Financial Operations Manager
1 week ago
About the Role
We are seeking an experienced Financial Operations Manager to lead our Life & Pensions Cash Management Team. In this role, you will be responsible for ensuring the accuracy and integrity of financial records and transactions within our clients' organisations.
As a key member of our Finance Operations function, you will oversee all incoming and outgoing transactions, as well as dividend distributions, ensuring they are processed to a high standard and within agreed SLAs. You will also ensure that all client funds are managed appropriately in line with the FCA's CASS handbook, while actively minimizing regulatory breaches.
Key Responsibilities
- Lead and manage the Life & Pension Cash Management Team (Legacy & BaNCS), ensuring training, motivation, and effective performance.
- Continuously review and improve Cash Management processes to ensure compliance with regulatory and client requirements, minimizing risk and customer impact.
- Establish controls to guarantee that all Cash Management activities comply with regulations and payment scheme guidelines, reducing the risk of breaches and fraud.
- Implement risk management practices to identify and mitigate potential risks in payment processing, ensuring data security and fraud prevention.
- Develop KPIs to measure and enhance individual and team performance, motivating members to achieve excellence in Cash Management.
- Handle complex Cash Management queries and serve as the escalation point for issues.
- Prepare and present financial information to senior management as needed.
- Collaborate with the Control and Oversight Team on projects aligned with the company's strategic initiatives.
- Act as the main contact for annual financial and internal audits, providing timely and accurate information as required.
- Assist in gathering data for Management Information (MI) reporting in collaboration with the Control and Oversight Team.
Requirements
- Excellent interpersonal skills, ability to build successful relationships with both seniors and direct reports.
- Effective stakeholder management skills.
- Use clear and effective verbal, written and presentation skills, demonstrating the ability to communicate at senior levels.
- Outstanding organisational skills, ability to plan workloads and delegate tasks.
- A systematic, disciplined and analytical approach to problem solving.
- Expert in MS Excel and Word.
- Strong knowledge of financial services (in particular Life & Pension) processes and practices.
- Strong understanding of Finance and Accounting principles, practices and compliance requirements for the UK and Ireland.
What We Offer
We offer a competitive salary of £60,000 - £70,000 per annum, depending on experience, plus benefits including 33 days annual leave, eligibility for an annual discretionary bonus scheme, and access to Perks at Work.
About Us
We are Sanderson Recruitment Plc, a leading recruitment agency specialising in finance and accounting roles. We are passionate about helping professionals like you achieve their career goals.
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