Finance Transformation Lead
21 hours ago
Finance Transformation Lead-Remote working, connected to a Regional UK Business Unit
Reporting to the Director of Finance, the Finance Transformation Lead will be at the forefront of key initiatives to boost the efficiency, accuracy, and effectiveness of our finance operations. You’ll be the go-to person for standardising processes, driving automation, and revamping key finance tasks like income recognition, invoicing, reporting, and credit control.Key Responsibilities
- Income Recognition Policy: Create and roll out a comprehensive policy that meets all accounting standards.
- Streamlining Invoicing Process: Spot inefficiencies and work with cross-functional teams to automate and optimise workflows.
- Credit Control Process Enhancement: Review and improve current processes to ensure timely and accurate management of accounts receivable.
- Transfer to Finance Shared Services: Lead the migration of invoicing and credit control processes to a centralised team, ensuring a smooth transition.
- Contract Control & Balance Sheet Reconciliation: Design and standardise reconciliation processes, developing tools to support these new systems.
- Accruals and Prepayments Reconciliation: Implement new processes and train the team for effective management.
- Reporting Overhaul:
Redesign financial reporting processes, improve automation, and provide enhanced access to financial data for budget holders. - Month-End Process Reduction:
Find ways to cut down timelines, standardise tasks, and boost efficiency through SOPs and templates.
- Education and Experience:
Bachelor’s degree in Finance, Accounting, or related field, and a professional accounting qualification (e.g., ACA, ACCA, CIMA). Proven experience of leading finance transformation projects within a large organisation. - Skills:
Strong project management, proficiency in financial systems and reporting tools, excellent communication and stakeholder management, and the ability to lead and mentor teams through change. - Commitment:
Uphold our values, mission, and vision in your work, and demonstrate a commitment to equality, diversity, and inclusion
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