Senior Manager, Invoice To Cash - Cash App & Compliance
Chicago, Il, Us
• Oversaw 7 person BPO team accountable for applying $25 billion of incoming annual receivables. Accomplishments include improving automatic cash application by 10% in first year, establishing new KPI, and reducing aged unapplied cash balance by 25%.• Managed continuous improvement and business value portfolio across 220-person Invoice to Cash Team. In 2022, continuous improvement projects resulted in productivity savings worth 15 FTEs (30k hours) and $45 million in direct P&L savings. • Led cross-functional effort across IT and controllership for 5 months to perform root cause analysis then implement new routines, system enhancements, and financial controls impacting incoming deductions worth $250 million annually. • Owned presentation design and director’s monthly briefing execution for Invoice to Cash team. Created multiple presentations to tell success stories, present savings and highlight results to senior leadership, including the Head of GBS, Sales CFO, and the Global CFO.• Coordinated internal audits and annual external audit across credit, collections, cash application, and deduction/trade processes. Coordinated sample testing, auditor inquiries, control deficiencies, and process documentation across 25 person BPO compliance team.