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Senior Transactional Finance Manager

Elevation Recruitment Group
Posted 3 days ago, valid for a month
Location

Leeds, West Yorkshire LS14 1DZ

Salary

£35,000 - £42,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Senior Transactional Finance Manager position is located in Leeds with flexible working options, requiring two days in the office.
  • The role offers a salary of £65,000 along with bonus and benefits.
  • Candidates should have extensive experience managing large teams in a high-volume processing environment.
  • A working knowledge of accounting double-entry and reconciliation processes is essential, although being a qualified accountant is not mandatory.
  • The position involves leading the bank reconciliation process, driving process improvements, and managing a team within a shared service environment.

Senior Transactional Finance ManagerLocation: Leeds (Flex Working – 2 days in the office)

Salary: £65,000 + Bonus & Benefits

Elevation Senior Finance is currently looking to recruit a Senior Transactional Finance Manager on behalf of a large multi-national business in Leeds.

Leading a large team within a fast-paced shared service environment, the business processes millions of bank transactions a year and the bank reconciliation team are an extremely important function, at the heart of the cash control environment.Key duties and responsibilities will include:

  • Lead the bank reconciliation process for all regions across the Group, including the reconciliation of both admin and client/receivables management accounts
  • Ensure the different regulatory requirements of holding client money in each region are adhered to by developing and owning granular client-level bank reconciliations
  • Drive end to end process improvement by working with External Reporting, Accounts Receivable, Accounts Payable and Record to Report and other relevant teams to ensure processes are appropriate and effective
  • Develop the shared service strategy and target operating model for the Bank Reconciliation Team to ensure suitability to support multiple regional operations
  • Provide a robust and industry leading reconciliation and control environment, ensuring timely follow-up and remediation work is applied where necessary
  • Provide support to internal, external and client audits. Ensure robust audit trails and evidence is maintained
  • Ensure appropriate policies are written, owned and updated to ensure strong reconciliation disciplines are front-and-centre
  • Own transformational agenda to ensure processes are fully optimised to the business requirements whilst delivering best in class performance. Ensure a futureproof strategy and roadmap is fully adopted and embedded at all times across the Group
  • Manage the team and future ways of working within the operating model, ensuring performance, engagement and development culture is embedded
  • Develop the Bank Reconciliation Team, providing technical assistance and supporting personal development

Elevation Accountancy & Finance would be keen to speak with candidates with the following skills and experiences:

  • Extensive experience of managing large teams, within a high-volume processing environment, is essential
  • Being a qualified accountant is not essential, but a working knowledge of accounting double-entry and reconciliation processes is essential
  • Working knowledge of reconciliation software/platforms desirable
  • An ability to lead, manage and inspire others is essential
  • An ability to influence director level stakeholders, via written and verbal communication, is essential
  • An ability to verbalise complex scenarios and issues, with technical experts inside and outside the function
  • Technical understanding of cash management financial systems is vital
  • Decisive and robust – able to take ownership and drive decision making

Elevation Accountancy & Finance is a specialist division of Elevation Recruitment focusing on the recruitment of talented Accountancy and Finance professionals across all levels, from Ledger Clerks through to Financial Directors in Yorkshire and surrounding regions. If you match the specified criteria and are interested in discussing the position in more detail, we would love to hear from you.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.