Transactional Team Leader

Working Pattern: Monday – Friday, 40 hours

The role

The Transactional Team Leader is responsible for the day-to-day leadership of the transactional finance function and for maintaining strong financial control across the underlying ledgers and balance sheet. The role ensures that core finance processes are completed accurately, consistently and to deadline, and that issues are investigated and resolved  postholder will act as the main link between the Head of Finance and the transactional finance team, taking ownership of balance sheet reconciliations, working capital reporting, VAT preparation, fixed assets, purchase-to-pay controls, statutory submissions and audit support.

The

main responsibilities include:
Team leadership and operational delivery

• Lead, support and develop the transactional finance team, setting clear priorities, responsibilities and performance expectations.
• Plan and manage workloads across accounts payable, accounts receivable and associated transactional processes to ensure deadlines are met.
• Act as the first point of escalation for complex customer, supplier and internal finance queries.

Month-end and balance sheet control

• Own the monthly balance sheet reconciliation process, ensuring all reconciliations are complete, accurate, reviewed and supported by clear evidence.
• Review aged and unusual balances, investigate reconciling items and ensure corrective action is agreed and completed promptly.
• Drill into detailed customer and supplier reports to identify errors, duplicated items, unapplied cash, debit balances, overdue items and other exceptions.
• Support the month-end close, including journals, schedules, cut-off reviews and control activities within the role's remit.

Working capital and cash management

• Own the monthly calculation, tracking and reporting of working capital KPIs, including debtor days, creditor days and aged balances.
• Analyse the operational and commercial drivers behind movements in customer collections and supplier balances.
• Identify overdue debt, payment delays, billing issues, blocked transactions and supplier-account risks, and coordinate action with the relevant owners.

VAT, statutory reporting and compliance

• Prepare monthly VAT returns and supporting reconciliations for review and submission.
• Ensure VAT treatment is accurate, consistent and appropriately evidenced, escalating complex or uncertain matters where required.
• Prepare Office for National Statistics submissions where relevant and retain appropriate supporting records.
• Support other statutory, regulatory and compliance reporting within the finance function.
• Maintain process documentation and evidence required to demonstrate that key compliance controls have operated.
• Monitor purchase order compliance and report clearly on exceptions, unmatched invoices and outstanding commitments.
• Work closely with Goods In, Procurement, Engineering, Operations and budget holders to resolve goods receipting, invoice matching and approval issues.
• Challenge recurring process failures, identify root causes and agree corrective actions with named owners and deadlines.
• Provide practical guidance to non-finance stakeholders on finance processes and control requirements.
• Build constructive working relationships across the business while maintaining appropriate financial challenge and control.

Decision-making and authority

• Allocate and reprioritise work within the transactional finance team to meet business and reporting deadlines.
• Investigation and correction of unsupported, unreconciled or unusual balances.
• Escalate material control failures, compliance concerns, cash risks and unresolved stakeholder issues to the Head of Finance.
• Challenge non-compliance with purchase-to-pay, receipting and approval processes and agree corrective…