Transactional Finance Manager – £65,000 p.a.
London SW1
Bonus of up to £10,000 p.a. available.
Benefits include Private Medical, Life Insurance, Pension, Dental, Critical illness cover, Income protection due to sickness, Food Allowance and discounted products.
Highly successful hospitality group founded almost 30 years ago requires Transactional Finance Manager to support the Financial Controller in day-to-day accounting duties with a focus on Accounts Payable (AP) and Accounts Receivable (AR), together with monthly and yearly accounting duties. You will be responsible for managing 3 transactional accounts staff and previous hospitality background is desirable but not essential. Responsibilities include:-
- Managing, developing, and supervising 3 transactional accounts staff.
- Maintaining the Account Payable and Accounts Receivable ledgers, reviewed alongside the Financial Controller a monthly basis.
- Develop and provide monthly reporting on expense management, aged receivables and overdue payables.
- Provide input on monthly cash flow forecasting, together with projected cash outflows.
- Maintaining accurate records, controlling reports and ensuring clean audit trails for the year-end financial audit.
- Overseeing all purchase invoices and expenses posting.
- Being the first contact for transactional queries from suppliers and internal stakeholders.
- Reviewing and approving payment runs.
- Overseeing supplier statements, account customers and bank reconciliations at month-end.
- Preparing balance sheet reconciliations, to be reviewed monthly alongside the Financial Controller.
- Preparing and filing quarterly VAT returns.
- Creating and maintaining manuals for financial procedures.
- Supporting the implementation of ERP upgrade from Microsoft Navision to Microsoft Dynamics Business Central.
- Developing the Accounts Receivable function by designing and continuously improving processes to facilitate the growth of the franchise business.
Requirements:
- Previous transactional financial experience including strong AP and AR experience.
- Hospitality company experience ideal but not essential.
- Ability to deal with large datasets and multiple cost centres.
- Strong analytical skills.
- Good communication skills.
- High degree of accuracy.