Head of Transactional Finance – LBS- 015

Southwark Council
Southwark
9 months ago
Applications closed

Job Category : Financial

Location : 160 Tooley Street, Southwark Council

Hours Per Week : 36.00

Start Date : Immediate Start

Start Time : 09:00

End Time : 17:00

Salary: £34.87

To be the principal operational and strategic lead responsible for managing and delivering Transactional Finance Services for the Council, with budget responsibility of circa £3 million per annum.

To lead on modernisation of Transactional Finance that delivers both transformation of the service and meets the strategic channel shift required by the ‘digital first’ corporate strategy.

To ensure accounts payable, accounts receivable and banking functions are managed to perform effectively and efficiently within the Transactional Finance, meeting the needs of both internal and external customers.

To be responsible for the operational administration, management and development of:

• The councils SAP accounts payables and SAP accounts receivables functions and services, and payables functions relating to adult social care through Mosaic

• The councils SAP master data and user management functions and services.

To have responsibility for managing the Council’s sundry debt programme and management of payments of SAP AR invoices totalling £620m in year.

Responsibilities

1. Drive the implementation and further development of Transactional Finance, particularly

those relating to transactional processing activities with the aim of seeking areas of

further operational efficiency across the Council.

2. Ensuring achievement of performance targets and quality of service provision from

accounts payables and accounts receivables (processing) team, credit control and SAP

management (control) team, banking team and all related contractors.

3. Supporting the delivery of effective and efficient services with a view to delivering

improved value for money in the future.

4. Improving customer relationships both internally and externally through improved service

delivery.

5. Provision of expert analysis and advice on accounts payable, accounts receivables and

SAP operational functions.

6. Providing high quality information and appropriate financial advice to budget holders and

senior officers.

7. Promoting the principles of centralised shared services to support the achievement of

the Council’s service objectives.

8. Promoting, applying and supporting effective financial control across financial business

processes both within and outside the Transactional Finance.

9. Supervision of staff within own teams and other staff or contractors as required.

10. Ensuring the integrity and control of AP / AR / Banking functions in accordance with and

in support of audit processes and recommendations by centralising accountability.

11. Ensuring the integrity and control of SAP master data and other SAP support functions

in accordance with and in support of audit processes and recommendations by

centralising accountability.

12. Ensuring financial control of all Exchequer systems and interfaces into the financial

accounting modules of SAP through regular reconciliation and reporting of issues.

13. Ensuring financial control of all income and banking management systems and

processes interfacing into the financial accounting modules of SAP and AIM, including

providing expert advice on the governance around income collection, payment systems

and income management systems and aspects related to income management across

the Council.

14. Developing further automation of the various service areas across Transactional

Finance, including the use of robotics and artificial intelligence.

Knowledge, including educational qualifications:

Relevant degree or MAAT or CCAB qualification and / or work

experience of at least equivalent level. 

Knowledge of relevant aspects of local government finance

including local authority accounting and financial administration 

Knowledge of issues affecting local government finance and

proposed changes in key financial or other regulations,

particularly in so far as they relate to the key roles of the post.

Extensive knowledge of change management and service development

techniques, preferably gained in a Local Government environment. 

Experience:

Experience in all relevant management competencies per the

schedule below 

Extensive recent experience of Local Government Services of

which a significant period at a senior level 

Experience of the following:

– Financial planning

– Provision of financial information to inform effective

decision making including ensuring the effective

maintenance of financial records to support this

– Financial monitoring, forecasting and reporting

– Financial administration

– Staff management

Experience of change management, implementing major change in a

significant organisation.

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