• Flexible hybrid working
• Part of large International Group
• Comprehensive benefits package

Role: Transactional Finance ManagerLocation: Chorley (hybrid)Salary:   circa £45,000 - £55,000Benefits:  Comprehensive benefits package…  Summary:Medlock Partners have recently been engaged by our new client, a successful SME subsidiary of a large global organisation based in the Chorley area as they look to recruit an experienced Transactional Finance Manager on a permanent basis.Following a recent restructure and system implementation, the Transactional Finance Manager will manage the transactional finance team, overseeing the day-to-day financial operations within the business, ensuring the smooth functioning of all transactional processes.Reporting directly into the Finance Director, the Transactional Finance Manager will be responsible for overseeing accounts payable, accounts receivable, credit control, payroll review, and other financial transactions to ensure accuracy, compliance, and timely processing.  You will review and improve procedures, whilst mentoring and supporting the team.Responsibilities:

• Manage and oversee the daily operations of the transactional finance team, including accounts payable, accounts receivable, and review payroll functions (the actual payroll is managed by our Group company, but the information is provided by us).
• Develop and implement efficient processes and procedures for transactional finance operations to improve accuracy, streamline workflows, and optimise resource utilisation. Ensuring the Company’s Internal Controls (SOPs) are kept up to date.
• Ensure timely and accurate processing of invoices, payments, receipts, and payroll transactions in compliance with company policies and regulatory requirements.
• Review and reconcile financial data, including bank statements, general ledger accounts, and supplier/customer accounts, to identify discrepancies and resolve issues promptly.
• Ensure VAT reporting/reconciliation is completed and submitted in a timely manner including payment.
• Ensure payroll reconciliations completed in a timely manner and relevant PAYE amounts are paid.
• Monitor cash flow, working capital, and financial performance indicators related to transactional activities, and provide regular reports and analysis to senior management.
• Completion of various National Stats
• Regulatory compliance with FCA and ISO.
• Collaborate with cross-functional teams, including finance, accounting, procurement, and operations, to support business objectives and drive process improvements.
• Stay updated on industry trends, best practices, and regulatory changes affecting transactional finance activities, and ensure compliance with relevant standards and regulations.
• Coach, mentor, and develop team members, providing guidance, feedback, and training to enhance their skills and performance.
• Coordinate with external auditors during the audit process.

  The role will suit a candidate with proven experience in transactional finance role or in a similar role, with a track record of success in managing accounts payable, accounts receivable, credit control, and payroll functions.As our client is highly regulated, a good knowledge of financial regulations and accounting principles is required, as well as a flare for financial systems, processes and process automation.Boasting a down to earth, flexible working environment, the successful candidate will enjoy a challenging yet fully rewarding opportunity that plays a pivotal role in the financial health and future of the business.