Manager Cash Allocations

This job is with Thermo Fisher Scientific, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Job Description

Business Job Title: Manager Cash Allocations

Career Band: 07

Career Track: Management

Position Location: Manila, Philippines

At Thermo Fisher Scientific, you will engage in challenging tasks as part of a team that values dedication, quality, and innovation. As a member of a successful, growing global organization, you will be empowered to excel.

Position Summary

Lead a team in the Order to Cash (OtC) function to ensure timely and accurate payment application, meeting Accounts Receivable (AR) targets and maintaining cash application SLAs.

The position is well-suited for an individual with exceptional relationship-building skills, effective leadership capabilities, and expertise in managing teams. Previous experience in a comparable managerial role within cash allocations and a drive to meet key performance indicators are essential to comprehend the intricacies of this position.

Responsibilities

• Lead employees and teams of employees, by setting and monitoring performance goals and objectives, prioritizing activities, and ensuring timely and effective delivery of issue resolutions.
• Support the talent development strategy within the function through regular 1-1s and skip level discussions.
• Tasked with defining critical metrics and evaluating operational performance against targets for the direct team to develop accurate forecasts.
• Effectively work with the Treasury team to ensure smooth operation of bank accounts.
• Deliver clear and proactive communication and business partnering with support business divisions and key global partners (e.g: OtC Credit & Collections teams, Accounting teams, Treasury etc.).
• Promote the continuous improvement methodology within the teams to foster idea generation and implementation for streamlined processes and standardization.
• Ensure the performance of all tasks is carried out in line with company policies, internal controls, and Sarbanes-Oxley requirements.
• Align with equal employment opportunity laws, regulations, and company policies related to discrimination in hiring, performance managing, promotion and compensation, including sexual harassment.
• Additional tasks will include:
  
  

Collaborate with OtC GPO organization, IT, and cash application software supplier as needed to address any system-related issues.

• Partner efficiently with Internal and External Audit teams to secure timely and accurate completion of testing procedures.
  
  

Deputize for Senior Manager where required.

• Undertake other projects and responsibilities as assigned.
  
  

Skills & Qualifications Required

• Exceptional leadership skills, ability to inspire and motivate team members, develop and mentor teams, set clear expectations, and provide guidance and support.
• Proficient communication skills at a senior level.
• Strong problem-solving and analytical skills.
• Superior organizational skills to prioritize tasks and projects and adhere to set timelines.
• Flexibility and adaptability to changing business needs and priorities.
• Excellent attention to detail to ensure accuracy in cash application, documentation, and reporting.
• Advanced knowledge of accounting principles.
• Proven track record of excellent judgment and decision-making ability.
• Demonstrated diplomacy, integrity, and ethical standards.
  
  

Qualifications And Experience

• Fluent in English.
• University or College degree in credit management/accounting, or equivalent professional qualification is an advantage.
• Functional process expertise of OTC.
• Prior background in a managerial role within a dynamic accounts receivable setting is necessary.
• SME system knowledge in multiple ERPs (example: Oracle E1, SAP) is essential to perform this role effectively and efficiently.
• Excellent digital literacy and knowledge of the Microsoft Office software is required (Outlook, Excel, PowerPoint, etc.).
  
  

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