Responsible for iDirect Group cashflow management. Lead the Financial Operations teams, Accounts Receivable/Billing, Accounts Payable and Payroll, empowering them to oversee the end-to-end financial process related to these roles. With a strategic mindset, define and lead upgrading of systems and tools for these teams, seeking operational efficiency and compliance with ST Engineering Group policies.

Reporting Relationships :

• This position reports to the Chief Financial Officer, iDirect
• The individual would interact with customers/vendors and colleagues across various departments

• Managing a team :
  • Three direct reports AR/Billing, AP, Payroll and their teams
  • Empower, coach and develop team to seek continuous improvement opportunities
• Cash Flow Management:
  • Monitor and track short-term weekly / monthly liquidity
  • Robust 12-month rolling cash forecasting
• Collections:
  • Develop and implement effective collection strategies to minimize outstanding balances
  • Monitor accounts receivable aging and take necessary actions to improve cash flow
  • Collaborate with sales and customer service teams to address client inquiries related to invoices and payments
  • Resolve disputes and negotiate payment terms when necessary
• Billing and Invoicing :
  • Build the internal billing process team to manage the billing process, ensuring accurate and timely invoicing to customers
  • Oversee the creation and distribution of invoices, credit memos, and statements
• Vendor Payments and Invoice Processing :
  • Supervise the processing of vendor invoices, purchase orders, and expense reports
  • Verify accuracy, proper coding, and adherence to company policies
  • Implement efficient payment processes, including check runs, ACH transfers, and wire payments
• Payroll:
  • Ensure timely and accurate payroll processing
  • Enforce all payroll policies and processes, approving exceptions as appropriate
  • Maintain tight audit and reconciliations of all payroll runs
• AR/AP Reporting :
  • Prepare regular reports on accounts receivable and accounts payable status, including aging reports and collection metrics
  • Analyze trends and identify areas for improvement
• Process Optimization :
  • Streamline AR, AP, Payroll processes, enhance automation, and reduce manual efforts
  • Ensure compliance with accounting standards and internal controls
• Internal Controls and Compliance :
  • Establish and enforce internal controls to prevent fraud or errors

Ensure compliance with tax regulations and company policies

Required Experience, Qualifications and Skills

• Bachelors degree in Accountancy or Finance
• At least 10 years of proven relevant experience in cashflow management, accounts receivable management, financial planning and analysis, financial modelling or similar roles
• Strong analytical skills and attention to detail
• Excellent communication and negotiation abilities
• Proficient in Microsoft Excel and familiarity with accounting software (Oracle and SAP)