Head of Transactional Finance

As the Head of Transactional Finance, you will be responsible for overseeing the university’s transactional finance operations, leading a team of 10 across Accounts Payable (AP), Accounts Receivable (AR), and Student Fees. You will ensure the efficiency, accuracy, and compliance of financial processes while fostering a culture of continuous improvement.

This position is key to maintaining the financial integrity of the university and supporting its strategic goals., 1. Team Leadership

• Manage and motivate a team of 10 finance professionals across AP, AR, and Fees.

• Provide coaching and development opportunities to ensure high performance.

• Allocate tasks and resources effectively to meet deadlines and objectives.

1. Transactional Finance Operations

• Oversee end-to-end processes for AP, AR, and Fees to ensure accuracy and compliance.

• Ensure timely and efficient processing of payments, invoices, and student fee collections.

• Resolve complex queries and escalate issues as necessary.

1. Process Improvement

• Identify and implement enhancements to systems and processes to improve efficiency and accuracy.

• Support the transition to new systems or processes, ensuring minimal disruption.

1. Stakeholder Management

• Collaborate with internal departments and external partners to address financial queries.

• Provide clear and actionable reporting to senior leadership.

1. Compliance and Governance

• Ensure all transactional finance processes comply with financial regulations and university policies.

• Support audit processes by providing necessary documentation and explanations.

• Professionally qualified accountant (ACA, ACCA, CIMA) or equivalent experience.

• Experience:

• Significant experience leading transactional finance teams, ideally within large and complex organizations.

• Strong knowledge of AP, AR, and fees processes, with a track record of driving improvements.

• Experience within the higher education sector is highly desirable but not essential.

• Skills:

• Proven leadership and team management capabilities.

• Advanced proficiency with finance systems and Microsoft Excel.

• Excellent communication and stakeholder management skills.

• Personal Attributes:

• Analytical and solutions-oriented, with a focus on continuous improvement.

• Adaptable and able to thrive in a fast-paced environment.

• Collaborative, with a strong ability to engage and influence others., * AP

• Finance

• Higher Education

• AR System

• Universities

• Generous annual leave entitlement.

• Access to a world-class pension scheme.

• Free or discounted access to university facilities, including libraries, gyms, and cultural events.

• Opportunities for professional development and career growth.

• Flexible working arrangements, including hybrid options.