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.