Financial Operations Manager
Chadderton- Oldham
Hybrid working after probation- 3 months
£40k-£50k base salary
The Role
Working in conjunction with the Finance Dept. of an asset finance leasing company, managing a small department, which will be responsible for processing and controlling the daily transactions for the main asset finance/loan portfolio of the Company.
Responsibilities:
Department Management
* This is a new role managing a newly created department, which includes two employees who currently work in the finance department
* Manage the employees daily, including setting objectives, managing workloads, periodic staff reviews and annual pay review processes
* Establishing processes and procedures for the new department, working in conjunction with the finance department
Control Processing of the following areas
* Processing all portfolio purchase invoices into the portfolio system and Sage ledgers
* Completion of booking of new deals into the portfolio system
* Processing direct debit collections into the portfolio system
* Processing allocation of bank payments to relevant contracts in the portfolio system
* Processing allocation of bank receipts in the portfolio system
* Processing all areas of insurance products in the asset portfolio
* Processing AUDDIS instructions to the portfolio system and to BACS
* Loading non-portfolio bank transactions to Sage
* Loading bad debt movements to the portfolio system
* Loading legal fees to the portfolio system
* Processing contract terminations / unwinds / write-offs to the portfolio system
* Processing secondary shares and split income
* Assist with Portfolio data Reconciliations.
* Analyse records to identify and resolve any queries
* Accounts Payable invoice processing
* Reconcile transactions loaded to accounting software.
Experience
* Previous experience working in a similar role with management / supervisory experience is essential.
* Previous experience in a processing department with significant transaction volume throughput, with varied transaction types
* Accounting knowledge – some accounting knowledge/experience is desirable
* Experience in / knowledge of the leasing industry (ideally) or the finance sector in general would be preferred
* Experience with Sage is preferable but not essential.
* Good background education with a minimum of GCSE grade 6 or above (or equivalent) in Maths and English