Senior Manager, ABL & Financing

Morgan McKinley (South West); West of England; On-site; GBP 75,000 - 110,000; Full time

Job summary

Morgan McKinley is partnering with a VC backed business to recruit a Senior Manager, ABL & Financing. This role will own the asset-based lending facility and the group's lender reporting, including covenant compliance and the funding model.

Based in North Bristol, the role works with the Chairman and finance team to support ambitious growth plans. You will need hands-on ABL experience from the borrower side, ideally with lender or ABL audit background, and be comfortable in a fast-paced

Qualifications

• Hands-on ABL experience from borrower side is required.
• Strong Excel modelling capability.
• Comfortable with lender reporting and covenant monitoring.

Responsibilities

• Build and maintain the receivables borrowing base.
• Prepare weekly and monthly lender reporting including covenant compliance.
• Own the funding model and integrated forecast with 13-week cash flow for lenders.
• Document borrowing-base and reporting procedures.
• Collaborate with finance leadership and Head of Finance Operations to support growth.

Skills

ABL experience

Excel modelling

Lender reporting

Forecasting

Education

Qualified Accountant

Job description

Morgan McKinley is partnering with a VC backed business based in North Bristol, to recruit a Senior Manager, ABL & Financing.

My client funds its growth through an asset-based lending facility and is currently strengthening the finance team around it. This role will be responsible for owning the facility and the group's lender reporting in relation to borrowing base, availability, covenant compliance and the funding model.

This role works directly with the Chairman and alongside the existing finance team, and is a great opportunity to join a fast growing international business with very ambitious growth plans.

Specific responsibilities will include:

• Build and maintain the receivables borrowing base from the ledger kept by the Head of Credit Control and Billing.
• Weekly and monthly Lender reporting, including covenant compliance and lender information requests.
• Own the funding model, including the integrated forecast and thirteen-week cash flow in lender-ready form. with the Head of Finance Operations, covering headroom, accordion and facility option analysis as the group grows.
• Document borrowing-base and reporting procedures.
• To be considered for this role you will need to possess hands-on ABL experience from the borrower side, ideally also from a lender or ABL audit background.

You will likely be a Qualified Accountant (or equivalent), comfortable operating in a fast-paced business environment and with strong Excel modelling capability.

Ideally you will also be available to start a new role at short notice and comfortable being predominantly office based