At a Glance
- Tasks: Lead a team in managing day-to-day financial operations and drive process improvements.
- Company: Dynamic SME focused on efficient financial management and team development.
- Benefits: Competitive salary, professional growth opportunities, and a collaborative work environment.
- Other info: Fast-paced environment with opportunities for personal and professional development.
- Why this job: Make a real impact by improving financial processes and leading a dedicated team.
- Qualifications: Experience in transactional finance and team management; AAT or part-qualified 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 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 contributing to the financial health of the business. 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.
StudySmarter Expert Advice🤫
We think this is how you could land Transactional Finance Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Investigo Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Transactional Finance Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Investigo Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Investigo Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Investigo Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Investigo Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Investigo Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Investigo Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
