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Invoice to Cash Manager

Reed
Posted 13 hours ago, valid for a month
Location

Cambridge, Cambridgeshire CB2 8AG, England

Salary

£55,000 - £65,000 per annum

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Invoice to Cash Manager position offers an annual salary between £55,000 and £65,000, based in Cambridge with a hybrid work model.
  • This full-time role requires at least 3 years of proven experience in a similar position, ideally within a finance shared service center.
  • Key responsibilities include managing finance transition projects, ensuring adherence to internal controls, and improving the I2C function's performance using KPIs.
  • Candidates should possess strong leadership skills, excellent communication abilities, and in-depth knowledge of I2C processes and compliance requirements.
  • The role provides a unique opportunity for significant contributions to financial operations, along with a comprehensive benefits package including 28 days of holiday and an annual bonus.
Invoice to Cash Manager
  • Annual Salary: £55,000-£65,000 per annum
  • Location: Cambridge, Hybrid
  • Job Type: Full-time

We are currently working with a large, Cambridge based technology company looking to appoint an experienced and dynamic Invoice to Cash Manager (I2C) at their shared service centre. This role involves building, managing, and driving a high-performing I2C function, ensuring standardised service delivery and high-quality results that align with our customer service standards. You will have the opportunity to own and deliver plans for continuous improvement and evolution of the Shared Services.

Day-to-day of the role:
  • Act as the main focal point for managing finance transition projects and continuous improvement projects impacting the I2C function, including planning, resourcing, knowledge transfer, readiness assessment, and issue resolution.
  • Collaborate with the Process Ownership team and SSC counterparts to align SSC processes with global processes and best practices.
  • Conduct regular reviews of internal controls, risk, and control matrices in conjunction with internal audits.
  • Review policies, ensure adherence, identify areas for improvement, implement corrective actions, and enhancements based on control reviews and audit findings.
  • Manage escalations to address and resolve issues related to the I2C function.
  • Manage the closure of disputed debts, collaborating with finance and business teams to resolve issues and collect cash.
  • Identify the root cause of disputes and ensure action owners are identified to reduce future issues around debt collection.
  • Lead, monitor, and improve the performance and efficiency of the I2C function using Key Performance Indicators (KPIs) and associated reports.
  • Maintain the service catalogue for the I2C function, identify gaps in services with an action plan to address, and ensure consistent operation without regional nuances.
  • Build and maintain strong relationships with stakeholders, ensuring alignment to functional and organisational goals.
  • Manage the I2C team across all entities and countries in scope, setting clear objectives aligned with functional and organisational goals.
Required Skills & Qualifications:
  • Proven experience (at least 3 years) in a similar role, ideally gained within a finance shared service centre.
  • Experience leading and managing a team, including team development and career management.
  • In-depth knowledge of I2C processes, including controls and compliance requirements.
  • Proven track record of using KPIs to improve performance.
  • Ability to operate comfortably at both detailed and strategic levels.
  • Excellent communication and interpersonal skills.
  • Proficiency in utilising ERP systems and other I2C related software.

This role offers a unique opportunity to contribute significantly to the financial operations of a leading company, ensuring effective management and continuous improvement within the I2C function. You will be rewarded with a generous salary and benefits package including 28 days holiday (plus bank holidays), annual bonus, on site restaurant, and generous pension.

Please apply now for more information. 

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.