Transactional Finance Team Lead

Tennants Consolidated Limited; Belfast City District; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

Tennants Consolidated Limited in Belfast is seeking a Transaction Finance Team Lead to steer a small team handling bank postings, purchase and sales ledgers, and employee expenses. You will ensure timely, accurate processing and strong financial controls across five entities in the division.

You’ll mentor staff, drive process improvements, monitor cash flow, and provide insightful KPI reporting to support the wider finance function. Office-based role with some travel as needed.

Qualifications

• Significant experience (min 3 years) in a similar finance role of managing purchase ledger, sales ledger and expenses processes.
• Experience of managing and leading a small transactional finance team.
• Strong understanding of financial controls and transactional processes.

Responsibilities

• Manage, support and develop a small finance team responsible for transaction processing.
• Oversee bank postings, reconciliations and cash allocation.
• Manage end to end purchase ledge processes, including invoice processing, approvals and payment runs.
• Monitor aged debt and support credit control to minimize overdue balances.
• Provide regular reporting on key transactional KPI’s and support wider finance reporting.

Skills

Team leadership

Transactional finance

Bank reconciliations

Purchase ledger

Cash management

Education

Accounting qualification (AAT/ACCA/CIMA)

Tools

Excel

Accounting software

Job description

Building Products Belfast, Fertilizer Belfast, Chemicals Distribution (CTNI), Bitumen Belfast (TBIT), Building Products Dublin & Cork (TBP) & Fertilizer Cork (CTC),

Belgrave Contract Management Limited (Belfast)

Location: Belfast (Office based) Suite C Victoria Business Park, 9 West Bank Road, Belfast. Travel to other sites may be required from with plenty of advanced notice.

Status: Permanent – Full Time

Reporting to: FPA Road and construction & Transactional Services Finance Manager.

Key Deliverables – As the team lead of the transactional finance team for 5 legal entities within the Road and Construction division you will ensure a best-in-class service to support these 5 legal entities. Ensuring timely and accurate processing of Financial transactions.

Direct Reports – 2 direct reports

Role Overview

The transaction finance team lead is responsible for leading and overseeing a transactional finance team managing key financial processes, including bank processing, purchase ledger (accounts payable), sales ledger (accounts receivable) and employee expenses. The role ensures accurate, timely and controlled processing of financial transactions while driving process improvement, maintaining strong financial controls and supporting wider finance function.

Job Description

• Manage, support and develop a small finance team responsible for transaction processing.
• Allocate workloads and ensure tasks are completed accurately and within deadlines.
• Setting team objectives and ensure regular review mechanisms are in place to drive accountability.
• Mentor & developing the transactional finance team, to develop a culture of continuous improvement and high performance.
• Bank & Cash Management
• Oversee daily bank postings, reconciliations and cash allocation.
• Ensure timely resolution of reconciling items and discrepancies.
• Monitor cash movements and support cash flow reporting when required.
• Maintain strong controls over banking processes and authorisations.
• Purchase Ledger (Accounts Payable)
• Manage end to end purchase ledge processes, including invoice processing, approvals and payment run’s.
• Ensure supplier invoices are processed accurately and in line with company policies and procedures.
• Oversee supplier statement reconciliations and resolve queries promptly.
• Maintain strong internal (operations team) and supplier relationships and ensure timely payments.
• Supervise invoicing, cash allocation and support credit control activities.
• Ensure timely and accurate billing of customers.
• Monitor aged debt and support credit controller to minimise overdue balances.
• Resolve customer queries relating to invoices and payments.
• Employee Expenses
• Manage the employee expenses process to ensure payments are made in line with the company expense policy.
• Ensure expense are posted to the general ledge in a timely fashion.
• Controls, Compliance & Process Improvement
• Ensure adherence to financial controls across all transactional processes.
• Support audit requirements my maintaining accurate documentation and process records.
• Identify and implement process improvement to enhance efficiency and accuracy.
• Reporting & Support
• Provide regular reporting on key transactional KPI’s (aged debt, creditor balances etc.
• Working with the wider finance team to support financial reporting.

Candidate Criteria

• Significant experience (min 3 years) in a similar finance role of managing, purchase ledger, sales ledger and expenses processes.
• Experience of managing and leading a small transactional finance team.
• Strong understanding of financial controls and transactional processes.
• Good working knowledge of accounting systems and excel.
• High attention to detail and commitment to accuracy.
• Strong organisational and time management skills.
• Ability to use own initiative but also working well within a team.
• Working towards or open to working towards an accounting qualification (AAT, ACCA, CIMA).
• Experience in process improvement or have been involved in system implementation.