AstraZeneca Pharmaceuticals LP C2C Cash Generation Lead in Cambridge, United Kingdom

At AstraZeneca every one of our employees makes a difference to patient lives everyday. In Finance you may not feel you're at the frontline of research but your role in changing patients' lives is critical. Our mission is ambitious and it takes the skills of a collaborative team to really deliver on what science can do and to always put patients first.

A new operating model is being established for AZ Finance, which includes the establishment of a new organisation, Integrated Finance Solutions (IFS). IFS will provide services for FP&A, Record to Report, Tax and Treasury to customers in Commercial (International and Europe), Science, Operations & Enabling Functions..

IFS services will be delivered from 3 regional service centres in EMEA, Asia Pacific and the Americas, with a small central management team in the UK. Altogether, IFS Global Services will have a combined team of approx. 250 FTE.

The Contract to Cash (C2C) Cash Generation Lead will be part of the management group in the UK and will focus on driving sustained improvement in customer terms and supporting the cash agenda for AZ. As best in class finance support becomes ever more important, this role offers you the chance to work as part of the recently established and growing finance function based in Cambridge.

We are looking for a candidate with relevant expertise and experience, but more importantly a problem solver, simplifier, integrator, connector and communicator. A change agent who challenges, works with an agile, positive mindset, and has the ability to think differently and make it happen.


In the C2C Cash Generation Lead role you will specifically focus on driving sustained improvement in the broad customer terms landscape, covering terms improvement, receivables financing, terms standardisation. You will also lead cash generation activities and drive the cash agenda across all AstraZeneca commercial regions.

You will set targets and lead monthly / quarterly forecasting, budgeting and long term planning activities for trade receivables. including setting DSO targets in consultation with the regional finance teams.

Investigating new financing opportunities including an assessment of cost/liquidity/risk and compliance aspects. You will engage with banks and financial institutions to support financing arrangements, such as receivables financing and maintain a portfolio of factoring facilities across the group that generates $2bn of cash every month.

Reporting and analysis will be a key activity reviewing and co-ordinating monthly trade receivables reporting for the global business, issuing guidance on the reporting of one-off items, such as product divestments And providing commentary and insight on performance versus prior year / forecast / budget. This information will then be presented to senior leaders for review

As the operating model evolves compliance and process improvement will be key and you will need to engage with technical and legal specialists to ensure compliance with IAS 39, along with supporting the ‘Contract to Cash’ process tower with delivering process improvement initiatives.

Building a network and business partnering with regional financial controllers / country CFOs / group finance teams is a key part of this role - Supporting/ challenging / influencing leaders across AstraZeneca to improve contract terms with key customers.

Keeping up to date on external activity in this space and benchmarking AstraZeneca's receivables and cashflow performance versus industry peers using publicly available information, such as annual reports, including DSO, overdue debt, bad debt provisions and factoring will allow you to promote and drive the working capital / cash generation agenda across the business for AZ to become best in class.

Essential Skills/Experience for the role:

  • Degree or equivalent professional qualification

  • Strong numerical and analytical skills

  • Up to date knowledge of developments within the wider Finance function and understanding of how changes may affect the function (or be leveraged to drive continuous improvement).

  • Significant experience of global technology implementations (ERP)

  • Proven ability to manage multiple projects/tasks effectively

  • Proven experience of change management

  • Demonstrated success working in a team environment

  • Demonstrated success building cross-functional global networks and stakeholder management

  • Experience of implementing significant business change across different national and business boundaries

  • Ideal candidates will have relevant industry and process experience including benchmarking

  • Strong written and verbal communication skills

  • Oral and written fluency in Business English

  • Ability to use a range of influencing techniques

AstraZeneca is an equal opportunity employer. AstraZeneca will consider all qualified applicants for employment without discrimination on grounds of disability, sex or sexual orientation, pregnancy or maternity leave status, race or national or ethnic origin, age, religion or belief, gender identity or re-assignment, marital or civil partnership status, protected veteran status (if applicable) or any other characteristic protected by law. AstraZeneca only employs individuals with the right to work in the country/ies where the role is advertised.