Senior Manager, Collections and Cash Applications

Solera Corporation; Ciudad de México; On-site; MXN 1,200,000 - 2,400,000; Full time

Job summary

Solera seeks a Senior Manager for Collections and Cash Applications to lead the functions across acquisitions and drive transformational change. You will align finance operations with strategic goals, optimize cash collection, and ensure smooth cash application across multiple entities.

You will mentor teams, implement KPI-driven processes, and partner with IT and finance to upgrade systems while maintaining strong internal and external stakeholder relationships.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• 7+ years in collections and cash applications, with at least 3 years in a managerial role.
• Experience in automotive or technology sector preferred.
• Proven track record of driving process improvements and managing change in a complex environment.
• Strong understanding of financial systems, accounting principles, and cash management practices.
• Excellent communication, negotiation, and interpersonal skills.

Responsibilities

• Lead and mentor the collections and cash applications team, promoting high performance.
• Develop and implement strategic initiatives to optimize collections and cash processes.
• Assess current processes, standardize across acquisitions, and drive improvements.
• Design best practices to enhance efficiency and effectiveness in cash flow operations.
• Collaborate with IT and finance to enable system upgrades and integrations.
• Establish KPIs to measure effectiveness and report performance to senior management.
• Identify credit and collection risks and develop mitigation strategies.
• Ensure compliance with regulations and internal policies.
• Maintain strong relationships with internal stakeholders and external customers.

Skills

Leadership

Strategic thinking

Financial analysis

Stakeholder management

Negotiation

Education

Bachelor’s degree in Finance, Accounting, Business Administration

MBA or CPA/CMA preferred

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.

Company Overview

Solera is the global leader in vehicle lifecycle management software-as-a-service, data, and services. Through four lines of business - vehicle claims, vehicle repairs, vehicle solutions and fleet solutions - Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, DealerSocket, Omnitracs, LoJack, Spireon, eDriving/Mentor, Explore, CAP HPI, Autodata, and others. Solera empowers its customers to succeed in the digital age by providing them with a "one-stop shop" solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries.

For more information, visit www.solera.com.