Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage credit control and purchase ledger functions while ensuring financial integrity.
- Company: Join a dynamic team in the food distribution sector, focused on optimising financial operations.
- Benefits: Enjoy competitive pay, potential remote work options, and opportunities for professional growth.
- Why this job: Be part of a crucial role that enhances supplier and customer relationships while improving cash flow.
- Qualifications: Experience in transactional finance, team leadership, and proficiency in accounting systems required.
- Other info: Ideal for those passionate about finance in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking an experienced Transactions Manager to take ownership of our credit control and purchase ledger functions. You will play a critical role in maintaining financial integrity, optimising working capital and supporting smooth supplier and customer relationships.
What you will do:
- Monitor and manage accounts receivable, ensuring timely collection of outstanding invoices.
- Conduct credit checks and set appropriate credit limits for customers.
- Resolve customer billing disputes and work closely with the Sales and Customer Service teams to address queries.
- Implement and improve credit control procedures to minimise bad debts and improve cash flow.
- Oversee the end-to-end accounts payable process, including invoice entry, approvals and payment runs.
- Ensure accurate posting of purchase invoices, credit notes, and supplier reconciliations.
- Manage relationships with key suppliers, handling queries and ensuring timely payments whilst maximising payment terms.
- Support month-end close with accruals, prepayments and ledger reviews.
- Ensure compliance with financial regulations, internal controls, and company policies in all financial operations and decision-making processes.
What you will need:
- Demonstrable experience in a transactional finance role with a focus on credit control or purchase ledger.
- Experience managing and leading a team of finance professionals.
- Previous experience in food distribution, FMCG or a supply chain environment is desirable.
- Proficiency in Accounting / ERP Systems such as Sage, NetSuite or SAP.
- Experience in providing data analysis and insights.
- Strong communication skills with confidence in speaking to suppliers and customers.
Transaction Manager employer: Wellocks
Contact Detail:
Wellocks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Manager
✨Tip Number 1
Familiarise yourself with the specific accounting and ERP systems mentioned in the job description, such as Sage, NetSuite, or SAP. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your knowledge of credit control procedures and best practices. Being able to discuss how you've successfully implemented or improved these processes in past roles will demonstrate your expertise and suitability for the position.
✨Tip Number 3
Prepare examples of how you've managed relationships with suppliers and resolved billing disputes. Highlighting your strong communication skills and ability to collaborate with different teams will show that you're a team player who can handle the demands of this role.
✨Tip Number 4
Stay updated on financial regulations and compliance standards relevant to the industry. Being knowledgeable about these aspects will not only help you in the interview but also demonstrate your commitment to maintaining financial integrity within the company.
We think you need these skills to ace Transaction Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in transactional finance, particularly in credit control and purchase ledger. Use specific examples that demonstrate your ability to manage accounts receivable and oversee the accounts payable process.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for the Transactions Manager role. Mention your experience in managing teams and your proficiency with accounting systems like Sage or SAP. Show enthusiasm for the company and the role.
Highlight Relevant Experience: When detailing your work history, focus on roles where you have successfully implemented credit control procedures or improved cash flow. Use metrics to quantify your achievements, such as reduced bad debts or improved collection times.
Showcase Communication Skills: Since strong communication skills are essential for this role, provide examples of how you've effectively resolved customer billing disputes or managed supplier relationships. This will demonstrate your ability to handle queries and maintain smooth interactions.
How to prepare for a job interview at Wellocks
✨Showcase Your Financial Expertise
Be prepared to discuss your previous experience in transactional finance, particularly in credit control and purchase ledger. Highlight specific examples where you successfully managed accounts receivable or improved cash flow.
✨Demonstrate Leadership Skills
Since the role involves managing a team, be ready to share your leadership experiences. Talk about how you've motivated your team, resolved conflicts, or implemented new processes that enhanced performance.
✨Familiarise Yourself with Relevant Systems
Make sure you know the accounting or ERP systems mentioned in the job description, like Sage, NetSuite, or SAP. If you have experience with these, be ready to discuss how you've used them to streamline financial operations.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding customer billing disputes or supplier relationships. Think of scenarios where you successfully navigated challenges and be ready to explain your thought process.
