Back to search

Accounts Receivable Manager

London Permanent £44,825 - £50,158 per year View Job Description
The purpose of this Accounts Receivable Manager role is to provide strategic leadership and management to the Accounts Receivables area ensuring it meets key performance metrics such as error-free processing, efficient cash allocation and timely settlement of debtors, whilst providing high quality service to internal and external customers. This role is also responsible for developing and improving processes and controls in the function.
  • Save Job
  • Fantastic opportunity to work for a brilliant Government Agency
  • Permanent Position - London Based

About Our Client

The Medicines and Healthcare products Regulatory Agency enhance and improve the health of millions of people every day through the effective regulation of medicines and medical devices, underpinned by science and research.

The agency is made up of c.1350 staff working across two main sites and peripatetically across the UK and abroad.

The agency consists of Corporate, Partnerships, Delivery, governance, Communication & Engagement, Scientific Research & Innovation, Healthcare Quality & Access, Safety & Surveillance and Digital & Technology Groups.

Job Description

Key responsibilities of the Accounts Receivable Manager:

  • Act as a work stream lead for all O2C transactions, ensuring that the AR team function is operating efficiently and effectively, in accordance with the Agencies' Debt Management Strategy principles and that robust systems of control are in place
  • Focus on streamlining current collection processes and implementing changes in policies where necessary
  • Lead of and support any internal projects and process and system changes to improve the efficiency of the O2C process
  • Standardise and document O2C processes - develop and document all relevant processes and ensure there are standard operating procedures in place for all areas.
  • Review and implementation of new and existing O2C policies
  • Business Partner with a wide range of key stakeholders across all levels within the business to collectively monitor debt situation to reduce any old or disputed debts within the business
  • Manage monthly bad debt reporting ensuring all provisions are in line with current agreed policies and that they are fully explainable to Senior management
  • Manage the full Credit Control function across multiple business operating areas: Regularly meet with the businesses to ensure the function delivers support to the businesses, assess debtor profiles, and address any problematic accounts.
  • As an Accounts Receivable Manager you will manage, train, and develop current AR team (4+) and highlight critical business hires where necessary
  • Put in place targets and KPI's and monitor teams performance on ongoing basis
  • Understand and enforce standard operating procedures and ensure key performance indicators are achieved
  • Ensure that staff resources are used effectively and workloads managed
  • Provide leadership, direction and motivation to the team
  • Manage the relationship and output of the agency's debt collections agencies.
  • Lead month-end close activities for the receivable's ledger, ensuring the ledger is closed and reconciled to timetable.
  • Prepare the year-end transactions schedules for the purposes of external audit and to be the first point of contact in the team for auditor's queries.
  • Any other related responsibility assigned by management from time to time.

The Successful Applicant

The Successful Applicant:

Will have substantial experience of leading Financial Transactions teams with a demonstrable track record of managing change and improving performance through technical know-how and analytical skills

Proven leadership and management skills coupled with excellent interpersonal skills to deliver complex and sensitive information to various stakeholder groups.

Strong financial management skills and ability to question shortcomings and seek operational enhancements.

Experience of delivering change across complex organisations and diverse teams.

They will also be able to demonstrate how they meet the following criteria:

Leadership: A flexible and adaptable leader with the ability to lead through change, drive new and complex pieces of work and deliver to a high standard at pace. A creative problem solver, who is capable of innovating to overcome barriers to progression whilst maintaining strong compliance.

Leadership: Demonstrable ability to engage and motivate remote teams while keeping them focused on high standards and delivery.

Communicating and Influencing: Highly developed interpersonal and influencing skills, good knowledge and understanding of Finance and wider Agency's priorities. The knowledge and experience to confidently navigate sensitive and complex issues allied to an ability to build excellent relationships and networks with key stakeholders across organisational boundaries as well as external parties, taking a collaborative approach.

Changing and Improving: Always look for better ways of doing things and continuously drive process efficiencies and improvements across finance systems and processes.

Seeing the Big Picture: An innovative and strategic thinker who can project their own ideas and challenge established ways of working. Able to identify and consider relevant external and internal factors and the implication of these on the area of responsibility.

Managing a Quality Service: Have keen eyes for detail and put in place the necessary processes and systems fixes to ensure efficient service delivery. Anticipate, identify and address any risks or problems before they occur.

If you would like to find out more about this fantastic opportunity, please click here to read the Job Description and Person Specification. 

APPLICATION PROCESS

We use the Civil Service Success Profiles to assess our candidates, find out more here. 

As part of the application process, you will be required to provide:

A personal statement of no more than 500 words attached to your CV that explains how your skills and experience meet each of the 'Behaviour' and 'Experience' and 'Technical' criteria as listed in the job pack.

Closing date: 20th November 2024 at 11:55pm

Shortlisting date: 25nd November 2024

Interview date: From the 2nd of December 2024

All dates are indicative and subject to change. Feedback will only be provided if you attend an interview or assessment.

Candidates will be subject to UK immigration requirements as well as Civil Service nationality rules. Further information on whether you are able to apply is available here. 

Successful candidates must pass a disclosure and barring security check as well as animal rights and pro-life activism checks. People working with government assets must complete basic personnel security standard checks.

Applicants who are successful at interview will be, as part of pre-employment screening subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant's details held on the IFD will be refused employment. A candidate is not eligible to apply for a role within the Civil Service if the application is made within a 5 year period following a dismissal for carrying out internal fraud against government.

Successful candidates may be subject to annual Occupational Health reviews dependent on role requirements. If you have any queries, please contact

 

What's on Offer

What's on offer 

A starting salary of £44,825 plus an excellent benefits package, including the opportunity to join the civil service pension scheme.

This is a full-time opportunity, on a permanent basis. The role will be based in 10 South Colonnade, Canary Wharf London, E14 4PU. Please be aware that this role can only be worked in the UK and not overseas.

Government departments and agencies are working towards implementing a minimum 60% attendance in office sites.

We are currently implementing a flexible, hybrid way of working, with a minimum of 8 days per month working on site to enable the collaboration and contact with partners and stakeholders needed to deliver MHRA business.

Attendance on site is driven by business needs so depending on the nature of the role, this can flex up to 12 days a month, with the remainder of time worked either remotely or in the office. Some roles will need to be on site more regularly.

Contact
Ashleigh Lygon
Quote job ref
JN-112024-6582064
Phone number
+44 207 269 2132

Job summary

Job function
Accounting
Subsector
Part Qualified
Sector
Public Sector
Location
London
Contract type
Permanent
Consultant name
Ashleigh Lygon
Consultant phone
+44 207 269 2132
Job reference
JN-112024-6582064