Transcational Finance Manager

Posted 10 June 2024
Salary £35000 - £40000 per annum, Benefits: Hybrid & flexible working & more!
Discipline Transactional & Part Qualified
ReferenceLD/ 381234
Contact NameLorna Duka

Job description

Transactional Finance Manager| South Manchester (Hybrid) | 12 month FTC |  £35,000 - £45,000 DOE

Axon Moore are exclusively recruiting an Transactional Finance Manager for a well-established PE-backed growing business in South Manchester. This role is to cover 12 months of maternity cover and is ideal for a confident and experienced Transactional Finance Manager who will be responsible for a team of 6.

  • Flexible working hours, with hybrid working (2 days in the office a month)
  • Option to buy up to 3 days holiday a year.
  • Other benefits are available on request. 
Main Duties
  • Managing Transactional team, weekly 1-1 and team meetings. Ensuring month end deadlines are reached. Supporting the team on reporting requirements for wider business.
  • Regularly review processes and look to improve and streamline.
  • Key escalation point for queries.
  • Managing all queries relating to Transactional finance and banks.
  • Owning comms to the business relating to any changes in process.
  • Preparing and updating team processes and policy.
  • Manage any recruitment requirements within the team.
  • Initial contact for senior stakeholders.
  • Ensuring all financial obligations are adhered to (VAT, PAYE, Corp Tax)
  • Loading payroll to relevant banks in line with deadlines.
  • Supporting wider Finance with adhoc requests.
  • Training the team on any processes and system changes.

Accounts Payable
  • Reviewing weekly creditors reports prepped by team.
  • Reviewing weekly payment run in line with forecast receipts and cash flow.
  • Supporting the team with managing key supplier accounts.
  • Ensuring Deltek workflows are up to date with current DOA.
  • Escalation point for the team on all invoice and expense queries.         
  • Managing credit card requirements for the business.

Accounts Receivable
  • Weekly meetings with credit controllers, escalating client debts as appropriate.
  • Monitoring invoicing throughout the month with biller.
  • Reviewing WIP balances and escalating large / aged balances.  
  • Escalating invoicing / WIP delays with senior stakeholders.
  • Key contact for all banks.
  • Ensuring all mandates are up to date and in line with Group policy.
  • Managing any FX requirements.  
  • Managing the setup of new starters on banks.
  • Owning the process for closing banks as required.
  • Understanding of all existing and new facilities.
  • Preparing utilisation requests as required.
  • Owning interest workings sheets.
  • Managing payment of interest and fees, and relating CT61.

Person specification
  • Minimum of 2 years of experience in a transactional management role
  • Proven track record of successfully managing and improving transactional processes
  • Experience in leading a team and driving operational efficiencies
  • Proficient in Excel
  • Strong leadership and decision-making capabilities
  • Ability to work collaboratively with cross-functional teams

For immediate consideration or more information on the role, please contact Lorna Duka: at Axon Moore