Financial Operations Director

4 weeks ago

London, Greater London, United Kingdom Get Living London Limited Full time
Job Description:

We are seeking a highly experienced Financial Operations Director to lead our financial operations team at Get Living London Limited.

Salary: £65,000 - £80,000 per annum

Key Responsibilities:
  • Manage end-to-end processes in accounts receivable and accounts payable teams.
  • Create and manage reporting for targets, service level agreements, and KPIs.
  • Analyse financial data to provide insights into company performance and suggest improvements.
  • Oversee and support internal and external audit and associated reporting/collaboration.
Accounts Receivable:
  • Oversee the accounts receivable team to ensure timely and accurate invoicing, collections, and reconciliation of customer accounts from both a revenue and aging perspective.
  • Develop and implement strategies to improve DD collection rates and reduce outstanding receivables and customer refunds.
  • Monitor aging reports and coordinate with internal teams to resolve outstanding issues.
Accounts Payable:
  • Oversee the accounts payable team to ensure timely and accurate processing of invoices, payments, and reconciliation of supplier accounts.
  • Ensure all discrepancies are investigated and resolved in a timely manner.
  • Maintain strong vendor relationships and support Head of Procurement in compliance with contract terms.
  • Ensure compliance with company policies and procedures for expenditure approvals.
  • Coordinate with banks and internal teams for effective cash management operations.
  • Support financial reporting team in cash flow process by providing timely and accurate forecast payment information.
  • Oversee management of authorisation levels and ensure efficiency to minimise necessity for ad hoc payment runs.
Associated Cash Management and Financial Reporting:
  • System administrator for all company bank accounts.
  • Lead, mentor, and develop a team of 13 reports (2 direct reports and 11 across their teams) in the financial operations team through team development, setting, and monitoring of performance objectives, coaching, and mentoring.
  • Foster a culture of excellence and continuous improvement.
  • Promote a collaborative environment and strong stakeholder relationships, encouraging communication and cooperation among team members and other departments.
Qualifications & Experience:
  • Minimum of 5-7 years of experience in financial operations, including supervisory roles in accounts receivable and accounts payable.
  • Proficiency in MS Office skills, including advanced Excel.
  • Experience in system implementations and upgrades.
  • Proven experience of motivating and developing a high-performing team.
  • Strong and effective communicator.
  • Confidence to liaise with internal and external stakeholders of all levels.
  • Excellent organisational and prioritising skills.

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