Cash Control & Processing Manager

Cash Control & Processing Manager

Hybrid (2 days per week at our Support Centre)

About our culture

The Works is such a welcoming place to… well… work! Our atmosphere is supportive, friendly and inclusive. A second home-from-home where you can be your best and authentic you.

We’ve built an environment that’s busy, always moving, and full of energy. Yet we still make space to share must-watch TV recommendations and our favourite page-turners!

It’s the perfect place for people who know how to roll their sleeves up, get creative, and put their passion and imagination to work. If you’re the kind of person who is as ’crafty’, ‘caring’ and ‘can-do’ as we are, then this is the kind of culture for you.

About the role

Our Cash Control team ensure the cash allocations and any related transaction discrepancies are correctly accounted for, whilst ensuring the appropriate controls are adhered to.

The Cash Control & Processing Manager will lead the team to ensure designation cash processing, reconciliation and reporting functions are completed in a timely manner, whilst in compliance with policy and regulations.

You will lead a team of 5 in a fast-paced, hands-on role and enjoy the challenge of finding solutions  

Key Responsibilities

• Daily posting of cash book, analysis and breakdown of cash
• Importing credit cards, Love to shop vouchers and sales information into the accounting system
• Monthly analysis and posting of credit cards, expenses and calculations of employee deductions
• Multi-currency bank reconciliations and cash discrepancy analysis
• Raising payments, bank administration and transaction query resolution
• Love to Shop administration and reconciliations
• Cash and bank related month-end journals and reconciliations
• Identifying risks, strengthening controls and improving processes
• Build partnerships with our cash and banking contacts to build productive relationships
• Train, develop, coach and inspire your team.
• Respond to year-end audit requests and liaise with auditors to explain transactions, balances, processes and controls. 
• Collate information through the year to minimise pressure points at the year end.
• Train new Store Manager in the operation of store level cash processes.
• Work alongside the retail operations team to monitor and review store float levels and assist with any store cash issues.
  
  

Desired Experience

• Multi-currency cash management operations to include cash administration and cash centres, keeping records of incoming and outgoing cash, processing day to day transactions, maintaining records, producing periodic financial account reports.
• Reviewing and driving improvements in cash management to ensure that the financial obligations are met in terms of budget requirements
• Consolidating of cash processing reports and evaluates variances
• Supporting senior management to ensure company policies and procedures are maintained and implemented.
  
  

Personal Qualities

• Naturally inquisitive and not shy to question processes and procedures.
• Strong organisational skills, flexible and able to adapt quickly to change, if not suggest the changes that are needed.
• Advanced Excel knowledge.
• Confident and professional manner with excellent interpersonal and communication skills to all levels on all platforms.
  
  

Our PERKS really are ‘The Works’

• 25% Colleague Discount!
  Plus, exclusive Double Discount days

• MyWorks
  Exclusive online discounts across hundreds of retailers, holidays, utilities deals, tech and more!

• Can-Do Academy
  Instant access to further training and development to help you grow with us and develop your career

• Wagestream
  Claim early access to 50% of your wages as you earn them
  
  
• Share Scheme
  Become a shareholder and own your very own piece of The Works!

• 24/7 support for you and your family
  Through our Employee Assistance Programme and Retail Trust Partnerships; Gain free counselling, will-writing

• Save As You Earn
  Save directly from your salary

• Long Service Awards
  Cash, gifts, or holiday rewards

• Recognition Awards
  For outstanding service, customer feedback, excellent sales and more!
  
  
•  + Loads more!
  Holidays, Pension, Life assurance and optional charity giving
  
  

Our Purpose

To inspire reading, learning, creativity and play – making lives more fulfilled.

Our Values
We are Crafty | We are Caring | We are Can-do

A bit about The Works

We are working towards our ambition of becoming one of the most loved retailers in the UK and the go-to place for reading, learning, creativity and play. We believe in the importance of fun and fulfilment and taking time out to do the things you love.

With 525 stores nationwide and a strong multi-channel proposition, our mission is to offer a unique and enjoyable shopping experience, built on core principles of value, variety and quality.

And we’re super proud to be accredited as #12 'Best Big Companies' to work for, 2022

#LI-Hybrid

Cash Control & Processing Manager

Hybrid (2 days per week at our Support Centre)

About our culture

The Works is such a welcoming place to… well… work! Our atmosphere is supportive, friendly and inclusive. A second home-from-home where you can be your best and authentic you.

We’ve built an environment that’s busy, always moving, and full of energy. Yet we still make space to share must-watch TV recommendations and our favourite page-turners!

It’s the perfect place for people who know how to roll their sleeves up, get creative, and put their passion and imagination to work. If you’re the kind of person who is as ’crafty’, ‘caring’ and ‘can-do’ as we are, then this is the kind of culture for you.

About the role

Our Cash Control team ensure the cash allocations and any related transaction discrepancies are correctly accounted for, whilst ensuring the appropriate controls are adhered to.

The Cash Control & Processing Manager will lead the team to ensure designation cash processing, reconciliation and reporting functions are completed in a timely manner, whilst in compliance with policy and regulations.

You will lead a team of 5 in a fast-paced, hands-on role and enjoy the challenge of finding solutions  

Key Responsibilities

• Daily posting of cash book, analysis and breakdown of cash
• Importing credit cards, Love to shop vouchers and sales information into the accounting system
• Monthly analysis and posting of credit cards, expenses and calculations of employee deductions
• Multi-currency bank reconciliations and cash discrepancy analysis
• Raising payments, bank administration and transaction query resolution
• Love to Shop administration and reconciliations
• Cash and bank related month-end journals and reconciliations
• Identifying risks, strengthening controls and improving processes
• Build partnerships with our cash and banking contacts to build productive relationships
• Train, develop, coach and inspire your team.
• Respond to year-end audit requests and liaise with auditors to explain transactions, balances, processes and controls. 
• Collate information through the year to minimise pressure points at the year end.
• Train new Store Manager in the operation of store level cash processes.
• Work alongside the retail operations team to monitor and review store float levels and assist with any store cash issues.
  
  

Desired Experience

• Multi-currency cash management operations to include cash administration and cash centres, keeping records of incoming and outgoing cash, processing day to day transactions, maintaining records, producing periodic financial account reports.
• Reviewing and driving improvements in cash management to ensure that the financial obligations are met in terms of budget requirements
• Consolidating of cash processing reports and evaluates variances
• Supporting senior management to ensure company policies and procedures are maintained and implemented.
  
  

Personal Qualities

• Naturally inquisitive and not shy to question processes and procedures.
• Strong organisational skills, flexible and able to adapt quickly to change, if not suggest the changes that are needed.
• Advanced Excel knowledge.
• Confident and professional manner with excellent interpersonal and communication skills to all levels on all platforms.
  
  

Our PERKS really are ‘The Works’

• 25% Colleague Discount!
  Plus, exclusive Double Discount days

• MyWorks
  Exclusive online discounts across hundreds of retailers, holidays, utilities deals, tech and more!

• Can-Do Academy
  Instant access to further training and development to help you grow with us and develop your career

• Wagestream
  Claim early access to 50% of your wages as you earn them
  
  
• Share Scheme
  Become a shareholder and own your very own piece of The Works!

• 24/7 support for you and your family
  Through our Employee Assistance Programme and Retail Trust Partnerships; Gain free counselling, will-writing

• Save As You Earn
  Save directly from your salary

• Long Service Awards
  Cash, gifts, or holiday rewards

• Recognition Awards
  For outstanding service, customer feedback, excellent sales and more!
  
  
•  + Loads more!
  Holidays, Pension, Life assurance and optional charity giving
  
  

Our Purpose

To inspire reading, learning, creativity and play – making lives more fulfilled.

Our Values
We are Crafty | We are Caring | We are Can-do

A bit about The Works

We are working towards our ambition of becoming one of the most loved retailers in the UK and the go-to place for reading, learning, creativity and play. We believe in the importance of fun and fulfilment and taking time out to do the things you love.

With 525 stores nationwide and a strong multi-channel proposition, our mission is to offer a unique and enjoyable shopping experience, built on core principles of value, variety and quality.

And we’re super proud to be accredited as #12 'Best Big Companies' to work for, 2022

#LI-Hybrid