Team Lead, Cash Applications

Stagwell empowers talented, passionate, and creative leaders with vision to deliver breakthrough ideas on behalf of the world’s most ambitious clients.

We believe that the differences among us fuel innovation and drive us to achieve extraordinary results. We take great pride in a work force with rich diversity of age, race, ethnicity, gender, nationality, sexual orientation, ability and background. As a network, we seek out a skilled and dynamic talent pipeline, invest in programs that help develop diverse talent for the future benefit of our industry, and strive to build an inclusive environment where all employees can bring their full selves to work.

Creating a collaborative environment at our state-of-the-art campuses, where we can bring people together at the office to inspire and innovate, is central to our culture-moving creative edge. We believe that by being together, we can transform marketing. Join us at www.stagwellglobal.com.

• Competitive salary and benefits package
• Opportunities for professional development and career growth
• Collaborative and inclusive hybrid working environment

We are seeking a detail-oriented and experienced Cash Applications Team Lead to join our global shared service center. The ideal candidate will have a strong background in processing wire payments and managing transactions in multiple currencies. As a Team Lead, you will guide and mentor a team of professionals, fostering a collaborative and high-performance work environment. 

• Lead and manage the cash applications team to ensure accurate and timely posting of wire payments.
• Oversee the daily processing of cash receipts and postings to customer accounts.
• Ensure all wire payments are accurately recorded and reconciled in the system.
• Manage and resolve any discrepancies related to cash applications.
• Maintain and update customer accounts, ensuring all transactions are properly documented.
• Collaborate with other departments to ensure smooth and efficient cash application processes.
• Develop and implement best practices for cash application procedures.
• Train and mentor team members to enhance their skills and performance.
• Monitor and report on key performance indicators (KPIs) related to cash applications.

Ensure compliance with company policies and procedures, as well as relevant regulations

• Lead and manage the cash applications team to ensure accurate and timely posting of wire payments.
• Oversee the daily processing of cash receipts and postings to customer accounts.
• Ensure all wire payments are accurately recorded and reconciled in the system.
• Manage and resolve any discrepancies related to cash applications.
• Maintain and update customer accounts, ensuring all transactions are properly documented.
• Collaborate with other departments to ensure smooth and efficient cash application processes.
• Develop and implement best practices for cash application procedures.
• Train and mentor team members to enhance their skills and performance.
• Monitor and report on key performance indicators (KPIs) related to cash applications.
• Ensure compliance with company policies and procedures, as well as relevant regulations

Preferred Qualifications:

• Experience in a global shared service center.
• Knowledge of ERP systems (e.g., SAP, Oracle).