Transactional Finance Manager 14:24:442022-10-25IN2 Consult
Job TypePermanent Full Time
AreaGreater London, UkGreater LondonUkMayfair
SectorFinance and Accounting
Salary£60k - 70k per year + Bonus
Start Date
AdvertiserJoshua Bunn
Job RefTrManag45
Job Views114

IN2Consult / Transactional Finance Manger / up to £70,000 pa / Hybrid working / IT & Software 

IN2Consult are working with an IT & Software Consultancy company based in the Mayfair area who are looking for a Transactional Finance Manger to join their team. The ideal candidate will have experience managing both the AR & AP functions already. For the right candidate, this position can pay up to £70,000 pa + bonus & is offering 3 days of remote working per week (after a learning & development period at the start of the role). Please see below the responsibilities & ideal skills required -

Responsibilities -

  • Effectively manage the AP & AR functions, ensuring that all invoices and transactions are processed accurately and in a timely fashion
  • Manage the Operational Finance team ensuring the team is developed, motivated and the review process is completed on a timely basis
  • Monitor the internal control framework and pro actively work with the business to improve the framework
  • Work with key stakeholders to ensure the business consistently meets a high level of robustness and always maintains a state of due diligence readiness
  • Review, design and streamline the transactional accounting systems and processes
  • Manage the Group’s banking and treasury function and liaise with our banks when it comes to transactional matters
  • Work closely with the Financial Reporting team to ensure that best practice is being followed
  • Monitor all expenditure for compliance to the Groups Expense Policy and escalate non-compliance
  • Analyse monthly cash movements providing commentary and variance analysis against prior months and Budget for Group MI
  • Work with key stakeholders across the business to ensure data quality is of a high standard
  • Manage the Groups credit card facility ensuring the business has the required cards available and that individual and total credit limits are monitored and maintained
  • Develop and maintain a Group 13-week cash forecast and generate weekly cash collection targets
  • Support the Finance Business Partner by aligning the short-term cash flow forecast with the Group’s monthly financial model and highlighting any material trends/variances to Budget
  • Drive systemisation and digitisation of the finance function and undertake ongoing reviews of business processes and controls
  • Implement and maintain documented finance policies covering AP, AR and Treasury
  • Develop and maintain a controlled PO process with an automated appropriate authorisation and delegation matrix (with the introduction of a new finance system)
  • Support the budget and forecast process

Beneficial Skills -

  • Personable & with a high skill of overall communication 
  • Knowledge of effective team management of both AR & AP functions 
  • Qualified accountancy accreditation ot QBE 
  • Strong MS Excel skills 

Benefits Package -

  • Life assurance
  • 25 days of annual leave + birthday
  • Enhanced family leave 
  • Flexible working 
  • Hybrid policy 
  • Bonus structure 
  • Online discount store 

IN2Consult / Transactional Finance Manger / up to £70,000 pa / Hybrid working / IT & Software

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Joshua Bunn
Transactional Finance Consultant
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0203 9836 591
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