Head of Transactional Finance

7 months ago

Bedford, United Kingdom UTAC Full time

**Company Description**
UTAC is a market-leading international group in digital & sustainable mobility, customisable testing solutions, customisable testing systems, vehicle engineering, homologation, regulatory advice & expertise, certification, training, corporate events and classic & sportscars festivals.

The Group provides services and systems to customers in the various sectors: mobility, transport, tyre, petrochemical, agriculture and defence industries. UTAC operates test centres and laboratories in France (including the official Euro NCAP facility), the UK, USA, Finland, Morocco, and Germany; it has subsidiaries in China, Korea and Japan. UTAC employs around 1300 people across its various locations.

As a group we share a strong and clear vision to deliver safe and efficient solutions and systems to our customers. We are proud and confident in our heritage, our capabilities and our people and believe that by creating a culture where individuals feel they can make a difference and enjoy coming to work, we can deliver the best possible service to our customers.

Our core values of **Expertise, Innovation** and **Integrity** provide a clear daily guide to how we work together safely, as one team, helping each other to succeed.
- Managing both the Accounts Receivable and Payable functions. (5 Direct reports).
- The monitoring, maintaining and improvement of departmental KPIs, such as DSO, credit note analysis and invoices processed.
- To build and forecast weekly, the next 13 weeks receipts and payments.
- Review of monthly reconciliations.
- Organization of the team's resources over busy periods.
- Review of payment runs, and processing.
- Reviewing and improving departmental processes
- Lead weekly meetings with the teams, to review and uphold high standards.
- Providing reports to the business, as to their overdue customer debt, and existing issues with payments.
- Ensuring and planning the rotation of knowledge and experience through-out the team.
- Being a point of escalation for issues.
- Prepare and analyse periodic AP balances and vendor spend reports.
- Supporting key change initiatives and drive through continuous improvement.
- Providing other ad-hoc reporting to line managers and stakeholders.
- Act in accordance with the behaviours for UTAC staff at all times.

**Qualifications**
- Previous transactional experience, and ready to step up and manage a teaM/Function.
- Examples of continuous improvements.
- Knowledge of P2P and/or R2R processes and risks.

**Additional Information**
For you, as a potential UTAC team member, we believe that the international and diverse nature of our business combined with the passion, energy and friendliness of our people create a great place to work. UTAC is proud to be an equal opportunities employer, valuing inclusion and supporting our people to be themselves and at their very best.

By joining us you will gain access to a broad range of learning relevant to your role and personal development, as well as exposure to leading technologies and expertise.

Our reward and benefit programmes are designed to support our people with competitive and locally tailored packages combined with support for individual health and wellbeing both inside and outside of work.

In the UK this includes ;
- Life Cover
- Access to a wide range of discounts and offers via the Perkz reward scheme
- Recognition awards linked to our UTAC values of Expertise, Innovation and Integrity.
- Healthcare cashback plans
- Generous holiday benefits
- Contributory pension schemes
- Attractive family friendly policies; maternity, paternity, shared parental leave, flexible working.
- Access to a variety of employee assistance support services.

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