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Senior Manager, Cash Applications in South Portland, ME



Accounting, Corporate Finance


5 - 7 years

Job Description

General Purpose:

Manages the Cash Applications team. Through the use of controls, both systematic and manual, this team manages the flow of cash into WEX Inc and subsidiaries. Keen attention to detail and targeted statistical monitoring required to ensure group activities are efficient, timely, accurate and in compliance with financial policies.

Essential Duties and Responsibilities:

•Responsible for providing leadership, direction, development and cross-training a team to ensure processing, reconciliation and reporting are completed in a timely and accurate manner. This includes the following high volume transaction functions:

Accounts Receivable – The Accounts Receivable Team processes all payments received from fleet customers. This includes management of exceptions from lockbox processing and all Accounts Receivable adjustments.

Treasury Operations – Treasury Operations work closely with the Treasury group to coordinate lockbox activity, resolve

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Valid through: 2020-2-21

About Wex

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The Company provides services in the United States, Canada, New Zealand, and Australia. The Company’s operations are organized into two segments: Fleet and MasterCard. The Fleet segment provides customers with payment processing services for vehicle fleet industries. The MasterCard segment provides customers with payment processing for the purposes of corporate purchasing and transaction monitoring. The Company’s wholly owned banking subsidiary, WEX Bank approves the customer applications and owns the customer relationships for the fuel and maintenance programs, and offers MasterCard-branded corporate payments. The Company’s operations include WEX Bank, Fleet One, Pacific Pride, rapid! PayCard, WEX Australia, WEX New Zealand and CorporatePay Limited, England, as well as a majority equity position in UNIK S.A., Brazil. WEX and its subsidiaries employ more than 1,400 associates.
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