At a Glance
- Tasks: Lead and optimise Accounts Payable and Receivable processes in a dynamic biotech environment.
- Company: Join Compass Pathways, a fast-growing international biotech company with a strong culture.
- Benefits: Competitive salary, bonuses, equity options, and a comprehensive benefits package.
- Other info: Hybrid work model available; commitment to diversity and employee wellbeing.
- Why this job: Make a real impact in finance while supporting innovative healthcare solutions.
- Qualifications: Experience in AP/AR, strong process improvement skills, and team management experience preferred.
The predicted salary is between 90000 - 115000 £ per year.
The Manager, Transactional Finance will lead the day-to-day management, optimization, and control of Accounts Payable (AP) and Accounts Receivable (AR) activities across Compass Pathways' UK and US operations. This role plays a key part in ensuring accurate, timely, and compliant transaction processing, while supporting strong working capital discipline and scalable finance operations in a growing international biotech company. Working closely with the wider Finance team and cross-functional stakeholders, you will combine hands‑on operational ownership with process improvement, controls, and team development in line with Compass' culture and values.
Location: Prefer Hybrid in London but will consider remote (East Coast, USA)
Reports to: Director, Financial Controller
Responsibilities:
- Lead the end‑to‑end Accounts Payable and Accounts Receivable processes across the business, ensuring transactions are processed accurately, efficiently, and in line with agreed timelines.
- Oversee supplier onboarding, CLM to ERP reconciliations, 3PL management, invoice processing, payment runs, and employee expense reimbursement workflows.
- Ensure compliance with US and UK laws and regulations surrounding vendors and customers, with specific reference to DCSCA and Sunshine Act Reporting.
- Manage customer invoicing, cash application, collections, and the resolution of overdue balances across UK and US operations.
- Own AP and AR close activities, including aging reviews, balance sheet reconciliations, and investigation of outstanding items.
- Partner with budget owners and stakeholders to resolve supplier queries, payment issues, customer account matters, and process gaps in a timely manner.
- Maintain and continuously improve Purchase to Pay and Order to Cash controls, including Delegation of Authority governance.
- Drive process improvements and automation opportunities across transactional finance, leveraging systems such as NetSuite, Concur, Workday Adaptive, and Workiva where relevant.
- Build, coach, and develop AP and AR capability as the organization grows, supporting scalable processes in a fast‑moving, regulated environment.
- Contribute to broader finance initiatives including systems enhancement, process harmonization, policy development, and ad hoc analysis as required.
Candidate Profile:
- Proven experience in Accounts Payable and Accounts Receivable within a multi‑entity or international Biotech.
- Strong understanding of transactional finance processes, controls and reconciliations.
- Experience supporting month‑end close and balance sheet accounts.
- Confident managing invoice queries, payment issues and customer account matters.
- Experience with supplier onboarding, collections and cash application.
- Demonstrated ability to improve processes and support automation initiatives.
- Strong stakeholder management and communication skills.
- Experience managing or mentoring team members is a plus.
- Exposure to NetSuite, Concur, or Workiva is advantageous.
- Experience in a fast‑paced, regulated, or high‑growth environment is preferred.
- Committed to Compass’s ethos and values.
Compensation Description: Please note that the base salary range is a guideline, and individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location. Base pay is one part of the Total Package that is provided to compensate and recognise employees for their work and any role at Compass, regardless of the location, is eligible for additional discretionary bonuses and equity. Base salary per annum: $120,000 - $155,000 USD.
Benefits & Compensation: For an overview of our benefits package and compensation information, please visit Working at Compass.
Equal opportunities: We are committed to building a workplace where everyone’s wellbeing matters. If you need reasonable accommodation during the interview process to be at your best, please let our recruiting team know.
UK applicants: We are proud of our commitment to diversity and equality (pursuant to the Equality Act 2010). We do not discriminate based upon race, religion or belief, colour, nationality, ethnic or national origin, gender, pregnancy or maternity, marital or civil partner status, sexual orientation, gender reassignment, age or disability.
US applicants: Compass Pathways is proud to be an equal opportunity employer. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, and related medical conditions), ethnicity, age, disability, sexual orientation, gender identity, gender expression, military service, genetic information, familial or marital status, or any other status, category, or characteristic protected by applicable law.
Sponsorship: Unfortunately, we cannot sponsor employment visas and can only accept applications if you have employment rights in the country to which you are applying.
Data Privacy: All data is confidential and protected by all legal and data privacy requirements, please see our recruitment Privacy Notice to learn more about how we process personal data.
Manager, Transactional Finance in Lincoln employer: Psychedelic Alpha
Compass Pathways is an exceptional employer that fosters a dynamic and inclusive work culture, prioritising employee wellbeing and professional growth. With a commitment to innovation in the biotech sector, employees benefit from competitive compensation packages, including discretionary bonuses and equity, while enjoying opportunities for skill development and process improvement in a fast-paced environment. The hybrid working model in London, along with a focus on collaboration and support, makes Compass an attractive choice for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Transactional Finance in Lincoln
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in biotech. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of transactional finance processes. Be ready to discuss how you've improved AP and AR operations in past roles. We want to see your hands-on experience shine!
✨Tip Number 3
Showcase your problem-solving skills! Think of specific examples where you resolved payment issues or streamlined processes. This will demonstrate your ability to handle challenges in a fast-paced environment.
✨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 are genuinely interested in joining our team at Compass Pathways.
We think you need these skills to ace Manager, Transactional Finance in Lincoln
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Manager, Transactional Finance role. Highlight your experience in Accounts Payable and Receivable, and don’t forget to mention any relevant systems like NetSuite or Concur that you've worked with.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills align with our values at Compass Pathways. Keep it concise but impactful!
Showcase Your Achievements:When detailing your experience, focus on specific achievements rather than just duties. Did you improve a process? Automate a task? Quantify your successes to make them stand out!
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’s super easy!
How to prepare for a job interview at Psychedelic Alpha
✨Know Your Numbers
Brush up on your knowledge of Accounts Payable and Accounts Receivable processes. Be ready to discuss specific metrics or KPIs you've managed in previous roles, as this will show your hands-on experience and understanding of transactional finance.
✨Showcase Process Improvement Skills
Prepare examples of how you've successfully improved processes or implemented automation in your past roles. Highlight any systems like NetSuite or Concur that you've used, as this aligns with the company's focus on optimising finance operations.
✨Understand Compliance Requirements
Familiarise yourself with US and UK regulations relevant to finance, such as DCSCA and the Sunshine Act. Being able to discuss compliance confidently will demonstrate your readiness to handle the regulatory aspects of the role.
✨Engage with Stakeholders
Think about how you've managed relationships with budget owners and other stakeholders in the past. Prepare to share specific instances where you resolved payment issues or supplier queries, showcasing your strong communication skills.