At a Glance
- Tasks: Lead Accounts Receivable and Payable teams, ensuring efficient finance processes.
- Company: Join Mediq UK, a leading international healthcare supplier.
- Benefits: Enjoy a competitive salary, life assurance, and employee assistance programmes.
- Other info: Dynamic role with opportunities for professional growth and team development.
- Why this job: Make a real impact in healthcare finance while driving process improvements.
- Qualifications: Experience in AR/AP functions and ERP implementation is essential.
The predicted salary is between 60000 - 60000 £ per year.
Transactional Finance Manager – Theobalds, Cheshunt
Mediq UK are a supplier of healthcare consumables, healthcare equipment, cleaning, and hygiene products, as well as healthcare devices to hospitals, care homes, and other facilities serving the healthcare sector in the UK.
Mediq are an International healthcare company with leading market positions in 13 countries.
Our global head office is located just outside Utrecht, the Netherlands.
We have more than 2,500 employees and we are committed to improve healthcare outcomes and the affordability of care.
The Transactional Finance Manager will lead the Accounts Receivable (AR) and Accounts Payable (AP) functions, ensuring efficient, accurate and well-controlled transactional finance processes that support the wider business.
This role will play a pivotal part in the implementation of a new ERP system, acting as the finance lead for AR and AP throughout the project lifecycle - from process design and testing through to successful go-live and embedding new ways of working.
Alongside operational leadership, the role is responsible for driving improvements in working capital performance through effective management of receivables, payables and cash flow processes, while developing a high-performing team capable of delivering through periods of business change
24 Month FTC
Responsibilities
- Leadership & Team Management
- Lead, coach and develop the Accounts Receivable and Accounts Payable teams, creating a culture of accountability, continuous improvement and excellent customer service.
- Provide clear leadership during periods of operational and system change, ensuring teams remain engaged and focused on delivering business objectives.
- Drive high performance through effective objective setting, performance management and ongoing development.
- ERP Implementation & Process Improvement
- Act as the Finance lead for Accounts Receivable and Accounts Payable within the ERP implementation programme.
- Work closely with project teams, Finance, IT and operational stakeholders to design, document and implement end-to-end transactional finance processes.
- Ensure future-state processes are robust, efficient and aligned with best practice.
- Lead the transition from legacy processes to new ERP ways of working, ensuring controls and governance remain effective throughout.
- Identify and implement opportunities for automation, standardisation and continuous process improvement.
- Working Capital Management
- Own the operational delivery of working capital performance across Accounts Receivable and Accounts Payable.
- Drive reductions in overdue debt through proactive credit control strategies and effective stakeholder engagement.
- Ensure supplier payments are managed accurately and efficiently while optimising payment timing in line with agreed terms.
- Maintain robust cash management processes for payment runs and cash receipts.
- Monitor cash flow impacts arising from transactional finance activities and identify opportunities to improve cash conversion.
- Operational Finance
- Ensure all AP and AR processes are completed accurately, efficiently and in accordance with company policies and financial controls.
- Maintain strong financial governance and compliance across transactional finance activities.
- Ensure reconciliations, controls and month-end deliverables are completed accurately and on time.
- Develop service levels and performance standards across the transactional finance function.
- Reporting & Performance Management
- Produce and present KPI reporting relating to working capital performance for the Financial Controller.
• Monitor and report on key metrics including
- Debtor Days (DSO)
- Creditor Days (DPO)
- Cash collections
- Analyse trends and provide recommendations to improve operational performance and cash flow.
What are we looking for?
- Experience leading Accounts Receivable and Accounts Payable functions.
- Strong understanding of end-to-end Order-to-Cash and Purchase-to-Pay processes.
- Demonstrable experience supporting or leading the finance workstream of an ERP implementation, particularly across AR and AP.
- Strong understanding of end-to-end Order-to-Cash and Purchase-to-Pay processes.
- Advanced Excel and reporting skills.
- Experience mapping and improving end-to-end finance processes.
- Proven track record of improving working capital performance through operational excellence.
- Experience leading teams through organisational or systems change.
- Strong people management and coaching skills.
- Experience producing KPI reporting and performance analysis for senior finance leadership.
- 4x Life Assurance
- Sick Pay
- Cycle to work scheme
- Employee Assistance Programme
Please note that this job description is not exhaustive and additional duties may be assigned as needed.
#J-18808-Ljbffr
Transactional Finance Manager in Waltham Cross employer: Mediq UK
Mediq UK is an exceptional employer, offering a dynamic work environment in Cheshunt where you can lead and develop high-performing finance teams while playing a crucial role in the implementation of innovative ERP systems. With a strong commitment to employee growth, we provide comprehensive benefits including life assurance and a cycle to work scheme, fostering a culture of continuous improvement and accountability. Join us in making a meaningful impact on healthcare outcomes while enjoying the support of a global company dedicated to your professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Transactional Finance Manager in Waltham Cross
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Mediq UK. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Transactional Finance Manager in Waltham Cross
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Mediq UK.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Mediq UK's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Mediq UK
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Mediq UK.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Mediq UK will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Mediq UK employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
