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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, flexible working days, and opportunities for professional growth.
- Why this job: Make a real impact in the education sector while leading a dynamic finance team.
- Qualifications: Experience in finance management, proficiency in Xero and Dext, and a relevant degree.
- Other info: Work across multiple nursery settings with excellent career advancement potential.
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.
- 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.
- 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.
Senior Finance Team 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 Senior Finance Team 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 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 educational environments.
✨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 Senior Finance Team Lead position!
We think you need these skills to ace Senior Finance Team 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
Make sure you brush up on your financial reporting skills. Be ready to discuss how you've produced P&L statements in the past and any challenges you've faced. This will show that you understand the financial health of an organisation, which is crucial for the role.
✨Familiarise Yourself with Software
Since proficiency in Xero and Dext is a must, take some time to get comfortable with these platforms if you aren't already. You might be asked about specific features or how you've used them to streamline processes, so having examples ready will give you an edge.
✨Showcase Your Leadership Skills
As you'll be line managing a Finance Assistant, be prepared to talk about your leadership style. Think of examples where you've successfully guided a team or resolved conflicts. This will demonstrate your ability to lead effectively within the finance department.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, like fee-related complaints or payroll discrepancies. Practising your responses to these scenarios can help you articulate your problem-solving skills and show that you're ready to tackle real-world challenges.