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Gategroup

Working Capital Manager Scandinavia

LocationBelgrade, RS
Typefull-time
DepartmentFinance
Company size10,000+ people
First seen1w ago
Last seen12h ago
About the company
We’re looking for motivated, engaged people to help make everyone’s journeys better.
Job Summary:
The Working Capital Manger is a pivotal role in the gategourmet Scandinavia SSC Serbia Finance Team, responsible for the day-to-day management and review of the operational and financial performance of SSC Accounts Receivable (AR), Accounts Payable (AP) and Treasury functions.
The role acts as a hands-on supervisor and takes an active part in the team, he/she will drive internal and external communication with stakeholders to understand key business processes and manage operational working capital (WC) challenges.
Main Duties and Responsibilities:
•
Provide leadership, support and coaching to the AR and AP team members ensuring efficient processes, up-to-date tools and high-quality results
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Financial analysis of opportunities for WC optimization, within the context of commercial and operational requirements of the business
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Report to key stakeholders (e.g. Snr Finance, Commercial, Procurement / leadership team)
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Day-to-day AR responsibilities include:
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Supervision of the Accounts Receivable Assistants to ensure accurate and timely completion of customer billing, payment allocation and other AR team tasks
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Work closely with the AR Assistants and Sales Account teams to identify any collection issues and work with customers to resolve
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Develop and improve credit control processes and procedures
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Day-to-day AP responsibilities include:
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Supervision of Accounts Payable Assistants to ensure all tasks are completed on time and in line with company policy; assisting with the processing of Supplier invoices (COS & OPEX) for Denmark, Sweden & Norway
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Ensuring the processing, netting off and payment of Inter-company invoices on a timely basis, in line with group timetable and guidelines
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Ensuring that supplier invoices are coded accurately and consistently to the correct nominal, profit/cost center and vat codes
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Ensuring the timely and correct allocation of payments to relevant supplier invoices/accounts
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Processing of payment runs, both one off and routine monthly runs
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Assisting with the requirements of both internal and external audit
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Day-to-day Treasury responsibilities include:
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Managing AR and AP intercompany positions (leveraging the Group netting system)
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Timely funds planning and cash allocation
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Monthly input to cash forecast
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Provision of timely and accurate KPI & Dashboard reports to Management – AP & AR
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Responsible for internal controls of the AP & AR Functions
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Provide support to the broader team on AP, AR, Treasury and other WC related topics for closings and audits
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Fostering a culture of continuous improvement in the AP & AR SSC Functions
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Ensuring the proper filing and archiving of AP & AR records in line with company and statutory guidelines
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Ensuring the maintenance and update of AP & AR teams task lists and process notes to facilitate continuity of work
Qualifications
Education:
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Bachelors and Masters in Finance or related; or similar by experience
Work Experience:
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Minimum 5 to 10 years of relevant working experience
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Experience in managing AP & AR functions in similar sized organizations
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Sufficient Team Management experience
Technical Skills:
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Sound analytical and problem-solving skills
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Excellent MS Office skills, especially Excel, required; Power BI is a plus
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Experience with SAP FI is an advantage
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Strong international business acumen
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Practical background in Finance environment of an international, large size company desired
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Knowledge of cash management principles required
Language / Communication Skills:
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Fluent in English (verbal and written) is a must
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Strong interpersonal skills and comfortable communicating with all levels of the organization required
Other skills:
Nice to have
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Excellent leadership skills and ability to motivate others required
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High level of organization and ability to work under pressure is a must
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Proven project and client management skills preferred
If you want to be part of a team that helps make travel and culinary memories, join us!
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