Transactional Team Leader
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Working Pattern: Monday – Friday, 40 hours
Location: Geary’s Bakeries Ltd | Unit D | Optimus Way | Glenfield | Leicester | LE3 8JR
The role
The Transactional Team Leader is responsible for the day-to-day leadership of the transactional finance function and for maintaining strong financial control across the underlying ledgers and balance sheet. The role ensures that core finance processes are completed accurately, consistently and to deadline, and that issues are investigated and resolved at source. The postholder will act as the main link between the Head of Finance and the transactional finance team, taking ownership of balance sheet reconciliations, working capital reporting, VAT preparation, fixed assets, purchase-to-pay controls, statutory submissions and audit support.
The main responsibilities include:
Team leadership and operational delivery
•Lead, support and develop the transactional finance team, setting clear priorities, responsibilities and performance expectations.
•Plan and manage workloads across accounts payable, accounts receivable and associated transactional processes to ensure deadlines are met.
•Act as the first point of escalation for complex customer, supplier and internal finance queries.
Month-end and balance sheet control
•Own the monthly balance sheet reconciliation process, ensuring all reconciliations are complete, accurate, reviewed and supported by clear evidence.
•Review aged and unusual balances, investigate reconciling items and ensure corrective action is agreed and completed promptly.
•Drill into detailed customer and supplier reports to identify errors, duplicated items, unapplied cash, debit balances, overdue items and other exceptions.
•Support the month-end close, including journals, schedules, cut-off reviews and control activities within the role's remit.
Working capital and cash management
•Own the monthly calculation, tracking and reporting of working capital KPIs, including debtor days, creditor days and aged balances.
•Analyse the operational and commercial drivers behind movements in customer collections and supplier balances.
•Identify overdue debt, payment delays, billing issues, blocked transactions and supplier-account risks, and coordinate action with the relevant owners.
VAT, statutory reporting and compliance
•Prepare monthly VAT returns and supporting reconciliations for review and submission.
•Ensure VAT treatment is accurate, consistent and appropriately evidenced, escalating complex or uncertain matters where required.
•Prepare Office for National Statistics submissions where relevant and retain appropriate supporting records. xsabvtc
•Support other statutory, regulatory and compliance reporting within the finance function.
•Maintain process documentation and evidence required to demo...
Transactional Team Leader employer: Geary's Bakeries Ltd
Geary's Bakeries Ltd is an exceptional employer located in the heart of Leicestershire, offering a collaborative work culture that values innovation and teamwork. Employees benefit from comprehensive training and development opportunities, ensuring personal and professional growth while contributing to a dynamic environment focused on optimising production and enhancing efficiency. With a commitment to employee well-being and a supportive atmosphere, Geary's Bakeries Ltd stands out as a rewarding place to build a meaningful career.
