Description:
You will be responsible for all aspects of Bright Horizons’ transactional finance processing including leading the Accounts Receivable, Accounts Payable, Funding and Payroll teams. You will support a drive to continually improve processes and procedures and provide accurate and timely reporting to support the wider business.
What You Will Be Doing:
Key Tasks and Responsibilities:
- Leading and developing a highly motivated team
- Acting as an escalation point for complex issues and engage with internal and external stakeholders to resolve.
- SME for payroll, funding, accounts receivable and accounts payable
- Developing a suite of relevant KPIs and produce regular dashboard reporting.
- Continuously driving process improvement
- Accurate and timely recording of financial transactions
- Responsible for reviewing and challenging transactional balance sheet reconciliations and identifying risks and opportunities.
Responsible for
- Effectively leading the transactional finance team, promoting high performance, and creating a collaborative team environment
- Adapting to and leading technical legislation and regulatory payroll changes to ensure the company remains compliant.
- Delivering accurate and timely payroll of c.9000 employees
- Administering and reconciling all statutory payments/deductions and issuing of accurate and appropriate tax forms such as P45s, P60s and P11ds
- Overseeing appropriate pension contributions, including compliance with auto enrolment and salary sacrifice arrangements
- Reviewing and challenging balance sheet reconciliations on a monthly and quarterly basis, ensuring the process is conducted in a robust and timely manner, well understood across the team and that old balances are investigated and resolved, and risks and opportunities are highlighted.
- Collaborating across the finance teams and the wider business
- Leading training sessions for non-finance personnel to ensure transactional finance related processes are understood and adhered to
- Developing and distributing dashboard reporting to drive compliance with finance processes across the business
- Identifying and implementing process and system improvements to ensure tasks are being done in the most efficient manner and risks are mitigated, ensuring good financial controls are at the forefront of all processes.
- Ensuring transaction teams are supported through system and process changes with adequate training.
- Supporting internal and external auditors
- Managing relationships with external agencies such as HMRC and Companies House and external payroll providers
- Managing and signing off Sox controls
What We Are Looking For:
- Proven track record of managing a highly motivated team.
- Proven track record of driving process improvement and a strong control environment
- Comprehensive working knowledge of complex payroll functions and systems
- Up to date with payroll legislation
- Strong understanding of confidentiality
- Strong knowledge of Microsoft Office (Outlook, Excel, Word, PowerPoint)