Transactional Finance Manager

Posted 28 May 2024
Salary £50000 - £550000 per annum
Job type Permanent
Discipline Accounting & Finance
Contact NameSherine Rose

Job description

KennedyPearce are hiring a Transactional Finance Manager for a hospitality company based in West London. Hybrid working, 2 days in the office (after probation), a beautiful office with a great benefits package is on offer. This role is newly created and reports into the Financial Controller.

To be successful in this role, you need to be effective in managing the team, being prepared to take a hands-on approach as required. You will enjoy working in a process focused environment and equally enjoy driving improvements to performance measures.

Summary of the Transactional Finance Manger duties:

  • Manage the Transactional Finance team, Team of 6 in total
  • Enforce financial controls, with particular attention to vendor onboarding and ensure prompt resolution of all queries
  • Take ownership of all vendor details and make certain regular vendor reconciliations take place
  • Accuracy of data entry at all times ensuring all transaction details, item lines and tax are processed correctly, in adherence to company policies
  • Administration of Weekly & Critical payment runs, including remittances
  • Continually identify or assist with the implementation of process/system improvement initiatives.
  • Support statutory reporting requirements, by ensuring documentation is maintained and retained in line with company guidelines
  • Take the lead for external audit on Transactional finance items, system upgrades and integrations
  • Own monthly metrics reporting for Aged Creditors, invoice turnarounds, vendor statement reconciliations and transactional balance sheet reconciliations
  • Improve discrepancy reporting on actuals vs budget using the rates and terms sheets

Transactional Finance Manager desired requirements:

  • Minimum 3 years experience in leading a Transactional Finance Team
  • Ability to multi-task and prioritise in a fast-paced high volume, with regular deadlines and regular new vendors
  • Experience of operating across multiple legal entities with multi-currency accounts and ideally an understanding of managing an offshore team