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Form of workThis role sits within the Finance Team as a Treasury Accountant with a specialisation in working capital management. This position plays a crucial role in optimising our company's liquidity and cash flow by effectively managing working capital components.Working Capital Analysis: Conduct thorough analysis of working capital components including accounts receivable, accounts payable, and inventory to identify trends, risks, and opportunities for improvement.Cash Flow Forecasting: Assist in the development and maintenance of cash flow forecasting models to accurately predict short-term and long-term cash needs. Monitor actual cash flows against forecasts and investigate variances.Accounts Receivable Management: Collaborate with the Accounts Receivable team to optimise collections processes, minimise days sales outstanding (DSO), and reduce bad debt exposure. Review customer creditworthiness and establish credit limits where necessary.Accounts Payable Management: Work closely with the Accounts Payable team to optimise payment terms, manage vendor relationships, and enhance cash flow through strategic payment scheduling.Inventory Management: Analyse inventory levels and turnover ratios to identify opportunities for inventory optimisation and cost reduction. Coordinate with supply chain and operations teams to minimise excess inventory and improve inventory turnover.Working Capital Optimisation: Develop and implement strategies to optimise working capital efficiency, including initiatives to reduce working capital cycle times, improve cash conversion cycles, and maximise return on investment.Financial Reporting and Analysis: Prepare regular reports and presentations on working capital performance, highlighting key metrics, trends, and insights for senior management review. Provide analysis and recommendations to support decision-making processes.Compliance and Risk Management: Ensure compliance with internal policies, accounting standards, and regulatory requirements related to working capital management. Identify and mitigate risks associated with working capital fluctuations.Process Improvement: Continuously evaluate existing processes and systems related to working capital management, identifying opportunities for automation, efficiency improvements, and cost savings.
