Cash Management Specialist

Position Summary

The Cash Management Specialist is responsible for all aspects of the cash management function ensuring designated cash processing, reconciliation and reporting functions are completed correctly and efficiently. The Cash Management Specialist will have a forward-thinking, organized, and analytical mindset. This individual is responsible for managing relations with customers, vendors, and several banks and will be held accountable for accurate and timely cash transactions. 

Responsibilities and Duties

Cash Management and Reconciliation 

· Daily cash management operations to include cash administration, management of current accounts and bank relations.

· Timely reconcile cash application and disbursements.

· Monitor and verify cash transactions to ensure the bank accounts balance to internal reports.

· Investigate and verify any unusual transactions.

· Forecast, monitor, and track cash flow.

· Monitor all incoming and outgoing ACH transactions.

· Establish trust with customers.

· Manage all incoming credit card funds and ATM income.

· Make researched, proactive, and timely decisions with all cash management transactions by borrowing on lines of credit.

· Maintain positive balances in all accounts while maximizing optimal account management.

· Understand cash flow and project future cash flow.

· Communicate directly with ownership team. 

Customer Service

• Provide professional customer service support for internal and external customers
• Respond to billing, inventory, and account inquiries in a timely manner
• Coordinate with operations teams, drivers, and sales teams
• Ability to manage multiple priorities and meet deadlines
• Strong communication and organizational skills

Work Environment & Expectations

• In-person, office-based position requiring regular interaction with financial and operations  teams
• Commitment to  confidentiality and accuracy in financial and operational data

Qualifications

· High school diploma or equivalent required; associate degree or relevant coursework preferred

· Prior Accounting or Finance experience preferred.

· Familiarity with bank cash management systems required.

· Specific skills:

· Working knowledge of MS Word, Excel and Outlook

· Excellent oral and written communication skills

· Strong time management, planning, organizational and decision-making 

· Analytical Mindset

· Dependability

· Professionalism

· Trustworthiness and forward-thinking mindset