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- Tasks: Join a project team to implement Oracle Fusion ERP for Next Finance, focusing on payment workflows.
- Company: Next is a leading FTSE-100 retail company with over 35,000 employees and a global online presence.
- Benefits: Enjoy 25% off products, performance bonuses, on-site nursery, and fantastic discounts.
- Why this job: Be part of a dynamic team shaping finance processes in a top fashion retailer with a global impact.
- Qualifications: Experience in Accounts Payable, Cash Management, and familiarity with ISO 20022 standards preferred.
- Other info: Flexible workplace adjustments available; apply via our website.
The predicted salary is between 43200 - 72000 £ per year.
About us
You know Next, but did you know we’re a FTSE-100 retail company employing over 35,000 people across the UK and Ireland. We’re the UK’s 2nd largest fashion retailer and for Kidswear we’re the market leader. At the last count we have over 500 stores, plus the Next Online and it’s now possible to buy on-line from over 70 countries around the world! So we’ve gone global!
Do you want to be a key member of the team shaping the future of Next Finance?
We are looking for individuals who are prepared to challenge existing ways of working, embrace change & have a creative mind for problem solving. Is that you?
About the role
You will join a project team to assist with implementing the Oracle Fusion ERP system into NEXT Finance, initially replacing AP, AR and GL.
This role is responsible for designing how payment outflows will be managed within the Oracle finance system, ensuring robust processes and controls are in place. You will lead the design and implementation of payment workflows that are fully compliant with ISO 20022 standards, while aligning with best practices and internal control requirements. You will work closely with cross-functional teams to define TO-BE processes, mitigate risks, and ensure the solution meets both regulatory and operational needs.
Your role
Key responsibilities include:
- Making and documenting design decisions in line with project scope
- Completing business process design documents, configuration workbooks, and process flows
- Supporting business impact assessments
- Preparing and reviewing integration design documents
- Collaborating with the Data Migration and Reporting teams
- Contributing to test planning, scripting, and execution
- Coordinating with Change Management and Business Adoption teams, including input into user training materials and the training plan
- Participating in cutover planning and execution
- Providing warranty support post-implementation
You’ll also be responsible for identifying and highlighting potential risks, ensuring that appropriate controls are in place to mitigate them.
You will also collaborate with several teams, including:
- Existing Finance, Banking, and other relevant business teams to understand the current setup and support the transition to the new Oracle system, ensuring the most appropriate payment solutions are implemented with all necessary controls in place.
- Testing team to develop test scripts and support comprehensive regression testing.
- Training team to ensure appropriate training materials are developed and delivered to all relevant users.
- Cash Management and Accounts Payable leads to stay aligned on current decisions and identify outstanding requirements.
About you
- Good understanding of Accounts Payable, Cash Management and Payment processes
- Understanding of relevant banking standards is preferable e.g. ISO 20022
- Experience of implementing change in areas with a focus on controls and automation
- Experience with another large ERP systems is desirable, preferably Oracle Fusion
- Ability to self manage, methodical with strong organisational skills ensuring multiple tasks can run in parallel
- Excellent attention to detail
- Excellent verbal and written communication skills
- Ability to work to tight deadlines and escalate issues in an appropriate and timely manner
- Strong analytical and problem-solving abilities
- Excel, Powerpoint and/or Google Presentation skills
Benefits
- 25% off most NEXT, MADE*, Lipsy*, Gap* and Victoria\’s Secret* products (*when purchased through NEXT)
- Company performance based bonus
- Share save scheme
- On-site Nursery available; OFSTED outstanding in all areas
- 10% off most partner brands & up to 15% off Branded Beauty
- Early VIP access to sale stock
- Access to fantastic discounts at our Staff Shops
- Restaurants with great food at amazing prices
- Access a digital GP and other free health and wellbeing services
- Free on-site parking
- Financial Wellbeing – Save, track and enhance your financial wellbeing
- Apprenticeship – Grow and develop on the job whilst gaining a qualification
- Direct to Work – Discount online and instore, collect your items the next day for free from your place of work or local store
- Support Networks – Access to Network Groups to empower and celebrate each other
- Wellhub – Discounted flexible monthly gym memberships, with apps, PT sessions and more
Conditions apply to all benefits. These benefits are discretionary and subject to change.
We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email headoffice_careers@next.co.uk (please include \’Workplace Adjustments\’ in the subject line), or call us on 0116 284 2486 and leave a voicemail.
For further information, and to apply, please visit our website via the “Apply” button below.
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Payments Lead (Oracle) employer: Next Plc
Contact Detail:
Next Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payments Lead (Oracle)
✨Tip Number 1
Familiarise yourself with Oracle Fusion ERP and its payment processes. Understanding how this system operates will give you a significant edge during interviews, as you'll be able to discuss specific functionalities and how they relate to the role.
✨Tip Number 2
Network with current or former employees of Next, especially those in finance or IT roles. They can provide insights into the company culture and expectations, which can help you tailor your approach when discussing your fit for the Payments Lead position.
✨Tip Number 3
Brush up on ISO 20022 standards and their application in payment workflows. Being able to demonstrate your knowledge of these standards will show that you're prepared to ensure compliance and implement best practices in your role.
✨Tip Number 4
Prepare to discuss your experience with change management and process automation. Highlighting specific examples where you've successfully implemented changes in similar environments will showcase your ability to lead the design and implementation of payment workflows.
We think you need these skills to ace Payments Lead (Oracle)
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Payments Lead position. Understand the key responsibilities and required skills, especially around Oracle Fusion ERP systems and payment processes.
Tailor Your CV: Customise your CV to highlight relevant experience in Accounts Payable, Cash Management, and any previous work with ERP systems, particularly Oracle. Use specific examples that demonstrate your problem-solving abilities and attention to detail.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with the company's needs. Mention your experience with ISO 20022 standards and your ability to implement change effectively.
Highlight Team Collaboration Skills: In your application, emphasise your experience working with cross-functional teams. Provide examples of how you've successfully collaborated with different departments to achieve project goals, as this is crucial for the role.
How to prepare for a job interview at Next Plc
✨Understand the Role
Make sure you have a solid grasp of the Payments Lead position and its responsibilities. Familiarise yourself with Oracle Fusion ERP and ISO 20022 standards, as these will be crucial in your discussions.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've successfully implemented change in previous roles, particularly focusing on controls and automation. Highlight your analytical abilities and how they can benefit the team at Next.
✨Communicate Effectively
Practice articulating your thoughts clearly and concisely. Given the importance of collaboration with cross-functional teams, demonstrate your excellent verbal and written communication skills during the interview.
✨Prepare for Scenario Questions
Anticipate questions that may involve real-life scenarios related to payment processes and risk management. Be ready to discuss how you would approach these situations, showcasing your methodical and organised nature.
