Manager Finance Ops - Cash Management

ViziRecruiter,LLC.; Salisbury (NC); Hybrid; USD 120,960 - 181,440; Full time

Job summary

A leading global food retailer is seeking a Cash Management professional to oversee all cash-related activities. The role requires a Bachelor's degree, strong accounting and Excel skills, and at least 8 years of relevant experience. This position involves overseeing cash management processes, leading cross-functional initiatives, and ensuring compliance with accounting standards. The company offers a competitive salary range, hybrid work schedule, and opportunities for career advancement.

Qualifications

• 8+ years of experience in accounting, ideally with a focus on cash management.
• Proficient in IFRS 16 regulations.
• Ability to multi-task and manage diverse initiatives.

Responsibilities

• Oversee end-to-end cash management processes, ensuring compliance.
• Lead diverse initiatives in consumer electronic payments.
• Develop and maintain partnerships with cross-functional teams.

Skills

Accounting expertise

Strong Excel skills

Communication skills

Influencing skills

Customer-centric mindset

Education

Bachelor's degree or equivalent in relevant discipline

Job description

Introduction

Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which also includes five leading omnichannel grocery brands – Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Ahold Delhaize USA associates support the brands with a wide range of services, including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, Technology and more.

Overview

The primary purpose of this position is to oversee and direct all activities related to cash, end-to-end, i.e. store and non-store cash, including standardized reporting and trends on tenders. Lead a team to review program financial submissions and analytical deliverables to validate completeness and accuracy of the reported results. Partners closely with the business units, GSO Treasury and the Record to Report team to resolve any issues, leveraging key operating metrics to drive performance opportunities and in the development and implementation of internal accounting policies, procedures and controls.

Our flexible/hybrid work schedule includes 3 in-person days at one of our core locations and 2 remote days. Our core office locations include Salisbury, NC or Carlisle, PA.

Responsibilities

• Direct and oversee all activities related to cash end-to-end, i.e., store and non-store cash, including standardized reporting and trends on tenders ensuring compliance with accounting principles, practices and procedures to ensure accurate and timely financial information.
• Manage diverse new initiatives, especially in consumer electronic payments (i.e., Instacart EBT, DoorDash, Emerald (POS), Prism Food Lion, Prism Hannaford, Digital Wallet, and the upcoming Uber Eats initiative).
• Develop and lead a cross-functional cash controlling committee to:
  • Align across all applicable functions, i.e., AP, AR, RTR.
  • Develop and maintain strong partnerships with AP/AR NFR and Record to Report teams around IHC settlement actives, period close and managing accounting functions.
  • Monitor Virtual Pay, In House Cash and AP processing error/impact and support cash flow projection process.
• Participate in the Global Focus Area (GFA) Payments Team in optimizing processes to unlock value and expand core payment capabilities.
• Responsible for building, maintaining and developing mutually beneficial partnerships with all Brands, GSO, 3rd party vendors, suppliers and/or agencies, as well as garnering strong relationships with cross functional teams, i.e. Finance Solutions, AP/AR Resale and NFR.
• Lead a comprehensive analysis of current cash management processes and procedures, identifying improvements to be implemented, streamlining and aligning AH and DA cash management processes, further enhancing organizational efficiency.
• Lead the development, maintenance, and control of end-to-end cash and consumer electronic payments processes across all legal entities and bank accounts, ensuring seamless operations while adhering to the highest standards of governance (over 137 bank accounts, 26 legal entities, over $58 billion in transaction value).
• Develop and maintain robust relationships with all banking, fintech, and payments partners for fast resolution of issues, identifying opportunities for cost savings and innovation.
• Monitor and own all bank fees/rebates, maintain budgetary control, and proactively identify opportunities for cost savings.
• Own and review key controls of the function ensuring the integrity of financial and accounting information to promote accountability and prevent fraud.
• Responsible for approval of all changes related to cash and banking related processes (BMG, recons, Bwise, etc.).
• Drive successful performance of offshore team to ensure completion of all applicable activities on a timely basis and in compliance with SLAs through collaboration and appropriate communication.

Requirements

• Bachelor's degree or equivalent in relevant discipline.
• 8+ years of experience in accounting (highly developed technical skills gained through thorough knowledge from increasingly difficult work/projects).
• Strong Excel skills.
• Strong communication skills (both written and verbal) and presentation skills.
• IFRS 16.
• Strong influencing skills.
• Ability to multi-task.
• Customer‑centric.
• Extensive knowledge of the Ahold Delhaize accounting processes.
• 15% travel.

Preferred Qualifications

• CPA preferred, not required.

Salary Range: $120,960 - $181,440

Actual compensation offered to a candidate may vary based on their unique qualifications and experience, internal equity, and market conditions. Final compensation decisions will be made in accordance with company policies and applicable laws.