Sr. Team Leader, Cash Application

Overview

This role oversees and guides the Cash Application team to ensure payments are applied accurately and on time. The position requires strategic thinking, advanced problem-solving, and leadership to manage complex workflows and drive process improvements. Responsibilities include managing the flow of cash into the organization and its subsidiaries with a strong focus on compliance, financial risk mitigation, and operational excellence.

Responsibilities

• Oversee and ensure accurate, timely application of customer payments to receivable accounts through advanced leadership and team development.
• Collaborate with Receivables, Customer Service, and other internal stakeholders to resolve customer posting issues or misapplied cash promptly.
• Lead and manage daily, monthly, quarterly, and annual close processes and reporting with increased oversight.
• Coordinate and interface with the organization’s bank and Accounting team to ensure seamless integration with the General Ledger and daily cash/accounts receivable journal entries.
• Design, streamline, and execute processes and procedures that incorporate controls to mitigate financial risk while emphasizing transaction efficiency and accuracy.
• Identify and drive process improvement and automation opportunities in partnership with relevant functions.
• Respond to financial information requests from internal and external stakeholders, including internal and external auditors, with a higher level of detail and accuracy.
• Oversee onboarding and integration of subsidiaries and new acquisitions to ensure smooth transitions and compliance with financial policies.
• Work with Treasury and IT to coordinate lockbox activity, resolve file issues with various banks (incoming and outgoing), and represent operations on bank or Treasury initiatives.
• Provide leadership to the team, including holding team meetings and one-on-ones, setting goals, delivering metrics, and conducting performance reviews.
• Coordinate work distributions, training schedules, PTO and holiday coverage calendars, and oversee process documentation.
• Mentor and develop team leaders by providing guidance and support to ensure consistent leadership across the department.
• Proactively identify and adopt opportunities to integrate AI and automation technologies into operational processes to scale operations, reduce reliance on manual processes, and mitigate operational risks.

Minimum Required Qualifications

• At least 1 year of proven senior leadership experience in finance-related fields.
• 7+ years of financial experience in Accounts Receivable, banking, Accounts Payable, or another applicable area.
• 1–3 years of experience managing high-level financial processes and teams.
• Must successfully pass a background investigation and drug screening.

Preferred Qualifications

• Extensive experience with Accounts Receivable reconciliations.
• Deep understanding of a wide range of cash management and Treasury products and technologies.
• Advanced knowledge of Accounts Receivable processes and systems in a high transaction volume environment.
• Demonstrated ability to lead meetings effectively, manage multiple projects concurrently, and drive strategic initiatives.
• Strong attention to detail and organizational skills, including the ability to prioritize, delegate, and manage complex tasks.
• Exceptional ability to work with, motivate, and develop a team—leveraging individual strengths and fostering a collaborative environment.
• Enthusiasm for automation, AI, and emerging technologies, with a desire to explore their application in business processes.

Compensation & Benefits

• Pay Range: $70,800.00 - $84,000.00
• Base pay reflects the anticipated low and high end of the range; actual pay varies based on qualifications, skills, competencies, and role fit.
• The role is part of a total compensation package.
• Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan.
• Benefits may include: health, dental, and vision insurance; retirement savings plan; paid time off; health savings account; flexible spending accounts; life insurance; disability insurance; tuition reimbursement; and more.

Location

• Location not specified in the provided description.