Senior Team Leader, Cash Application

🔥 12 hours ago

🇺🇸 United States – Remote

💵 $70.8k - $84k / year

⏰ Full Time

🟠 Senior

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 0%

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WEX

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1983

🏥 Healthcare

📦 Logistics

✈️ Travel

💰 $310M Post-IPO Debt on 2020-06

Healthcare • Logistics • Travel

WEX is a global commerce platform specializing in various business solutions to address operational challenges. They provide services in managing and mobilizing fleets with their fuel card systems, offering comprehensive fleet management and analytics. Additionally, they focus on business payments solutions that streamline processes across industries, enhancing efficiency and security. WEX is also involved in employee benefits administration, helping organizations effectively manage health and reimbursement accounts. Their diverse range of services caters to numerous sectors, emphasizing innovation, sustainability, and effective solutions for business growth.

📋 Description

• Oversee accurate and timely application of customer payments to receivable accounts • Provide leadership and development to the Cash Application team • Collaborate with Receivables, Customer Service, and internal stakeholders to resolve posting and misapplied cash issues • Lead daily, monthly, quarterly, and annual close processes and reporting • Coordinate with WEX Bank and WEX Accounting on General Ledger integration and cash/accounts receivable journal entries • Design, streamline, and execute controlled processes to mitigate financial risk • Drive process improvement and automation initiatives • Respond to financial information requests from internal and external stakeholders and auditors • Oversee onboarding and integration of subsidiaries and acquisitions • Coordinate lockbox activity and bank file issues with Treasury and IT • Hold team meetings and one-on-ones, set goals, deliver metrics, and conduct performance reviews • Coordinate work distribution, training schedules, PTO and holiday coverage • Maintain process documentation • Mentor and develop team leaders • Integrate AI and automation technologies to scale operations, reduce manual processes, and mitigate operational risks

🎯 Requirements

• 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 • Extensive experience with Accounts Receivable reconciliations • Deep understanding of cash management and Treasury products and technologies • Advanced knowledge of Accounts Receivable processes and systems in a high transaction volume environment • Ability to lead meetings effectively, manage multiple projects concurrently, and drive strategic initiatives • Strong attention to detail and organizational skills, including prioritization, delegation, and management of complex tasks • Ability to work with, motivate, and develop a team • Enthusiasm for automation, AI, and emerging technologies

🏖️ Benefits

• Health, dental and vision insurances • Retirement savings plan • Paid time off • Health savings account • Flexible spending accounts • Life insurance • Disability insurance • Tuition reimbursement • Quarterly or annual bonus eligibility for non-sales roles