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R2R Global Banking and Cash Application Manager

  • Job
    Full-time
    Expert Level
  • Accounting & Tax
    Banking & Finance
  • Manila
  • Quick Apply

AI generated summary

  • You must have a Bachelor's in Accounting, 10+ years in Treasury/Banking, 5+ years managing teams, strong Excel and GAAP skills, and experience with enterprise systems. CI, RPA, or AI knowledge preferred.
  • You will manage banking relationships, oversee cash reconciliation and compliance, optimize cash management processes, and lead ERP migration efforts.

Requirements

  • Must have a Bachelor’s degree in Accounting
  • Minimum of 5 years managerial experience. (people management exp, but at least role must be in manager-level)
  • At least 10 years of related work experience (most importantly in the areas of Treasury/Banking)
  • Bank Reconciliations, Cash management, Cash Accrual, Holiday Accrual, VAT returns, Escheatment, Payroll Accounting, Postage and Handling cost calculation, Submission of statutory declarations, Sales & Use tax reporting , Balance Sheet Reconciliations, i-Expense booking, TB analysis, Provision booking , AR Ageing , Suspense Clearing, Hyperion/CFR, Management Reporting, Project accounting, Headcount Reporting, Benefit Allocations, HFM/CFR Upload and revaluations
  • GAAP, Operations systems, Fulfillment systems, accounting systems, Excel, Outlook, Word
  • Excellent Excel skills. Experience with major enterprise accounting systems such as Oracle, Fusion, SAP
  • Experienced to operate in a tight SOX / business control environment
  • Experienced in operating in a large multinational company with multiple stakeholder interactions such as Centres of Expertise, Business Decision Support Teams and Treasury.
  • Experienced in managing large teams to excellence
  • Good English communication skills required.
  • Very good knowledge and practical experience in implementing CI initiatives. Blackbelt preferred
  • Experience in Transformation, RPA or AI is preferred

Responsibilities

  • Build and maintain Local and International banking relationships with all the company's bank partners and key functional groups such as Treasury, Procure to Pay, Record to Report, Tax and Compliance.
  • Review and provide approval for all the Cash Reconciliation of specific assigned accounts, trial balance and manual journal entries.
  • Managing Cash Related SOX and other compliance procedures of the organization in co-operation with Group Finance, Treasury and other FinOps team.
  • Full ownership of controls in Cash Application and Banking which include Bank Mandate tracking, user access in banks and set up in different cash management tool.
  • Oversee all integrations in Cash Management with Amazon, Credit Card providers, PayPal, Stripe, AR/Fulfilment systems etc.
  • Maintain appropriate segregation between Cash management (payments and allocation of receipts), reconciliations and GL accounting.
  • Bank Administrator on bank accounts used all entities.
  • Oversee ICD and Cash Application processes and ensure timely application of unapplied customer receipts.
  • R2R Global Banking Manager is expected to lead and support the migration/implementation of the new ERP system (FUSION). The Manager is also expected to work with different BU’s in harmonizing the processes under his/her remit.
  • Drive optimization of bank accounts across all RELX divisions once migrated into a single Cash Management platform in Fusion.

FAQs

What qualifications are required for the R2R Global Banking and Cash Application Manager position?

A Bachelor’s degree in Accounting is required, along with a minimum of 5 years of managerial experience and at least 10 years of related work experience in Treasury and Banking.

Is experience with enterprise accounting systems necessary for this role?

Yes, experience with major enterprise accounting systems such as Oracle, Fusion, and SAP is necessary, as well as excellent Excel skills.

Will the manager be responsible for managing compliance procedures?

Yes, the R2R Global Banking and Cash Application Manager will manage Cash Related SOX and other compliance procedures in cooperation with Group Finance and other FinOps teams.

What kind of banking relationships will the manager need to maintain?

The manager will need to build and maintain local and international banking relationships with all the company's bank partners and key functional groups.

Is this position only focused on cash management?

No, the role involves overseeing cash application processes, managing bank reconciliations, and ensuring appropriate segregation between cash management activities, reconciliations, and GL accounting.

Will there be opportunities for process optimization in this role?

Yes, the manager is expected to drive optimization of bank accounts across all RELX divisions once migrated into a single Cash Management platform in Fusion.

What skills are important for managing a large team in this position?

Experience in managing large teams effectively, strong communication skills in English, and the ability to operate in a tight control environment are important for this role.

Is experience in transformation, RPA, or AI preferred?

Yes, experience in transformation initiatives, robotic process automation (RPA), or artificial intelligence (AI) is preferred for this role.

What should applicants do if they require accommodations during the hiring process?

Applicants who need accommodations should complete the Applicant Request Support Form or contact 1-855-833-5120 for assistance.

Will the manager be involved in the migration of a new ERP system?

Yes, the R2R Global Banking Manager is expected to lead and support the migration and implementation of the new ERP system (FUSION).

A global provider of information-based analytics for professional and business customers across industries.

Technology
Industry
10,001+
Employees
1880
Founded Year

Mission & Purpose

RELX is a global provider of information-based analytics for professional and business customers across industries. We help scientists make new discoveries, doctors and nurses improve the lives of patients and lawyers win cases. We prevent online fraud and money laundering, and help insurance companies evaluate and predict risk. Our events enable customers to learn about markets, source products and complete transactions. In short, we enable our customers to make better decisions, get better results and be more productive. We do this by leveraging a deep understanding of our customers to create innovative solutions which combine content and data with analytics and technology in global platforms. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. We operate in four major market segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. Please note that RELX does not contact people through social media and offer them jobs or contracts. Please contact your local law enforcement agency if you have been victimized by a scammer. For careers, access https://www.relx.com/careers/why-relx