Commercial Finance Manager

2 months ago

Long Eaton, United Kingdom The Recruitment Group Full time

The role of Commercial Finance Manager is to lead a Purchase Ledger team of 7, ensuring that all invoices and payments are processed in a timely and effective manner and in line with company procedures for all group companies. To investigate and follow through on all invoice queries and payments on account to ensure a clean well managed ledger. To provide cover for the Group Commercial Manager in their absence which will involve providing support for all transactional departments and assisting the departmental managers. This role will be responsible for developing ideas and streamlining existing processes so that the company will be in a better position for future growth and acquisitions. 

PERSON SPECIFICATION:

  • Previous purchase ledger experience including working with foreign currencies.
  • Working understanding of VAT.
  • Previous credit control and good admin skills required
  • Computer literate with a good working knowledge of Excel.
  • Excellent communication skills with the ability to deal with people at all levels both internally and externally.
  • Ability to work under pressure & meet deadlines.

CORE ACTIVITIES:

  • Manage team workload, ensuring data is processed accurately and in a timely manner and all company policies and statutory obligations are met.
  • Closely monitor accounts to ensure cash flow is maximised with supplier accounts being paid to terms and reconciled to statements.
  • Review/Manage new supplier applications in conjunction with Procurement Team and review all supplier amendments.
  • Ensure the purchase ledger policy and payment cycle is being followed and upheld.
  • Develop and maintain insightful management reporting on key performance indicators.
  • Delivering the month end close procedure ensuring the ledger is reconciled to the trial balance.
  • Instigate and lead projects that support developments and improvements within the purchase ledger function to develop and move to more streamlined digital system
  • Communicate regularly and effectively with internal and external stakeholders to ensure all parties are kept up to date on relevant matters.

Additional Roles

  • To provide cover in absence of Group Commercial Manager.
  • Assist in the running of the Credit Control Team and support the Credit Manager, providing observations and discussion on future projects which aid the team to efficiently minimise the debtor book.
  • Assist in running of VSB team and support VSB Manager, providing observations and discussion on future projects which aid the team to be more efficient and less reliant on paper-based systems.
  • Review and negotiate with direction from Directors on variations to our company terms and conditions for all customers and suppliers in liaison with the Procurement Manager.
  • Aid in the integration of acquisitions into company procedures and assist those companies in delivering the policies effectively within their teams. Providing a point of contact to support during this process.
  • Ad-hoc duties, as required to support the goals and objectives of the team.

Package:

  • Salary up to £45,000
  • 25 days holiday plus Bank Holidays, rising to 28 days within 5 years of service
  • Pension
  • Life Assurance
  • Financial Support
  • Bupa Cash Plan

To learn about how the company will store and process your data, you can visit the website at therecruitment-group.co.uk/gdpr-data-protection and read the GDPR Data Protection Statement.

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