Senior Manager, Collections and Cash App


Description:The Collections & Cash App Senior manager oversees the end-to-end process of post-billing accounts receivable activities for both DFAS and non-DFAS customers. The leader will provide enterprise wide oversight and strategic direction for both DFAS and non DFAS collections and cash application processes, ensuring timely, accurate posting of receivables, and AR subledger reconciliation to the general ledger. The role will maintain precise customer account data in partnership with the Invoice & Billing and Contract Close Out teams, monitor billing queues, resolve systemic delays, discrepancies, and misapplied cash issues, and drive cross training to build flexibility across collections functions. Leveraging data, analytics, and performance metrics, the leader will produce executive and operational level reporting on payment behavior, cash flow risk, trends, compliance concerns, and improvement opportunities, applying benchmarking and trend analysis to support working capital optimization and investment decisions while escalating material risks to senior leadership. A key responsibility is to design and enforce governance frameworks, controls, and policy compliance—including post billing standards, documentation retention, and audit readiness—by collaborating with Legal, Compliance, Internal Audit, and Accounting to guide policy interpretation on collections, write offs, and cash application. As the primary strategic partner, the leader will define the long term vision and roadmap for Collections & Cash Application aligned with OTC strategy, 1LMX, GFS Reinvention, and corporate values, partnering with Invoice & Billing, Treasury, FP&A, IT, and Business Areas to integrate initiatives across the organization. Finally, the leader will develop high performing managers and associate managers, foster a culture of accountability, continuous improvement, and operational excellence, and champion process optimization, automation, and system enhancements to elevate productivity, quality, and service outcomes while building team resilience.
Basic Qualifications:
• Previous Experience in Leadership role, ability to Lead and Motivate high-performing team
• Strong Business Acumen / Executive Level engagement
• Strategic Thinker and Transformational mindset
• US Citizen
Desired Skills:
• LM Business Area experience / Broad Finance & Business Operations experience
• Effective Communicator
• Experience leading cross team integration/collaboration
• Motivated Leader & Self Starter
• MOCAS, WAWF, S4 System Knowledge
• Experience at DFAS
• Experience in Aerospace/Defense Industry
• Knowledge of Contracting & Compliance Regulations such as FAR and CAS
• Ability to be a trusted advisor to executives
• Capability to drive the use of advanced technology including automation and AI Adoption
• Track record of driving actionable insights
Clearance Level: None
Other Important Information You Should Know
Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Full-time Remote Telework: The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 4x10 hour day, 3 days off per week
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California, Massachusetts, and New York is $143,600 - $248,975. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $124,900 - $220,225. For states not referenced above, the salary range for this position will reflect the candidate’s final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.

With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility.

If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs, and apply for roles that align with your qualifications.
Experience Level: Experienced Professional
Business Unit: ENTERPRISE BUSINESS SERVICES
Relocation Available: No
Career Area: Finance
Type: Full-Time
Shift: First

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