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.