Note: The job is a remote job and is open to candidates in USA. UL Solutions is a pioneering company focused on safety science, and they are seeking a Senior Manager of Cash Operations Management and Compliance. This role will lead cash management operations, optimize working capital, and ensure compliance with financial regulations while driving process improvements across the organization.

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

Skills

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field required
• 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
• Master's degree or MBA
• CPA Preferred

Benefits

• Annual bonus compensation with a target payout of 20% of the base salary
• Health benefits such as medical, dental and vision
• Wellness benefits such as mental and financial health
• Retirement savings (401K) commensurate with the standard rewards offered in each individual location or country
• Paid time off including vacation (15 days)
• Holiday including floating holidays (12 days)
• Sick time off (72 hours)

Company Overview