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For Companies At a Glance
- Tasks: Lead financial operations, manage billing, payroll, and ensure nursery financial health.
- Company: Join a supportive team dedicated to nurturing children's education.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Why this job: Make a real difference in the financial management of our nurseries.
- Qualifications: Experience in finance management, proficiency in Xero and Dext, and a relevant degree.
- Other info: Dynamic role with hands-on experience across multiple nursery settings.
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 Leader / Accounts Lead 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 Leader / Accounts Lead in Sunderland
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and education sectors. Attend industry events or webinars, and don’t be shy about letting people know you’re on the lookout for a Finance Lead role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your financial reporting skills. Be ready to discuss how you’ve managed billing, payroll, and accounts payable in previous roles. Use specific examples to showcase your expertise with software like Xero and Dext – it’ll make you stand out!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values. Check out our website for openings that match your skills and passion for the nursery sector. Tailor your approach to show how you can help them on their digital journey with modern financial processes.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them why you’re the perfect fit for the Finance Lead position. It shows you’re genuinely interested and proactive!
We think you need these skills to ace Finance Team Leader / Accounts Lead in Sunderland
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance management, especially in the education or nursery sector. We want to see how your skills align with our needs, so don’t be shy about showcasing your proficiency with payroll software and financial tools like Xero and Dext.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Finance Lead role. Share specific examples of how you've implemented efficient financial processes in the past and how you can help us on our digital journey.
Showcase Your Leadership Skills: Since you'll be line managing a Finance Assistant, it's important to highlight your leadership experience. Talk about how you've supported team members in previous roles and how you plan to guide your future team at StudySmarter.
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’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Kid N Play Ltd
✨Know Your Numbers
Before the interview, brush up on your financial knowledge, 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.
✨Showcase Your Software Skills
Familiarise yourself with Xero and Dext, as these are crucial for the role. If you have experience with these tools, prepare specific examples of how you've used them to streamline financial processes or improve accuracy in reporting.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific financial challenges, like billing discrepancies or payroll issues. Think of real-life scenarios where you successfully resolved similar problems and be ready to share those stories.
✨Demonstrate Leadership Qualities
As you'll be line managing a Finance Assistant, highlight your leadership experience. Discuss how you've supported team members in the past, set goals, and ensured everyone is aligned with financial objectives.