At a Glance
- Tasks: Lead a team to manage day-to-day financial operations and improve processes.
- Company: Dynamic SME focused on efficient financial management.
- Benefits: Competitive salary, career development, and a supportive team environment.
- Other info: Fast-paced environment with opportunities for process innovation.
- Why this job: Make a real impact in finance while developing your leadership skills.
- Qualifications: Experience in transactional finance and team management preferred.
The predicted salary is between 45000 - 55000 £ per year.
The Transactional Finance Manager is responsible for overseeing the day-to-day financial operations of the business, ensuring the efficient processing of all transactional activities including accounts payable, receivable, and cash management. This role will lead a small team, drive process improvements, and ensure strong financial controls are in place.
Key Responsibilities
- Team Management
- Manage, mentor, and develop a team of 3 transactional finance staff
- Allocate workloads and ensure deadlines are consistently met
- Conduct regular performance reviews and provide ongoing coaching
- Accounts Payable (AP)
- Oversee purchase ledger processes including invoice processing, approvals, and payment runs
- Ensure supplier payments are accurate and made on time
- Manage supplier relationships and resolve escalations
- Accounts Receivable (AR)
- Oversee sales ledger, billing, and collection processes
- Monitor aged debt and drive timely collections
- Implement credit control procedures to minimise bad debt
- Cash & Banking
- Manage daily cash flow and banking activities
- Prepare short-term cash flow forecasts
- Ensure bank reconciliations are completed accurately and on time
- Processes & Controls
- Ensure robust financial controls and compliance with company policies
- Identify and implement process improvements and automation opportunities
- Maintain accurate financial records and audit trails
- Month-End & Reporting Support
- Support month-end close processes, including reconciliations (AP, AR, bank)
- Provide reporting and analysis on transactional activity
- Work closely with the Finance Director to ensure accuracy of financial data
- Systems
- Oversee finance systems used for transactional processing
- Support system improvements or implementations where required
Key Requirements
- Experience
- Proven experience in a transactional finance role (e.g. AP/AR Manager, Finance Manager)
- Experience managing or supervising a small team
- SME environment experience preferred
- Skills & Competencies
- Strong understanding of end-to-end transactional finance processes
- Excellent organisational and leadership skills
- Strong attention to detail and accuracy
- Ability to improve processes and drive efficiencies
- Good communication skills, both internal and external
- Qualifications
- AAT qualified or part-qualified (ACCA/CIMA/ACA) preferred
- Relevant experience considered in lieu of formal qualifications
Key Performance Indicators (KPIs)
- Timeliness and accuracy of AP/AR processing
- Reduction in aged debtors and overdue balances
- Accuracy of reconciliations and financial records
- Process efficiency improvements
- Team performance and development
Personal Attributes
- Hands-on and proactive approach
- Strong problem-solving mindset
- Ability to prioritise in a fast-paced SME environment
- Collaborative and team-oriented
Transactional Finance Manager in Long Lawford employer: Investigo Limited
As a Transactional Finance Manager at our company, you will thrive in a dynamic and supportive work environment that prioritises employee development and collaboration. We offer competitive benefits, a strong focus on process improvement, and the opportunity to lead a dedicated team while ensuring robust financial controls. Located in a vibrant area, our workplace fosters a culture of innovation and teamwork, making it an excellent choice for those seeking meaningful and rewarding employment.
