Cash Manager Job Description
Cash Manager Duties & Responsibilities
To write an effective cash manager job description, begin by listing detailed duties, responsibilities and expectations. We have included cash manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Cash Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Cash Manager
List any licenses or certifications required by the position: CPA, ACCA, CTP, PMI, PMP, CIMA, SWIFT, FP&A, SAP, MBA
Education for Cash Manager
Typically a job would require a certain level of education.
Employers hiring for the cash manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, Business/Administration, Education, Management, Economics, MBA, Communication, Marketing
Skills for Cash Manager
Desired skills for cash manager include:
Desired experience for cash manager includes:
Cash Manager Examples
Cash Manager Job Description
- Ensure Anti-Money Laundering (AML) compliance standards are me
- Responsible for the administration and maintenance of cash management procedures
- Comply with all policies and procedures to the departmental and/or Internal Control Manual
- Responsible for training new or existing employees on job responsibilities
- Documentation of safety related issues and concerns
- Partaking in accident/incident investigations
- Maintain and promote operational integrity and the highest caliber of customer service
- Supervise staff to meet and exceed performance expectations by establishing and maintaining a positive work environment and effective employee relations
- Submit maintenance work orders for repairs and modifications while maintaining a current knowledge of equipment
- Provide assistance to drop team in completing drop on a daily basis
- Exposure to Six Sigma training preferred
- Ability to think holistically about processes that impact internal and external clients
- Bachelor degree or above, majored in finance, economics or related discipline
- Other then above roles, job holder should follow other job duties and responsibilities assigned by line manager from time to time
- Ensure that the team (if it exists) applies procedures, policies and tools in a unified form
- Ensure consistency and standardization of process control in the SSC
Cash Manager Job Description
- Receiving, logging & distributing daily post
- Posting of weekly sales and banking journals
- Preparing & posting receipts against multiple legal entities
- Preparing and taking of cheque receipts to the bank
- Reconciliation of cash receipts to cash declared
- Preparing balance sheet reconciliation
- Responding to queries from sites
- Coordinate and manage daily cash receipts, interfaces between treasury, bank lockbox operations, credit card software and the accounts receivable department
- Manage daily triple balancing of all cash receipts, credit card chargebacks, disputes and research of unidentified cash, NSF checks
- Manage consolidation of site processes into the SSC including coordination with site, training of staff and successful transition of work
- Strong global treasury experience a plus
- Aggressive, creative, articulate and results oriented
- Ability to prioritize and effectively delegate is a must
- Willingness to accomplish team goals and meet critical deadlines
- Proficient spreadsheet, presentations, and database management skills required
- High energy to meet time constraints may require additional work hours / weekends
Cash Manager Job Description
- Oversees the overall activities of the meter reading, billing, service order correction, cashiering, credit, field collections, remittance and various other back office functions, including staffing, development, and organization
- Administer the performance management process
- Handle personnel problems, including participating in the various steps of the grievance procedure, up to and including arbitration proceedings
- Manages the back office billing activities related to customer utility service
- Oversees the support, development, and efficient operation of all Automated Meter Reading (AMR/AMI) infrastructure and meter reading systems
- Oversees the tactical execution of disconnects due to non-payment activities while working with all internal stakeholders to continually improve DNP execution and processing
- Oversees the operational and accounting activities related to Loss Prevention
- Manages the Credit and Field Collections activities of the organization and supports the Director-Outsourced Services
- Coordinates the preparation of the annual departmental operation and maintenance budget and the annual departmental capital budget
- Develops, supports, and tracks department initiatives that align with the overall corporate strategies and AIP goals
- Minimum of 3 years’ experience in financial operations or related field
- B Degree in Commerce or Finance or qualification in management or equivalent NQF level 6 qualification or higher
- Preferable if candidate has at least 5 years Management experience
- Sound understanding of financial services business processes, trade cycles, inter relationship with other dependent or impacted operating areas
- Excellent communication skills, both written and oral, including the ability to present, debate and discuss with colleagues at all levels (including executive level management)
- Ability to deputise for peers
Cash Manager Job Description
- Proven experience to think strategically while having a hands-on managerial style
- Financial and business analysis skills considered an asset
- Work closely with the Cash Centre Business support function to introduce new working practices and to develop a continuous improvement culture
- Support the Cash Centre Planning Department in achieving the National Production plans, developing strategies to overcome future shortfalls / excess to current production plans
- Analyse training needs for all staff ensuring that training complies with Company policy and is monitored for effectiveness
- Coach staff where appropriate
- Maintain the Centre succession plans, developing the team members to achieve their potential in current and future roles
- Ensure the avoidance of cash losses for both customers and the company
- Meet and exceed customer service level agreement expectations
- Work with Branch Management colleagues, supporting local customer engagement and contract retention
- Approximately 2 to 5 years of experience in cash management
- Fluent English language skills, other language skills are preferred
- The ability to think clearly and logically to maximise efficiency and productivity
- The ability to work proactively within a team and drive the highest standards of performance within the cash centre
- The ability to apply 5S standards in a process driven environment
- Time and priorities management with a flexible approach to working hours U.K
Cash Manager Job Description
- Manage multi-lateral netting process to settle US and Puerto Rico intercompany balances through SAP In-House Cash or external cash transfers
- Business owner of SAP Treasury roles responsible for ensuring appropriate access and providing user training
- Work together with the Operating Company (OPCO) on the analysis of cash flow forecasting enabling pro-active cash management decision-making (ensure coordination & alignment on a weekly rolling 3 months’ cash flow forecast & secure timely delivery and quality)
- Ensure all documentation requests are processed
- Participate in monthly review of the liquidity reporting, including follow-up on country by country basis and the global consolidation
- Responsible for the development and implementation of new cash management products and services
- Researches and remains current and aware of regulatory and market changes that may impact the organization’s compliance and competitiveness
- Assures audit compliance and procedure quality control and recommends and initiates corrective actions
- Lead project review meetings via face to face meetings utilizing conference bridge calls
- Preparing the daily cash position
- Bachelor’s degree required, with a major in Business, Accounting, Finance or similar field preferred
- At least 2+ years of experience in supervising an accounting function
- Experience with PeopleSoft Cash Management module is highly preferred
- Series 6 or 99 securities registration with FINRA will be required within 120 days of employment
- Promote team work and collaboration within the different functional units by maintaining a harmonious relationship between the department managers and workforce
- Create a positive and encouraging environment for all staff