Cash Application Lead

Job Overview
This individual will report to the Cash Operations Team Lead.

Responsible for performing various cash, disbursement, and cash accounting activities within the LSEG Finance Services Operations function. The role is focused on various duties including liquidity management of Group bank accounts via settlement of intercompany invoices, coordination and/or approval of internal and external payments, support other functions in LSEG by responding to audit queries, payment queries etc. LSEG being a dynamic and constantly evolving organization, with the opportunity to support projects and adhoc activities, as required by the business.

Primary Responsibilities:

• Efficient daily cash management and cash positioning, working closely with Finance Services Operations and other key stakeholders.
• Efficient and timely payment approvals in the banking platform used by LSEG in the different regions.
• Ensure compliance with controls and processes.
• Ensure all entries are accurately posted in the financial accounting system promptly, to assist with the swift reconciliation of bank statements.
• Monitor Daily MT940 Uploads into Cash Manager are complete.
• Prepare GL journal files for Fin Rep to review, load and approve/post.
• Follow up on unresolved postings from Treasury, Fin Rep, AP & Credit Control
• Run AR Direct Debit Process
• Supporting the preparation of bank to general ledger reconciliations
• Support wider the finance teams where volumes are high/resolution complex to ensure group KPI targets and management reporting deadlines are met.
• Ad hoc reporting and requests from Group and/or local finance as required.

Essential Skills:

• Good understanding of controls related to activities performed.
• Strong computer skills, including proficiency in Microsoft Word, Excel, and PowerPoint.
• Excellent communication (written and verbal), analytical, critical thinking and interpersonal skills.
• Good team player and collaborative within the team and with other stakeholders within the business.
• Excellent attention to details, ability to multi-task and work under pressure.
• SAP knowledge desirable.

Qualifications

• Bachelor/Master/MBA degree in finance, accounting, business, or equivalent work experience.
• 7 to 10 years work experience in -
  • Treasury/cash management or banking field preferred.
  • Accounts Payable and Accounts Receivable teams in a large organization.
  • Understanding of accounting concepts and principles and reporting to tight deadlines.
  • Knowledge and experience of reconciliation processes and implementation of financial controls in operations

Career Stage:

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

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If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.