Cash Management Coordinator

Cash Management Coordinator Overview

• The Cash Management Coordinator role offers a dynamic opportunity to contribute to finance operations in a hybrid work environment.
• Support daily cash position reporting, ensuring accurate tracking of company-wide cash balances and transactions.
• Collaborate with Treasury personnel to monitor intra-day payment activities and address discrepancies promptly.
• Prepare and reconcile prior-day cash activities, maintaining accurate records of transactions and balances.
• Assist in spot foreign exchange transactions to support non-USD payment requirements.
• Contribute to bank account transfer preparation and ensure timely fund movements.
• Post routine cash-management-related journal entries, adhering to established procedures.
• This position is temp-to-perm, offering potential for full-time conversion based on performance.

Cash Management Coordinator Key Responsibilities & Duties

• Monitor intra-day cash activity using treasury and banking platforms, updating worksheets with transactions.
• Review bank activity to ensure timely processing of approved payments, addressing discrepancies.
• Reconcile prior-day cash activities using bank statements and treasury reports.
• Prepare spot FX transactions for non-USD payments, ensuring accuracy and compliance.
• Facilitate bank-to-bank and intercompany fund transfers within treasury systems.
• Post journal entries related to cash management, including monthly bank fees.
• Collaborate with Treasury personnel to investigate and resolve payment delays or discrepancies.
• Maintain accurate records of cash movements and account balances.

Cash Management Coordinator Job Requirements

• Bachelor’s degree in finance, accounting, or related field, or equivalent experience.
• 1–2 years of experience in accounting, finance, or treasury operations preferred.
• Basic knowledge of accounting principles, including general ledger entries.
• Proficiency in treasury systems and banking platforms is advantageous.
• Strong attention to detail and ability to reconcile cash activities accurately.
• Effective communication skills to collaborate with Treasury personnel and resolve issues.
• Ability to work in a hybrid environment with both remote and in-office days.
• Commitment to meeting deadlines and ensuring timely processing of transactions.