Finance Shared Services Team Leader

Important role to play where you will have responsibility for several sub ledgers including Accounts Payable (AP) and Sales ledgers. The FSS Team Leader proactively supports the ongoing development of all relevant systems, processes and reporting; partnering with the wider business and project teams as necessary to ensure that the systems reflect the correct balances within the accounting ledgers

Client Details

Prestigous Financial Services company well known across the globe. The organisation really values their employees and offer excellent opportunities and are looking for two candidates to join their team due to progression of the current postholders.

Description

Accounts Payable Responsibilities:

• Regular review of all Accounts Payable ledgers and investigation of any open items
• Monitoring, controlling and support in the ongoing development of: the purchase order system (P2P), travel management system (Egencia) and staff expense system (Concur)
• Releasing payments to dealers and vendors on a daily basis, ensuring all BACS payments are authorized in line with OVF Procedure
• Management of all Accounts Payable KPI reporting

Reconciliation:

• Ensuring that all bank accounts are reconciled on a daily basis
• Proactively resolving and creating action plans for reconciling items
• Ensuring aged items are worked appropriately in a timely manner, working closely with the business operations
• Preparation of monthly reconciliations on Blackline software in line with Group Policy

Team Responsibilities:

• Managing a team of Clerks. Daily oversight of responsibilities ensuring a prompt and accurate delivery of service and provision of support to the team as required
• Adherence of the team to all company procedures e.g. expenses and purchasing
• Understanding and promoting the Vauxhall Finance's procedure on treating customers fairly (TCF)
• Ensure ongoing adherence to all relevant compliance regulations that may govern the business and complete all regulatory knowledge training where applicable in a timely fashion

Finance & Business Support:

• Supporting the Local Finance team during the month end close
• Engagement in Finance led projects and initiatives
• Ensuring costs are controlled correctly; partnering with the business and Controlling to ensure accruals, prepayments and fixed assets are correctly accounted for
• Identifying, tracking and resolving queries on the ledgers, escalating as appropriate
• Preparations of various month end reporting e.g. balance sheet reclasses
• Assist with audit preparation; month and year end closing processes
• Providing support to the wider Financial Shared Services team as and when required

Providing support to the wider Financial Shared Services team as and when required

Profile

Required Experience:

• Suitable for someone embarking / or wishing to embark on professional studies such as AAT/ACCA
• Experience in using SAP or equivalent financial system
• Proven experience in managing financial processes
• Experience of managing and developing a team
• Experience of working in a dynamic finance environment; working with stakeholders from across the business.

Required Knowledge:

• Microsoft Office Software including excellent Excel skills
• Proven experience of processing VAT including foreign outputs and inputs
• Working knowledge of reconciliations
• Basic understanding of financial statements
• Good analytical and numerical skills

Job Offer

The successful candidate can expect:

• Competitive Salary
• 25 days annual leave with optional buy/sell scheme
• Excellent Pension
• Private Medical Care