Transactional Manager - Global Accounting Network : Job Details

My client a Leading manufacturer is looking for a Transactional Manager to provide the financial support for the Finance Controller to enable the businesses to build and develop processes and controls as the company continues to grow and mature.

This role will be responsible for managing the Accounts Receivable and Accounts Payable teams and ownership of Group Treasury function, reporting directly to the Group Financial Controller. Liaising with your teams, internal departments, and external stakeholders the Transactional Manager will have end to end responsibility to ensure proactive debtor cash collection and supplier payment management thereby optimising the cash flow for the business.

• Oversight and review of the weekly and monthly invoicing process including partnering with sales teams that invoicing is completed in line with contractual terms on a timely basis.
• Oversight and delivery of the month end revenue recognition and close process including reconciliations of all AR related balance sheet accounts.
• Ensure collection of cash in a timely manner, management of aged debt and limit the company’s exposure to bad debt.
• Work closely with Sales department to keep abreast of cash collection's timing and key blockers that need addressing by finance team.
• Ensure all team tasks are carried out correctly and on time including but not limited to the processing of invoices, payment runs and AP ledger reconciliation.
• Assisting the AP team during busy periods to log bills to ensure month end deadlines are met.
• Have or develop expertise in the VAT treatment of purchases across UK and EU, identifying risks and VAT reporting obligations regarding future projects.
• Prepare and review supplier reconciliations on a weekly/monthly basis with a key focus on suppliers issuing proforma invoices.
• Ensuring new supplier accounts are set up correctly ensuring compliance to internal procedures.
• Regular AP reporting to Group Financial Controller including bill approvals, ledgers. Treasury Management
• Prepare and/or review weekly bank reconciliations.
• Ownership of the payment run process prepared by the AP team to ensure weekly payment runs are accurate and complete.
• Prepare weekly cash flow forecast and identify risks and opportunities to Financial Controller and FP&A Manager.
• FX management will also include oversight of the US subsidiary and the requirement to ensure currency exposure is streamlined across the group, not just the UK/EU regions.
• Oversight and management of the company’s expense card solution.
• Develop and improve the company’s treasury management processes.

• Experience in a high-volume transactional business.
• Team Management essential.
• Educated to degree level.
• Relevant broader finance experience.
• Intermediate to advanced excel.