Head of Shared Services

Head of Shared Services
Unspecified

Europe, United Kingdom, Scotland, Glasgow

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Salary

Rank

Director

Responsibility

Head of SS/GBS

Scope

Regional

Workplace

100% in office

Functions

Finance

HR

IT

Reports to
Level

0

Travel Max:

0%

Posting Date

06-02-2024

Description

This individual will play a pivotal role in driving process improvements, fostering collaboration, and maximizing the value delivered by our finance operations.

Head of Shared Services

Key Responsibilities

Accounts Payable: Focus is on timely invoice processing and clearing to achieve first-time matching, closely collaborating with the Procurement Director and managing supplier expectations Conducting 12-weekly cash flow forecasting for payments and exercise control over upfront payments against credit limits.

Accounts Receivable: Collaboration with Commercial Teams ensuring understanding of contractual payment terms and WIP. Meeting the OTC cycle, collect retention’s, and provide analysis and weekly reporting of Aged Debt and cash collected for the Group. Ensuring existing processes are challenged to identify risk and drive a solutions driven approach.

Payroll: Oversee the management of the team to ensure accurate and timely processing of weekly/monthly payrolls for various employee categories. Ensure statutory obligations are met, ensuring compliance and governance controls are adhered.

Agile Leadership: Embrace agile principles and practices to foster a culture of collaboration, adaptability, and continuous improvement within the finance shared services team. Facilitate swarming sessions to encourage cross-functional collaboration and rapid problem-solving, ensuring timely resolution of issues and challenges.

Digital Transformation: Champion digital transformation initiatives within the finance shared services function, leveraging technology and automation to streamline processes and enhance efficiency. Identify opportunities to digitize manual tasks and implement digital tools and solutions to drive innovation and improve the overall effectiveness of finance operations.

Process Optimisation: Lead efforts to optimise Accounts Receivable, Payroll, and Accounts Payable processes, applying agile principles such as iterative development and feedback loops to drive continuous improvement. Implement lean practices to eliminate waste and inefficiencies, maximizing value delivery and enhancing the customer experience.

Performance Monitoring and Reporting: Establish agile metrics and KPIs to measure the performance of finance shared services functions, enabling data-driven decision-making and continuous improvement. Provide regular reporting on key metrics and performance trends, highlighting areas for optimization and opportunities for further digital transformation.

Vendor Management: Collaborate with external vendors and service providers to leverage their expertise and capabilities in support of finance shared services initiatives.

Qualification & Requirements

  • Proven experience in a leadership role overseeing finance shared services functions, with a strong track record of leveraging agile methodologies and driving digital transformation initiatives.
  • Deep understanding of agile principles and practices, with experience facilitating collaboration sessions and leading cross-functional teams in an agile environment.
  • Experience with digital transformation initiatives, including the implementation of digital tools, automation, and process optimisation strategies.
  • Strong analytical and problem-solving skills, with the ability to interpret data and metrics to drive informed decisions and continuous improvement.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior management.

Benefits

No Information Available

Company Profile

Unspecified
Industry

Construction

Revenue
Employees
Fortune 500 Rank

NA

Global 500 Rank

NA

View Company Profile