I am working with an Insurance business based in Hertfordshire who are looking for a Assistant Finance Operations Manager. This role predominately works on accounts payable and receivable tasks and he/she will also be required to provide support to the finance operations team to ensure service resilience and supervise the team of two or three.
The main responsibilities for this Assistant Finance Operations Manager will be to:
Lead the team to ensure daily transactions and all reconciliations are completed while managing the team workload, deadline and priorities.
Process all purchase ledger invoices in line with payment terms ensuring correct authorisation process according to expenses and authorisation policies. Besides, employee's expenses to be paid in line with policies on a weekly basis.
Keep up to date accounts payable and receivable procedures, policies, regulations according to auditor's and HMRC requirements
Review weekly reconciliation of cash, credit cards and cheques receipts into accounts receivable and bank statements. Maintain accurate customer accounts and periodically reconcile with accounts receivables balances, resolving any discrepancies in a timely manner.
Supervise a team of 3
The candidate from this Assistant Finance Operations Manager will need to a minimum of 3 years' experience in a Team Leader / Supervisor role and have a minimum 5 years experience in accounts payable & receivables, ideally from the insurance industry.