Transactional Finance Manager in London

Transactional Finance Manager in London

London Full-Time 55000 - 65000 £ / year (est.) No working from home possible
Michael Page Finance

At a Glance

  • Tasks: Lead and develop a finance team in a fast-paced environment.
  • Company: Join a well-established organisation in the infrastructure sector.
  • Benefits: Competitive salary, generous benefits, and career growth opportunities.
  • Other info: Enjoy a collaborative culture focused on professional development.
  • Why this job: Take charge of impactful finance operations and drive continuous improvement.
  • Qualifications: Experience in leading AP & AR teams and strong financial software skills.

The predicted salary is between 55000 - 65000 £ per year.

The Transactional Finance Manager role offers an exciting opportunity to join an impactful role in a fast-paced, PE-Backed group. You'll be given full autonomy to manage the wider transactional finance team across AP & AR, and will be trusted to develop best reporting practice and controls, reporting into the Group FC and Finance Director.

Our client is a well-established organisation within the infrastructure sector. As a mid-sized company, they are committed to maintaining high operational standards and providing expertise in their field.

Description

  • Lead, manage, and develop a finance team across Accounts Payable, Accounts Receivable, and associated finance functions.
  • Oversee workload allocation and ensure effective resource planning across the team.
  • Set clear objectives, monitor performance, and conduct regular performance reviews.
  • Provide ongoing coaching, support, and development opportunities to team members.
  • Promote a culture of accountability, collaboration, and continuous improvement.
  • Ensure supplier invoicing, payment processing, and customer billing activities are delivered accurately and within agreed timelines.
  • Review and approve payment runs, authorising payments in line with company policies and delegated authority limits.
  • Ensure all reconciliations are completed accurately and on a timely basis.
  • Identify and implement improvements to processes, controls, and operational efficiencies within AP and AR functions.
  • Review payroll data and transactions prepared by the Group Payroll team to ensure accuracy and completeness prior to processing.
  • Liaise with Payroll and the Financial Controller to investigate and resolve any discrepancies.
  • Ensure payroll-related reconciliations and control processes are completed effectively.
  • Support the Financial Controller with the preparation of monthly management accounts and month-end reporting.
  • Assist in the production of supporting schedules and reporting packs.
  • Contribute to the completion of monthly balance sheet reconciliations.
  • Oversee the administration of monthly CIS processes, where applicable.
  • Support year-end audit preparation and provide required information to auditors.
  • Ensure adherence to internal controls, company policies, and relevant regulatory requirements.

Profile

  • A successful Transactional Finance Manager should have:
  • Proven experience leading teams across both AP & AR.
  • Strong understanding of the transactional finance reporting cycle.
  • Proficiency in financial software and tools.
  • Excellent problem-solving and decision-making skills.
  • The ability to manage and motivate a team effectively.
  • Strong communication and interpersonal skills.

Job Offer

  • Competitive salary, £55-65k.
  • Generous benefits package.
  • Opportunity to manage and lead a solid, professional team.
  • Permanent role offering stability and career growth.
  • Collaborative work environment with a focus on professional development.

If you are ready to take the next step in your career as Transactional Finance Manager, please apply now.

Transactional Finance Manager in London employer: Michael Page Finance

Join a mid-sized, PE-backed organisation in the infrastructure sector that values high operational standards and employee development. As a Transactional Finance Manager, you'll enjoy a competitive salary and a generous benefits package while leading a professional team in a collaborative work environment that prioritises continuous improvement and career growth opportunities.

Michael Page Finance

Contact Details:

Michael Page Finance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Transactional Finance Manager in London

Tip Number 1

Network like a pro! Reach out to your connections in the finance sector and let them know you're on the lookout for a Transactional Finance Manager role. You never know who might have the inside scoop on an opportunity that’s not even advertised yet!

Tip Number 2

Prepare for interviews by brushing up on your knowledge of AP & AR processes. Be ready to discuss how you've led teams in the past and share specific examples of improvements you've implemented. This will show you’re not just a fit, but the perfect fit for the role!

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation for the opportunity. It keeps you fresh in their minds and shows your enthusiasm for the role.

Tip Number 4

Apply through our website! We’ve got loads of great opportunities waiting for you, and applying directly can sometimes give you a leg up. Plus, it’s super easy to keep track of your applications that way!

We think you need these skills to ace Transactional Finance Manager in London

Team Leadership
Accounts Payable Management
Accounts Receivable Management
Performance Monitoring
Coaching and Development
Process Improvement
Financial Software Proficiency

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your leadership experience in AP & AR, and any relevant achievements that showcase your ability to manage a finance team effectively.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the Transactional Finance Manager role. Share specific examples of how you've improved processes or led teams in the past, and don’t forget to express your enthusiasm for joining our dynamic team!

Showcase Your Problem-Solving Skills:In your application, emphasise your problem-solving abilities. We want to see how you’ve tackled challenges in previous roles, especially in transactional finance. This will help us understand your approach to managing and motivating a team.

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 at StudySmarter!

How to prepare for a job interview at Michael Page Finance

Know Your Numbers

Make sure you brush up on your financial knowledge, especially around Accounts Payable and Accounts Receivable. Be ready to discuss specific metrics or KPIs you've managed in previous roles, as this will show your understanding of the transactional finance reporting cycle.

Showcase Your Leadership Skills

Since this role involves leading a team, prepare examples of how you've successfully managed and developed teams in the past. Think about times when you set clear objectives, monitored performance, and provided coaching – these stories will highlight your ability to motivate and manage effectively.

Be Process-Oriented

The company is looking for someone who can identify and implement improvements in processes and controls. Come prepared with examples of how you've streamlined operations or improved efficiencies in your previous roles. This will demonstrate your proactive approach to continuous improvement.

Communicate Clearly

Strong communication skills are key for this position. Practice articulating your thoughts clearly and concisely, especially when discussing complex financial concepts. Being able to explain your ideas effectively will show that you can collaborate well with both your team and other departments.