We are partnering with a leading multinational company in the food and beverage industry to identify a
Net Working Capital and Cash Planning Manager for its Finance organization in İstanbul, Türkiye.
This position plays an important role in enhancing cash flow, improving working capital efficiency and supporting sustainable business performance. The successful candidate will work with finance, customer receivables, shared services, treasury and technology teams to identify opportunities, implement practical solutions and improve financial outcomes across the business.
Key Responsibilities:
- Lead centralized cash flow forecasting and working capital planning processes across the Türkiye organization.
- Consolidate and monitor actual and projected cash flow statements by combining financial reporting, operational assumptions and channel-level forecasts.
- Drive initiatives to improve cash flow performance and cash conversion by identifying opportunities to accelerate customer collections and optimize supplier payment cycles in line with contractual terms and business requirements.
- Collaborate with relevant teams on customer and supplier contract renewals, payment terms and other commercial arrangements to support working capital optimization.
- Coordinate closely with FP&A, Channel Finance, Accounts Receivable and Shared Services teams to improve cash forecasting accuracy and working capital visibility.
- Monitor and analyze key working capital drivers, including Days Sales Outstanding, Days Payable Outstanding, Days Inventory Outstanding, collections, payment cycles and operational cash conversion performance.
- Support the achievement of Free Cash Flow and working capital targets through regular tracking, financial analysis, performance monitoring and proactive coordination of improvement actions.
- Work closely with Digital Technology teams and relevant stakeholders to improve ERP based data flows, finance systems and cash reporting infrastructure.
- Act as a key interface between Finance and Group Treasury systems and platforms, supporting effective process management and related improvement initiatives.
- Coordinate with operational and shared service teams regarding payment, collection, reconciliation and cash management processes.
- Support finance transformation and process improvement initiatives related to treasury coordination, digital payment and collection solutions, finance digitalization and operational efficiency.
- Actively contribute to system development, system integration and automation projects aimed at improving financial processes, data quality, reporting capabilities and cash management efficiency.
- Contribute to projects involving supplier financing, receivables management and cash optimization initiatives when required.
- Interpret balance sheet, income statement and cash flow impacts of operational and financial transactions, including tax payments, accruals and working capital movements.
- Contribute to budgeting, forecasting, financial modeling and scenario analysis, ensuring a clear understanding of the financial and operational drivers affecting cash flow.
- Prepare management reports, scenario analyses and cash outlook presentations for senior finance leadership.
- Lead and coordinate cross-functional improvement initiatives, working with multiple stakeholders to implement sustainable solutions, manage change and ensure effective execution.
- Prepare management reports and cash flow outlooks, ensuring financial information is accurate, timely and useful for decision-making.
Qualifications:
- Bachelor's degree in Economics, Business Administration, Industrial Engineering or related fields.
- At least 10 years of relevant finance experience, preferably in FP&A, financial controlling, audit, treasury coordination, working capital management or related finance functions.
- Strong understanding of financial statements, accounting principles and IFRS, with the ability to interpret balance sheet, income statement and cash flow movements resulting from operational and financial transactions.
- Demonstrated experience in budgeting, financial modeling, forecasting and scenario analysis.
- Good understanding of treasury operations, cash management, working capital dynamics and cash conversion improvement opportunities.
- Experience in identifying and implementing initiatives to improve collections, payment terms, working capital efficiency or cash flow performance is a strong advantage.
- Experience with ERP systems and finance data structures, preferably SAP.
- Hands-on involvement in finance system development, system integration, reporting infrastructure, automation or digital finance projects.
- Knowledge of digital payment solutions, supplier financing, receivables management, payment and collection solutions or fintech-related finance processes is an advantage.
- Previous audit experience, particularly with a Big Four firm, is a strong asset.
- Demonstrated experience in process improvement, finance transformation, change management or cross-functional projects.
- Previous team management experience, with the ability to guide and motivate colleagues and coordinate initiatives across different functions.
- Strong stakeholder management and influencing skills, including the ability to gain alignment across finance, sales, operations and technology teams without direct reporting authority.
- Proactive, energetic and results-oriented approach, supported by strong analytical, problem-solving and communication skills.
- Advanced English communication skills, both verbal and written.
If you are interested in this challenging position we are looking forward to receiving your comprehensive application for
ref.no. 112.572 preferably through our
ISG career portal or via email.
Visit isg.com/jobs/search - here you can find new job offers every day.