At a Glance
- Tasks: Lead Accounts Receivable and Payable teams, driving improvements and managing KPIs.
- Company: Join a world-class institution with a focus on diversity and inclusion.
- Benefits: Generous salary, life cover, healthcare cashback, and flexible working options.
- Other info: Great career growth opportunities in a supportive environment.
- Why this job: Make an impact by leading a team and driving continuous improvement in finance.
- Qualifications: Experience in transactional finance and team management is essential.
The predicted salary is between 40000 - 45000 £ per year.
Job Description
Job Title: Transactions Finance Manager
Location: Bedfordshire - office-based with flexibility/hybrid working available after probation
Company - Robert Half are working for a world class institution to recruit for a Transactions Finance Manager based in Bedfordshire
Salary between £40,000 - £45,000
Generous benefits are:
- Life Cover
- Access to a wide range of discounts
- Recognition awards
- Healthcare cashback plans
- Generous holiday benefits
- Contributory pension schemes
- Attractive family friendly policies; maternity, paternity, shared parental leave, flexible working.
- Access to a variety of employee assistance support services.
Job Description:
Manage Accounts Receivable and Accounts Payable functions (4 direct reports).
Monitor, maintain, and improve departmental KPIs, including DSO, credit note analysis, and invoices processed.
Build and forecast weekly receipts and payments for the next 13 weeks.
Review monthly reconciliations.
Organize team resources during busy periods.
Review payment runs and processing.
Review and improve departmental processes.
Lead weekly team meetings to maintain high standards.
Provide reports on overdue customer debt and payment issues.
Ensure rotation of knowledge and experience across the team.
Serve as a point of escalation for issues.
Prepare and analyze periodic AP balances and vendor spend reports.
Support key change initiatives and drive continuous improvement.
Provide other ad-hoc reporting to line managers and stakeholders.
Act in accordance with organizational behaviors and values at all times.
Qualifications & Experience:
Previous transactional experience and readiness to manage a team/function.
Demonstrable examples of continuous improvement initiatives.
Knowledge of P2P and/or R2R processes and risks.
Experience managing P2P and R2R processes.
Additional Notes:
Candidates must provide proof of identity and eligibility to work in the country the role is based in.
Visa sponsorship is not available for this position.
Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to diversity, equity and inclusion. Suitable candidates with equivalent qualifications and more or less experience can apply. Rates of pay and salary ranges are dependent upon your experience, qualifications and training. If you wish to apply, please read our Privacy Notice describing how we may process, disclose and store your personal data: roberthalf.com/gb/en/privacy-notice.
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Transactional Finance manager in Newcastle upon Tyne employer: Robert Half
Robert Half is an exceptional employer, offering a supportive work culture that prioritises employee well-being and professional growth. Located in Bedfordshire, the company provides generous benefits including life cover, healthcare cashback plans, and flexible working arrangements, ensuring a healthy work-life balance. With a commitment to continuous improvement and recognition of employee contributions, Robert Half fosters an environment where team members can thrive and develop their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Transactional Finance manager in Newcastle upon Tyne
✨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 Robert Half. 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 Newcastle upon Tyne
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 Robert Half.
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 Robert Half'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 Robert Half
✨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 Robert Half.
✨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 Robert Half 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 Robert Half 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.
