Job Title: Senior Manager | F&A Operate: All | Delhi | Finance Transformation
· Responsible for overseeing collections activities for North America and Canada customers
· Establish goals & metrics of the process and drive, co-ordinate team to meet and exceed them
· Accountable to drive results to enhance business performance
· Resource forecasting basis volume projection and availability of current resources
· Drive internal audits and propose improvements relevant to Cash and Collection value stream
· Manage risks and controls; promote a culture of transparency
· Design, develop and improve collection strategies to reduce past due and unapplied cash to optimize productivity
· Establish contacts/relationship with key stakeholders and have regular connect to resolve complex operational issues
· Support continuous improvement, including processes, systems, targeted to improve cash & collection efficiencies
· Review team performance on parameters of quality of notes, # of conversation follow-ups, call quality, account penetration, timely cash application, un-applied & un-identified cash
· Drive cash calls on regular intervals towards closure of all open issues
· Drive past due reduction and reduce DSO to help business meet their goals
· Be proactive and encourage innovate ideas to improve service deliverables, based on improved performance/efficiency and with an understanding of risk
1. People Management
· Responsible for team performance
· Plan team capacity, allocate work accordingly and address potential bottlenecks/ backlogs proactively
· Develop, and train team members to ensure a positive, open, and flexible work environment
· Manage and motivate team members to have a better rate of retention
· Should guide and coach team members to help them achieve their short-term and long-term goals
· Ensure all published reports are correct and errorless
· Develop a specific management culture for shared services aiming efficient service delivery
· Conduct regular team meetings, share cash and collection goals, and provide feedback on teams’ performance.
· Initiate 1x1 and performance appraisal discussions with team and share a constructive feedback
2. End-to-End Process Improvements
· Ensure adherence to internal and external guidelines as well as to a standardized process landscape
· Contribute ideas and actions towards the continuous improvement of processes within area of influence
· Initiate and support process improvement initiatives and related projects
3. Relationship Management
· Respond stakeholders on a timely manner
· Maintain a positive cross functional relationship with other teams of OTC
Should be a part of the extended leadership team of PBU CFO