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Transactional finance lead

Sedgefield
PFF Packaging Group Ltd
Finance
Posted: 12 February
Offer description

Job Summary

Reporting to the Financial Controller, this position will be a challenging multi-faceted role requiring a person who can adapt and be flexible in managing their duties. It would be advantageous if you have experience working within a complex manufacturing organisation.

This role supports the Financial Controller in delivering accurate and timely financial information to the senior team, as well as ensuring robust and effective financial controls.

This position will predominantly be based in Sedgefield, but occasional travel will be needed to our Keighley site.

Responsibilities

* · Lead and support the full lifecycle of the accounts payable and accounts receivable functions, including invoice processing, credit control, payment runs, and sales invoicing

· Manage/supervise Accounts Receivable and Accounts Payable functions

· Reduce aged debt and maintaining steady cashflow through proactive account management

· Ensure accurate suppliers and customer payments, reconciliations, and aged debtors/creditors

· Ownership of weekly payment runs and banking activity

· Ensure the accuracy and payment of the business's expenses claim process

· Ensure the accuracy of all postings are to the correct general ledger account for analytical purposes

· Reconciliation of supplier statements on a monthly basis as part of the month end close process

· Ensure the bank is reconciled on a daily basis with all receipts and payments allocated within the appropriate ledger

· Support all prepayments and accruals are posted within month end timelines

· Ensure balance sheet accounts are reconciled on a month by month basis and reviewed by financial leadership, this will be gradual process through business mentoring programme

· Strengthen financial controls and compliance within transactional finance

· Ensure accuracy and timeliness closing of ledgers in line with financial reporting deadlines.

· Support weekly and monthly payroll general ledger postings

· Support VAT returns and compliance for UK

· Drive continuous improvement initiatives across transactional finance maintaining strong controls

· Monitor team performance through delegation, provide coaching, and encourage professional development if agreed by financial leadership

· Support the and improve the implementation of the new ERP system across multiple sites

· Collaborate with cross-functional teams to standardise procedures and improve data integrity and reporting

· Any other ad hoc tasks as required by the Financial Controller

Person Specification/Skills Required:

· Ability to always maintain confidentiality and integrity

· Have gained relevant experience in transactional finance management in accounts payable, accounts receivable, credit or billing management.

· Proven experience of conducting month end close processes and reconciling the balance sheet.

· Works with a continuous improvement mindset, and regularly reviews processes, procedures and controls with a critical eye to ensure they're robust, efficient and effective

· Strong Excel and computer skills (pivot tables, v-lookups, macros etc. an advantage)

· Ability to work under pressure and to strict deadlines

· Good attention to detail

· Proactive approach to work

· Ability to work on own initiative and as part of a team

· Being able to develop interdepartmental relationships and providing support.

· Having worked in a manufacturing environment previously would be beneficial.

· A relevant professional qualification in accounting or finance.

Job Types: Full-time, Permanent

Pay: £35,000.00 per year

Benefits:

* Company pension
* On-site parking

Work Location: In person

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