Group Lead Order to Cash
CPSIAbout the role
The Order to Cash (O2C) Accounting Leader is responsible for the end-to-end strategic management of the Order to Cash process, ensuring timely, accurate, billing, credit and collections, and cash application process Additionally, this leader will help build out a O2C Center of Excellence team to streamline and audit workflows to reduce errors and improve the overall orders to cash efficiency . This role partners closely with Sales, Operations, and Legal to improve processes, optimize working capital, and ensure seamless client experience.
These Goals and objectives are not to be construed as a complete statement of all duties performed; employees will be required to perform other job-related duties as required. Goals and objectives are subject to change.
All activities must comply with Equal Employment Opportunity laws, HIPAA, ERISA and other regulations, as appropriate.
Essential Functions: In addition to the activities as prescribed above, specific responsibilities of this role may include:
- Lead the Billing, Credit and Collections, and Cash Application team, establish and monitor monthly department and individual collection goals, based on measurable results
- Manage the day-to-day operations of the team and be the go-to person for the day-to-day operational support of the team, provide guidance, analysis and resolve issues
- Focus on KPIs to ensure customer payments are made according to agreed terms
- Manage accounts receivable aging and bad debt reserves and write-offs
- Support cash application team to ensure timely and accurate cash application
- Coordination of dispute resolution in cooperation with Sales, Operations and Legal functions
- Lead the team to peak performance, streamline processes, drive change, generate efficiencies and establish, improve and document credit and collections related processes and controls in alignment with Company policies
- Support Corporate Controller in cash management and forecasting processes
- Conduct analysis and full understanding of customer base and related risk, review hold and blocked lists
- Manage interaction and communication with credit and collections agencies
- Evaluate proper staffing levels and facilitate the staffing, training, motivation and development of the team
- Strong leadership experience with an analytical, collaborative, and positive mindset
Staff Management
Responsible for ensuring area of responsibility has the talent and resources to meet short- and long-term organizational goals as well as ensuring maximum productivity and performance. Responsibilities include, but are not limited to:
- Proactively recruit, screen, and select candidates for current and future resource requirements.
- Effectively orient new hires to ensure a positive and productive employee engagement experience.
- Ensure structure and hiring plans (within budget) are appropriate for performance and productivity levels required.
- Utilize the company’s performance management program as designed to align individual performance to overall performance objectives. Meet all completion requirements at a high quality level. Provide ongoing performance feedback. Identify and take appropriate action for non-performance.
- Ensure each employee has a yearly performance review that is reviewed with employee and the review to be sent to Human Resources each year.
- Ensure each employee has a clear and thorough understanding of their role and responsibilities. Keep job descriptions current for each position.
- Actively support and participate in organizational development and training programs. Meet all completion requirements at a high quality level.
- Mentor, guide, and coach direct reports in order to expand their capabilities and performance.
- Communicate all corporate matters in a positive and timely manner as directed by Corporate Communications or senior managements.
- Administer all internal policies and procedures in accordance with corporate, human resources, budgetary, and finance guidelines. Ensure accuracy of staff data records.
- Comply with all employment laws and regulations including, but not limited to, equal employment opportunities for all.
Minimum Requirements:
Education/Experience/Certification Requirements
- Minimum of 5 years of experience in a similar role
- Bachelor’s/Master’s degree in Business or Accounting
Skills/ Competencies
- Advanced MS Excel skills
- External and internal customer-orientation and engagement
- Strong communication, interpersonal and problem solving skills
- Demonstrated leadership and motivational skills
- Analytical and organizational abilities
- Solid time manag
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