Cash Management Specialist

Primary responsibilities include but are not limited to:

• Responsible for overseeing daily case balances and summary schedules by bank, by entity, and by type.
• Responsible to oversee all critical due dates are complied with regarding major disbursements (ie: mortgages, secondary debt, etc)
• Maintain a treasury calendar
• Work together with the operations controller and cash management staff to ensure cash receipts are applied accurately and timely recorded in compliance with all established policies and procedures.
• Provide accounts payable, payroll and accounting groups a cash budget as required to forecast cash requirement needs on a regular basis
• Maintain cash management & day to day bank relationships as directed by the CFO
• Manage electronic banking solutions, while controlling costs
• Primary initiator of electronic funds transmissions for operational transaction
• Draft and update treasury policies as required, e.g. wire payments, ACH payments; cash collected, etc..
• Follow internal controls surrounding treasury and payment processes
• Maintain regular cash flow forecasts and comparison to actual and discuss with CFO & Principals
• Project cash requirements on short, mid and long-term basis, and present updates to a forward forecast report.
• Work closely with the Operations Controller reporting, Asset Manager and CFO on weekly/monthly reports, and identify areas of operational and cost efficiencies and optimize working capital
• Work closely with the CFO to support short-term borrowings and repayments; Interface with the IT Director and CFO and Operations Controller relating to Treasury and banking technology applications
• Assist in developing a team environment to achieve maximum productivity and quality performance leading by example
• Work with team members in areas that require training and compliance with the company policies and procedures.
• Letter of credit management
• Respond to outside auditor’s requests, e.g. balance confirmation letters
• Other Ad hoc reporting as required

The ideal candidate should possess the following:

• Bachelor’s Degree in Accounting or Finance required; 
• 4+ years of experience in cash management, treasury, banking and accounting for multiple entities
• Proven ability to work with and manage large amounts of data which includes a substantial number of bank accounts
• Advanced MS Excel skills are required; knowledge of Pivot tables and V-look up mandatory
• Experience with Windows applications and Microsoft Office programs such as Word, Excel and PowerPoint