Transaction Services Manager

Are you an experienced finance professional with a passion for leading high‑performing transaction services teams? We're looking for a Transaction Services Manager to lead core finance operations across Progress Rail Services UK Ltd and Electro‑Motive Diesel Ltd, with responsibility for Accounts Payable, Sales Ledger, Credit Control and Treasury, ensuring robust controls and excellent service delivery.

THE ROLE:

• Lead the Transaction Services function across the UK businesses, with end‑to‑end responsibility for Accounts Payable, Sales Ledger, Credit Control and Treasury.
• Ensure accurate, timely supplier payments, customer invoicing and cash management, driving strong cash flow and financial control.
• Own and continuously improve procure‑to‑pay, order‑to‑cash and payment processes, including a central role in cross‑business improvement projects.
• Oversee credit control and customer debt positions, supporting resolution of issues and improving receivables reporting and efficiency.
• Manage treasury operations, ensuring bank payments are processed on time and identifying payment process improvements.
• Deliver robust monthly reporting, balance sheet reconciliations and analysis aligned to business objectives.
• Ensure full compliance with SOX, accounting standards, internal controls and regulatory requirements; act as a key contact for external auditors.
• Lead, develop and coach the Transaction Services team, fostering a culture of continuous improvement and high performance.
• Promote Caterpillar and PRS values, contributing to operational excellence, OPACC improvement and wider finance and business initiatives.

THE CANDIDATE:

• Management experience across Accounts Payable, Credit Control and Treasury.
• Strong leadership skills and development of team.
• Ability to support in business improvement projects.
• Self-starter with proven ability to work on own initiative.
• Proactive approach to identification and resolution of improvement opportunities.
• Ability to deal with change and prioritise workload in a changing environment.
• Capacity to understand the business strategy and make decisions within the context of the bigger picture.
• Excellent communication skills.
• Experience of ERP systems, Microsoft Office packages, particularly Excel.
• Experience of Microsoft Dynamics desired not essential.
• Numerate and articulate.

BENEFITS:

• Competitive salary + company bonus.
• Tailored training and development, including company‑funded external qualifications where relevant.
• Generous pension scheme with 7% employer contribution.
• Life assurance at 3.5× your salary.
• Employee Assistance Programme for confidential wellbeing support.
• Discounted gym membership - up to 25% off at 4,000+ UK gyms.
• Fuel card savings of 2-3p per litre at 3,500 stations, including BP, Esso and Shell.
• Employee recognition schemes celebrating great work.
• 33 days' holiday per year (inclusive of bank/public holidays).

ABOUT PROGRESS RAIL:

Progress Rail, a Caterpillar company, is one of the largest integrated and diversified providers of rolling stock and infrastructure solutions and technologies for the global rail industry. The company provides advanced EMD® locomotives, engines, and technologies, railcars, trackwork, fasteners, signalling, rail welding and Kershaw Maintenance-of-Way equipment, along with dedicated locomotive and freight car repair services, aftermarket parts support and recycling operations. Progress Rail's deep industry expertise ensures a commitment to quality through innovative solutions. With a global network across the United States, Canada, Mexico, Brazil, Germany, Italy, Australia, China, Germany, India, South Africa, the United Arab Emirates and the United Kingdom, we are committed to serving our customers.

PROGRESS RAIL VALUES:

• Integrity - the power of honesty.
• Excellence - the power of quality.
• Teamwork - the power of working together.
• Commitment - the power of responsibility.
• Sustainability - the power of endurance.

EQUAL OPPORTUNITIES:

Progress Rail is an equal opportunity employer. All qualified applicants will receive consideration for employment. We value and embrace diversity of thought, background and unique experiences and we pride ourselves on being an inclusive workforce and culture.

HOW TO APPLY:

To be considered for this role, please click on the link provided. If you would like any further information about this vacancy before applying, please feel free to contact Taher Rahman at our Sandiacre site. We would politely request no agencies please.