The Transactional Finance Manager will take ownership of all aspects of cash management, banking, and treasury operations, ensuring liquidity and financial stability for the business. This role will lead a team responsible for cash forecasting, credit control, and accounts receivable, while managing external relationships with customers, banking partners, and internal Group Treasury.
Client Details
Michael Page are partnering on an Exclusive basis with an International FMCG business based in Richmond who are recruiting for a Transactional Finance Manager to join the team
Description
As the Transactional Finance Manager based in Richmond, you’ll be responsible for:
The Transactional Finance Manager will take ownership of all aspects of cash management, banking, and treasury operations, ensuring liquidity and financial stability for the business. This role will lead a team responsible for cash forecasting, credit control, and accounts receivable, while managing external relationships with customers, banking partners, and internal Group Treasury. The position is pivotal in driving operational excellence and strategic influence-leading the transition to a new banking partner, managing borrowing requirements, placing short-term deposits, and supporting foreign exchange exposure. It combines technical expertise with strong leadership and stakeholder engagement, making it an exciting opportunity for a forward-thinking finance professional.
Responsibilities:
Credit Control & Accounts Receivable
*Oversee credit control and accounts receivable processes, ensuring timely collections and accurate customer account management
*Manage customer credit limits and proactively mitigate credit risk through effective monitoring and engagement
Cash Management & Treasury Leadership
*Oversee daily cash management, ensuring optimal liquidity and efficient use of funds
*Lead cash forecasting processes to provide accurate visibility of short- and medium-term cash requirements
*Manage borrowing requirements with Group Treasury and ensure timely placement of surplus funds on short-term deposit
Banking & External Relationships
*Act as the key liaison with external banking partners, ensuring smooth operations and strong relationship management
*Lead the transition to a new banking partner, ensuring minimal disruption and robust controls
Team Leadership & Development
*Lead, coach, and develop the cash management team, fostering a culture of accountability and continuous improvement
*Build capability within the team to support future growth and complexity
Foreign Exchange Exposure
*Support management of FX requirements, liaising with Group Treasury to ensure appropriate hedging and risk mitigation strategies
Governance & Compliance
*Ensure all cash management and treasury activities comply with internal policies and external regulatory requirements
*Maintain strong controls and documentation to safeguard assets and mitigate financial risk
Stakeholder Engagement
*Act as a key partner to Group Treasury and external banking institutions, ensuring alignment and collaboration
*Provide insight and recommendations to senior finance leadership on cash and liquidity strategies
Profile
*Significant experience in cash management, credit control, treasury operations, within a mid-to-large, complex organisation
*Technical Expertise to include a strong understanding of banking operations, cash forecasting, credit risk management, and FX exposure
*Familiarity with ERP systems (SAP S/4 preferred) is beneficial but not essential
*Leadership: Proven ability to lead and develop teams, with strong stakeholder management skills
*You may have or Professional accounting qualification (ACA, ACCA, CIMA) or qualified through experience
Job Offer
*Salary £65,000 - £75,000
*Bonus of up to 17%
*Pension - Matches contribution + 2%
*Private Healthcare
*25 days holiday
*Hybrid Working - 3 days in the office, 2 days from home
*Gym
*Free Parking