accounts receivable London, England
Job description
We are seeking a proactive, confident and experienced Accounts Receivable Manager to join our Finance team in Corporate group. This is a full-time opportunity on a permanent basis.
The role will be based in 10 South Colonnade, Canary Wharf London, E14 4PU. Please be aware that this role can only be worked in the UK and not overseas. We are currently implementing a flexible, hybrid way of working, with a minimum of 4 days per month working on site to enable the collaboration and contact with partners and stakeholders needed to deliver MHRA business. Attendance on site is driven by business needs so depending on the nature of the role, this can flex up to 8 days a month, with the remainder of time worked either remotely or in the office. Some roles will need to be on site more regularly. Remote working is potentially available for some specific roles. Please discuss this with the recruiting manager before accepting an appointment.
Who are we?
The Medicines and Healthcare products Regulatory Agency enhance and improve the health of millions of people every day through the effective regulation of medicines and medical devices, underpinned by science and research.
The core purpose of the Finance Division is to ensure public funds are spent wisely and that the Executive and the Board make informed decisions about costs and investments than bring public value outcomes.
The Finance Division is essential to ensure that the agency discharges its statutory responsibilities and carries out business operations while delivering optimal value from the funding we receive. The services Finance provides range from Finance Operations, through to Accounting, Reporting and Control, Strategic Finance, Finance Business Partnering and Risk and Assurance. We operate systems and controls to ensure that we procure goods and services and pay suppliers in line with the established public sector frameworks, collect the monies owed to us and keep the agency’s monetary assets safe and protected from fraud. We maintain the agency’s financial books of record, ensuring that they are a true and fair view of our operations and provide assurance to the Accounting Officer, DHSC and Parliament about the agency’s compliance with public sector transparency and spending rules. We provide management reporting, budgeting, planning and strategic modelling services across the agency, along with assurance, financial analysis and advice to the CEO, the Executive Committee and the Board.
What’s the role?
The Finance Operations function is responsible for ensuring that the agency has effective processes and systems in place to accurately process financial transactions and report financial performance to the business. This area is also responsible for driving continuous process efficiencies and improvements across the function, delivering maximum value for the Agency and ensuring robust controls are in place. The Finance Operations function comprises all transactional teams in finance, namely Accounts Receivable, Accounts Payable, Cash Management, Transaction Procurement and Systems Support.
The purpose of this role is to provide strategic leadership and management to the Accounts Receivables area ensuring it meets key performance metrics such as billing, error-free processing, efficient cash allocation and timely settlement of debtors, whilst providing high quality service to internal and external customers. This role is also responsible for developing and improving processes and controls in the function.
Key responsibilities:
- Act as a work stream lead for all O2C transactions, ensuring that the AR team function is operating efficiently and effectively, in accordance with the Agencies’ Debt Management Strategy principles and that robust systems of control are in place.
- Manage, train, and develop current AR team (5+) and highlight critical business hires where necessary
- Put in place targets and KPI's for the team to maintain their focus on key areas and implement the necessary control initiatives to ensure team roles and responsibilities are completed effectively and all financial obligations are met
- Business Partner with a wide range of key stakeholders across all levels within the business to monitor debt situation to reduce any old or disputed debts within the business
Who are we looking for?
Our successful candidate will be expected to have a strong senior AR management expertise with demonstrable experience of improving processes and systems. You will have a substantial experience of working in and managing Financial Transactions teams with a demonstrable track record of managing change and improving performance through technical know-how and analytical skills. You will also have a substantial knowledge of Oracle Fusion or similar accounting systems including experience of supporting design and maintenance business processes and control systems to improve and ensure the integrity, quality and timeliness of information and hands on experience of generating reports. You will also have an excellent understanding of the Order to Cash (O2C) end to end processes and the associated financial controls.
If you would like to find out more about this fantastic opportunity, please read our Job Description and Person Specification!
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The selection process:
We use the Civil Service Success Profiles to assess our candidates, find out more here.
- Online application form, including questions based on the Behaviour, Experience and Technical Success Profiles. Please ensure all application questions are completed in full; your application may not be considered if any responses are left blank. Our applications are CV blind, and our Hiring Managers will not be able to access your CV when reviewing your application.
- Interview, which can include questions based on the Behaviour, Experience, Technical and Strengths Success Profiles.
Applicants are assessed on whether they meet any mandatory requirements as well as the necessary skills and experience for the role. Applications are scored based on the competency-based answers provided- ensure you have read these thoroughly and allow sufficient time. You can view the competencies for this role in the job description.
If you require any disability related adjustments at any point during the process, please contact [email protected] as soon as possible.
Closing date: 22/06/2023
Interview date: W.C. 26/06/2023
If you need assistance applying for this role or have any other questions, please contact [email protected]
Candidates will be subject to UK immigration requirements as well as Civil Service nationality rules. Further information on whether you are able to apply is available here.
Successful candidates must pass a disclosure and barring security check as well as animal rights and pro-life activism checks. People working with government assets must complete basic personnel security standard checks.
Applicants who are successful at interview will be, as part of pre-employment screening subject to a check on the Internal Fraud Database (IFD). This check will provide information about employees who have been dismissed for fraud or dishonesty offences. This check also applies to employees who resign or otherwise leave before being dismissed for fraud or dishonesty had their employment continued. Any applicant’s details held on the IFD will be refused employment. A candidate is not eligible to apply for a role within the Civil Service if the application is made within a 5 year period following a dismissal for carrying out internal fraud against government.
Any move to the MHRA from another employer will mean you can no longer access childcare vouchers. This includes moves between government departments. You may however be eligible for other government schemes, including Tax-Free Childcare. Determine your eligibility here.
Successful candidates may be subject to annual Occupational Health reviews dependent on role requirements. If you have any queries, please contact [email protected].
In accordance with the Civil Service Commissioners’ Recruitment Principles our recruitment and selection processes are underpinned by the requirement of selection for appointment on the basis of merit by a fair and open competition. If you feel your application has not been treated in accordance with the Recruitment Principles and you wish to make a complaint, you should firstly contact Mira Mepa, Head of Recruitment and Operations, [email protected].
If you are not satisfied with the response you receive, you can contact the Civil Service Commission at: civilservicecommission.independent.gov.uk
Civil Service Commission
Room G/8
1 Horse Guards Road
London
SW1A 2HQ
About MHRA
CEO: Dr Ian Hudson
Revenue: $100 to $500 million (USD)
Size: 1001 to 5000 Employees
Type: Government
Website: www.gov.uk/mhra
Year Founded: 2003
