Finance Manager (Invoice Matching Operations)

Job title:

Finance Manager (Invoice Matching Operations)

Company

Co-op

Job description

Job Description:Finance Manager (Invoice Matching Operations)
£Competitive plus great benefits (Work Level 5)
Manchester city centre, in this role you’ll work in a hybrid way splitting your time between home and coming into the office 2 days a week and based on business needs (find out more about our hybrid working policy at https://jobs.coop.co.uk/hybrid-working-policy ).We’re looking for a Finance Manager (Invoice Matching Operations) to join the Source to Pay (S2P) team within our wider Co-op Business Services (CBS) organisation. CBS is made up of a number of diverse teams dedicated to delivering high-quality, reliable and cost-effective business services across our Co-op. You’ll play a key role in helping CBS to support and realise our group vision of ‘co-operating to build more value for member-owners every day’.In this role, you’ll form part of our Source to Pay leadership team, managing a team of up to 5 Team Managers and indirectly managing around 40 Advisors. These teams are responsible for managing invoice matching operations across all of our different businesses. It’ll be up to you to forge influential relationships with stakeholders, planning ahead to make sure that the activity across your teams is well planned, has the right resource allocated, is delivered in line with business priorities, and that risk is managed effectively. This is a fantastic opportunity for you to showcase your leadership skills while gaining valuable exposure across our Source to Pay business.What you’ll do

• Lead a team of up to 5 Team Managers as direct reports and around 40 indirect reports
• Manage planning horizons up to 1-2 years ahead
• Build influential relationships with senior leaders across the S2P process from commercial buying (sourcing), supply chain, logistics and branches
• Providing challenge and support across the end-to-end process to create value from profit improvement activity, i.e. reduce loss
• Manage the operational governance of end-to-end S2P process
• Identify and implement continuous improvement opportunities across the wider S2P process CBS and Source to Pay teams
• Work with technology teams and 3rd parties to maximise efficiencies through use of enabling technologies
• Responsible for matching circa 4.2m invoices with a total value of £10bn +
• Take accountability for managing service against key targets and maximising Coop’s profit performance, cash management and working capital optimisation through effective management of S2P processes

This role would suit people who have

• Previous leadership experience with the confidence to lead and support the integration of a large team of colleagues
• A strong background in Accounts Payable operations with a global end-to-end source to pay process
• Experience of financial transactions management within a Shared Service centre
• Great relationship building skills, with the confidence to challenge and influence senior stakeholders
• Familiarity with governance, control and risk management
• Experience of leading, implementing and championing change

Why Co-op?If you have the skills that we need, we can offer you a competitive salary and great benefits package which includes 30% off Co-op branded products in our food stores (as well as other discounts on Co-op products and services).

• An annual bonus (based on personal and business performance)
• 28 days holiday (rising to 32 with service) plus bank holidays
• A pension with up to 10% employer contributions
• Private healthcare
• Access to a subsidised onsite gym (at our Manchester HQ)
• Coaching and training to support your career development
• Wagestream app – giving you access to a percentage of your pay as you earn

At Co-op, we’re proud to do things a different way. As one of the world’s largest co-operatives, owned by millions of members, community is at the heart of what we do. Since our Co-op was founded in 1844, we’ve had a clear social purpose, and everything we do as a business helps to build a fairer world for our members, customers, colleagues, and communities.Building a diverse environmentWe’re actively building diverse teams and we welcome applications from everyone. If you have a disability, we can make reasonable adjustments to our recruitment process according to your needs. We’re also part of the Disability Confident scheme, meaning we’ll always offer an interview to disabled candidates who apply through the scheme if they meet the minimum criteria for a job.We’ll ask whether you’d like to be considered under the Disability Confident scheme when you apply.
If we invite you to take part in the recruitment process for any of our jobs, we’ll ask you if you need any reasonable adjustments to enable you to participate.You can find out more about our recruitment process at jobs.coop.co.uk/apply-processYou can find out more about the Disability Confident scheme and all our commitments to diversity and inclusion at jobs.coop.co.uk/diversity-inclusion-wellbeingPlease note that we may close applications for this role early.As part of your application, you’ll need to complete an online assessment. This assessment typically takes between 45-60 minutes. If you’re a current Co-op colleague, this does not need to be completed.#CBS

Expected salary

Location

Manchester

Job date

Wed, 16 Apr 2025 00:05:40 GMT

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