Working Capital Manager

4 weeks ago


London, Greater London, United Kingdom myGwork Full time
This inclusive employer is a member of myGwork - the largest global platform for the LGBTQ+ business community.

We're the world's leading data, insights, and consulting company; we shape the brands of tomorrow by better understanding people everywhere.

Our Functions teams are right at the centre of our business, making sure we can always get better, every day. Supporting the business with things like Marketing, Human Resources, Finance, Legal and Technology, our Functions colleagues are skilled professionals whose role it is to ensure we continue to become an indispensable partner to brands everywhere.

Job Details

Why this job is important

Are you an experienced financial professional with a keen understanding of cash flow and working capital? Do you thrive in dynamic, fast-paced environments, ensuring financial success even in challenging circumstances? If so, we have an exciting opportunity for you to join our team as a Working Capital Manager for the European region at Kantar.

As the Working Capital Manager for Europe, you will be a crucial member of our finance team, reporting to the Regional Controller with a dotted line into the Group NWC Manager.

What you'll be doing
Accountability for Working Capital: You will be responsible for managing all trade and non-trade working capital positions, ensuring that Net Working Capital (NWC) remains neutral while sustaining a positive operating cash flow, even in the face of our growing revenues.Financial Reporting: Provide comprehensive monthly and ad hoc reporting and commentary on NWC balances and movements for management reporting across all countries and divisions.Payment Terms and Finance Solutions: Collaborate with the business on discussions regarding payment terms with clients, and provide support in assessing finance solutions.Cultivating a Cash-Aware Culture: Foster a cash-aware culture across Kantar through training, communications, policy setting, and the sharing of best practices.Process and System Development: Work closely with Regional, local, Shared Services, and the Group Net Working Capital Manager to develop processes and systems that align with Kantar's Global Working Capital Policy, promoting good working capital practices and insights.Targets Achievement: Be accountable for ensuring that the region and individual countries achieve their NWC targets as set by the organization.Collaboration and Support: Collaborate with the Group Net Working Capital Manager on month-end reporting, ad hoc reporting, commentary, and support any Working Capital projects across Europe.Continuous Improvement: Instil a culture of continuous improvement in the efficiency and effectiveness of resourcing, processes, and controls within the NWC function.Global Compliance: Ensure adherence to Global NWC rules and support the Group NWC Manager in identifying and driving opportunities to improve working capital through the cash forecasting process.
The skills & experience needed as European Net Working Capital Manager

Essential:
Proven experience with cash flow and working capital.Demonstrated expertise in financial management, working capital, and accounting.Confidence in managing challenging situations and conflicts, with the ability to reach resolutions.Excellent analytical skills and financial acumen.Accountability and commitment to follow through on commitments, even in challenging circumstances.Professional Qualification: Over 3 years of post-qualification experience.Qualified Accountant with a degree-level education.Proficiency in Microsoft Excel.Fluency in English.
Desirable:
Experience operating in a complex matrix environment, inspiring confidence centrally while collaborating effectively with local business units.Knowledge of factoring.Experience working in a similar industry or a project/contract-based organisation.
What's in it for you
Flexible hybrid workingCompetitive salary + bonusUp to 30 days holiday, 2 days paid for volunteering and 5 days for life event leave

Country

United Kingdom
Why join Kantar?

We shape the brands of tomorrow by better understanding people everywhere. By understanding people, we can understand what drives their decisions, actions, and aspirations on a global scale. And by amplifying our in-depth expertise of human understanding alongside ground-breaking technology, we can help brands find concrete insights that will help them succeed in our fast-paced, ever shifting world.

And because we know people, we like to make sure our own people are being looked after as well. Equality of opportunity for everyone is our highest priority and we support our colleagues to work in a way that supports their health and wellbeing. While we encourage teams to spend part of their working week in the office, we understand no one size fits all; our approach is flexible to ensure everybody feels included, accepted, and that we can win together. We're dedicated to creating an inclusive culture and value the diversity of our people, clients, suppliers and communities, and we encourage applications from all backgrounds and sections of society. Even if you feel like you're not an exact match, we'd love to receive your application and talk to you about this job or others at Kantar.

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