Team Lead

24 hours ago

Chennai, Tamil Nadu, India Lincoln Electric Full time US$ 60,000 - US$ 99,999 per year

Team Lead - Accounts Receivable

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 12,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.

Location: Chennai

Req ID: 27853

Job Responsibilities

  • Oversee application of cash receipts to customer accounts at invoice level as per process guidelines.
  • Ensure vendor payments, bank reconciliations, netting, and cash forecasting are completed accurately and on time by the team.
  • Monitor timely communication of status updates, issues, and open items across processes.
  • Supervise month-end activities and confirm AR compliance with MEC calendar.
  • Ensure adherence to group policies and maintain audit-ready documentation.
  • Coordinate with Credit, GL, Finance Controllers, and other teams to resolve issues and share best practices.
  • Provide domain guidance, support leadership initiatives, and manage team performance (SLA, KPI, appraisals).
  • Ensure backups for all critical activities and conduct team meetings, huddles, and one-on-one discussions.
  • Drive process improvements, standardization, and transformation in partnership with GPO.
  • Oversee timely updates of process documents (SOPs, Narratives, RCMs, SODs).

Job Requirements

  • Meet the accuracy of cash application and reconciliations
  • SLA adherence for AR processes
  • Timely completion of month-end close activities (as per MEC calendar)
  • Reduction in unapplied cash and open items (as per agreed targets)
  • Team performance metrics (attrition, productivity, engagement).
  • Meet the corporate timelines for reporting.
  • 8 – 10 years in Cash Application, with at least 1 year in a supervisory/team lead role.
  • Bachelor's or master's degree in finance, Accounting or Commerce
  • Solid understanding of basic accounting principles, AR processes, MEC, and compliance requirements.

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.

Job Segment: Welding, Fabrication, Manufacturing

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