Cash Allocations Team Lead

4 weeks ago


Paisley, United Kingdom Thermo Fisher Scientific Full time

**Position Summary**
- The Cash Allocations Team Lead will be responsible to drive and lead a Cash Allocations team in our Paisley Shared Service Centre
- The Team Leader is encouraged to hit all AR Cash targets (unapplied cash aged between 11-30 days, +31 days, +180 days) as well as company targets for Team management and engagement (Company’s Employee Involvement Survey)
- Efficiency in this role requires strong leadership and excellent communication and people management skills
- Experience in credit and collections is needed to fully grasp the complexity of the role

**Key Responsibilities**
- Lead and handle the Cash Allocations team
- Ensure the performance of all tasks is carried out in line with company policies, internal controls and Sarbanes-Oxley requirements
- Meet all Key Performance Indicators
- Make sure to all Service Level Agreements in place
- Resolve disputes with customer base and other departments as they relate to receivable and risk management
- Optimally work with the Treasury team to ensure smooth operation of bank accounts
- Ensure constant flow of communication with the Intercompany, Cash and Banking and Accounting and Reporting teams
- Contact bank to resolve any payment issues and improve identification of cash for better allocation
- Meet with the appropriate collector(s) to review the Unapplied cash results on a regular basis or as needed
- Maintain appropriate documents, documentation and other information in the customer files
- Stay on top of all law pertaining to collection, bankruptcy, bonds, liens and judgments
- Responsible for smooth and timely month end close activities (reconciliations, reporting, etc.)
- Able to collaborate closely with Internal and External Audit teams around testing
- Other projects and responsibilities as assigned

**Skills Required**:

- Able to perform business math (basic algebra, compute rate, ratio, etc.)
- Great understanding of basic and sophisticated accounting principles
- Important understanding of all the Accounts Receivable reporting processes and procedures
- Good understanding of the main Finance functions performed in the Paisley Shared Service Centre
- Sophisticated system knowledge of the 2 ERPs (Oracle E1, SAP) and collection software (CForia) is important to perform this role reliably and efficiently
- Strong demonstrate people management and development skills
- Effective listening, verbal and written communication skills
- Outstanding teammate who works efficiently with wide range of people
- Consistent track record of excellent judgment and decision-making ability
- Accuracy and attention to detail
- Demonstrated integrity and ethical standards
- Able to handle difficult customers with subtlety and tact
- Problem-solving and analytical ability
- Outstanding interpersonal communication.
- Handles time effectively and adapts quickly to changing priorities
- Comfortable in a fast-paced environment
- Strong project management and multi-tasking skills
- Results-orientated and able to work independently
- Stays in sync with equal employment opportunity laws, regulations and company policies related to discrimination in hiring, firing, promotion and compensation, including sexual harassment

**Contacts**:

- Primarily in contact with Credit & Collections teams, Cash Allocation team and ItC managers
- Important and regular contacts with the Accounting & Reporting and Treasury teams
- Contact with various levels of company employees and external customers as well

**Requirements/Qualifications**:

- Degree in credit management/accounting, or equivalent professional qualification
- Ideally ACCA or CIMA qualified or working toward qualification
- Previous experience in similar position preferred
- Excellent digital literacy and good knowledge of Microsoft Office software (Outlook, Excel, PowerPoint, Word, etc.)
- Proven leadership or supervisory skills



  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary** The Cash Allocations Team Lead will be responsible to drive and lead a team in our Paisley Shared Service Centre, working to set targets. Experience in credit and collections is required, for the best understanding of the role, as are excellent communication and supervisory skills. The role comes with regular contact with the...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary**: The Cash Allocations Team Lead will be responsible to drive and lead a team in our Paisley Shared Service Centre, working to set targets. Experience in credit and collections is required, for the best understanding of the role, as are excellent communication and supervisory skills. The role comes with regular contact with the...


  • Paisley, United Kingdom Marks Sattin Full time

    **Cash Allocation Specialist | Temporary | £11.50 ph | Paisley - Hybrid | Immediate start** Marks Sattin are pleased to be working with a world leading life Science organisation in Scotland, to recruit for a cash allocation specialist, on a temporary basis. **Responsibilities** - Efficiently manage and collect outstanding accounts receivable - Communicate...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary** We have a great opportunity to join a global company in this junior role in our lively Finance centre. Language skills in French, Italian, German or Spanish would be useful but it’s not a requirement. Working as part of a small team, the role will be responsible for the day to day recording of cash receipts for the allocated...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary** We have a great opportunity to join a global company in this junior role in our lively Finance centre. Language skills in French, Italian, German or Spanish would be useful but it’s not a requirement. Working as part of a small team, the role will be responsible for the day to day recording of cash receipts for the allocated...


  • Paisley, United Kingdom Marks Sattin Full time

    **Cash Collections Specialist | Temporary | £11.50 ph | Paisley - Hybrid | Immediate start** Marks Sattin are pleased to be working with a world leading life Science organisation in Scotland, to recruit for a cash allocation specialist, on a temporary basis. **Responsibilities** - Efficiently manage and collect outstanding accounts receivable -...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    We are looking for a Cash & Banking Supervisor to join our team in either Paisley (UK) or Budapest (HU), to lead and take ownership of the Cash & Banking accounting activities. This role furthermore will assume the position of a business partner to the Corporate Treasury team, as well as that of knowledge leader in Cash & Banking...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary**: We have an exciting opportunity for an experienced credit collector, looking for their next career move, to join our international team within a busy new project division. The role would suit a positive, confident communicator with excellent rapport-building ability and strong stakeholder management skills. **Key...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary**: - Responsible for the day to day recording of cash receipts for the allocated countries ensuring the cash is applied onto the accurate account/invoice - The position requires being able to adapt to a rotation system when other cash allocators are on holidays - Responsible for month end activities such as account reconciliation, month...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    Responsible for the day to day recording of cash receipts for the allocated countries ensuring the cash is applied onto the accurate account/invoice - The position requires being able to adapt to a rotation system when other cash allocators are on holidays - Responsible for month end activities such as account reconciliation, month end close and month end...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary**: The role is responsible for the collection of debt on allocated portfolio of customers and for the calculation, approval and maintenance of credit limits. **Key Responsibilities**: - Perform and evaluate credit checks on new customer accounts - Check and maintain credit limits for all accounts according to company policy and undertake...

  • Lead Practitioner

    1 week ago


    Paisley, United Kingdom THRIVE CHILDCARE AND EDUCATION Full time

    **Lead Practitioner** Required at: **Happitots Paisley** **40 Hours Per Week** **From £23,980 to £26,700 per annum** At Thrive, we always put our children first but we look after you too as a Lead Early Years Practitioner because to our children, you’re a hero and we know that you deserve to feel like one! We offer: - **Generous Salary**: - **Cash...


  • Paisley, United Kingdom DHL Global Forwarding Full time

    **Have you outgrown your current role? DHL Global Forwarding offers a rewarding benefits package as well as tangible career progression.** DHL Global Forwarding are looking for an Ocean Freight Team Leader to lead and engage the Ocean Freight import and export team at our **Glasgow **office. Reporting to the Ocean Freight Manager you will lead a team of 4,...

  • Lead Practitoner

    2 weeks ago


    Paisley, United Kingdom THRIVE CHILDCARE AND EDUCATION Full time

    **Lead Practitioner** Required at: **Happitots Paisley!** **40 Hours Per Week** **From £23,150 to £24,930 Per Annum** At Thrive, we always put our children first but we look after you too as a Lead Early Years Practitioner because to our children, you’re a hero and we know that you deserve to feel like one! We offer: - **Cash Health Plans**: -...

  • Team Manager

    2 months ago


    Paisley, United Kingdom SGN Full time

    **THE ROLE** An opportunity has arisen for the post of Team Manager based in Paisley, reporting to the Regional Manager. **Responsibilities include**: - Managing operational activities within budget allocations. - Managing both SGN employees and contractors across all the range of operational activities, including the Emergency, Repair, Connections,...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    When you are part of Thermo Fisher Scientific, you’ll do challenging work, and be part of a team that values performance, quality and innovation. As part of a successful, growing global organization you will be encouraged to perform at your best. With revenues of $40 billion and the largest investment in R&D in the industry, we give our people the...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Work Schedule** Other **Environmental Conditions** Office When you are part of Thermo Fisher Scientific, you’ll do challenging work, and be part of a team that values performance, quality and innovation. As part of a successful, growing global organization you will be encouraged to perform at your best. With revenues of $40 billion and the largest...


  • Paisley, United Kingdom Engage Recruitment Full time

    Do you have experience supervising successful manufacturing/production teams? Does the opportunity to work for a market-leading business appeal? We are recruiting for an established Scottish family business in Hillington who are looking to add at least one Assembly Chargehand to their operation. Working on a rotational shift pattern of day and night shift,...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary**: Operating as part of a vibrant international team, we have an amazing entry-level opportunity to join a global company with great development and career opportunities. **Key Responsibilities**: - Perform and evaluate credit checks on new customer accounts - Check and maintain credit limits for all accounts according to company policy...


  • Paisley, United Kingdom Thermo Fisher Scientific Full time

    **Position Summary**: This is a great opportunity to join a company which believes in developing its employees. The role is part of our international Accounts Receivable dept., at our Paisley (UK), Shared Services Centre, and is focused on credit control of an allocated customer portfolio within French-speaking Swiss and Belgian regions. It entails the...