Head of Transactional Services

TN United Kingdom; Borehamwood; On-site; GBP 45,000 - 75,000; Full time

Job description

Head of Transactional Services, Borehamwood

Client:

Location:

Borehamwood, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

Job Reference:

9bf51f9a0232

Job Views:

4

Posted:

18.04.2025

Expiry Date:

02.06.2025

Job Description:

Do you have proven experience leading Credit Control and Sales Ledger functions within a complex, multi-site organisation? If so, join Elysium Healthcare as the Head of Transactional Services.

As Head of Transactional Services, you will lead and manage the Credit Control and Sales Ledger teams, ensuring timely and accurate invoicing, debt recovery and financial controls.

Your primary goal will be to maintain robust financial operations, support business objectives and enhance the financial health of Elysium.

You will be critical in maintaining strong cash flow, reducing aged debt and ensuring best practices across all transactional finance operations. You will work closely with senior stakeholders across Finance, Commercial and Operational Teams to drive efficiency and improve processes.

Other responsibilities:

• Overseeing the end-to-end billing process, ensuring timely and accurate invoicing to funders, commissioners and private payers.
• Developing and implementing robust credit control policies and procedures to optimise cash collection and minimise bad debt.
• Monitoring and managing aged debt, proactively resolving issues and escalating concerns where necessary.
• Ensuring compliance with financial regulations, contractual obligations, and internal policies.
• Working closely with operational and commercial teams to resolve billing disputes and streamline processes.
• Providing regular reporting and analysis on debt position, cash flow and key performance indicators to senior management.
• Driving continuous improvement initiatives, leveraging technology and automation to enhance efficiency in transactional finance processes.
• Supporting financial audits and ensure strong internal controls are maintained.
• Developing and mentoring the transactional finance team, fostering a culture of accountability and excellence.

To be successful in this role, you will need:

• Proven experience leading Credit Control and Sales Ledger functions within a complex, multi-site organisation.
• Strong understanding of revenue cycle management, cash flow, and debt recovery strategies.
• Experience working within the healthcare sector, ideally dealing with NHS, local authorities, and private funders.
• Excellent leadership and people management skills, with experience in developing high-performing teams.
• Strong analytical and problem-solving skills, with the ability to interpret financial data and present insights to senior stakeholders (advanced or intermediate excel skills)
• Knowledge of relevant financial regulations, invoicing standards, and contractual obligations in healthcare.
• Excellent communication and stakeholder management skills, with the ability to build strong relationships across departments.
• Experience with finance systems and process automation to enhance efficiency and accuracy.

What you will get:

• The equivalent of 33 days annual leave (inc Bank Holidays) – plus your birthday off!
• Free parking
• Wellbeing support and activities to help you maintain a great work-life balance.
• Career development and training to help you achieve your career goals.
• Pension contribution to secure your future.
• Life Assurance for added peace of mind.
• Enhanced Maternity Package so you can truly enjoy this special time.

There is also a range of other benefits including retail discounts, special offers and much more.

About your next employer:

You will be working for an established, stable and agile company with over 8,000 employees and a unique approach to the delivery of care. With a network of over 90 services across England and Wales covering Mental Health, Neurological, Learning Disabilities & Autism, Children & Education, there is opportunity for you to grow and move.

Elysium Healthcare is part of Ramsay Health Care with a global network that extends across 10 countries and employs over 86,000 people globally.

Elysium Healthcare follows safer recruitment of staff for all appointments and is a Disability Confident employer, committed to inclusive and accessible recruitment. It is a requirement that all staff understand it is each person’s individual responsibility to promote and safeguard the welfare of service users. All candidates will be subject to a DBS disclosure.