At a Glance
- Tasks: Manage intercompany accounts, improve cash collection, and support financial planning.
- Company: Dynamic business near Leicester with growth opportunities.
- Benefits: Potential career progression to Financial Controller and competitive salary.
- Other info: Collaborative environment with opportunities for professional development.
- Why this job: Join a supportive team and make a real impact on financial strategies.
- Qualifications: Experience in finance management and strong analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
FRS are recruiting a Transactional Finance Manager for a business based on the outskirts of Leicester - easily commutable from Coventry, Tamworth, Rugby, Derby & the outer edges of Birmingham. The business needs someone to support the Financial Controller with future planning in mind as this role will have very real possibilities of progressing into the Financial Controller role upon retirement.
Duties will include:
- Overall management of intercompany accounts, invoices and payments to ensure they are to schedule alongside the Management Accounts team.
- Improving cash collection by way of monthly reporting and measuring a reduction in debtor days and query resolution across the business.
- Working with the sales & marketing teams on pricing & costing project work - analysing & reporting.
- Management of the business's expenses claim process.
- Reviewing and approval of supplier & internal payments and expenses.
- Credit reviews of new customer accounts whereby they are categorised outside the business's agreed approval limit.
- General support on AP & AR processes and ability to complete where required.
- Review of credit allowances, terms and payment methods on customer and supplier accounts.
- Finance review and approval of any refunds or miscellaneous payments made to customer or supplier accounts.
- Control of team KPIs and targets.
- Analyse aged debtors on customer & supplier.
- Query reporting externally and internally monthly for customers & suppliers.
- Control and maintain data spreadsheets for each team ensuring data is completed monthly and issued to relevant internal departments.
- Review any key concerns within the team regularly and implement any training that the team may need/wish to do.
- Attend monthly board meetings.
Transactional Finance Manager in Leicester employer: FRS Ltd
FRS is an excellent employer that values its employees by offering a supportive work culture and opportunities for professional growth, particularly in the finance sector. Located near Gravelly Hill, Birmingham, the company provides a hybrid working model, competitive salary, and the chance to mentor an AAT apprentice, making it a rewarding environment for those looking to advance their careers in accounting.
