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Regional Networking Capital Manager WE, Guildford
Client: [Client Name]
Location: Guildford, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: 409aebf4ff1b
Job Views: 101
Posted: 11.03.2025
Expiry Date: 25.04.2025
Job Description:
Regional Net Working Capital Manager, Western Europe
MISSION STATEMENT
The Regional Net Working Capital Manager is responsible for supporting the WE business in improving the effectiveness of trade working capital processes, policies, and commercial arrangements, in order to free cash tied up on the balance sheet. With a particular focus on aligning optimal inventory levels from manufacturing sites to the local markets with strong analytical skills, you will enable sustainable cash improvement from the full cash to cash cycle. You will report to the Head of Finance, Western Europe.
The role has great potential to learn best practices in cash and working capital management within an international business with limitless opportunity.
MAIN ACCOUNTABILITIES AND DUTIES
* Drive continuous Working Capital improvements and optimization by overseeing the management of trade working capital for the markets within your region.
* Monitor, optimize, and lead DSO targets fulfillment with overdue reduction and payment terms optimization.
* Coordinate across countries and invoice to cash team to ensure proper governance set-up and efficient processes for collection purposes.
* Lead payment terms practice in line with Group requirements.
* Free Cash Flow reporting and follow-up.
* Interface with countries to establish reliable NWC and Free-Cash-Flow forecasts.
* Monthly monitoring of cash flow performance vs. target in close collaboration with the countries.
* Significant experience in Inventory Management and Supply Chain, and the underlying drivers of excess stocks along the Forecast to Fulfill process.
* Strong understanding of the Order to Cash and Purchase to Pay cycles, focusing on inventory management and supply chain processes.
* Collaborate with local country teams and coordinate with central supply chain and finance functions to ensure that working capital performance aligns with best practices.
* Actively build, maintain, and strengthen relationships between Central Finance, Local Finance, Supply Chain, and other teams to promote cross-functional collaboration.
* Interpret data and analysis to solve problems and present solutions effectively, providing advice and driving action to implement identified opportunities for improvement.
To be successful in this role, you will need:
* University degree (Bachelor or Master) in Business Administration, Finance/Accounting, Supply Chain/Logistics, Operational Management, or similar.
* Experience in a high-performing consulting firm or within audit, with an understanding of financial statements and reporting, and experience in a Private Equity owned business.
* 10+ years of demonstrable experience in Cash/Trade Working Capital Management, Supply Chain, Inventory Management, Procurement, Credit Management, Treasury, and Data Analytics/Reporting.
* Experience working within the Pharmaceutical industry or any industry with notable cash sensitivities is advantageous.
* Strong analytical thinking with a focus on results.
* Ability to respond quickly, act decisively, and execute flawlessly; structured and organized.
* Proven ability to prioritize, simplify, and deliver impactful recommendations.
* Proficiency in Microsoft Office applications and ERP systems; SAP experience is a major plus.
* Ability to communicate and persuade with various stakeholders in a matrix organization.
* Able to constructively challenge and provide practical solutions.
* Some international travel will be required.
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