Financial Operations Lead

Abbeyfield; Greater London; Remote; GBP 37,000; Full time

Job summary

Abbeyfield is seeking a Finance Operations Lead to oversee key finance processes, including accounts payable and receivable, in a charitable organization focused on combatting loneliness among older adults. This role requires strong leadership, attention to detail, and a solid understanding of finance operations principles, all while working in a flexible remote setting with occasional in-person meetings.

Benefits

25 days paid leave increasing to 28 after 5 years

Comprehensive induction

Competitive pay, benchmarked annually

Learning and career development opportunities

Medicash – help with medical expenses

Discounted gym membership

Cycle-to-work scheme

Life Assurance

Occupational sick pay

Qualifications

• Demonstrable experience as a Finance Operations Lead or equivalent.
• Solid understanding of finance operations principles.
• Proven ability to manage processes.

Responsibilities

• Supervise the Finance Officers to ensure processing and payment.
• Review monthly supplier statements reconciliations.
• Complete month end procedures and deliver effective close.

Skills

Leadership

Finance Operations Principles

Customer Service

Attention to Detail

Tools

MS Office suite

Job description

Financial Operations Lead

Birmingham, UK ● Bristol, UK ● East Midlands, UK ● England, UK ● Leeds, UK ● Liverpool, UK ● London, UK ● Manchester, UK ● Newcastle, UK ● Surrey, UK ● West Midlands, UK ● Virtual Req #377 02 August 2024

Role: Finance Operations Lead
Location: Remote working, with occasional in person meetingsContract: 35 hrs p/w

Salary: £37,000

This is a fantastic opportunity to work for a charity for older people which isfocused on preventing and alleviating the loneliness that can come with later life.

The Finance Operations Lead has key objectives to complete tasks relating to both accounts payable, accounts receivable and banking processes in the Finance department.This opportunity would be well suited to someone who has demonstrable experience of facilitating the key activities of a busy finance operations team.

Main Responsibilities will include, but not limited to:

Supervise the Finance Officers to ensure that all purchase ledger invoices and refunds to tenants are processed and paid within prescribed timescales.

Ensure invoices are scanned and processed within prescribed timescale.

Review monthly supplier statements reconciliations and follow up on any commentary from previous monthly reviews.

Escalate any issues in the purchase ledger or with suppliers to the Finance Manager on a weekly basis.

Managing the purchase ledger module within our housing system including the setup and management of supplier accounts.

Prepare, review and transmit supplier payment runs in line with ALS payment schedules.

Completing month end procedures and delivering the effective close of the AP system in line with period end deadlines.

Monitor all relevant purchase ledger mailboxes ensuring timely resolution of queries raised by both suppliers and internal stakeholders.

Ensure all refunds to tenants and local authorities are approved and paid in line with the delegated authority of approvers and coded correctly when processed.

Complete monthly balance sheet reconciliation in line with prescribed timescales.

Responsible for generating the purchase ledger ageing analysis and supplier payment date reports.

Oversee the range of activities that fall under banking, accounts receivable and rent ledger tasks, reporting on progress and challenges in weekly meetings with the Finance Manager.

About You

Skills and experience required for this role

Demonstrable experience as a Finance Operations Lead or equivalent in a supervisory transactional finance role.

Solid understanding of finance operations principles.

Proven ability to manage processes and to update financial records within timescales for the department.

An affinity for delivering excellent customer service.

Ability to demonstrate hands-on experience balanced with excellent leadership skills.

High degree of accuracy and attention to detail.

Essential Criteria

Excellent communication skills – both written and oral.

Demonstrable experience of leadership in a similar role

Intermediate proficiency MS Office suite, particularly Excel and Word.

Desirable Criteria

Experience of housing and finance software.

An appreciation of the work delivered by a not-for-profit or voluntary organisation.

Proficient in the use of Microsoft Office suite, particularly Excel and Word.

Pay & Benefits

At Abbeyfield, we are committed to rewarding our staff for their hard work. Our many benefits include:

25 days paid leave increasing to 28 days following 5 years service, plus bank/public holidays

Comprehensive induction

Competitive pay, benchmarked annually.

Pay progression within role based on skills and contribution

Learning and career development opportunities

Medicash – Get help with your medical expenses

BenefitHub – Great savings on hundreds on brands

Unlimited opportunities to earn £500via our 'refer a friend' scheme

Life Assurance

Occupational sick pay

Company pension

Discounted gym membership

Employee assistance programme

Cycle-to-work scheme

Blue light Card – Discount for workers in the social care sector

Once a sufficient amount of applications are relieved, this advert will be closed. We encourage an early application to avoid missing out on this opportunity

Please note this role will require eligibility to work in the UK, two satisfactory employment references and a Standard DBS check, the cost of which will be met by Abbeyfield. You may be asked to provide details regarding convictions; failure to disclose convictions may result in an offer of employment being revoked.

Other details

Job Family Finance

Pay Type Salary

Min Hiring Rate £37,

Max Hiring Rate £37,

Birmingham, UK

Bristol, UK

East Midlands, UK

England, UK

Leeds, UK

Liverpool, UK

London, UK

Manchester, UK

Newcastle, UK

Surrey, UK

West Midlands, UK

Virtual

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