Transactional Manager (AP & AR) – Key Achievements:

Streamlined accounts payable and receivable processes, reducing transaction processing time by 30%.

Introduced automation for invoice processing and collections, saving 15+ hours per week across the team.

Improved cash flow management by optimising payment cycles and receivables collection, freeing £250,000 / $300,000.

Reduced errors in AP and AR entries by 35% through enhanced controls and reconciliations.

Mentored and developed transactional finance staff, improving overall team efficiency and accuracy.

Duties & Responsibilities:

Manage daily transactional finance operations, including accounts payable and accounts receivable.

Ensure timely and accurate processing of invoices, payments, and collections.

Monitor and reconcile supplier and customer accounts, resolving discrepancies or disputes.

Develop and implement AP and AR policies, procedures, and internal controls.

Prepare regular reports, KPIs, and dashboards for senior management on AP & AR performance.

Collaborate with finance, sales, procurement, and operations teams to resolve transactional issues.

Lead month-end and year-end closing activities related to AP and AR.

Approve payment runs, intercompany transactions, and receivables adjustments as appropriate.

Implement process improvements, automation, and workflow enhancements to increase efficiency.

Forecast cash flow and manage working capital in relation to payables and receivables.

Oversee team performance, providing coaching, training, and development.

Support internal and external audits by providing schedules, reconciliations, and documentation.

Ensure compliance with statutory, regulatory, and corporate financial policies.

Maintain accurate records, filing, and documentation for all AP & AR transactions.

Conduct credit risk assessments for new and existing customers.

Resolve escalated supplier and customer queries promptly.

Provide ad-hoc financial analysis and reporting to support management decision-making.

Participate in system upgrades and process improvement initiatives for transactional finance operations.

Uphold confidentiality, integrity, and professionalism in all AP & AR activities.

Contribute to continuous improvement initiatives within the finance department