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 by leading a high-performing finance team in a thriving environment.
- Qualifications: 8+ years of experience in finance leadership and team management required.
The predicted salary is between 60000 - 75000 £ per year.
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
- 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.
Head of Transactional Finance employer: Aila Recruitment | B Corp
Join a leading UK retailer that values ambition and innovation, offering a dynamic work culture where your contributions directly impact financial performance and strategic growth. With significant investment in digital transformation and a commitment to employee development, this role provides an excellent opportunity for professional growth while enjoying competitive benefits such as a generous salary, car allowance, and hybrid working arrangements in the vibrant city of London.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Transactional Finance
✨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 AP & AR and think of ways you can contribute to their goals. This shows you’re not just another candidate but someone who’s genuinely interested in making an impact.
✨Tip Number 3
Practice your leadership stories! 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, so make sure you’ve got some solid anecdotes up your sleeve.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re here to support you throughout the process, so let’s get you that dream job together!
We think you need these skills to ace Head of Transactional Finance
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 skills can drive our team to success. Keep it engaging and personal!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you've improved processes or led successful projects in your 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 expertise in managing large volumes of transactions. Brush up on key metrics related to accounts payable and receivable, and be ready to discuss how you've improved efficiency and accuracy in previous roles.
✨Showcase Your Leadership Style
You’ll be leading a team of 17, so it’s crucial to convey your leadership approach. Prepare examples of how you’ve motivated teams in the past, resolved conflicts, and driven performance improvements. Highlight any specific strategies you’ve used to engage and develop your team.
✨Be Ready for Process Improvement Discussions
The role involves streamlining and automating processes, so come prepared with ideas. Think about past experiences where you successfully implemented changes that enhanced efficiency. Be ready to discuss how you would approach similar challenges in this new role.
✨Communicate Clearly and Confidently
Strong communication skills are essential for this position. Practice articulating your thoughts clearly, especially when discussing complex financial concepts. Use examples from your experience to illustrate your points, ensuring you can convey your ideas effectively to both finance and non-finance stakeholders.
