Financial Operations Manager - Manchester Operations Manager
Oldham - North West
The Role
Working in conjunction with the Finance Dept. of an asset finance leasing company, managing a small department, which will be responsible for processing and controlling the daily transactions for the main asset finance/loan portfolio of the Company.
Responsibilities:
Department Management
This is a new role managing a newly created department, which includes two employees who currently work in the finance department
Manage the employees daily, including setting objectives, managing workloads, periodic staff reviews and annual pay review processes
Establishing processes and procedures for the new department, working in conjunction with the finance department
Control Processing of the following areas
Processing all portfolio purchase invoices into the portfolio system and Sage ledgers
Completion of booking of new deals into the portfolio system
Processing direct debit collections into the portfolio system
Processing allocation of bank payments to relevant contracts in the portfolio system
Processing allocation of bank receipts in the portfolio system
Processing all areas of insurance products in the asset portfolio
Processing AUDDIS instructions to the portfolio system and to BACS
Loading non-portfolio bank transactions to Sage
Loading bad debt movements to the portfolio system
Loading legal fees to the portfolio system
Processing contract terminations / unwinds / write-offs to the portfolio system
Processing secondary shares and split income
Assist with Portfolio data Reconciliations.
Analyse records to identify and resolve any queries
Accounts Payable invoice processing
Reconcile transactions loaded to accounting software.
Experience
Previous experience working in a similar role with management / supervisory experience essential.
Previous experience in a processing department with significant transaction volume throughput with varied transaction types
Accounting knowledge some accounting knowledge/experience is desirable
Experience in / knowledge of the leasing industry (ideally) or the finance sector in general would be preferred
Experience with Sage is preferable but not essential.
Good background education with a minimum of GCSE grade 6 or above (or equivalent) in Maths and English.
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