Transactional Finance Team Lead - Cash & Allocations in Stretford

A typical day as a Transactional Finance Team Lead - Cash & Allocations

No two days look exactly the same here, and that’s part of what makes it work.

• What you’ll be doing
• As Transactional Finance Team Lead, you'll lead the day-to-day operation of the Cash & Allocations team, ensuring services are delivered accurately, efficiently and within agreed service levels.
• Own operational performance across the Cash & Allocations team, driving same-day cash posting, reducing unallocated cash balances and maximising automated payment matching rates.
• Validate remittances through the automated scanning system, liaising with customers on the allocation of payments.
• Oversee the rebate management process, customer refunds, write-offs and write-backs, and manual invoicing and credit notes.
• Manage bank administration of the online banking portal, including creation of bank templates and standing orders, monitoring balances and creating new users.
• Process all payments (including Accounts Payable, HMRC, cash movements, rebates and refunds) through the online banking tool, ensuring appropriate controls are adhered to and the relevant accounting entries and journals are completed.
• Ensure quality control across monthly cash book reconciliation, so GL and cash balances are aligned and all differences are accounted for appropriately.
• Complete monthly bank reconciliations across all bank accounts and companies, identifying and correcting differences where necessary.
• Manage the suspense ledger account to ensure it maintains minimal transactions at any time.
• Lead, coach and develop the Cash & Allocations team, setting objectives and managing performance.
• Develop succession plans and training programmes.
• Ensure KPIs and SLAs are achieved and reported.
• Support month-end close, including commercial and bad debt write-offs, journals and reporting.
• Maintain robust financial controls, and internal/external audit readiness and compliance.
• Manage escalations, customer relationships and continuous service improvement.
• Build effective relationships with Finance, Management Accounting and wider business stakeholders.
• Drive continuous improvement, automation and process standardisation.

We’re looking for someone who knows how to get things done and works well with others to make it happen.

What you’ll bring

• You don’t need to tick every single box, but you’ll likely bring

• Confidence working with financial systems, with excellent attention to detail.
• Proven experience managing multiple priorities under tight deadlines.
• A proactive approach to problem-solving.
• The ability to work collaboratively across teams.
• Experience leading, coaching and developing a team, with a focus on performance and development.
• A passion for finance, precision and getting things right.
• Most importantly, you’ll bring the mindset of a Pro
• You take ownership.
• You communicate clearly.
• You work collaboratively.
• You look for better ways to do things.
• You see things through properly.
• What you’ll get back
• 25 days holiday plus bank holidays.
• Your birthday off every year to spend how you want.
• Healthcare Cashback Plan with money back on things like dentists, opticians and sports massages.
• Flexible and hybrid working.
• Free onsite gym at head office.
• Training and development opportunities to keep growing your skills and career.
• Discounts and cashback through our perks platform.
• Flexible benefits including Cycle to Work and Holiday Buy.
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