Hydraulic Technologies · 1 week ago
Shared Services & Treasury Supervisor
Rockford, IL
Full-time
Onsite
Mid, Senior Level
$70K/yr - $115K/yr
3+ years expHydraulic Technologies is seeking an experienced Shared Services Supervisor & Treasury Supervisor to coordinate daily treasury activities and oversee credit, collections, and accounts receivable/payable operations. The role focuses on managing external resources, optimizing cash flow, and ensuring compliance with internal controls while leading teams to achieve measurable results.
EnergyIndustrialManufacturingTransportation
Responsibilities
Direct day-to-day activities of Genpact resources supporting credit, collections, and A/P
Set and monitor KPIs including cash application timeliness, collection effectiveness index (CEI), dispute resolution cycle time, and invoice processing accuracy
Hold regular performance reviews with Genpact team leads, driving SLA compliance and continuous process improvement
Act as escalation point for unresolved issues, ensuring swift resolution and minimal business disruption
Own the end-to-end credit and collections process for US, EMEA, and UK business units
Establish, monitor, and enforce customer credit limits, payment terms, and exception approvals
Lead collection strategies to achieve DSO targets and reduce past-due receivables
Recommend and obtain approval for uncollectible account write-offs in compliance with policy
Conduct root-cause analysis of credit memos, implement corrective actions, and track improvements over time
Research and recommend third-party collection agencies to maximize recovery rates
Lead daily cash management, funds transfers, and short-term investments in accordance with company policies
Prepare daily cash forecasts and track accuracy against actual results to improve forecasting precision
Ensure proper funding levels for bi-weekly payroll and quarterly debt payments
Administer and support treasury systems, ensuring global user access and data integrity
Manage corporate travel card program, ensuring compliance with spend controls
Evaluate and implement new banking services to improve efficiency and reduce costs
Support treasury integration efforts during acquisitions, divestitures, and restructuring projects
Supervise and mentor internal credit personnel, setting clear objectives and development plans
Collaborate with auditors to ensure compliance and strengthen internal controls
Continuously evaluate credit, collection, and treasury processes to improve efficiency and minimize risk
Recommend and implement automation opportunities and best practices to streamline operations
Qualification
Required
Bachelor's degree in Finance, Accounting, or related field ideal
3-4+ years in Accounts Payable/Accounts Receivable Shared Services and/or treasury operations
1-2+ years in a managerial or supervisory role
Proven experience managing external service providers (Genpact or similar) with KPI accountability
Deep understanding of accounts payable, accounts receivable, cash collection strategies, cash management, banking, and financial markets
Strong ERP system skills (SAP preferred) and advanced Excel/Power BI proficiency
Expertise in export documentation (letters of credit, customs)
Excellent communicator and influencer across all organizational levels
Analytical problem solver with a process improvement mindset
Strong leadership and decision-making skills under pressure
High initiative, organizational ability, and ability to thrive in a fast-paced environment
Preferred
International credit risk management experience preferred
Benefits
Competitive compensation and benefits package.
Company
Hydraulic Technologies
Hydraulic Technologies is a manufacturer of mission-critical tools and equipment high-pressure hydraulic pumps, tools.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2024-06-04Acquired
Company data provided by crunchbase