Team Leader Cash Application

Job Description

Due to expansion of the Credit management team in our Shared Service Centre in Apodaca we are looking for Team Lead Cash Application with good active English language level (both verbal and written).

In this role you will monitor your team’s performance for securing bank account reconciliation, tracking and addressing open unapplied cash, missing clearings and arrange their settlement. You will be in regular contact with persons securing collection and other departments within Danfoss.

Job Responsibilities

You & your team’s main tasks will further be to

· Secure daily allocation of incoming payments and reconciliation of bank accounts, based on solid organizational structure have back-up for any step in the process.

· Assess risk and perform related controls to evaluate validity of incoming payments.

· Follow up and communicate with internal customers to ensure cash is cleared timely, as well as cases where payments are not possible to clear, that they are resolved promptly.

· Building relationship with the Internal stakeholders and be the frontier for them to approach would there be any update / issue / escalation.

· Maintain accurate process execution to secure compliances with internal standards and procedures.

· Assess quality levels of cash allocation and clearings, as well as identifying short falls from performance levels and deviations from standard operational procedures.

· Identify root causes of issues causing processing issues. Report findings to management and suggest & perform possible courses of action to remedy.

· Collaborate with other Shared Service Centers to make one Danfoss way of handling incoming payments, applying cash and clearing accounts.

· Responsible for delivering training of new team members and others as needed, based on hands-on approach and own extensive experience within the Cash Application field.

· Handle special projects as assigned and take lead on identifying areas of improvement and/or automation options to enhance efficiency and quality. Lead and/or assist with the implementation of corporate wide system initiatives and upgrades; support and/or participate in User Acceptance Testing, and rollouts of new or enhanced technology and/or processes.

People management responsibilities

· Team leadership in daily operation including workload management for the team via tracking and reporting metrics, as well as securing a back-up structure allowing for individuals absence.

· Participating in hiring process, securing onboarding of new employees, hosting monthly one on ones and secure development of the individual team members.

· Provide training and coaching on soft and technical skills within the team.

· Secure guidance and communication of new processes and operational changes

· Secure communication across the team to ensure all key messages are shared.

Background & Skills

Requirements:

· Minimum high school education in area of accounting or relevant work experience

· Previous experience in supervision or leadership position in a high volume and time sensitive environment preferred, e.g. from in-house or outsourced Shared Service Centers

· B2/C1 level of English (mandatory)

· Organizational understanding and effective communication skills

· Ability to manage multiple tasks within demanding timelines.

· Leading by example with a hands-on approach – demonstrating detailed insights and full process overview – as well as skilled in doing trainings and secure learnings of others

· Self-motivated individual with a "can do" attitude paying attention to the details and a strong Think Danfoss & Do Business like your own attitude.

· Team player; Positive and open-minded attitude with high own engagement and motivation of others

· Solid SAP experience and system understanding within Cash Application and familiar with MS Office applic

Employee Benefits

Why joining Danfoss

We offer stability, friendly working environment, fair approach to employees, opportunities for personal and professional development as well as financial benefits.

 

• Bonus system
• Paid vacation
• Medical Insurance
• Opportunity to join Employee Resource Groups

Apply now and join our global finance community and work together with great colleagues and use your organizational talent to coordinate daily tasks with various stakeholders. Your eye for detail, your precise way of working and good communication skills creating value beyond numbers. Challenge yourself, use your potential and be a part of great project.

We work in hybrid model, more details can be shared by HR.

Request to applicants - please provide your application in English.

Danfoss – Engineering Tomorrow

At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.

Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.

Danfoss is an EO employer and VEVRAA Federal Contractor. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or other protected category.