Group Leader - AR Cash Applications

The Opportunity:

Avantor is looking for a dynamic, forward-thinking, and experienced Leader who will be managing all components of Accounts Receivables Cash Applications team process to ensure completeness, accuracy and timeliness of applying customer payments with a quick turnaround time and take ownership in ensuring the unapplied and unidentified cash allocations are worked and resolved across different global entities.

This role will be a full-time position based out of our Coimbatore, India office. The job involves monitoring of workloads and allocation of tasks amongst the Accounts Receivables (AR) team ensuring that key tasks are undertaken on time. Oversee the preparation of periodic reports and reconciliations as required including KPIs for the Accounts Receivables team along with grooming future leaders.

If you are passionate about solving complex challenges and driving innovation – let’s talk!  

Our organization is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. 

What we’re looking for 

Education: Any bachelor’s or master’s degree & and finance background will be an added advantage.

Experience: Overall, 5 plus years of experience & 3 plus year of Leadership experience in Accounts receivable.

Should be Flexible to work night shifts and work from the office.

How you will thrive and create an impact 

• Responsible for month end completion of all cash items and bank adjustments within the deadline for all entities in-charge of
• Provide documentation to Audit team as requested
• Leverage technology and people to lead and support process improvement and simplification initiatives and sharing of best practices across all entities
• Analyze Cash Application Associate performance to ensure that all necessary tasks are completed in accordance with specifications and deadlines (monitoring the team's performance)
• Identify areas for development /training within their team
• Analyze credit card processing contracts & charges that we incur and identify if there are unusual trends. Ensure that the credit card batch payment failure is worked thro’ resolution working with the respective team.
• Review of customers taking earned and unearned discount and monitor customer behavior with necessary action taken,
• Provide performance feedback and coaching to team members on a regular basis and address any personnel issues in an expedient and professional manner
• Document, monitor and execute internal control procedures that encompass our company’s Compliance controls
• Develop and maintain systems, procedures and policies, including accounts receivables functions to ensure adherence to company guidelines.
• Provide thoughtful analysis and recommendations to foster dialogue with business leaders to make informed decisions based on trends, performance and future projections.
• Understand business direction, key changes and needs; initiate and lead the conversations on how AP team needs to mold and adapt in order to stay proactive.
• Effectively manage and direct the daily activities of the associates and guide performance
• Oversee the preparation of periodic reports and reconciliations as required including KPIs for the Accounts Receivables team
• Harmonize working procedures across ERPs (SAP and other platforms) while respecting the specific business requirements that may exist for the different Business Areas (BA)
• Work with the other managers as well as the IT group to implement and/or transition new applications and/or tools
• Communicate regularly with our customers & internal teams regarding changes to procedures, tools and other items that may impact the activities in scope of Cash Application
• Assume responsibility for staff training and education as well as career development

Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.

Why Avantor?

Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.

The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.

We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!

EEO Statement:

We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.

If you need a reasonable accommodation for any part of the employment process, please contact us by email at recruiting@avantorsciences.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

3rd party non-solicitation policy:

By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation