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 WPP.com. 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 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). 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. 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. 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. 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 produ…