JOB SUMMARY

The Cash Management Analyst will be responsible for ensuring the efficient and accurate processing of payments, reviewing submitted payments for compliance and accuracy, and supporting the overall banking operations within Treasury. We are looking for a detail-oriented individual with strong analytical skills and an understanding of cash management processes.

JOB REQUIREMENTS

Education

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field

Work Experience

• 1-3 years within cash management or bank administration preferred

Required Licenses/Certifications
N/A
Additional Knowledge, Skills and Abilities Required

KEY RESPONSIBILITIES:

• Prepare Internal and External Payments:
• Process and prepare various types of payments, including wire transfers, ACH transactions, and checks.
• Ensure all payment instructions are accurately entered into the system.
• Verify payment details and ensure compliance with internal policies and requirements.
• Review Payments:
• Review submitted payment requests for accuracy and completeness.
• Conduct thorough checks to ensure payments are authorized and comply with company policies.
• Identify and resolve discrepancies or issues with payment submissions.
• Support Banking Operations:
• Assist in the management of daily cash flow and liquidity.
• Monitor bank accounts and reconcile transactions to ensure accuracy.
• Support the structuring, implementation and maintenance of cash management systems and tools.
• Collaborate with partner banks to assist with KYC (Know Your Customer) processes that verify the identity of clients and ensure compliance with regulatory requirements.
• Work closely with internal teams and external banking partners to resolve issues and improve processes.
• Reporting and Analysis:
• Generate and analyze cash flow reports to provide insights and recommendations.
• Prepare monthly, quarterly, and annual cash management reports for management review.
• Assist in forecasting cash needs and developing strategies to optimize cash utilization.
• Compliance and Risk Management:
• Ensure adherence to all regulatory requirements and company policies related to cash management.
• Identify and mitigate risks associated with cash handling and payment processing.
• Participate in audits and provide necessary documentation
  Note: This job description is not inclusive of all the duties of the position. You may be asked by leaders to perform other duties. Management reserves the right to revise this position description at any time.