Financial Analyst - OTC Coordinator
Financial Analyst - OTC Coordinator

Financial Analyst - OTC Coordinator

London Full-Time No home office possible
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At a Glance

  • Tasks: Join the OTC team to manage the Order to Cash process and ensure timely invoice collection.
  • Company: Be part of a dynamic finance team in a leading market, driving financial excellence.
  • Benefits: Enjoy competitive pay, flexible working days, and the chance to develop your finance skills.
  • Why this job: This role offers hands-on experience in finance, collaboration with diverse teams, and impactful client interactions.
  • Qualifications: Strong understanding of the Order to Cash cycle and proficiency in Excel and ERP systems required.
  • Other info: Immediate start available for a 3-month contract, working 4 days a week on-site.

Job Description

Financial Analyst – OTC Coordinator

  • 3 months initially
  • Immediate start required
  • 4 days per week on site in Waterloo
  • £150-£170 per day Inside IR35

The Role

The Local Market Controllership team will take responsibility and ownership for all controllership matters, led by the market Controller, who will be a key member of the local market finance team. The Local Market Controllership team is expected to be both industry knowledge experts and finance professionals, liaising across a number of internal and external stakeholders. There will be strong collaboration and partnership with the Controlling Operations team, based in Bangalore, who will provide a high level of service to the local market by recording transactions across a number of finance processes, thereby acting as the 'customer' of the Controlling Operations . Although the offshore team will not report directly to the Local Market, there will be strong influence, support and oversight from the Local Market Controller and the controllership team to ensure accurate and timely reporting.

The role of the OTC Coordinator is particularly important and exciting as the individual will be part of the OTC team reporting to the Market Controller, supporting the OTC Lead responsible for the full end to end process of Order to Cash, right from Contract origination, having direct contact with the Sales and Strategy teams. The OTC Coordinator will have a key role in delivering cash targets and as such will be required to build strong relationships with Customers, working with a broad client base to ensure timely invoice collection.

Keys skills

  • Thorough understanding of the end to end Order to Cash cycle, encompassing invoicing, collections and cash applications
  • Strong written and verbal communication skills, including active listening for alerting customers of non-payment, determining reasons for non-payment and explaining payment options in simple terms
  • Diplomacy for discussing sensitive matters tactfully
  • Negotiation skills for convincing customers to meet their financial commitments
  • Conflict resolution for calming hostile non-paying customers
  • Bookkeeping and numeracy for determining outstanding payments and appropriate payment instalments
  • Intermediate to Advanced Excel skills
  • Proficient in ERP systems (eg SAP, Oracle Workday, or similar)
  • Ability to work autonomously and collaboratively in a busy
  • Sound knowledge of financial regulations and practices.
  • Significant experience within an Accounts Receivable role/Proven experience and understanding of AR (billing, allocating cash and chasing)

Financial Analyst - OTC Coordinator employer: Investigo Change Solutions

As a Financial Analyst - OTC Coordinator, you will thrive in a dynamic and collaborative work environment located in the vibrant area of Waterloo. Our company prioritises employee growth through continuous learning opportunities and fosters a supportive culture that values teamwork and innovation. With competitive daily rates and a focus on work-life balance, we offer a rewarding experience for those looking to make a meaningful impact in finance.
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Contact Detail:

Investigo Change Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Analyst - OTC Coordinator

✨Tip Number 1

Familiarise yourself with the Order to Cash (OTC) cycle. Understanding each step, from contract origination to cash application, will help you demonstrate your expertise during interviews and discussions with potential employers.

✨Tip Number 2

Brush up on your negotiation and conflict resolution skills. Being able to effectively communicate and resolve issues with customers is crucial for this role, so consider role-playing scenarios or seeking feedback from peers.

✨Tip Number 3

Network with professionals in the finance and accounts receivable sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at companies like us.

✨Tip Number 4

Gain proficiency in ERP systems such as SAP or Oracle Workday. If you haven't worked with these before, consider taking online courses or tutorials to boost your skills, making you a more attractive candidate for the role.

We think you need these skills to ace Financial Analyst - OTC Coordinator

Understanding of Order to Cash cycle
Invoicing and collections expertise
Strong written and verbal communication skills
Active listening skills
Diplomacy in sensitive discussions
Negotiation skills
Conflict resolution abilities
Bookkeeping and numeracy skills
Intermediate to Advanced Excel skills
Proficiency in ERP systems (e.g., SAP, Oracle Workday)
Ability to work autonomously and collaboratively
Knowledge of financial regulations and practices
Significant experience in Accounts Receivable
Understanding of billing and cash allocation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in Accounts Receivable and the Order to Cash cycle. Use specific examples that demonstrate your skills in invoicing, collections, and cash applications.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with the key skills mentioned in the job description. Emphasise your communication and negotiation skills, as well as your ability to build relationships with customers.

Highlight Technical Skills: Since the role requires proficiency in ERP systems and Excel, make sure to mention any relevant software experience. Include specific examples of how you've used these tools in previous roles to improve processes or outcomes.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Financial Analyst role.

How to prepare for a job interview at Investigo Change Solutions

✨Understand the Order to Cash Cycle

Make sure you have a solid grasp of the end-to-end Order to Cash process. Be prepared to discuss your experience with invoicing, collections, and cash applications, as this will be crucial for the role.

✨Showcase Your Communication Skills

Since strong written and verbal communication skills are essential, practice explaining complex financial concepts in simple terms. You might be asked how you would handle a non-paying customer, so think about your approach to active listening and diplomacy.

✨Demonstrate Conflict Resolution Abilities

Prepare examples of how you've successfully managed difficult conversations or resolved conflicts in previous roles. This will show your potential employer that you can handle sensitive matters tactfully and effectively.

✨Highlight Your Technical Proficiency

Be ready to discuss your experience with ERP systems like SAP or Oracle Workday, as well as your Excel skills. Consider bringing examples of how you've used these tools to improve processes or solve problems in your past roles.

Financial Analyst - OTC Coordinator
Investigo Change Solutions
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