The Cash Application Manager will be responsible for daily cash management operations including transactions, flow of cash, bank account balance management, and report preparations. Ensure all cash management strategies are in line with the latest policies and procedures. Maintain Banking Relationships: Build and maintain relationships with banking institutions and manage organizational bank accounts. Liaise with banks for prompt resolution of any queries or issues. Compliance: Ensure compliance with internal controls, policies, procedures, and regulations related to cash management.
KEY RESPONSIBILITIES - ESSENTIAL FUNCTIONS
- Oversee the daily cash posting operations for 8-10 dedicated Cash App Specialist
- Maintain accurate financial records using Oracle, JDE, and spreadsheets
- Process daily cash applications, including Wire, ACH, ACH Debit payments
- Communicate with customers and internal teams to identify and resolve unapplied payments
- Work with the accounting team to assist in any monthly/quarterly/yearly balancing
- Identify and resolve payment discrepancies promptly
- Generate and process reports as requested by management
- Work closely with the finance, accounting, and collections teams to ensure the accuracy of financial data and timely resolution of issues
- Perform light general ledger tasks and reconciliations
- Assist with AR cleanup efforts to ensure accurate financial reporting
- Identify opportunities to streamline cash application processes, reduce errors, and improve overall efficiency
- Manage a queue of customer refund requests for overpayments and provide accurate validation of cash receipt and eligibility for refund
- Perform additional tasks as assigned
LEADERSHIP STRATEGY and RESPONSIBILITIES:
- This position’s leadership responsibilities involve developing others, building and maintain relationships, managing effective teams and work groups, and valuing diversity and difference
- Number of Direct Reports - 1
- Number of Indirect Reports - 8-10
COMPETENCIES - SKILLS
- Strong attention to detail and a commitment to accuracy
- Excellent verbal and written communication skills
- Ability to handle a high-volume workload efficiently and accurately
- In-depth understanding of accounts receivable functions
- Advanced Excel skills, including complex formulas and data analysis
- Experience leading, developing, and managing performance of a team
- Ability to effectively communicate with individuals at all levels of the organization, from team members to senior executives
- Experience being part of a leadership team driving transformation and strategy
EDUCATION AND EXPERIENCE
- High school diploma or equivalent required; bachelor's degree is preferred
- Minimum of 5 years of experience in cash applications and accounts receivable
- Minimum of 3 years of leadership experience
- Solid understanding and hands-on experience with cash applications, collections, AR aging, and domestic cash transactions
- Proficiency in Microsoft Office applications, particularly Excel
- Familiarity with Oracle Fusion software is a plus
JOB SPECIFICATIONS, PHYSICAL DEMANDS AND WORK ENVIRONMENT
- Work Environment: This position is in Alpharetta, GA and operates in a professional office environment.
- Positions Type/Standard Schedule: This is a full-time position; First 2 weeks of hire will be onsite Monday-Friday; Hybrid - 3 days in the office after that.
- Travel: Travel is not expected for this position.
Disclaimer
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Our BenefitsWheels recognizes benefits are a significant part of your employee experience, and we've created a robust benefits package that is market-leading, competitive offerings so you and your family can receive outstanding care. Please click here for an overview of the benefits available to you and your family.
Pay Range:
$78,900-$110,500The base salary range for this position is listed above. This position is eligible to participate in the annual incentive plan which is based on company performance and individual performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience, education, certifications, skill level and expertise, and may vary from the amounts listed here.
EEO StatementWheels is a Drug-Free Workplace. All employment is contingent on successful completion of drug and background screening.
Wheels is an equal opportunity affirmative action employer and administers all personnel practices without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, marital status or domestic partnership status, disability, protected veteran status or military status, genetic information, or any other category protected under applicable law. Wheels is committed to taking affirmative steps to promote the employment and advancement of minorities, women, persons with disabilities and protected veterans.
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What We Do
Wheels is the power of Wheels, Donlen, and LeasePlan USA coming together as one team – all united with a passionate commitment to customer service. As one of the largest fleet management companies in North America, Wheels features a portfolio of 800,000 vehicles under management across the continent, a global alliance in 59 countries, and a client base that consists of some of the best-known businesses in the world. No matter the industry type or business size, we’re proud to work across sales and service fleets, trucks and equipment, and last mile delivery to ensure we power your potential. Your success is our success. Together let’s go far.
