About Our Client
Our client is an established business based in Borehamwood, looking to recruit an experienced Transactional Finance Manager to lead its transactional finance function. This is an excellent opportunity for a proactive finance professional to manage a team, strengthen financial controls and drive continuous improvement across the business.
Position Overview
The Transactional Finance Manager will oversee accounts payable, accounts receivable and banking activities, ensuring the smooth and efficient running of day-to-day finance operations. You will lead and develop the transactional finance team, maintain accurate financial records and work closely with stakeholders across the business to improve processes and performance.
Core Responsibilities
- Lead, manage and develop the transactional finance team, providing guidance, training and support
- Oversee accounts payable, including supplier invoices, payment runs, reconciliations and invoice queries
- Manage accounts receivable, including customer invoicing, credit control, cash allocation and outstanding balances
- Oversee daily banking activities, cash management and bank reconciliations
- Ensure transactional ledgers are accurate and reconciled within month-end deadlines
- Identify and implement improvements to systems, processes and financial controls
- Ensure compliance with internal policies, procedures and relevant financial regulations
- Build strong relationships with internal departments, suppliers, customers and external stakeholders
- Monitor transactional finance performance and provide reporting on key performance indicators
- Act as the escalation point for complex supplier, customer and payment queries
What’s on Offer
- £60,000 to £65,000 per annum, plus bonus
- Full-time, permanent position
- Hybrid working, with three days in the Borehamwood office and two days remotely
- Opportunity to lead and develop a key finance function
- Hands-on management role with scope to improve processes and controls
- Regular collaboration with senior stakeholders
- Supportive working environment with opportunities for professional development
