Cash Application Team Lead
4 days ago
Job Overview
We are seeking a seasoned leader to join our team as a Cash Application Team Lead. This role will be responsible for the operations and performance of the Cash Allocations team.
Key Responsibilities:
- Responsible for the daily management of Key Performance Indicators related to cash application and adherence to Service Level Agreements.
- Lead the reconciliation process to ensure a strong receivable, in collaboration with the credit & collections teams.
- Collaborate closely with the Credit & Collections, Treasury and Accounting teams to improve quality and cash flow and to ensure efficient processes.
- Provide support in resolving unreconciled items and unknown customer receipts.
- Maintain accurate documentation and information in compliance with existing processes and regulations.
- Ensure smooth performance of month end activities such as account reconciliation, general ledger close and cash reporting.
- Collaborate effectively with Internal and External Audit teams to facilitate testing procedures.
- Drive a culture of continuous process improvements with the goal of creating lean processes and standardization.
Requirements:
- 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: prioritize tasks, handle multiple projects simultaneously, and meet deadlines.
- Working collaboratively with other departments.
- Flexibility and adaptability to changing business needs and priorities.
- Excellent attention to detail to ensure accuracy in processing, documentation, and reporting.
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