Cash Operations Manager

Cash Operations Manager

This team member will report to the Global Cash application Manager. Responsible for leading various Cash application, Cash operations and Cash accounting / Reconciliation activities within the LSEG Finance Services Operations function. The role is focused on various duties including liquidity management of Group bank accounts via settlement of intercompany invoices, coordination, and/or approval of internal and external payments, support other functions in LSEG by responding to audit queries, payment queries etc. across the regions working with leads. LSEG being a dynamic and evolving organization, with the opportunity to support projects and adhoc activities, as required by the business.

Primary Responsibilities:

Efficient daily cash management and cash positioning, working closely with Finance Services Operations and other key collaborators.

Efficient and timely payment approvals in the banking platform used by LSEG in the different regions.

Ensure compliance with controls and processes

Ensure all entries are accurately posted by team in the financial accounting system promptly, to assist with the swift reconciliation of bank statements.

Improve auto matching capabilities for robust cash application for real time cash reporting. Implement AI Cash tool with Oracle Fusion to increase auto matching rates.

Lead talent in an open environment! Promote diversity through active team engagement. Develop team to improve on timelier and effective critical issues, to be initiative-taking, problem solvers.

Monitor Daily Statement Uploads into SAP / Oracle are complete.

Prepare GL journal files for Fin Rep to review, load and approve/post.

Leading bank migrations project & new initiatives globally working with Treasury & Other key partners

Follow up on unresolved postings from AP, Treasury, GA & Credit Control

Leading Direct Debit Process across banks

Support the finance teams where volumes are high/resolution complex to ensure group important metric targets and management reporting goals are met.

Ad hoc reporting and requests from Group and/or local finance as require

Essential Skills:

Good understanding of controls related to activities performed.

Technical skills, including proficiency in PowerPoint & Power BI tool.

Excellent communication (written and verbal), analytical, critical thinking, and social skills.

Good teammate and collaborative within the team and with other collaborators within the business.

Qualifications

Bachelor/Master/MBA degree in finance, accounting, business work experience.

10 to 12 years work experience in – AR / AP / R2R

Cash Application / Treasury or banking field preferred.

Managed AR / AP and R2R teams in a large organization.

Understanding of accounting concepts and principles.

Knowledge and experience of reconciliation processes and implementation of financial controls in operation

Career Stage:

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

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