ROLE PURPOSE
Are you an experienced, proactive finance professional ready to make a tangible
impact in a growing and dynamic retail business? We're seeking a Transactional
Finance Manager to lead and elevate our transactional finance function across
Accounts Payable (AP), Accounts Receivable (AR), and Cash Management.
Operating across 70 retail stores and a thriving online channel, this is a high-visibility role
where you'll lead a team of seven, including two team managers and five accounts
assistants, to deliver efficient, accurate, and timely financial operations.
Core Responsibilities
* Lead the AP, AR, and Cash functions with clear ownership of day-to-day performance,
team leadership, and service delivery.
* Ensure suppliers are paid accurately and on time, and that customer debt is monitored
and chased effectively.
* Develop and deliver a rolling two-week cash outflow forecast, working with purchasing
and operational teams to ensure accuracy.
* Manage performance across the team, setting clear objectives, coaching, and
development plans to build a best-in-class transactional finance team.
* Redesign AP processes and controls where necessary to create a modern, scalable, and
efficient accounts payable function—bringing other departments along on the journey
with you.
* Drive process improvements and automation, minimising manual effort and improving
accuracy and compliance.
* Collaborate cross-functionally with procurement, operations, commercial, and systems
teams to improve communication, efficiency, and accountability.
* Monitor key KPIs such as aged creditors/debtors, unallocated cash, invoice errors, and
payment accuracy.
Key Performance Indicators (KPIs)
* Accounts Payable Management KPI
* % of supplier payments made on time and in line with agreed terms. (Target:
≥ 95%). Measuring both timeliness and cash flow discipline while helping
reduce supplier queries.
* Accounts Receivable Management KPI
* Reduction in overdue receivables >60 days. (target: 20% reduction by end of
Q3 vs. opening balance). Tracks effectiveness of collections and debtor
follow-up processes.
V1 - Updated 29/09/2025
* Cash Flow Forecasting KPI
* Weekly short-term cash forecast variance (STCF delta) kept within ±5% of
actual outflows. Shows accuracy and reliability of forecasting to support
treasury decisions.
* Team Leadership KPI
* 100% completion of quarterly development reviews for accounts team
members, with evidence of progress against individual goals. Supports
growth, engagement, and accountability within the team.
* Process Improvement & Compliance KPI
* Delivery of at least 3 process/automation improvements by end of Q3 and
zero material audit findings related to AP/AR. Ensures continuous
improvement and regulatory compliance.
Skills And Experience
* Proven experience managing AP, AR, and cash functions in a fast-paced environment.
* Strong leadership and people development skills, with a track record of improving team
performance and engagement.
* Excellent communication skills with the ability to influence and bring cross-functional
stakeholders along the change journey.
* Analytical, organised, and forward-thinking—able to forecast, track, and report with
precision.
* Confidence working with senior finance leadership and a desire to make a real
difference in the function.
* Experience in retail or multi-site businesses is highly advantageous
Benefits
* Employee discount: amazing discounts available on all Oak Furnitureland products after successful completion of probation
* Life assurance: free cover of a minimum of two times your annual salary up to the age of 65
* 25 days holiday per year plus bank holidays
* Birthday: an additional day off for you to celebrate your birthday
* Hybrid working
* Pension: 4% employee contribution matched by the company
* Employee Assistance Programme: gives all employees access to both telephone and face-to-face counselling services
* My Rewards Programme: offers discounts on everything from restaurants and supermarkets, to entertainment and holidays
* Free on-site parking