At a Glance
- Tasks: Manage the Order-to-Cash process and lead a dynamic team to ensure smooth operations.
- Company: Join Condé Nast, a global media powerhouse known for its award-winning content.
- Benefits: Enjoy 25 days holiday, private healthcare, remote work options, and wellness support.
- Other info: Be part of a dog-friendly office with great career growth opportunities.
- Why this job: Make an impact in a creative environment while developing your leadership skills.
- Qualifications: Experience in Accounts Receivable and strong communication skills are essential.
The predicted salary is between 55000 - 65000 £ per year.
About the Role
Condé Nast is a global media company producing award-winning content across print, digital, video and social platforms.
Core Responsibilities
- Deliver high-quality, controlled Accounts Receivable services for the local market business.
- Coordinate month-end close activities related to the OTC process, including revenue accrual and deferred revenue, in collaboration with the Controlling Ops team.
- Coordinate with billing, AR and sales teams to ensure adjustments to discrepancies, revenue recognition, contract discounting, campaign flight changes or customer revisions are processed in a timely and accurate manner.
- Support the monthly close and account reconciliation process.
- Lead cash-collection activities such as following up on past-due accounts and referring accounts to collection agencies to improve DSO.
- Analyse and resolve media billing discrepancies, selecting appropriate actions to secure client payment.
- Act as the key contact for the local market business on all O2C-related matters, engaging with the Bangalore team and other stakeholders for timely issue resolution.
- Serve as the primary point of contact for escalated inquiries, working cross-functionally with internal partners.
- Provide monthly billing & AR metrics reporting as set by Global/Regional Corporate teams.
Leadership & Management
- Lead the local OTC team, ensuring timely and accurate invoicing of all billing, including print, digital, ancillary and programmatic media.
- Manage direct staff based in the local market (OTC Coordinators in London) and oversee the remote billing team’s day-to-day operations, workflow and local-market collections activities.
Process Improvement
- Actively participate in identification and delivery of process-improvement projects for the global and local market AR, creating value-added operational efficiency and improved controls.
- Surface potential growth, continuous improvements and standardisation across billing and AR teams.
- Manage and train the Billing team with regression testing – system integration of new products, services, tools and technologies into existing operations.
Credit Management
- Establish credit policies – evaluate and authorise credit limits/actions, e.g. prepayment.
- Review and monitor customer payment histories and credit limits.
Required Qualifications
- Deep understanding of the end-to-end Order-to-Cash process, including order processing, invoicing, billing, collections and cash application.
- Strong experience at a managerial level within an Accounts Receivable role covering invoicing.
- Strong verbal and written communication skills to interact with customers, internal stakeholders and cross-functional teams.
- Strong working knowledge of Excel, including pivot tables and VLOOKUPs.
- Familiarity with OTC-related software, ERP systems, CRM tools and other technologies used to manage orders, invoicing and collections.
- Proficiency in using data analytics to identify trends, spot anomalies and make data-driven decisions for process optimisation and performance improvement.
- Ability to build and maintain positive relationships with customers, sales teams, finance and other departments involved in the OTC process.
- Understanding of financial principles such as revenue recognition, credit risk assessment and working capital management.
- Knowledge of relevant regulations, internal controls and risk mitigation strategies related to the OTC process.
- Ability to prioritise tasks, meet deadlines and effectively manage time and resources.
- Experience in multi-site/location accounts receivable/credit control – advantageous.
- Strong revenue recognition and accounting experience, using revenue recognition rules.
- Demonstrable experience developing and leading geographically dispersed teams effectively.
- Experience in a process-driven environment.
Benefits
- 25 days holiday (plus bank holidays) and extra days of annual leave if you move house or want to volunteer.
- You’ll have access to a competitive pension scheme, Bupa Private Healthcare, season-ticket loans and eye tests.
- We offer a range of tools to support your wellbeing, including core hours, 10 remote days (from home or a country with a Condé Nast office location), an Employee Assistance Programme, a corporate gym membership and a cycle-to-work scheme.
- We’re a dog-friendly office, and you’ll enjoy discounts and magazine subscriptions.
EEO Statement
Condé Nast is an equal opportunity employer. We evaluate qualified applicants without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, age, familial status or other legally protected characteristics.
Order to Cash Manager in City of Westminster employer: Conde Nast
Condé Nast is an exceptional employer that fosters a dynamic and inclusive work culture, offering employees the chance to thrive in a creative environment. With generous benefits such as 25 days of holiday, private healthcare, and opportunities for remote work, employees are supported in achieving a healthy work-life balance while also benefiting from professional growth through process improvement initiatives and team leadership roles. Located in London, the company not only values employee wellbeing but also promotes a collaborative atmosphere where innovation and excellence are at the forefront of its operations.
StudySmarter Expert Advice🤫
We think this is how you could land Order to Cash Manager in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and the role inside out. We recommend practising common interview questions and even doing mock interviews with friends. The more prepared you are, the more confident you’ll feel when it’s time to shine!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It’s a simple gesture that keeps you on their radar and shows you’re genuinely interested in joining their team.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you along the way, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Order to Cash Manager in City of Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Order to Cash Manager role. Highlight your experience in Accounts Receivable and any managerial roles you've held. We want to see how your skills match up with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit. We love seeing genuine enthusiasm, so let your personality come through!
Showcase Your Skills:Don’t forget to highlight your Excel skills and familiarity with OTC-related software. Mention specific tools you've used and how they’ve helped you in previous roles. We’re keen on data-driven decision-making, so any examples you can provide will be a bonus!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re proactive and really interested in joining our team!
How to prepare for a job interview at Conde Nast
✨Know Your OTC Process Inside Out
Make sure you have a solid grasp of the end-to-end Order-to-Cash process. Brush up on your knowledge of invoicing, collections, and cash application, as you'll likely be asked to explain how these elements work together during the interview.
✨Showcase Your Leadership Skills
Since this role involves managing a team, be prepared to discuss your leadership style and experiences. Think of specific examples where you've successfully led a team or improved processes, and be ready to share how you can motivate and manage a geographically dispersed team.
✨Prepare for Technical Questions
Familiarise yourself with relevant software and tools like ERP systems and data analytics. You might be asked about your experience with Excel functions like pivot tables and VLOOKUPs, so practice explaining how you've used these in past roles to drive efficiency.
✨Build Relationships with Stakeholders
This role requires strong communication skills, so think about how you've built relationships with customers and internal teams in the past. Be ready to discuss how you handle escalated inquiries and ensure timely issue resolution, as this will demonstrate your ability to collaborate effectively.
