[Hiring] Senior Team Leader, Cash Application @WEX

Role Description

The Senior Team Leader is responsible for overseeing and guiding the Cash Application team, ensuring that all processes are conducted efficiently and accurately. This role requires a strategic mindset, advanced problem-solving skills, and a higher level of leadership to manage complex tasks and drive process improvements. A Senior Team Leader will manage the flow of cash into WEX and its subsidiaries with a strong focus on compliance, financial risk mitigation, and operational excellence.

• Oversee and ensure the accurate and timely application of payments received from customers to receivable accounts by providing advanced leadership and development to the team.
• Collaborate closely with Receivables, Customer Service, and other internal stakeholders to resolve issues with customer postings or misapplied cash promptly.
• Lead and manage the daily, monthly, quarterly, and annual close processes and reporting with a higher level of oversight.
• Coordinate and interface with WEX Bank and the WEX Accounting team, ensuring seamless integration with the General Ledger and daily cash/accounts receivable journal entries.
• Design, streamline, and execute processes and procedures that incorporate controls to mitigate financial risk while emphasizing efficiency and accuracy of transactions.
• Identify and drive process improvement and automation opportunities, working with respective functions to implement suggestions.
• Respond to requests for financial information from internal and external stakeholders, including internal and external auditors, with a higher level of detail and accuracy.
• Oversee the onboarding and integration of subsidiaries and new acquisitions, ensuring smooth transitions and compliance with financial policies.
• Work closely with the Treasury and IT groups to coordinate lockbox activity, resolve file issues with various banks (both incoming and outgoing), and represent operations on bank or Treasury initiatives.
• Provide leadership to the team, including holding team meetings and one-on-ones, setting goals, delivering metrics, and conducting performance reviews.
• Coordinate work distributions, training schedules, PTO and holiday coverage calendars, and oversee process documentation.
• Mentor and develop team leaders, providing guidance and support to ensure consistent leadership across the department.
• Proactively identify and embrace opportunities to integrate AI and automation technologies into operational processes.

Qualifications

• 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 in managing high-level financial processes and teams.
• Must successfully pass a background investigation and drug screening.

Requirements

• Extensive experience with Accounts Receivable reconciliations.
• Deep understanding of a wide range of cash management and Treasury products and technologies.
• Advanced knowledge of Accounts Receivable processes and systems in a high transaction volume environment.
• Proven ability to lead meetings effectively, manage multiple projects concurrently, and drive strategic initiatives.
• Strong attention to detail and organizational skills, including the ability to prioritize, delegate, and manage complex tasks.
• Exceptional ability to work with, motivate, and develop a team, leveraging individual talents and fostering a collaborative environment.
• Enthusiasm for automation, AI, and emerging technologies, with a desire to explore their application in business processes.

Benefits

• Health, dental and vision insurances.
• Retirement savings plan.
• Paid time off.
• Health savings account.
• Flexible spending accounts.
• Life insurance.
• Disability insurance.
• Tuition reimbursement.
• Comprehensive and market competitive benefits designed to support personal and professional well-being.

Pay Range

$70,800.00 - $84,000.00