Shared Services Supervisor

Key Responsibilities

• Supervise and mentor a team of accounting professionals responsible for intercompany payments, cash reconciliation, and cash application.
• Manage intercompany transactions, ensuring proper allocation, documentation, and reconciliation of payments between subsidiaries or business units.
• Oversee the accurate and timely application of cash receipts (e.g., checks, ACH, wire transfers) to customer and intercompany accounts.
• Oversee the daily cash receipts with bank deposits and ensure discrepancies are investigated and resolved promptly.
• Perform and review daily, weekly, and monthly cash reconciliations, ensuring alignment between bank records, intercompany ledgers, and financial systems.
• Match payments to invoices, ensuring accurate allocation and resolving any payment disputes or unapplied cash.
• Collaborate with the accounts receivable team to resolve payment issues and ensure timely collections.
• Maintain accurate records of cash transactions and update financial systems with payment details.
• Identify and implement process improvements to enhance efficiency in cash application and reconciliation procedures.
• Ensure compliance with internal controls, accounting policies, and regulatory requirements.
• Assist with month-end closing activities, including preparing journal entries and reconciling general ledger accounts.
• Assist in internal and external audits by providing documentation, reports, and explanations related to intercompany transactions and cash processes.

Qualification & Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5-10 years of experience in accounting, with at least 5 years in a supervisory role focused on intercompany transactions, cash reconciliation, or cash application.
• Advanced proficiency in accounting software (e.g., Microsoft, Oracle, QuickBooks) and Microsoft Excel.
• Strong understanding of GAAP, intercompany accounting principles, and financial reconciliation processes.
• Proven leadership and team management skills, with the ability to motivate and guide a team.
• Exceptional analytical and problem-solving skills with a keen attention to detail.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Excellent communication and interpersonal skills for collaborating with cross-functional teams and stakeholders across multiple entities.
• Experience with ERP systems and automated cash management tools is highly desirable.

Benefits

Salary will be commensurate with experience and responsibilities. Benefits include health and dental coverage, short- and long-term disability, paid time off, paid parental leave, 401K, and more!