Job Description
Key job responsibilities
• Be an expert in the cash application processes such as unapplied and unidentified cash management.
• Providing guidance and expertise to the team using industry best practices and expertise
• Prepare reporting on cash movements, month end reporting, ad hoc reporting and other requests
• Support creation and implementation of strategies to increase the percentage of timely payment application
• Analyzing data to help uncover patterns, root cause, or opportunities and organize into compelling business cases for AR optimization and performance improvement
• Reporting on progress of the Cash Application function to senior leadership by contributing and actively participating in the Monthly Business Review process
• Communicate internally or externally to identify issues and propose solutions for long term sustainability of processes
• Willing to create and implement standard operating procedures, quality guidelines and process workflows
GAR (Global Accts Rec) is looking for a proactive, customer and people centric Finance Team Leader to support the Cash application process. The role will involve working with the team to ensure the timely
- Bachelor's degree or above in finance, accounting or related field
- • Thorough knowledge and understanding of all Cash Applications processes including
- o Cash Processing and Reconciliation
- o Query Resolution
- • 6+ years of experience in Accounts Receivables and a minimum of 4 years’ experience in Cash application experience
- • Demonstrate ability to lead diverse talent within a team, work cross-functionally, and build consensus on difficult issues
- • Excellent negotiation, interpersonal, verbal and written communication skills
- • Proficiency in Microsoft Excel and Word
- • Experience in identifying process gaps, driving process improvements and operational efficiency projects
- • Post-graduation or a Master’s Degree Accounting/Finance or a related field
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