JOB DESCRIPTION: Cash Cycle Operations Manager – Cash Cycle Management, Aon
Business Services (Noida, India)
Your Impact as a Cash Cycle Operations Manager
As a Cash Cycle Operations Manager, you will play a critical role in
ensuring that day‑to‑day cash cycle operations run efficiently, accurately,
and in line with performance expectations. You will act as a subject matter
expert (SME) for a specific cash cycle capability—such as Receivables,
Collections, Cash Application, Carrier Disbursements, or Bank
Reconciliation—ensuring that work flows smoothly, issues are resolved
promptly, and processes are consistently followed.
In this role, you will blend hands
‑
on subject matter expertise with operational leadership. You will be
accountable for the end
‑
to
‑
end execution and performance of your cash cycle process, while also
providing day
‑
to
‑
day guidance to colleagues and, where applicable, direct people leadership
for a team of Cash Cycle Specialists. You will partner closely with the Cash
Cycle Associate Director(s), and other stakeholders, to drive process
improvement, maintain strong performance against KPIs, and deliver a high
‑
quality experience to internal and external clients.
Job Responsibilities
As a Cash Cycle Operations Manager, you will be responsible for:
Operational & Process SME Responsibilities
-
Serve as the SME for your assigned cash cycle process (e.g., Receivables,
Collections, Cash Application, Carrier Disbursements, Bank
Reconciliation), providing guidance and escalation support to colleagues.
-
Oversee day‑to‑day workflow, ensuring that work is allocated, prioritized,
and completed within defined service levels and quality standards.
-
Perform complex or high‑risk activities within the process (e.g., complex
reconciliations, high‑value items, exception handling), and provide
hands‑on support during peak periods.
-
Monitor process performance and key metrics (e.g., aged debt, unapplied
cash, reconciliation breaks, turnaround times) and take corrective actions
as needed.
-
Analyze operational data to identify trends, root causes, and
opportunities for improving efficiency, accuracy, and client experience.
-
Collaborate with internal stakeholders (e.g., Commercial Risk, Finance,
Accounting, Technology) and external partners (e.g., carriers, clients) to
resolve complex issues and ensure smooth end‑to‑end execution.
-
Contribute to and lead aspects of continuous improvement initiatives,
including documenting and updating procedures, standardizing work
practices, and supporting automation or system enhancements.
People & Team Leadership (where applicable)
If assigned people management responsibilities, you will also:
-
Lead a team of Cash Cycle Specialists, providing day‑to‑day direction,
coaching, and feedback to support performance, development, and
engagement.
-
Manage staffing, scheduling, and workload balancing to ensure adequate
coverage and timely completion of work.
-
Support recruitment, onboarding, and training of new colleagues, ensuring
they gain the knowledge and skills required to perform effectively.
-
Conduct regular one‑to‑one discussions and performance reviews, setting
clear expectations and development goals for team members.
-
Foster an inclusive, collaborative team culture that reflects Aon’s values
and colleague experience.
Governance, Quality & Controls
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Ensure that all activities within your process adhere to internal
controls, company policies, and relevant regulatory requirements (such as
SOX and internal audit standards).
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Support month‑end and year‑end closing activities by ensuring
reconciliations, postings, and issue resolutions are completed accurately
and on time.
-
Maintain and regularly review process documentation, work instructions,
and control evidence to support compliance and audit readiness.
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Escalate risks, control issues, and significant operational incidents
promptly, and support remediation efforts.
-
Maintain SOPs (Standard Operating Procedures) for all processes, review
annually, and update as needed.
Collaboration & Stakeholder Management
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Act as a primary operational contact point for your process, building
strong relationships with upstream and downstream stakeholders.
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Partner with the Associate Director, Cash Cycle to implement process
changes, new policies, and performance improvement plans.
-
Prepare and present periodic reports on process performance, trends, and
improvement opportunities to leadership.
You Bring Knowledge and Expertise
Required Experience
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Typically 4–6 years of progressive experience in cash cycle management,
accounts receivable, finance operations, or related areas.
-
Hands‑on experience in at least one core cash cycle process (e.g., cash
application, collections, bank reconciliation, carrier disbursements) with
demonstrated subject matter expertise.
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Strong understanding of accounting principles (U.S. GAAP) and financial
controls (such as SOX) relevant to cash cycle processes.
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Proven track record of managing workflow and meeting service, quality, and
control standards in a fast‑paced environment.
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Demonstrated ability to analyze data, identify trends, and drive practical
process improvements.
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Excellent communication and interpersonal skills, with the ability to
collaborate effectively across functions and with external partners.
Preferred Experience
-
Prior experience in a senior specialist, team lead, or informal
people‑leadership role (e.g., mentoring, training, or delegating work to
others).
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Exposure to managing or coordinating a small team and/or hybrid
responsibilities (both processing work and overseeing others).
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Experience in the commercial risk insurance industry, financial services,
or a shared services/global capability center environment.
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Familiarity with ERP and financial systems (such as SAP, Oracle, or
similar platforms), reconciliation tools, and reporting/analytics
solutions.
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Experience with process improvement methodologies (e.g., Lean, Six Sigma)
or participation in continuous improvement projects.
Education
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Bachelor’s degree in Accounting, Finance, Business Administration, or a
related field, or equivalent years of industry experience.
We Offer You
A competitive total rewards package, continuing education and training, and
tremendous potential with a growing worldwide organization.
Our Colleague Experience
From helping clients manage risk and financial operations to supporting our
mission of empowering results for our clients, communities, and each other,
our colleagues make a difference every day. They work with the best, own
their potential, and value one another. This is the Aon Colleague
Experience—defining what it means to work at Aon and realizing our vision of
empowering human and economic possibility.