Head of Financial Operations

3 days ago


Watford, United Kingdom Finatal Full time

**Remuneration | £90k-100k**

**Location | Watford**

**Hybrid Role**

**The Opportunity**

Finatal are retained on a search for a Head of Financial Operations for a Pharmaceutical business.

**The Role**
- Preparing the final trial balance monthly for submission to the Financial Controller
- Overseeing and managing the Accounts Receivable and Accounts Payable teams
- Treasury management including maintenance of bank accounts, mandates, and Direct Debits and online banking.
- Oversee all payments made from the business, including supplier payment runs and other ad hoc payments.
- Reviewing and reconciling supplier statements monthly
- Executing foreign exchange transactions i.e. purchase of currency
- Controlling all areas of customer credit and liaising with sales and operations as required including setting and agreeing customer credit limits and payment terms
- Balance sheet reconciliations for trade debtor and trade creditor ledgers
- Ensuring new customers and suppliers are onboarded accurately onto the ERP systems
- Managing the integrity of master data on ERP systems
- Approval and review of monthly payroll for the Group
- Posting of journals including all transactions that are posted to Sage 200 or any other Finance package
- Support wider Finance transformation initiatives plus ad-hoc support to key strategic projects.
- Reviewing the current processes of the Accounts Payable and Accounts Receivable functions and suggesting improvements and efficiencies
- Communicate with outside entities on behalf of the company e.g. suppliers and customers
- Fully understand all internal and external legislation relevant to the role, including MHRA regulations and Good Distribution Practice

**Key requirements**:

- ACA/ACCA/CIMA Qualified
- Proven track record in a similar transactional role with a cash management focus
- Confident and approachable character, comfortable working in a sociable and fast-paced environment
- Exceptional planning and organisational skills
- Highly motivated with a positive and proactive approach to problem solving
- Excellent communication skills, capable of building strong professional relationships with stakeholders and suppliers
- Knowledge of accounting software (in particular Sage 200 and Microsoft Dynamics)
- Able to present to Board and senior managers
- Excellent project managerial and interpersonal skills.
- Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects as required



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