Senior Manager Cash Operations Management & Compliance

JOB DESCRIPTION
Reporting to the GBS, Director of Finance Operations, the Senior Manager of Cash Operations Management and Compliance will lead and oversee the cash management (cash receipts, application and disbursements), working capital optimization, payment management and overall GBS SOX and Audit program functions within Global Business Services (GBS). This pivotal role ensures operational excellence, drives process standardization, and provides strategic insights and actions to maximize liquidity, minimize financial risk, and reduce costs across the organization. The senior manager will leverage technology and process excellence to enhance efficiency and ensure compliance with all SOX and Internal Audit Requirements.
The senior manager of this function will be responsible for overseeing these capabilities, ensuring operational rigor, attaining key metrics, and driving process transformation aligned with business outcomes. This role is a people-leader with a global team spanning multiple countries, including a BPO partner.
RESPONSIBILITIES

• Develop and implement cash management strategies to optimize cash usage
• Collaborate closely with Accounts Receivable (AR) and Accounts Payable (AP) teams within GBS to identify and execute working capital initiatives.
• Analyze cash flow patterns and trends to identify opportunities for improvement in payment and collection processes, driving DPO/DSO improvements.
• Oversee the payment management function, ensuring compliance with internal policies, regulatory guidelines (e.g., SOX), and audit controls.
• Manage vendor relationships related to expense systems and banking services, assessing performance and proactively recommending changes.
• Review financial reports and seek ways to reduce costs across managed processes.
• Prepare and present detailed financial analyses and reports related to cash, liquidity, and key expense metrics to senior leadership and stakeholders.
• Develop and maintain strong internal controls and ensure compliance with internal policies and external financial regulations (e.g., GAAP, SOX).
• Develop an execution plan to deliver process performance improvements in collaboration with Global Process Owners.
• Successfully deliver multiple programs and projects that are key dependencies for the overall performance of the organization
• Manage the performance of all direct reports by developing accountabilities, establishing performance objectives, providing career counseling, feedback, and guidance, and ensuring that all policies are understood and followed.
• Communicate and exemplify UL's Vision and Mission. Lead, promote, and embrace change for self and future team. Collaborate and build trust within the organization and with internal and external customers to meet or exceed their expectations. Develop strong, flexible cross-functional networks and global relationships to promote becoming the fastest, highest quality, and most customer-friendly organization. Coach and mentor employees to do the same.
• Read and follow the Underwriters Laboratories Code of Conduct and adhere to all physical and digital security practices.
• Perform other duties as directed.

QUALIFICATIONS

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field required; a Master's degree or MBA is preferred.
• CPA Preferred
• Minimum of 8-10 years of experience in accounting, GBS, financial management or treasury operations, with at least 3-5 years in a leadership/managerial role.
• Demonstrated expertise in cash flow forecasting, liquidity management, and working capital optimization.
• Excellent analytical, problem-solving, and negotiation skills.
• Strong leadership capabilities and experience managing cross-functional teams.
• Proficiency in financial modeling and advanced Excel functions.
• Solid experience as a lead or participant in cross-functional or global projects, or experience working in multiple functions or regions
• Ability to lead a team successfully and create partnerships with the business
• Strong customer service mindset
• Excellent verbal and written communication skills
• Ability to identify and resolve issues independently
• Able to manage multiple teams within different geographic regions simultaneously
• Team player who can collaborate and communicate with people across all levels and functions

What you'll experience working for ULS
UL Solutions has been pioneering change since 1894 and we're still leading the way. From day one, we've blazed a trail protecting the planet and everyone on it. Our teams have influenced billions of products, plus services, software offerings and more. We break things, burn things and blow things up. All in the name of safety science.
That's where you come in - because none of it could happen without you. It takes passion to protect people, problem-solving to safeguard personal data and conviction to make the world a more sustainable place. It takes bold ideas and brilliant minds to build a better world for future generations across the globe.
This is more than a job. It's a calling. A passion to use our expertise and play our part in creating a more secure, sustainable world today - and tomorrow. As a member of our safety science community, you'll use your ideas, your energy and your ambition to innovate, challenge and ultimately, help create a safer world.
Everyone here is unique. But we're also a global community, working together to help create a safer world. Join UL Solutions and you can connect with the brightest minds in the business, all bringing their distinct perspectives and diverse backgrounds together to deliver real change.
Empowering our customers to keep the world safe means thinking ahead. It means investing in training and empowering our people to learn and innovate. At UL Solutions, we help build a better future - one where everyone benefits.
Join UL Solutions to be at the center of safety. To learn more about us and the work we do, visit UL.com
Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $127,000 to $169,300 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 20% of the base salary. This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday including floating holidays (12 days) and sick time off (72 hours).