Senior Manager - Bank Reconciliation

**WPP is the trusted growth partner for the world’s leading brands.** **We unite cutting-edge media intelligence and data solutions, world-class creativity, next-generation production, transformative enterprise solutions and expert strategic counsel in a single company – powered by exceptional talent and our agentic marketing platform, WPP Open, to help our clients navigate change, capture opportunity and deliver transformational growth.** **We work with the world's most valuable brands and have global reach across 100+ markets, with deep local expertise.** **Our people are the key to our success. We're committed to fostering a culture of creativity, belonging and continuous learning, attracting and developing the brightest talent, and providing exciting career opportunities that help our people grow.** **For more information, visit [.](https://eur02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwpp.com%2F&data=05%7C02%7CErica.Durr%40wpp.com%7C9bf4566a65bc46a48ac008de749116ea%7C150b5e663d884dee83f6ed149b727a00%7C0%7C0%7C639076363668176216%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=Q9juosud56XGLThSFZ1NpPZd6FXpJPxV74OeRZWoh%2B4%3D&reserved=0)** **Why we're hiring:** The Senior Manager –Treasury Center of Excellence (COE) will be responsible for leading and strategically directing the global Treasury operations, with a core focus on **Bank Reconciliations, Bank Account Management (Admin), Cash & Liquidity Management, and Treasury Controls**. This role requires a seasoned leader to drive best-in-class operations, lead system automation (Auto-Reconciliations, TMS, ERP integration), optimize banking relationships, and ensure rigorous compliance and SOX controls across multiple operating companies (OpCos) and geographies. **What you'll be doing:** KEY RESPONSIBILITIES 1. Strategic Leadership & Treasury COE Management - Lead, mentor, and build a high-performing Treasury COE team, overseeing end-to-end Bank Reconciliations, Bank Administration, and Treasury operations. - Formulate and execute the strategic roadmap for the Treasury COE to enhance operational efficiency, scalability, and control mechanisms. - Act as the strategic liaison between Local Finance teams, OpCo Controllers, Group Treasury, and external Banking Partners. - Standardize, mandate, and continuously update global Treasury & Bank Reconciliation Standard Operating Procedures (SOPs). 1. Bank Reconciliations & Cash Application Governance - Drive end-to-end governance of daily, weekly, and monthly Bank Reconciliations across global bank accounts, ensuring zero un-reconciled aged items. - Implement robust match-rule logic and automated workflows to achieve high straight-through processing (STP) rates for automated reconciliations. - Oversee open-item management, dispute resolution, and cross-functional coordination with RTR, OTC, and P2P teams to clear reconciliation breaks promptly. - Present monthly Treasury & Reconciliation Dashboards, KPIs, and risk metrics to Senior Management. 1. Bank Administration & Relationship Management - Oversee global Bank Account Lifecycle Management—including account opening, closing, KYC/AML compliance, mandate management, and authorized signatory updates. - Manage corporate bank fee structures, analyze bank charges, and optimize banking costs through negotiations and rationalize redundant bank accounts. - Govern electronic banking platforms, managing user access rights, SOD (Segregation of Duties) matrix, and security protocols across all banking portals. - Serve as the primary escalation point for banking operational issues, portal access management, and SWIFT/host-to-host connectivity. 1. Cash Planning, Liquidity & FX Management - Direct short-term and long-term Cash Flow Forecasting, daily cash positioning, and liquidity optimization (pooling/sweeping arrangements). - Ensure strict adherence to Group Credit, Investment, and Capital Allocation policies. - Support working capital optimization strategies and mitigate foreign exchange (FX) operational risks. 1. Process Transformation, IT & Automation - Champion digitalization initiatives within the Treasury COE, leveraging modern Treasury Management Systems (TMS), ERPs (SAP/Oracle), SWIFT messaging, and AI/RPA-driven auto-reconciliation tools. - Drive change management initiatives aimed at achieving process standardization, enhanced controls, and headcount/cost productivity. - Partner with Internal IT and ERP specialists to drive continuous system enhancements, host-to-host (H2H) interface setups, and automated bank statement (MT940/CAMT) processing. 1. Audit, Governance & Compliance - Serve as the primary contact for Statutory Auditors, SOX/Internal Auditors, and Global Compliance teams concerning Treasury and Bank Operations. - Enforce a bulletproof SOX control framework across all Bank Reconciliations and Bank Administration workflows. - Ensure timely and effective closure of audit observations with robust corrective and preventive action (CAPA) plans. **What you'll need:** Qualifications & Experience - **Education:** Experienced Graduate/post graduate or MBA in Finance from a top-tier institute. Treasury certifications (e.g., CTP, AMCT) are a strong plus. - **Experience:** 12 to 15 years of post-qualification experience with a major emphasis on **Treasury Operations, Bank Reconciliations, and Bank Account Administration** within a Global Shared Services (GSSC/GCC) or complex multi-national environment. - **Team Leadership:** Proven track record of managing medium-to-large teams (15+ team members) and managing global stakeholders across time zones. Technical & Functional Expertise - Deep expertise in **Bank Reconciliation workflows, complex cash clearing, and sub-ledger matching**. - In-depth understanding of **Bank Administration procedures, global banking rails (ACH, SWIFT, Finastra), and Bank Portals**. - Hands-on experience in **reconciliation modules** (ADRA) and dedicated **TMS / Reconciliation tools**. - Strong understanding of internal controls, Segregation of Duties (SOD), and SOX framework within financial operations. Soft Skills & Leadership Competencies - **Strategic Vision:** Ability to transform traditional transactional processes into a digital-first Center of Excellence. - **Stakeholder & Vendor Management:** Exceptional capability to build strong relationships with senior internal executive leadership and global banking partners. - **Problem-Solving & Negotiation:** Strong analytical mindset to resolve complex reconciliation breaks and negotiate bank fee structures/services. - **Change Agent:** Demonstrated success in leading digital transformation and automation projects in the RTR/Treasury space. **Who you are:** **You're open*:*** we are inclusive and collaborative; we encourage the free exchange of ideas; we respect and celebrate diverse views. We are open-minded: to new ideas, new partnerships, new ways of working. **You're optimistic*:*** we approach all that we do with confidence: to try the new and to seek the unexpected. **You're extraordinary:** We are stronger together: through collaboration we achieve the amazing. We are creative leaders and pioneers of our industry; we provide extraordinary every day. **What we'll give you:** **Passionate, inspired people** – we champion a culture of people that do extraordinary work **Scale and opportunity** – we offer the opportunity to create, influence and deliver projects at a scale that is unparalleled in the industry. **Challenging and stimulating work** – unique work and the opportunity to join a group of creative problem solvers. #LI-Hybrid **We believe the best work happens when we're together, fostering creativity, collaboration, and connection. That's why we’ve adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.** **WPP 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.** #### **Please read our Privacy Notice () for more information on how we process the information you provide.**