Sr. Accountant Cash Management
The Senior Accountant, Cash Management is accountable for reconciling complex bank accounts and other treasury functions, utilizing SAP, external reconciliation systems, and banking interfaces. This position is also the Team Lead for the department and works directly with the Cash Management Supervisor for direct employee oversight and management of the department’s functions, responsibilities and budget.
Primary Responsibilities
Under general direction, responsible for extensive, complex cash management analysis and reporting, including daily cash report, reporting cash position, master bank account list,
bank fee analysis and cash management metrics.
Oversight and/or monthly reconciliation of over 30 complex bank accounts with thousands of line items
Develops and manages relationships with all key banks and credit card vendors through regularly scheduled meetings and other forms of communication
Management of banking and reconciliation interfaces through daily review of file loads and verification of information imported
Implements processes to reduce the cash recognition cycle
Ensures appropriate and efficient process controls are in place by identifying and eliminating risk around tasks completed by the department through segregation of duties
Develops and maintains cash flow projection model; analyzing trends in cash flow to better project cash positions including validation of forecasting and process evaluation for efficiencies
Oversight for opening/closing of bank accounts, pricing analysis and signatory changes by managing the information requests from the banks on a weekly basis
Importing monthly bank data files, performing bank fee trend analysis utilizing ReconNET software to detect bank errors, and comparing bank pricing and services
for cost efficiencies and account consolidation
Performs analysis, trends and variance reports, research unusual cash management activity and provide explanation to the finance management team.
Liaison between Accounts Payable, Payroll, Accounts Receivable and Cash Management to ensure disbursement of funds is accurate and that any variances are reconciled and explained
Communicate financial information to appropriate individuals in a timely manner.
Research and document the impact of more complex accounting principles to existing department procedures and suggest improvements/discrepancies to the finance management team
Manage each team members tasks related to the implementation of bank services/solutions as determined by the finance management team
Ad hoc reports, Special projects and other assigned tasks
Requirements:
Bachelor’s Degree in Accounting or Finance, CPA a plus
Minimum of two to five years of experience in Cash Management/Treasury/Accounting
Understanding of commercial banking products and implementation of these products
Prior experience with SAP, account reconciliation software, and integrated banking applications, a plus
Database management Experience
Must be able to prioritize multiple tasks, responsibilities and meet rigid deadlines
Strong Leadership and analytical skills
Prior Supervisory Experience a plus as this position is expected to act as a Team Lead for the other members of the Cash Management Team.
Excellent Communication skills, both written and verbal
Excellent multitasking and organizational skills
To apply for this position please submit your resume to:
Carlos Andrade, Corporate Recruiter
Phone: ext.2617
Email:
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