Financial Operations Lead

TN United Kingdom; London; Remote; GBP 37,000; Full time

Job summary

Join a forward-thinking charity as a Finance Operations Lead, where you will play a vital role in managing finance operations to support older people. This position offers the chance to lead a dynamic team, ensuring the timely processing of financial transactions while maintaining high accuracy and attention to detail. With a focus on preventing loneliness in later life, this role is perfect for someone passionate about making a difference. Enjoy competitive benefits including generous leave, medical support, and a referral bonus scheme, all while working in a collaborative environment.

Benefits

25 days paid leave

Medical expenses support

Discounts through BenefitHub

Referral bonus scheme

Life assurance

Occupational sick pay

Pension

Gym discounts

Cycle-to-work scheme

Blue Light Card discounts

Qualifications

• Experience in a supervisory finance role with strong finance operations understanding.
• Excellent communication skills and ability to manage processes effectively.

Responsibilities

• Supervise Finance Officers for timely processing of invoices and refunds.
• Manage purchase ledger and ensure accurate financial records.

Skills

Finance Operations Management

Customer Service

Leadership Skills

Attention to Detail

Tools

MS Office (Excel, Word)

Housing and Finance Software

Job description

Financial Operations Lead

Locations: 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 | Date: 02 August 2024

Role: Finance Operations Lead
Location: Remote working, with occasional in-person meetings
Contract: 35 hrs per week

Salary: £37,000

This is a fantastic opportunity to work for a charity dedicated to supporting older people, focusing on preventing and alleviating loneliness in later life.

The Finance Operations Lead will be responsible for tasks related to accounts payable, accounts receivable, and banking processes within the Finance department. This role suits someone with demonstrable experience in managing key activities of a busy finance operations team.

Main Responsibilities include:

1. Supervise Finance Officers to ensure timely processing and payment of purchase ledger invoices and tenant refunds.
2. Ensure invoices are scanned and processed within set timescales.
3. Review monthly supplier statement reconciliations and follow up on discrepancies.
4. Escalate issues related to purchase ledger or suppliers to the Finance Manager weekly.
5. Manage the purchase ledger module within our housing system, including supplier account setup and management.
6. Prepare, review, and transmit supplier payment runs according to ALS payment schedules.
7. Complete month-end procedures and close the AP system in line with deadlines.
8. Monitor purchase ledger mailboxes and resolve queries from suppliers and stakeholders promptly.
9. Ensure refunds to tenants and authorities are approved, paid, and correctly coded.
10. Perform monthly balance sheet reconciliations.
11. Generate purchase ledger aging analysis and payment date reports.
12. Oversee banking, receivables, and rent ledger activities, reporting progress and challenges weekly.

About You

Skills and Experience:

1. Experience as a Finance Operations Lead or similar supervisory finance role.
2. Strong understanding of finance operations principles.
3. Ability to manage processes and update financial records within deadlines.
4. Excellent customer service skills.
5. Hands-on experience with leadership skills.
6. High accuracy and attention to detail.

Essential Criteria:

1. Excellent written and oral communication skills.
2. Leadership experience in a similar role.
3. Proficiency in MS Office, especially Excel and Word.

Desirable Criteria:

1. Experience with housing and finance software.
2. Understanding of the non-profit or voluntary sector.
3. Proficiency in Microsoft Office, especially Excel and Word.

Pay & Benefits

We offer competitive rewards including:

• 25 days paid leave, increasing to 28 after 5 years, plus bank/public holidays.
• Comprehensive induction and learning opportunities.
• Annual benchmarked pay and potential for pay progression.
• Medical expenses support via Medicash.
• Discounts through BenefitHub.
• Referral bonus scheme (£500).
• Life assurance, occupational sick pay, pension, gym discounts, employee assistance, cycle-to-work scheme, and Blue Light Card discounts.

We encourage early applications as the role will be closed once enough applications are received. Applicants must be eligible to work in the UK, provide two references, and pass a DBS check (cost covered by Abbeyfield). Disclosures about convictions may be required.

Other Details

• Job Family: Finance
• Pay Type: Salary
• Min/Max Rate: £37,000
• Locations: Birmingham, Bristol, East Midlands, England, Leeds, Liverpool, London, Manchester, Newcastle, Surrey, West Midlands, Virtual