Description:
HEAD OF SHARED SERVICES
Finance
Accountable for maintaining quality, standards, service, and desired outputs within inter-related functional areas of responsibility. May be responsible for ensuring the adherence of others to a set framework of policies and procedures. This role will work with various concrete variables, requiring an understanding of the theory or practices underpinning interrelated functional processes within a multi-procedural environment.
Job Purpose
Reporting to the CFO, this role is responsible for the creation, development, and management of the Company's shared services function, supporting the business with transaction processing, financial controls, payments and collections. This role will also own and be responsible for working capital management. The role will therefore manage shared service KPI's as well as oversea, motivate, develop, and retain employees within the Accounts Receivable and Accounts Payable departments.
Key Accountabilities and Outputs
Shared Services Management
Shape and articulate the shared services strategy and proposition to all stakeholders
Design systems and reports to improve the efficiency and effectiveness of the shared services department.
Design, implement, and monitor standardised shared services policies and procedures across BevCo (including the procure to pay policy).
Identify risks, design, and implement appropriate financial controls and processes within the Accounts Receivable and Accounts Payable Departments.
Lead, manage and develop the Credit and Collections Manager and National Accounts Payable Manager, thereby enabling the Shared Services Department to deliver on its mandate.
Ensure that financial risks pertaining to Credit and Collections, Accounts Payable, and Working Capital are identified, assessed and managed
Ensure that functional business continuity plans are in place for the Shared Services Department.
Review audit findings and ensure adequate mitigation plans have been developed and implemented to resolve areas of concern.
Lead the digitization of key processes within the Shared Services department (in conjunction with IT)
Assist with the management of the financial covenant
Credit and Collections Management
Monitor and report on outstanding accounts and implement remedies to collect.
Govern credit extension by approving reviewing and approving credit applications.
Approve credit notes and investigate methods of reducing these over time.
Forecast collections and build relationships with the commercial and supply chain teams.
Manage projects aimed at minimizing back-end debt
Explore new methods of collecting cash within diverse markets
Accounts Payable and Vendor Management
Govern the review and release of supplier payments.
Build relationships with business functions and suppliers.
Manage projects aimed at minimizing back-end debt.
Build relationships with business