Head of Finance Operations

3 weeks ago


London, United Kingdom Page Personnel Finance Full time

New role for a Head of Finance Operations (Accounts Receivable / Accounts Payable). Growing Financial Services business with offices in the City of London. Hybrid working.

**Client Details**

Headquartered in London and with two international offices (USA and Ireland), this is a medium sized financial services / banking business based in the City area.

**Description**

Reporting to the Group Financial Controller, the Head of Finance Operations will lead and develop the operational finance functions, primarily focusing on accounts receivable and accounts payable for our UK and International legal entities.

Duties include (but not limited to):

- Develop the operational finance functions including best practice, primarily focusing on accounts receivable and accounts payable for two legal entities
- Lead, mentor and motivate a team of 4 in AP and AR
- Resolve any issues, support and develop the team and improve work-flows and system utilisation where needed.
- Hands-on role, and the post holder is expected to assist the team, including invoicing clients and processing supplier and employee expense payments in peak processing times and as cover for the team
- Oversight of and assistance with invoicing of investment banking transaction fees and expenses; client broking retainers and equity research fees, including working with Group Tax to ensure accurate VAT treatment
- Oversight of all aspects of the supplier expense cycle from invoice receipt and authorisation, input, supplier liaison and payment
- Oversight of staff expenses, authorisation and payment cycles using Concur and SUN Systems
- Ensure all operational finance processes and controls are best practice and standardised a
- Identify opportunities to automate and enhance processes, workflow and systems and implement these
- Assist the Group Financial Controller with development of key policies for invoicing and non-staff expenses and ensure these are implemented in line with policy
- Support team with preparation and resolution of operation finance reconciliations - bank account reconciliations and rechargeable client expenses
- Manage, mentor and develop a small team
- Work closely and build strong relationships with the business and with other support functions, including technology, tax, compliance, legal and across the global finance team
- Assist with delivery of efficient year end audit
- Work with other members of the finance team and with Technology to ensure required system changes are identified, appropriately prioritised and executed

**Profile**
- Previous experience of managing accounts receivable and payable functions essential
- Strong knowledge of fundamentals of bookkeeping, purchase and sales ledger accounting and cash cycles
- Hands-on, proactive with the ability to effectively prioritise multiple tasks
- Experience of managing and developing teams
- Strong attention to detail
- Experience of identifying and implementing process improvements, including workflow and technology enhancements
- Enthusiastic, confident and assertive with ability to develop strong relationships with other team members across the business
- Strong interpersonal, verbal, and written communication skills
- Strong Excel skills
- Financial services experience is preferred but not essential

**Job Offer**

Competitive salary and comprehensive benefits package

Hybrid working (3 days in office per week)


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