SUMMARY OF THE BUSINESS:

Positive Solutions Limited is a leading provider of B2B healthcare technology to the UK community pharmacy market and is expanding rapidly into new healthcare settings. For 30 years we have provided innovative solutions which enhance patient safety and experience, drive efficiency and frees up clinicians to deliver more care.

SUMMARY OF THE ROLE:

We are seeking a skilled Transactional Finance Manager to join our finance team. The ideal candidate will have a strong background in financial operations, with expertise in managing transactional processes efficiently and effectively. 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. To review and improve procedures; to mentor and support the team, including regular 1:1’s and objective setting.

KEY 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.

The Transactional Finance Manager is a key figure in overseeing the day-to-day financial operations within the Company, ensuring the smooth functioning of all transactional processes.

PURPOSE OF THE JOB:

• 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.

Key Attributes:

• 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.
• Strong analytical and strategic thinking skills.
• In-depth knowledge of financial regulations and accounting principles.
• Proficiency in financial software systems (e.g. Oracle Netsuite) and Microsoft Excel; experience with process automation tools is a plus.
• Excellent communication and leadership skills.
• Ability to work collaboratively in a cross-functional team.
• Detail-oriented with strong organisational and time management skills.