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We are seeking a Team Lead Cash Application with strong English skills (both verbal and written). In this role, you will monitor your team's performance in bank account reconciliation, tracking unapplied cash, and arranging settlements. You will regularly interact with collection personnel and other departments within Danfoss.
Main Tasks: Ensure daily allocation of incoming payments and bank account reconciliation.
Assess risks and perform controls to validate incoming payments.
Communicate with internal customers to ensure timely cash clearance and resolve issues promptly.
Build relationships with internal stakeholders and act as their main contact for updates/issues.
Maintain accurate process execution to ensure compliance with internal standards.
Assess cash allocation and clearing quality, identifying performance shortfalls and deviations.
Identify and report root causes of processing issues, suggesting remedies.
Collaborate with other Shared Service Centers to standardize payment handling.
Train new team members and others as needed, based on extensive Cash Application experience.
Handle special projects, identify improvement areas, and lead system initiatives and upgrades.
People Management Responsibilities: Lead daily operations, manage team workload, and ensure backup structures.
Participate in hiring, onboard new employees, and conduct monthly one-on-one meetings.
Provide training and coaching on soft and technical skills.
Communicate new processes and operational changes.
Ensure key messages are shared across the team.
Requirements:
Minimum high school education in accounting or relevant work experience.
Experience in a supervisory role in a high-volume, time-sensitive environment, preferably in Shared Service Centers.
B2/C1 level of English (mandatory).
Strong organizational and communication skills.
Ability to manage multiple tasks within tight deadlines.
Hands-on leadership approach and ability to train others.
Self-motivated with attention to detail and a strong business mindset.
Team player with a positive attitude and high engagement.
Solid SAP experience and intermediate-level Excel skills.
Knowledge of International Financial Reporting Standards is an advantage.
Why Join Danfoss: We offer stability, a friendly working environment, fair employee treatment, opportunities for personal and professional growth, and financial benefits. Apply now to join our global finance community, work with great colleagues, and use your organizational talent to coordinate daily tasks. Challenge yourself, utilize your potential, and be part of a great project.
Request to applicants: Please provide your
Danfoss – Engineering Tomorrow At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.
Following our founder's mindset "action speaks louder than words", we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.
Danfoss is an EO employer and VEVRAA Federal Contractor. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or other protected category.
Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.
Our solutions are used in such areas as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, automotive, marine, and off- and on-highway equipment. We also provide solutions for renewable energy, such as solar and wind power, as well as district-energy infrastructure for cities.
Our innovative engineering dates back to 1933. Danfoss is family-owned, employing more than 42.000 people, serving customers in more than 100 countries through a global footprint of 95 factories.
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