International SOS (www.internationalsos.com) is the world’s leading medical and travel Security Risk Services Company. We care for clients across the globe, from more than 1,000 locations in 90 countries. Our expertise is unique: More than 11,000 employees are led by 1,400 doctors and 200 security specialists. Teams work 24/7 to protect our members. We pioneer a range of preventive programs strengthened by our in-country expertise. We deliver unrivaled emergency assistance during critical illness, accident or civil unrest.

We are passionate about helping clients put Duty of Care into practice. With us, multinational corporate clients, governments and NGOs can mitigate risks for their people working remotely or overseas.

Our global services include medical and risk planning, preventive health programs, in-country expertise and emergency response for travelers, expatriates and their dependents of over 70% of the Fortune 500 companies.

A) Overall Purpose of the Job

The ‘Head of Working Capital’ (HWC) reports to the Finance Director (FD) and is solely responsible for the management of the Working Capital across all the Occupational Health (OH) legal entities.  This includes the management of the Accounts Payable; Billing; Collections & Treasury functions within the OH business.  The key focus is around the maximisation of the cash position of this standalone Business Unit, reported up through the parent company ‘International SOS’ (ISOS).  As a senior member of the Finance team, the HWC will be required to represent Finance at internal & external meetings and deputise for the FD when required.

B) Key Responsibilities

• Maximisation of the OH Cash Position, ensuring Working Capital requirements are always met.
• Minimise any exposure to bad debt and keep the SLT regularly abreast of the Credit position.
• Manage the Accounts Payable; Billing; Collections & Treasury functions on a day-to-day basis.
• Support direct reports with their duties, through ensuring training and daily management.
• Represent the Finance team by deputising for the FD at both internal and external meetings as required.
• Ensure the month-end close timetable is adhered to within the designated reporting timelines.
• Provide information to external stakeholders on all matters relating to AR/AP & Treasury as required.
• Responsible for all system & process improvements rolled out within the AP/AR & Treasury functions.
• Completion of Month End Group Reporting Pack

Accounts Receivable

• Ensure all sales invoices are accurately processed on a timely basis, within strict reporting deadlines.
• Responsible for minimising the volume of sales accruals and challenging the wider business on them.
• Ensure effective cash collections within pre-set working capital KPI’s (WCI).
• Deliver the correct VAT treatment of all sales invoices in accordance with the relevant HMRC guidance.
• Responsible for the monitoring of key customer credit ratings and management of credit limits.
• Provision of key management information and reporting as required.

Accounts Payable

• Responsible for minimising the volume of cost accruals and challenging the wider business on them.
• Pay suppliers within their payment terms, ensuring key vendor relationships are positive.
• Provision of key management information and reporting as required.

Treasury

• Complete regular cash flow forecasts, ensuring accuracy for key stakeholders.
• Continuous review of the companies’ dynamic cash position, ensuring the maximisation of liquidity.
• Management of our day-to-day banking relationship and fulfilment of all reporting requirements.

This list is non-exhaustive, and the role holder may be required to undertake additional duties that are not specifically listed above.

• Educated to degree level and / or previous experience of working in a finance / treasury department;

• Ideal candidate will be ACT qualified or hold a recognised Accounting qualification.  QBE will also be considered;

• Proficient in Microsoft Office (Excel, PowerPoint and Word);

• Enjoys working in fast paced environments, preferably within a Group Subsidiary;

• Ability to work in a structured manner to ensure that tight deadlines are met;

• Highly motivated with a strong work ethic;

• Excellent organisational skills with a proven track record in forward planning and managing their own time to ensure deadlines for a wide variety of activities are met in a timely and effective manner;

• Excellent communication and presentation skills, both verbal and written;

• Extensive experience of managing a team to deliver results;