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Transaction Finance Manager

Transaction Finance Manager

  • Location

    City of London, London

  • Sector:

    Part-qualified & Transactional Finance

  • Job type:

    Permanent

  • Salary:

    £35000.00 - £45000.00 per annum

  • Contact:

    Luke Blair

  • Contact email:

    lukeb@cedarrecruitment.com

  • Job ref:

    JO0000008017_1579462275

  • Published:

    6 months ago

  • Expiry date:

    18 Feb 00:00

  • Startdate:

    ASAP

Transaction Finance Manager - - £35k - £45k - - City of London

Cedar is currently recruiting a Transaction Finance Manager for a global data analytics company based in the City of London.

The organisation is well-known, and enjoys a fantastic reputation, and offers a fantastic working environment along with some great benefits.

Reporting to the Head of Finance, the Transactional Finance Manager will be responsible for managing the Credit Control and Accounts Payables & Receivables clerks, as well as a Finance Assistant

The ideal candidate will be someone who believes in the company, can demonstrate why they want to work there, and can adapt in a flexible working environment.

Some of the duties for the role are:

  • Effectively line manage a team of three to ensure that all areas of the transactional finance team are operating efficiently.
  • Responsible for the sales order process.
  • Oversee and ensure that the all invoicing, including partial billing and staged payments, is sent to clients accurately.
  • Ensure all bank reconciliations are completed for all entities and cash flow monitoring to ensure sufficient funds are available to meet working capital requirements.
  • Manage the credit controller and ensure that cash collection is maximized.
  • Oversee the processing of all credit card on a weekly basis and any discrepancies dealt with immediately.
  • Weekly review of all transactional ledgers for the UK and European entities.
  • Timely circulation of agreed reports to the Head of Finance.
  • Ensure that all transactional ledger reports are reconciled and linked into the balance sheet reconciliations for all entities.
  • Ensure the correct allocation of cash to intercompany receivables and payables.
  • Be the first point of escalation for the business on issues around credit

Key Skill:

  • Experience of Netsuite desirable
  • Line management experience in a transactional finance role
  • Excellent organisational skills
  • Excellent written, oral and electronic communication skills
  • Intermediate Excel skill (e.g. V-Lookup, Pivot Tables, Sum if, etc)

This is a great opportunity for somebody who is looking to join a fantastic and exciting company, and enhance, as well as utilise, their existing skills.