Cash Allocations Team Lead
1 week ago
Thermo Fisher Scientific is seeking a skilled and experienced Cash Allocations Team Lead to oversee the operations and performance of the Cash Allocations team. The primary objective is to ensure the timely and accurate processing of daily bank statements, achieve all Accounts Receivable (AR) targets relating to unallocated cash receipts while ensuring adherence to Service Level Agreements (SLAs).
Responsibilities:
- Responsible for performance management and development of the team through regular 1-1s and portfolio reviews
- Responsible for achieving direct team's target by daily management of Key Performance Indicators related to cash application and adherence to Service Level Agreements
- Prepare root cause analysis for misses and work on continuous performance improvement.
The ideal candidate will have excellent leadership skills, ability to inspire and motivate team members, set clear expectations, and provide guidance and support. A strong problem-solving skillset is also essential in order to handle complex situations, identify root causes, and develop effective solutions.
Skill & Qualifications Required:Key Skills:
- Demonstrated strong leadership skills, ability to inspire and motivate team members, set clear expectations, and provide guidance and support.
- Effective communication skills are critical in order to convey expectations, provide feedback, and lead successful negotiations.
- Strong problem-solving skills to handle complex situations, identify root causes, and develop effective solutions.
- Excellent organizational skills: being able to prioritize tasks, manage multiple projects simultaneously, and meet deadlines.
Qualifications & Experience:
- Proficient in English.
- University or College degree.
- 6+ years of experience in a Cash Application function and 3+ years of experience leading an operational team in a fast-paced AR environment.
- Proficiency in relevant software applications (e.g., SAP, Oracle, JD Edwards).
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