Finance Processes Manager

Greggs; Newcastle upon Tyne; On-site; GBP 60,000 - 80,000; Full time

Benefits offered by this job

Management Bonus Scheme up to 12.5%

Pension scheme up to 7%

Colleague discount up to 50%

Profit share 10%

25 days annual leave + floating day

Private Medical Insurance

Job summary

Greggs is seeking a Financial Processes Manager to optimise cash flow, improve financial processes and drive business performance from our Newcastle base. You will lead cash, receivables and payables teams, delivering robust end-to-end processes and VAT control while partnering with key stakeholders.

You will leverage SAP and new technologies, enhance working capital, and contribute to broader financial excellence across the organisation.

Qualifications

• Qualified accountant (ACA, ACCA, CIMA or equivalent).
• Experience optimizing cash and working capital.
• VAT management experience advantageous.

Responsibilities

• Direct line management of cash, AR and AP teams.
• Drive end-to-end process improvements across cash, AR and AP.
• Manage relationships with banking and card issuing partners.
• Ensure VAT obligations are robustly met.
• Review balance sheet reconciliations for related GL accounts.
• Support Finance and the business as required.

Skills

Qualified Accountant

VAT

Excel

PowerBI

Stakeholder Communication

Process Improvement

Tools

SAP

PowerBI

Job description

We have a fantastic opportunity to join the Finance team at Greggs as Financial Processes Manager and play a pivotal role in optimising cash flow, enhancing financial processes and driving business performance.

We can offer you:

• Management Bonus Scheme which is worth up to 12.5% of your salary
• Pension scheme with matching employer contributions up to 7%
• Colleague discount, up to 50% off our own-produced products
• Profit share - We want everyone to share in the success of the business, so we distribute 10% of our profits to all our colleagues who have at least 6-month service, or more, each year
• 25 days (5 weeks) annual leave, pro-rated, increasing with service (in addition to bank holidays), plus 1 additional floating day
• The opportunity to purchase additional annual leave twice a year
• Colleague share plans, giving you the opportunity to save and invest in Greggs, with the chance to buy Greggs shares at a discounted rate
• Private Medical Insurance which is free for you and subsidised for your dependants
• Income Protection should you become unable to work due to long-term sickness
• Death in service benefit which provides a lump-sum payment equal to 4 times your year's salary
• Virtual GP, Physiotherapy and Lifestyle Consultations - we provide access to a fantastic total wellbeing app for you and your family
• Employee Assistance Programme - we provide all colleagues with access to an EAP helpline providing mental health support as well as financial and legal support
• Savings and discounts, including digital gift card discounts, online cashback, in-store and online coupons and lifestyle offers
• Career progression and learning and development opportunities
• A company who cares about our communities; the environment and being a better business! Click here to read about The Greggs Pledge
• Colleague Networks - internal groups where colleagues and their allies can share their own experiences, offer feedback on the way we do things at Greggs, and provide support to one another

About the role

• This is a full-time role, however flexibility in this will be considered
• We know that having a work-life balance is important, so we offer our colleagues as much flexibility as possible in line with the needs of their role
• The base location for this role is Greggs House, Quorum Business Park, Newcastle upon Tyne, NE12 8BU

What you'll do

As our Financial Processes Manager you will be responsible for managing the teams that manage cash, accounts receivable and accounts payable, leading a continuous improvement approach as we look to maximise our working capital performance, and improve our underlying processes utilising SAP and new technologies. The role will also be responsible for VAT management, ensuring the underlying processes accurately capture and record input and output VAT.

Key Responsibilities

• Direct line management of cash, accounts receivable and accounts payable teams.
• Driving improvements in the robustness, accuracy and efficiency of the end-to-end processes that feed into the cash, accounts receivable and accounts payable teams.
• Managing day-to-day relationships with our banking and card issuing partners.
• Managing VAT to ensure our obligations for collecting and paying over the net tax due to HMRC are robustly met.
• Reviewing balance sheet reconciliations for the GL accounts related to cash, accounts receivable and accounts payable.
• Other support to the Finance team and rest of the business as required.

About you

You will fit right into this role if you:

• Are a qualified accountant (ACA, ACCA, CIMA or equivalent) with an excellent understanding of core financial processes and experience of optimising cash and working capital
• Having experience of VAT management would be advantageous
• Are an expert user of Microsoft Excel and confident in using other Microsoft products (Powerpoint, SharePoint, Outlook, PowerBI)
• Have a track record of forming and strengthening trusted relationships across functions and are confident at communicating key financial information to different audiences with the ability to influence decision making
• Can multi-task and work with multiple priorities at pace, delivering results within tight timescales
• Have good attention to detail to ensure the accuracy of information provided
• Are self-motivated with the ability to work under pressure and using own initiative to identify and implement process improvements
• Enjoy being part of a hard-working team, sharing the same end goal, and celebrating results together.

About Greggs

Here at Greggs, we love what we do, and we have fun! What makes us so special is our culture - how we behave and support each other. Everyone's welcome at Greggs. Whatever their background, preferences or beliefs we want all of our colleagues to feel welcome and able to be themselves at work. You can read more about us here: Greggs Careers | About Greggs.