Senior Manager, Collections and Cash Applications

Solera Holdings, LLC.; Ciudad de México; On-site; MXN 1,200,000 - 2,000,000; Full time

Job summary

Solera is seeking a Senior Manager, Collections and Cash Applications in Mexico City to lead the collections and cash application operations across multiple acquisitions. The role requires strategic leadership to drive efficiency, implement standardized processes, and partner with IT and finance for system upgrades.

The candidate will establish KPIs, monitor performance, and manage risk while maintaining strong stakeholder relationships and ensuring regulatory compliance.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• MBA or CPA/CMA preferred.
• 7+ years in collections and cash applications.
• 3+ years in a managerial role.

Responsibilities

• Lead and mentor the collections and cash applications team.
• Develop and implement strategic initiatives to optimize collections.
• Standardize processes across acquired entities.
• Collaborate with IT and finance for system upgrades and integrations.
• Establish KPIs and monitor collections performance.
• Identify credit and collections risks and mitigate.

Skills

Leadership

Financial analysis

Strategic planning

People management

Process improvement

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or related field

MBA or CPA/CMA certification

Job description

Job Title: Senior Manager, Collections and Cash Applications

Location: Mexico City

Company: Solera

Job Summary:

The Senior Manager for Collections and Cash Applications will oversee the collections and cash application functions within Solera. This role requires a strategic leader with extensive experience in financial operations, particularly in managing collections and cash application processes in a transformational environment. The successful candidate will drive change, improve efficiency, and ensure the integration of systems and processes across multiple acquisitions.

Key Responsibilities:

Leadership & Strategy:

• Lead and mentor the collections and cash applications team, fostering a high-performance culture and continuous improvement mindset.
• Develop and implement strategic initiatives to optimize collections and cash application processes in alignment with Solera’s overall financial goals.

Process Improvement:

• Assess current collections and cash application processes, identifying areas for improvement and standardization across acquired entities.
• Design and implement best practices for collections and cash applications to enhance efficiency and effectiveness.

Integration Management:

• Collaborate with cross-functional teams to ensure seamless integration of financial systems and processes from various acquisitions.
• Work closely with IT and finance teams to facilitate system upgrades and enhancements that support collections and cash application operations.

Performance Metrics:

• Establish key performance indicators (KPIs) to measure the effectiveness of collections and cash application processes.
• Monitor and report on collections performance, providing insights and recommendations to senior management.

Risk Management:

• Identify potential risks related to credit and collections and develop mitigation strategies to protect Solera’s financial interests.
• Ensure compliance with relevant regulations and internal policies.

Customer Relationship Management:

• Maintain strong relationships with internal stakeholders and external customers to facilitate timely collections and resolve disputes.
• Develop effective communication strategies to enhance customer experience during the collections process.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA or relevant professional certification (e.g., CPA, CMA) preferred.
• 7+ years of experience in collections and cash applications, with at least 3 years in a managerial role, preferably in the automotive or technology sector.
• Proven track record of driving process improvements and managing change in a complex, transformational environment.
• Strong understanding of financial systems, accounting principles, and cash management practices.
• Exceptional analytical and problem-solving skills with the ability to make data-driven decisions.
• Excellent communication, negotiation, and interpersonal skills.
• Demonstrated ability to lead and motivate teams to achieve operational excellence.