The Cash Applications Manager is responsible for coordinating and overseeing the daily cash application processes.
Revise and maintain cash application policies and procedures to ensure changing business requirements are met. Provide guidance to staff to problem solve.
Manager may also supervise cash application, data entry and adjustments as needed. Reviews daily, weekly, and monthly reporting related to team member performance and cash application and acts when performance does not meet targets and objectives.
Partnering with key stakeholders. Anticipate, measure, and mitigate risk of any changes to operations. Manage Bank relationships for cash receipts and lockbox activity and partner with Treasury to drive new enterprise initiatives like banking changes, new integration, etc.
Lead and support OTC projects portfolio.
Responsibilities : (Please specify % amount against each responsibility)
30% Process Performance : Ensure Right reporting, metrics and operational ownership is established. Monitor KPIs and targets included in our SLAs.
Represent cash application in issues resolution by performing root cause analysis and presenting plan to prevent future issues in the future.
20% People Management : Provide feedback for annual evaluations, improve over time, coordinate staff schedules and workflow, resolve staff issues.
Develop, coordinate and Assists in month end closing.
20 % Stakeholder Management : Partner with cross - functional stakeholders, partner with Treasury to drive new enterprise initiatives like banking changes, new integration, etc.
15% - Compliance : Drive compliance to global process standards and controls. Guarantee all Cash processes are aligned with our Minimum Acceptable procedures.
15% Process Improvement : Lead and support OTC Projects Portfolio in conjunction with the OTC Senior Manager and Head o Finance and Accounting.