Job at a glance
Description de l'entreprise UTAC is a market-leading international group in digital & sustainable mobility, customisable testing solutions, customisable testing systems, vehicle engineering, homologation, regulatory advice & expertise, certification, training, corporate events and classic & sportscars festivals. The Group provides services and systems to customers in the various sectors: mobility, transport, tyre, petrochemical, agriculture and defence industries.
UTAC operates test centres and laboratories in France (including the official Euro NCAP facility), the UK, USA, Finland, Morocco, and Germany; it has subsidiaries in China, Korea and Japan. UTAC employs around 1300 people across its various locations. As a group we share a strong and clear vision to deliver safe and efficient solutions and systems to our customers. We are proud and confident in our heritage, our capabilities and our people and believe that by creating a culture where individuals feel they can make a difference and enjoy coming to work, we can deliver the best possible service to our customers.
Our core values of  Expertise, Innovation  and  Integrity  provide a clear daily guide to how we work together safely, as one team, helping each other to succeed. Description du poste We are seeking a results-driven and analytical Group Working Capital Manager to lead the end-to-end optimization of working capital across UTAC Group. Reporting directly to the Group CFO, this strategic role owns the Cash Conversion Cycle (CCC), optimizing liquidity, and managing cash performance across all business lines, subsidiaries, and geographical locations.
The ideal candidate will combine deep expertise in cash management, accounts receivable/payable processes, and operational finance to unlock trapped cash, strengthen free cash flow (FCF), and build robust forecasting models. Key Responsibilities 1. Working Capital Strategy & Optimization Design, implement, and oversee the group-wide Working Capital Strategy to align with UTAC’s overall financial and growth objectives.
Drive continuous improvement initiatives across the Cash Conversion Cycle (CCC) , focusing on reducing Days Sales Outstanding (DSO), Overdues (OD), optimizing Days Inventory Held (DIH), and strategically managing Days Payables Outstanding (DPO). Set periodic working capital targets and KPIs for regional finance and business units, monitoring performance against targets regularly. 2. Cash Management & Liquidity Planning Oversee global cash positioning, liquidity forecasting, and cash flow operations, ensuring sufficient liquidity to meet operational needs and strategic investments.
Design & implement cash pooling structures, minimize bank fees, and maximize yield on short-term cash surpluses. Direct the preparation of rolling short-term (weekly/monthly) and long-term cash flow forecasts, tracking variance analysis to continuously improve forecasting accuracy. 3. Operational Process Ownership (AR, AP, and Inventory) Accounts Receivable (AR): Partner with commercial and billing teams to streamline order-to-cash (O2C) workflows, enforce credit risk policies, manage collections proactively, and reduce overdue accounts.
Maximization of Factoring implementation. Accounts Payable (AP): Collaborate with procurement to optimize procure-to-pay (P2P) cycles, capturing early payment discounts where beneficial while strategically leveraging payment terms. Explore & possibly implement reverse factoring solutions Inventory Management: Work closely with supply chain, operations, and procurement teams to evaluate inventory levels, identify slow-moving or obsolete stock, and enforce optimum stock rotation policies.
4. Cross-Functional Leadership & Business Partnering Act as the primary bridge between Corporate Finance and operational business units (Supply Chain, Sales, Procurement, and Legal) to embed a cash-conscious culture across the organization. Lead cash calls &