Finance Team Leader

XACT Placements Ltd.; St Albans; Hybrid; GBP 38,000 - 40,000; Full time

Job summary

XACT Placements Ltd. is seeking a Finance Team Leader in St Albans, Hertfordshire, working in a hybrid setup. You will lead the transactional finance function, supervise the Credit Controller and Finance Assistant, and contribute to reporting, analysis and process improvement.

The role requires ownership of ledgers, strong Xero experience, and advanced Excel skills, with a view to improving controls and financial accuracy.

Qualifications

• Senior finance role with ownership of a function.
• Strong knowledge of purchase ledger, sales ledger and reconciliations.
• Experience using Xero in a commercial environment.
• Advanced Excel skills (Pivot tables, VLOOKUP, SUMIFS).
• Ability to produce financial reports and analysis.
• Understanding of basic VAT rules.
• AAT qualification or equivalent, or qualified by experience.
• Experience in IT services or MSP environment; ConnectWise PSA is advantageous.

Responsibilities

• Take ownership of the purchase ledger, sales ledger and banks.
• Support Credit Controller and Finance Assistant with complex transactions and queries.
• Prepare weekly and monthly payment runs, ensuring controls are followed.
• Oversee bank, general ledger, credit card and expense reconciliations.
• Support month-end close and year-end audit preparation.
• Produce ad hoc reports and analysis (aged debt, cashflow, ledger summaries).
• Spot trends, discrepancies and process gaps and raise them with the Head of Finance.
• Champion the use of Xero across the team and help improve financial processes and controls.

Skills

Ownership of function

Xero

Excel advanced

Pivot tables

VLOOKUP

SUMIFS

Financial reporting & analysis

VAT rules

AAT or equivalent

ConnectWise PSA

Education

AAT qualification or equivalent

Tools

Xero

ConnectWise PSA

Job description

Finance Team Leader St Albans, Hertfordshire (Hybrid)£38,000 – £40,000 per annum

Ready to step up and lead the transactional finance function at a well-established IT Managed Services Provider?

My client is a respected UK specialist in enterprise networking, cyber security and managed IT infrastructure, with over 25 years in the market. They're looking for a Finance Team Leader to take ownership of their transactional finance function as the business continues to grow. Reporting to the Head of Finance, you'll be the go-to person for the Credit Controller and Finance Assistant, and you'll also contribute to reporting, analysis and process improvement. This is a great role for someone who enjoys working independently, takes pride in accuracy and clean financials, and wants to grow with a business that has real momentum.

Main Duties of the Role

• Taking overall ownership of the purchase ledger, sales ledger and banks
• Acting as the go-to person for the Credit Controller and Finance Assistant, supporting them with complex transactions, escalated accounts and technical queries
• Preparing weekly and monthly payment runs, making sure controls are followed
• Overseeing bank, general ledger, credit card and expense reconciliations
• Supporting month-end close and year-end audit preparation
• Producing ad hoc reports and analysis, including aged debt, cashflow and ledger summaries
• Spotting trends, discrepancies and process gaps, and raising them with the Head of Finance
• Championing the use of Xero across the team and helping improve financial processes and controls

Your Skills and Experience

• Proven experience in a senior finance role, ideally including ownership of a function
• Strong working knowledge of purchase ledger, sales ledger, credit control and bank reconciliations
• Confident daily user of Xero in a commercial environment
• Intermediate to advanced Excel skills, including pivot tables, VLOOKUP and SUMIFS
• Comfortable producing financial reports and analysis, as this is not a purely transactional role
• Understanding of basic VAT rules
• AAT qualified or equivalent, or qualified by experienceExcellent attention to detail and strong communication skills
• Experience in an IT services or MSP business, or with ConnectWise PSA, would be a real advantage