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- Tasks: Oversee financial operations, manage billing, payroll, and ensure nursery financial health.
- Company: Join a supportive team dedicated to nurturing children's education.
- Benefits: Competitive salary, professional development, and flexible working arrangements.
- Why this job: Lead financial processes in a meaningful sector and make a real difference.
- Qualifications: Experience in finance management, proficiency in Xero and Dext, and a relevant degree.
- Other info: Opportunity for career growth while working in a dynamic nursery environment.
The predicted salary is between 36000 - 60000 £ per year.
We are looking for a Finance Lead to join our team. The ideal candidate will be responsible for overseeing all financial operations, including billing, payroll, and accounts payable, while ensuring the financial health of our nurseries. The Finance Lead will report to the Operations Manager and will line manage a Finance Assistant.
Proven experience in a finance management or lead role, preferably within the education or nursery sector. Proficiency with payroll software and a demonstrated ability to help us on our digital journey by implementing efficient, modern financial processes. Proficiency with financial software, specifically Xero and Dext. A bachelor's degree in Finance, Accounting, Business Administration, or a related field. A full driving licence.
Key Responsibilities
- Financial Reporting and Auditing
- Produce quarterly Profit & Loss (P&L) statements to provide a clear overview of financial performance.
- Carry out monthly audits to accurately monitor occupancy and fee income across all settings.
- Conduct quarterly financial audits to ensure accuracy and compliance.
- Attend monthly management meetings with the management team, Operations Manager, and Directors to discuss any financial concerns.
- Agree on transactions in both Dext and Xero to ensure accurate bookkeeping.
- Billing and Accounts Receivable
- Manage all monthly billing runs and ensure fees are accurately calculated and invoiced.
- Calculate and create new fee policies for new starters.
- Calculate annual fee increases, create new fee policies for all children, and liaise with the nursery management team to roll out the increases.
- Allocate daily fees to the correct accounts to maintain up-to-date records on our parent portal.
- Assist the nursery manager with fee-related complaints.
- Payroll and Staff Administration
- Manage payroll deductions for sickness and additional hours on a daily basis, keeping wage sheets up to date.
- Calculate and manage annual leave entitlements for all staff.
- Liaise with external accountants for payroll and any other financial related matters, meeting with them quarterly.
- Line manage a Finance Assistant, providing guidance and support to ensure team goals are met.
You will be required to spend two days per week at each nursery setting (Heaton and Gosforth) and one day per week at the Heaton head office.
Finance Team Lead (Permanent) in Sunderland employer: Kid N Play Ltd
Contact Detail:
Kid N Play Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Team Lead (Permanent) in Sunderland
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and nursery sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its financial practices. Familiarise yourself with their use of Xero and Dext, and think about how you can contribute to their digital journey. Show them you’re not just a fit for the role, but a perfect match for their team!
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in finance management and how it relates to the nursery sector. Highlight your skills in payroll software and financial reporting, and make sure to convey your passion for supporting the financial health of nurseries.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you that Finance Team Lead position!
We think you need these skills to ace Finance Team Lead (Permanent) in Sunderland
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your finance management experience, especially in the education or nursery sector, to show us you're the right fit for the Finance Team Lead role.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about finance and how your background aligns with our mission at StudySmarter. Don’t forget to mention your proficiency with Xero and Dext!
Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your financial acumen. Whether it’s improving processes or managing payroll efficiently, we want to see how you’ve made an impact in previous positions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process. We can’t wait to hear from you!
How to prepare for a job interview at Kid N Play Ltd
✨Know Your Numbers
Brush up on your financial reporting skills, especially around Profit & Loss statements and audits. Be ready to discuss how you've managed financial operations in previous roles, particularly in the nursery or education sector.
✨Familiarise with Software
Make sure you’re comfortable with Xero and Dext, as these are key tools for the role. If you have experience with similar software, be prepared to explain how you adapted to new systems and improved processes.
✨Showcase Leadership Skills
As a Finance Team Lead, you'll be managing a Finance Assistant. Think of examples where you've successfully led a team or mentored someone, and be ready to share how you foster collaboration and achieve team goals.
✨Prepare Questions
Have a few thoughtful questions ready about the company's financial strategies or how they envision the digital journey. This shows your interest in the role and helps you gauge if it’s the right fit for you.