Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Job Description

Business Job Title: Team Leader Cash Allocations

Career Band: 05

Career Track: Management

Position Location: Manila, Philippines

Direct Reports: Yes

When you are part of Thermo Fisher Scientific, you'll do exciting 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 resources and opportunities to make significant contributions to the world.

• Responsible for performance management and development of the team through regular 1-1s and portfolio reviews
• Responsible for achieving direct team's target by daily management of Key Performance Indicators related to cash application and adherence to Service Level Agreements
• Lead the reconciliation process to ensure a strong receivable, in strong collaboration with the credit & collections teams.
• Collaborate closely with the Credit & Collections, Treasury and Accounting teams to improve quality and cash flow and to ensure efficient processes.
• Provide support in resolving unreconciled items and unknown customer receipts.
• Maintain accurate documentation and information in compliance with existing processes and regulations.
• Ensure smooth performance of month end activities such as account reconciliation, general ledger close and cash reporting.
• Collaborate effectively with Internal and External Audit teams to facilitate testing procedures.
• Drive a culture of continuous process improvements with the goal of creating lean processes and standardization
• Provide timely awareness of complex team cases that have not been resolved
• Undertake other projects and responsibilities as assigned.
• 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.
• Other additional duties or tasks may be assigned periodically by the Line Manager.

• Strong leadership skills, ability to inspire and motivate team members, set clear expectations, and provide guidance and support.
• Effective communication skills are critical in order to convey expectations, provide feedback, and lead successful negotiations.
• Strong problem-solving skills to handle complex situations, identify root causes, and develop effective solutions.
• Excellent organizational skills: prioritize tasks, handle multiple projects simultaneously, and meet deadlines.
• Working collaboratively with other departments.
• Flexibility and adaptability to changing business needs and priorities.
• Excellent attention to detail to ensure accuracy in processing, documentation, and reporting.
• Shown understanding of basic and advanced accounting principles.

• Fluent in English
• University or College degree.
• Proficiency in Microsoft Office software is required (Outlook, Excel, etc.).
• 4+ years of experience in a Cash Application function and 2+ years of leading an operational team in accounts receivable function in a Shared Service Centre is preferred
• Confirmed experience and capability to handle at least one ERP (SAP, Oracle, JD Edwards, etc.).