Cash Team Leader recruitment
You will support daily cash operating processes by ensuring accuracy in daily cash balancing, account reconciliations and management of unapplied cash. You will manage a team of approximately 5 Cash Application Specialists and 4 Cash Operations Specialist.
About Us
GE Capital EMEA is one of the region’s largest commercial and consumer lenders with over $80 billion in assets, 19,000 employees, more than five million customers and operations in 19 countries.
Working Capital Solutions leverages the financial solutions and industry expertise of GE Capital to offer Accounts Receivable management on a global basis to GE and its affiliates. We offer a full range of Accounts Receivable management, including financing and servicing solutions through our world class people, processes and technologies. With over $50B receivables purchased annually and $10B of assets managed in 2011, Working Capital Solutions provides credit and collections services through five Centers of Excellence and over 15 locations globally.
Essential Responsibilities
•Lead a team of cash applications specialists cash operations specialists in accordance with company/regulatory policies and procedures; serve as technical expert and hire, train, develop and coach team members.
•Ensure timely, accurate, and complete reconciliation of all accounts; troubleshoot highly complex, unusual or problematic situations.
•Manage daily cash application processes resolution of unapplied cash including but not limited to approving Cash transfer workflow requests, overseeing check handling, executing unclaimed property due diligence, and managing and solving issues escalated by team members.
•Minimise operational risk by leveraging operational controls, identifying suspicious/inconsistent activity, notifying appropriate parties, and taking appropriate action.
•Partner with Cash Integrations to transfer Cash Operations activities.
•Help develop, document, and maintain Standard Operating Procedures (SOP).
•Drive improvement projects and implement new procedures designed to drive simplification, standardization, and compliance.
•Develop reports and metrics, and own and drive data integrity and completeness; provide performance updates to Cash Manager and internal customers (through cash calls).
•Act as the back-up for the Cash Manager
Qualifications/Requirements
•Bachelor’s Degree and / OR direct experience in operations, accounting or finance field.
•Experience in customer service/administrative services roles.
•Cash applications experience.
•Management experience.
•Proficient in Microsoft Office Suite to include: Word, Excel, PowerPoint, and Outlook.