Head of Transactional Finance

Utaceram; United Kingdom; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading testing solutions company in the United Kingdom seeks a Finance Manager to oversee Accounts Receivable and Payable functions. The role involves managing a team, monitoring KPIs, and ensuring effective financial reporting. Ideal candidates should have prior transactional experience and the ability to implement continuous improvements. The position offers competitive benefits focused on employee wellbeing and development.

Benefits

Life Cover

Discounts through the Perkz reward scheme

Recognition awards

Contributory pension schemes

Family friendly policies

Employee assistance support services

Qualifications

• Ready to step up and manage a team/function.
• Examples of continuous improvements required.
• Experience of managing P2P and R2R.

Responsibilities

• Manage Accounts Receivable and Payable functions with 5 direct reports.
• Monitor and improve departmental KPIs.
• Prepare and analyze periodic AP balances.

Skills

Transactional experience

Continuous improvements

Knowledge of P2P and/or R2R processes

Job description

UTAC is a market-leading international group in digital & sustainable mobility, customisable testing solutions, customisable testing systems, vehicle engineering, homologation, regulatory advice & expertise, certification, training, corporate events and classic & sportscars festivals.

The Group provides services and systems to customers in the various sectors: mobility, transport, tyre, petrochemical, agriculture and defence industries. UTAC operates test centres and laboratories in France (including the official Euro NCAP facility), the UK, USA, Finland, Morocco, and Germany; it has subsidiaries in China, Korea and Japan. UTAC employs around 1300 people across its various locations.

As a group we share a strong and clear vision to deliver safe and efficient solutions and systems to our customers. We are proud and confident in our heritage, our capabilities and our people and believe that by creating a culture where individuals feel they can make a difference and enjoy coming to work, we can deliver the best possible service to our customers.

Our core values of Expertise, Innovation and Integrity provide a clear daily guide to how we work together safely, as one team, helping each other to succeed.

Job Description

• Managingboth the Accounts Receivable and Payable functions. (5 Direct reports).
• The monitoring, maintaining and improvement of departmental KPIs, such as DSO, credit note analysisand invoices processed.
• To build and forecast weekly, the next 13 weeks receipts and payments.
• Review of monthly reconciliations.
• Organization of the team's resources over busy periods.
• Review of payment runs, and processing.
• Reviewing and improving departmental processes
• Lead weekly meetings with the teams,to review and uphold high standards.
• Providingreports to the business, as to their overdue customer debt, and existing issues with payments.
• Ensuring and planningthe rotation of knowledge and experience through-out the team.
• Being a point of escalation for issues.
• Prepare and analyse periodic AP balances and vendor spend reports.
• Supporting key change initiatives and drive through continuous improvement.
• Providing other ad-hoc reporting to line managers and stakeholders.
• Act in accordance with the behaviours for UTAC staff at all times.

Qualifications

• Previous transactional experience, and ready to step up and manage a team/function.
• Examples of continuous improvements.
• Knowledge of P2P and/or R2R processes and risks.
• Experience of managing P2P and R2R.

Additional Information

For you, as a potential UTAC team member, we believe that the international and diverse nature of our business combined with the passion, energy and friendliness of our people create a great place to work. UTAC is proud to be an equal opportunities employer, valuing inclusion and supporting our people to be themselves and at their very best.

By joining us you will gain access to a broad range of learning relevant to your role and personal development, as well as exposure to leading technologies and expertise.

Our reward and benefit programmes are designed to support our people with competitive and locally tailored packages combined with support for individual health and wellbeing both inside and outside of work.

In the UK this includes;

• Life Cover
• Access to a wide range of discounts and offers via the Perkz reward scheme
• Recognition awards linked to our UTAC values of Expertise, Innovation and Integrity.
• Contributorypension schemes
• Attractivefamily friendly policies; maternity, paternity, shared parental leave, flexible working.
• Access to a variety of employee assistance support services.

Learn more about UTAC and what and how we do what we do at www.utac.com

Candidates for positions at UTAC must be able to provide proof of identity and eligibility to work in the country the role is based in. Immigration visa sponsorship is not available for this position.

Note to Recruitment Agencies:

UTAC do not accept speculative applications from agencies for our open positions and any submissions made will not be accepted and no fees will be accepted or paid in respect of speculative CVs received.

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