Our finance team is currently undergoing significant transformation, moving from siloed operations to a more centralised and streamlined operating model, enhancing efficiency and consistency across the authority. Where previously we monitored from a distance the financial operations of our Service providers, we are changing strategy to be more involved at granular level of our payment operations. The consolidation into a single ERP and the integration of an advanced automated reconciliation tool will greatly improve financial controls and transparency.
Role:
The Finance Manager - Ticketing Technology will play a key role within the TT Finance Team, supporting daily operations, updating policies and procedures for the new finance system, managing working capital, handling reconciliations, and contributing to the delivery of financial reporting. With the Transport Technology Finance Team embarking on new schemes and projects, this role offers an exciting opportunity to help streamline processes and drive improvements. The individual will also assist in the transition from manual to systemised processes, while fostering a professional, collaborative environment within the finance team.
The Finance Manager Accountant shall undertake tasks including but not limited to those listed below to the highest standards. The role will also deputise for the Finance Manager - Ticketing Operations as required:
1. Policies, Procedures and Process Improvement:
2. Assist in the review and update of Transport Technology finance Policy & Procedure Documents, using new standard templates, to reflect changes required for the new Business Central ERP Finance System and scheme changes in Leap and mTicketing (TFIGo).
3. Lead on the documentation of key controls in Transport Technology Finance.
4. Support system development and upgrades within Transport Technology from a finance perspective.
5. Assist with process improvements and the development of finance controls.
6. Contribute to the development of internal finance portals and business partnering reporting.
7. Support the implementation and enhancement of business analysis and reporting.
1. Ticketing Operations:
2. Drive process improvement and documentation
3. Assist in the review of key finance monthly controls
4. Problem solve issues as they arise liaising with internal and external stakeholders.
5. Manage the daily banking operations of the mTicketing business, ensuring all funds are processed efficiently and accurately.
6. Manage payments to Scheme Participants (Transport Operators) by preparing and executing all banking transactions efficiently.
7. Ensure that all transactions are processed promptly and accurately.
8. Support daily working capital management, ensuring liquidity and efficient cash flow management; and
9. Participate in projects aimed at improving operations, leveraging technology to automate and streamline processes.
1. Month-End Reconciliations:
2. Complete and review month-end reconciliations investigating and resolving any variances.
3. Prepare and review balance sheet and intercompany reconciliations, ensuring alignment with business units and stakeholders.
4. Contribute to the transition from manual reconciliation processes to a more systemised solution, driving efficiency and accuracy.
5. Collaborate with Finance Managers and other teams to ensure reconciliation processes are standardised and aligned across the business; and
6. Support the preparation of monthly management accounts and reporting packs, providing variance analysis and insights to support decision-making.
1. Additional Responsibilities:
2. Prepare and present monthly KPI reports to management, ensuring key financial metrics are monitored.
3. Assist in the annual budgeting and forecasting processes, providing financial analysis and reporting expertise.
4. Support interim and year-end audit processes and liaise with auditors as needed; and
5. Cultivate a positive working environment by ensuring professional and courteous interactions with all stakeholders and in particular building on business partnering activities within the Transport Technology Department.
1. Other Responsibilities:
2. Carry out other ad-hoc duties as required.
The person:
Key Competencies
We require an individual with the below qualities and expertise;
* Experience in financial management in a tightly controlled finance environment
* Strong financial control experience, audit experience would be beneficial
* Experience in managing managed service providers
* Superior Report Writing skills
* Good analytical ability, with a logical approach to problem solving and sound judgement.
* Capacity to proactively and constructively contribute to team tasks.
* Strong organisational and administrative skills.
* A keen eye for detail and desire to probe further into data.
* Deadline-orientated and an ability to stick to time constraints.
* Strong MS Office skills (proficiency with MS Excel and MS PowerPoint).
* Ability to communicate and interact effectively with stakeholders; and
* A 'can-do' approach with the ability to organise and prioritise workloads to meet deadlines.
Requirements for the Role
* A proactive and driven accountant with a recognised professional qualification (e.g., ACA, ACCA, CIMA).
* Strong attention to detail is essential.
* Experience in drafting policies and procedures and reports.
* Experience in mapping processes and
* Experience on the preparation of management accounts, reconciliations and annual financial statements.
* Excellent interpersonal and communication skills both written and verbal.
* Business analyst skills would be beneficial
* Ability to work on own initiative, as part of a team and as leader of a group; and
* Experience working with multiple financial applications and systems is desirable.
