Collections Team Lead

Position Title: Payments Team Lead

Department/ Client: Finance

Job Level: Non- management Manager Director and above

Reports to: Treasury & Collections Head

Supervises: Payments Team

GENERAL DESCRIPTION

WPP Media handles blue chip accounts such as JFC, Nestle, Loreal, Procter and Gamble, among others. The Payments Team Lead is responsible for ensuring smooth and efficient payment processing operations.

Aside from delivering the KPI, this role is also expected to have collaborative relationship with other departments in the resolution of issues and attainment of common goals. This role will lead the team in identifying and achieving process improvements in the Payments process.

DUTIES AND RESPONSIBILITIES

3 best things about the job:

§ Exposure to Treasury and Payment Process, Tools and Systems

§ Opportunity to handle the country’s top companies and brands

§ Being part of an organization that promotes excellence through mentoring and talent development programs while maintaining an environment of fun and camaraderie.

Measures of Success: In 3 to 6 months months you should have:

§ Delivering the KPI for smooth and efficient payment process

§ Achieve accuracy in Payment and accrual process

§ Established an excellent working relationship with media vendors and buying team to facilitate coordination and smooth flow of work process

What your day job looks like at WPP Media:

The Payments Team Lead leads the payments team and is expected to perform the following responsibilities:

1) Managing the company's day-to-day cash inflows and outflows to ensure sufficient liquidity for operations.

2) Ensuring timely and accurate payment of invoices, salaries, and other obligations.

3) Troubleshooting payment processing issues and resolving them promptly.

4) Maintaining strong relationships with banks and financial institutions.

5) Efficiently managing cash balances to maximize returns while minimizing risk.

6) Managing existing debt obligations, including refinancing, restructuring, and compliance with covenants.

7) Ensuring compliance with all relevant financial regulations and reporting requirements.

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit wpp.com.
WPP Media is WPP’s global media collective. In a world where media is everywhere and in everything, we bring the best platform, people, and partners together to create limitless opportunities for growth. For more information, visit wppmedia.com
At WPP Media, we believe in the power of our culture and our people. It’s what elevates us to deliver exceptional experiences for both our clients and each other. In this role it will be critical to embrace WPP & WPP Media’s shared core values:
o Be Extraordinary by Leading Collectively to Inspire transformational Creativity.
o Create an Open environment by Balancing People and Client Experiences by Cultivating Trust.
o Lead Optimistically by Championing Growth and Development to Mobilize the Enterprise.

This role will directly contribute to regional growth in APAC, aligning with our global strategy of innovation and excellence. With 12,000+ employees spanning 16 culturally diverse markets, we thrive on the strength of local expertise, unified by a global vision, to deliver impactful solutions for our clients.

WPP Media is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.