finance and think about how you can contribute to their goals. This will help you stand out as a candidate who’s genuinely interested in the role.
✨Tip Number 3
Showcase your leadership skills during interviews. Be ready to share examples of how you've motivated teams and improved processes in previous roles. This is key for a Head of Transactional Finance position!
✨Tip Number 4
Don’t forget to apply through our website! We’re here to help you land that dream job, and applying directly can give you an edge. Plus, we love seeing candidates who take the initiative!
We think you need these skills to ace Head of Transactional Finance in St Albans
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Transactional Finance role. Highlight your experience in managing large teams and any specific achievements in AP & AR that align with what we're looking for.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Share your passion for finance and how your leadership style can motivate teams to achieve high performance.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use metrics where possible to demonstrate how you’ve improved processes or led successful projects in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Aila Recruitment | B Corp
✨Know Your Numbers
As a Head of Transactional Finance, you’ll need to demonstrate your understanding of financial metrics. Brush up on key performance indicators related to AP and AR, and be ready to discuss how you've improved these in past roles.
✨Showcase Your Leadership Style
You’ll be managing a large team, so it’s crucial to convey your leadership approach. Prepare examples of how you’ve motivated teams in the past, especially in high-pressure environments, and be ready to discuss your strategies for fostering a positive culture.
✨Be Process-Oriented
The role involves streamlining processes, so come prepared with ideas. Think about specific improvements you’ve implemented in previous positions that enhanced efficiency or accuracy, and be ready to share these insights during the interview.
✨Engage with Real Scenarios
Expect situational questions that assess your problem-solving skills. Prepare to discuss how you would handle complex audit demands or resolve escalated issues within the finance team, showcasing your analytical and communication skills.
