Finance Manager

Role: Finance Manager Location: Haywards Heath Salary: £45-50k The Finance Manager’s role is to ensure the smooth running of the transactional finance department and provide an efficient, fit for purpose service to the business, through the delivery of its core financial functions: Accounts Receivable, Accounts Payable, Credit Control and Payroll. This role is also responsible for the month end close, balance sheet reconciliations, fixed asset register and capital reporting alongside other specific accountabilities performed as listed below in conjunction with, and support from the Finance Business Partner and Financial Controller. Key Accountabilities; Bank & Control Accounts * To oversee the daily/weekly reconciliations of the core bank accounts, and complete a monthly reconciliation of all bank accounts * Authorised bank signatory – process and authorise bank payments * Perform monthly reconciliations of the suspense accounts * Sign off recharge code reconciliations, and confirm all extras applied to invoices, as prepared by the Accounts Receivable officer, are appropriate * To hold the delegated authority for the approval of purchase ledger payments in absence of the Financial Controller Billing Ledger & Credit Control * Oversee the production of, and review the monthly billing ledger reconciliation produced by the Accounts Receivable officer * Govern the credit control process, ensuring all existing processes are adhered to, and propose sound next steps to effectively monitor, chase and receive any outstanding monies owed to the college to the Finance Director * Perform monthly reconciliation of debtors and prepare such reports as required by the Financial Controller for reporting purposes, or for review with the Finance Director * Actively manage the relationship with the college debt collection agency. Maintaining full correspondence records, performing account reconciliations and providing summary updates as required for each case. Purchase ledger * Oversee the production of, and review the monthly purchase ledger reconciliation produced by the Accounts Payable officer * Review and sign off the weekly payment runs Payroll * Review the monthly processing input by the Payroll officer and provide first sign off of the monthly payroll (second sign off is performed by the Financial Controller) * Develop and maintain a suite of reports to support the Financial Controller with monthly analysis of staff costs for the production of management accounts, external audit and ad hoc reporting requirements * Maintain statistical records for audit and regular returns e.g. P11D and support with any payroll enquiries and/or the completion of government/ other returns when required Budget Management * Support the annual production of the budget as directed by the Financial Controller * Provide monthly budget reports to the Academic Budget holders, and ensure variances are understood and explained * Manage the internal recharge process e.g. catering, photocopier, APL Cashflow Reporting * To prepare cashflow actuals on a monthly basis and where appropriate, produce actuals vs. budgeted cashflow analysis as requested by the Financial Controller Office Management & Supervision * Managing, motivating, appraising, and developing the Accounts team with support from the Finance Director * Oversee the operation of the accounts office giving training and support where required * Regularly review and update processes where required to satisfy governance, and continually look to ensure the department is functioning in the most efficient manner * Ensure a good understanding of each role within the team, and provide support and cover where required for direct reports * Ensure all queries are dealt with quickly and efficiently, providing a first response to any complaints or concerns raised * To provide support any additional accounts office work If you feel the the above Finance Manager specification matches your professional background, click apply