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Finance Manager (Payroll)


£50000.00 - £60000.00 per annum

Job Realm:

Finance & Accountancy



Head Office Location:

Barnet, London

Working Location:


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Chris Heasman

Senior Finance Consultant

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Job Description

Based near Barnet, North London our fast-growing client seeks a qualified by experience accountant to join them as a Finance Manager on a permanent basis, with 5 days required in the office per week. *Means of transport will be required to reach site daily.

This job would suit an experienced accountant qualified by experience, day to day dealing with multi-currencies and transacting FX transactions. The Finance Manager overseeing global payments and payroll operations, you will play a pivotal role in managing and optimising payments and payroll processes across multiple international locations.

The company has an extremely impressive track record since inception with a highly impressive and well renowned client list. The business worked with some of the biggest and best known banking brands in the world, and is now looking to invest in the future by bringing in this individual.

The successful individual will possess extensive experience in foreign exchange (FX), international payments and managing payroll functions on a global scale, with a strong understanding of multicurrency payment and payroll processing. They must have good knowledge of Sage 300 or similar accounting software an advantage. Excellent MS Excel skills are also essential.

Job responsibilities:

  • Instructing all cash payments (except Germany) across company's 15 bank accounts in multiple currencies including (GBP, EUR,USD,CHF,PLN,SAR,MAD,BGN,RON), and multiple countries and updating cash flow file accordingly.
  • Reconciliation of client statements received to Accounts Receivable and cash flow file.
  • Reconciliation of aged debtor listing to cash flow for completeness on monthly basis.
  • Updating the cash flow and payment blotter for those payments, whilst reconciling projected bank balances to actual bank balances
  • Instruction of FX transactions to fund those bank accounts from available cash balances un-der guidance of Finance Director (FD)
  • Support the FD's operation of the company's two factoring facilities (UK and Germany) - which would include requesting customer credit limit increases, currency limit changes, investigation of concentration retentions, unallocated cash etc.
  • Administration of the payroll in 7 countries - by submitting payroll files to local accountants or chasing for wage files downloaded from government portals. Handling queries related to Overtime payments, changes to tax codes, access to Payroll portals and so on.
  • Update cash flow with the correct wages and taxes on monthly basis.
  • Support the FD in the production of monthly management information by performing inter-company reconciliations and triggering revaluation processes in G/L.

This is a great role for an ambitious accountant seeing their future as a financial accountant and looking for a position in a growing business that can offer this opportunity.

For more information about this role or any other Finance Manager jobs in Barnet, North London Hertfordshire, please don't hesitate to contact us in confidence or visit our website

Every application will receive a response as this is the recognised working practice at MRK Associates.

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