- Lead the Cash Receivable and Payables team through effective coaching, supervision, and mentoring.
- Oversee the department activities to ensure they are completed accurately and on time, including:
- Daily processing and allocation of cash receipts.
- Scheduling, creation and support for payment runs.
- Coordinate activities with Treasury.
- Maintain and update the Delegation of Authority limits in SAP, Track and Maximo.
- Manage workflows and adjust staffing appropriately to accommodate volumes.
- Professional engagement with internal stakeholders.
- Meeting monthly/quarterly/annual deadlines.
- Develop, monitor and report process metrics.
- Approve monthly account reconciliations.
- Lead the global design and implementation of the cash receipt and payments processes.
- Develop and maintain Cenovus policies for temporary delegations of authority.
- Lead the identification and implementation of process improvements.
- Be a strategic partner with multiple functions including Credit Department, Treasury and the Accounts Payable team.=
- Influence beyond direct reporting lines to optimize processes through strong cross-functional relationships.
- Design and manage compliance with Cenovus internal controls over financial reporting as it relates to the cash receivable and payments function.
- Actively participant in/coordinate corporate initiatives that impact cash - receipts and payments (Bank initiatives, retail credit card process changes, Delegation of Authority updates).
- Manage the team budget for headcount, training and development and team building.
- Must be legally entitled to work in Canada.
- Accounting Designation or Business Degree in related field.
- Minimum 10+ years of relevant work experience
- SAP system experience required.
- Previous leadership experience preferred.
- Knowledge of the cash - receivables and payments processes.
- Oil and Gas experience preferred.
- SMS experience preferred.
- Blackline experience preferred.
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Team Lead, Cash - Calgary, Canada - Cenovus Energy Inc.
Description
Worker Type: EmployeeGroup: AP/AR Accounting DepartmentJob Post End Date: 05/08/2024About this opportunity:
The Team Lead, Cash Receivables and Payments is responsible for leading the cash receipts and payments department including activities to ensure that they are completed accurately and on time and driving process improvements. This role is a key member of the AP/AR Accounting leadership team and requires an understanding of cash receipts and payments processes and systems, strong leadership capabilities, and the ability to collaborate, influence and communicate effectively across business functions.
What you'll do:
Who you are:
Note: The application deadline for this position is May 7, 2024.
If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email
Internal candidates that are currently in a lower grade will be assessed based on their sustained job performance, how they demonstrate the expected organizational competency behaviors and values and in discussions with their current leader prior to determining next steps.
Who we are:
We're an integrated energy company headquartered in Calgary with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. We're committed to maximizing value by sustainably developing our assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into our business plans.
We've been named a Top Alberta Employer for 2024, a designation recognizing organizations leading their industries in offering exceptional places to work.
Find Cenovus on Facebook, X, LinkedIn, YouTube and Instagram.
For more information, please visit
At Cenovus, we embrace diversity of thought, experience and backgrounds to help us make better business decisions, address our challenges, seize opportunities and unlock innovative solutions. We're committed to building a diverse, equitable and inclusive workplace where people feel respected, valued and engaged. We strive for a collaborative, physically and psychologically safe environment where you can be yourself, feel a sense of belonging and thrive. For more information, including details on our inclusion and diversity targets and networks, visit
The requirements of this posting may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.
Notification
To be considered for a position, please click Apply and create an account or sign in to your Cenovus Careers profile.
Immediately following successful submission of your online application, you will receive an online notification confirming Cenovus's receipt of your resume.
Only those applicants who apply directly to a posted position and are selected for an interview will be contacted. We will not accept agency or third-party candidate submissions.
To follow the status of your application, log in to your Cenovus Careers profile and click on the appropriate job under 'My Applications'.
Interested in this opportunity? Click the Apply link.
If you are a CURRENT EMPLOYEE please apply by going to our Internal Career Site