At a Glance
- Tasks: Lead the Banking & Purchase Ledger team, ensuring accurate financial processing and compliance.
- Company: Join a leading legal expenses insurer in a dynamic and supportive environment.
- Benefits: Enjoy 26 days' leave, flexible working, and a comprehensive wellbeing programme.
- Why this job: Make a real impact in finance while developing your leadership skills.
- Qualifications: Experience in financial payments and strong leadership skills required.
- Other info: Great career growth opportunities and access to employee discounts and social events.
The predicted salary is between 36000 - 60000 £ per year.
Location: Central Bristol
Contract: Permanent | Full Time
Hybrid / Flexible working available
The Opportunity
We have an exciting opportunity for a Banking & Purchase Ledger Team Leader to join one of the UK's leading legal expenses insurers in a key leadership role, responsible for overseeing the Banking & Purchase Ledger (BP&L) function, ensuring accurate, timely and compliant processing across the group. The role plays a critical part in managing liquidity, supporting financial reporting and maintaining robust financial controls, working closely with the Financial Accounting & Control team, auditors and wider stakeholders across the business.
Role
As Banking & Purchase Ledger Team Leader, you will be responsible for the day-to-day leadership and performance of the BP&L team, ensuring all payments in and out are accurately recorded, reconciled and reported in line with company policies and regulatory requirements.
Key responsibilities:
- Leading and developing the Banking & Purchase Ledger team, providing coaching, guidance and performance management
- Ensuring accurate and timely processing of all bank transactions and purchase ledger activity
- Oversight of bank reconciliations, ensuring issues are identified, investigated and resolved promptly
- Managing liquidity and supporting cash management activities
- Acting as a key point of contact for internal and external stakeholders, including auditors
- Supporting strong governance, compliance and internal controls across Finance Operations
- Collaborating closely with the Financial Accounting & Control team and other departments
- Identifying and implementing process improvements to enhance efficiency and control
What are we looking for?
This role would suit someone with strong leadership and communication skills, who is proactive, organised and comfortable working in a regulated financial environment.
Qualifications:
- Experience in a cash management, treasury, banking or financial payments environment
- Previous experience leading or supervising a team, including resource planning, KPI management, coaching and performance improvement
- A strong understanding of regulatory frameworks (FCA, PRA and SRA knowledge highly desirable)
- Excellent organisational and time-management skills
- Strong IT skills, particularly across Microsoft Office applications
- A high level of attention to detail, with a continuous improvement mindset
- Experience within insurance or financial services is advantageous but not essential.
What's on offer:
- 26 days' annual leave, with the option to buy up to 5 additional days
- Company pension scheme, with the option to increase contributions
- Group Income Protection
- Group Legal Protection
- European Motor Assistance and Home Emergency Assistance
- Salary sacrifice benefits, including Cycle to Work scheme
- Comprehensive wellbeing programme, including an Employee Health Cash Plan
- Employee discounts hub, offering savings across thousands of retailers and discounted gym memberships at over 3,000 UK gyms
- Access to the Sports & Social Club, with discounted events and activities
- Flexible working
If this sounds like the role for you, please apply and we will be in touch to discuss your application further.
Banking & Purchase Ledger Team Leader in Bristol employer: Morgan McKinley (South West)
Contact Detail:
Morgan McKinley (South West) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking & Purchase Ledger Team Leader in Bristol
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Let them know you're on the lookout for opportunities, and who knows? They might just have the inside scoop on openings that aren't even advertised yet.
✨Tip Number 2
Prepare for those interviews by practising common questions related to banking and purchase ledger management. We recommend role-playing with a friend or using online resources to get comfortable discussing your leadership style and how you handle compliance issues.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your achievements in cash management and team leadership. This can really set you apart during interviews and give you a chance to demonstrate your proactive approach.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team and contributing to our success.
We think you need these skills to ace Banking & Purchase Ledger Team Leader in Bristol
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 and financial management experience, as these are key for the Banking & Purchase Ledger Team Leader role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this position. Share specific examples of how you've led teams and improved processes in previous roles, showing us your proactive approach.
Showcase Your Attention to Detail: In a role that requires accuracy and compliance, it's crucial to demonstrate your attention to detail. Make sure there are no typos or errors in your application materials, as this reflects your commitment to quality.
Apply Through Our Website: We encourage you to apply directly through our website. This ensures your application is received promptly and allows us to process it efficiently. Plus, it’s the best way to stay updated on your application status!
How to prepare for a job interview at Morgan McKinley (South West)
✨Know Your Numbers
As a Banking & Purchase Ledger Team Leader, you'll need to demonstrate your understanding of financial processes. Brush up on key metrics related to cash management and bank reconciliations. Be ready to discuss how you've improved efficiency in past roles.
✨Showcase Your Leadership Skills
This role requires strong leadership abilities. Prepare examples of how you've successfully led a team, managed performance, and implemented coaching strategies. Highlight any specific KPIs you’ve improved under your guidance.
✨Understand Regulatory Frameworks
Familiarise yourself with the FCA, PRA, and SRA regulations. Be prepared to discuss how these frameworks impact the banking and purchase ledger functions. Showing that you can navigate compliance will set you apart.
✨Prepare for Stakeholder Engagement
You'll be a key point of contact for various stakeholders. Think about how you've effectively communicated with internal teams and external auditors in the past. Prepare to share specific instances where your communication skills made a difference.