Transactions Manager OTC

If you are ambitious self-motivated hardworking and a team player and interested in growing your career with an International FMCG business please read through our job opportunity.Key Responsibilities:Lead mentor and develop the Transactions Specialists and Associates and through them the initiatives with our customers to drive the Transactional Finance KPIs and process improvements within Order To Cash as per benchmarks agreed with the Head of Financial Shared Service TransactionsManages the OTC processes efficiently and effectively in line with Credit Policy ensuring bottlenecks are addressed and work appropriately balanced to reduce financial risk lower costs and enable continuous efficiency and operational excellenceBuild strong relationships with customers to ensure timely collection of debtsCreate and maintain solid partnership with commercial teams and divisional finance director manage periodic collaborative reviews of aged debt debt escalate and provide supporting information to highlight significant disputes or issues including non-compliance to internal policiesPeriodic review of the Group Credit risk ensure in line with Group and divisions Financial Authority Matrices. Work closely with Treasury and FDs to control that is being followedWork closely with Cash and bank transactions team to manage customers in ID facility and ensure periodic reconciliations are performedEvaluate options to mitigate the bad debt risks whilst keeping cost effective i.e. negotiation with Credit insurance and Credit rating agenciesDevelop and and Manage adherence to Key Group Policies:Group Credit Policy including Customers Credit Limits and Payment terms approvals as per DOAGroup Credit Insurance PolicyCustomers Bad debt/Doubtful debt provisionsCredit Notes provisionsCommercial agreements accruals and releasesIdentify areas of further standardisation and automation opportunities within OTC process including disputes management. Cash allocation Credit management and collections- review requirements and ensure aligned with SAP 4/Hannah functionalities to ensure compatibilityEnsure adequate Controls are in place across OTC to mitigate Financial Operational Anti-bribery Fraud and Reputational risksTechnical Competencies & Qualifications:Proven experience of strong leadership skills with the ability to motivate others in a Shared Service environment preferably within FMCGExcellent relational skills building relationships resulting in strong relationships with internal customers/stakeholders who view them as a trusted partnerStrong knowledge of end to end OTC activities and best practices including billing collections and cash applicationCredit Management experience including customers credit risks assessments and management of Receivables through Credit insuranceSAP experience essential SAP 4/Hannah preferrableGood awareness of all statutory legal and fiscal regulations which affect processes / policies in functional area (local and international)Privacy Statement: We will use the personal information that you have submitted to us in order to consider your application for the relevant role. Your privacy is important to us. Please check our Job Applicant Privacy Notice on our career opportunities page which explains the purposes for which we will use your personal information and the ways in which we will handle and retain your information. It also explains the rights you have in relation to your information and how to contact us with any queries or requests.Required Experience:Manager Key Skills Restaurant Experience,Customer Service,Employee Evaluation,Management Experience,Math,Employment & Labor Law,Sanitation,Leadership Experience,P&L Management,Mentoring,Supervising Experience,Restaurant Management Employment Type : Full-Time Experience: years Vacancy: 1