Summary
We are looking for a talented and experienced Cash Manager to join our team. The ideal candidate will have a strong understanding of cash management principles and procedures. They will be able to use their skills to ensure that our company has adequate cash on hand to meet its financial obligations.
Responsibilities
- Oversee the company’s cash flow: The Cash Manager will be responsible for tracking the company’s cash flow and ensuring that there is always enough cash on hand to meet its financial obligations. This involves forecasting cash flow, managing cash balances, and preparing cash flow statements.
- Invest excess cash: The Cash Manager will also be responsible for investing excess cash in order to maximize its return. This involves identifying and evaluating investment opportunities, and making investment decisions.
- Manage accounts receivable and payable: The Cash Manager will also be responsible for managing the company’s accounts receivable and payable. This involves ensuring that customers pay their bills on time, and that the company pays its vendors on time.
- Prepare financial reports: The Cash Manager will also be responsible for preparing financial reports, such as the cash flow statement and the balance sheet. These reports will be used by management to track the company’s financial performance and make financial decisions.
- Administer cash management policies and procedures: The Cash Manager will be responsible for developing and implementing cash management policies and procedures. These policies and procedures will help to ensure that the company’s cash is managed effectively and efficiently.
- Oversee the cash collection process: The Cash Manager will be responsible for overseeing the company’s cash collection process. This involves ensuring that customers pay their bills on time and that the company receives payment for its products and services.
- Reconcile bank statements: The Cash Manager will be responsible for reconciling the company’s bank statements. This involves matching the company’s records with the bank’s records to ensure that there are no discrepancies.
- Investigate and resolve cash discrepancies: The Cash Manager will be responsible for investigating and resolving any cash discrepancies that are identified. This may involve working with the accounting department, the finance department, or other departments to identify the source of the discrepancy and take corrective action.
- Prepare and maintain cash forecasts: The Cash Manager will be responsible for preparing and maintaining cash forecasts. These forecasts will help the company to plan for its cash needs and ensure that it has adequate cash on hand to meet its financial obligations.
- Manage cash disbursements: The Cash Manager will be responsible for managing the company’s cash disbursements. This involves ensuring that payments are made on time and that the company does not overspend its budget.
- Stay up-to-date on cash management trends: The Cash Manager will be responsible for staying up-to-date on cash management trends. This will help the company to identify and implement new cash management strategies that can help it to improve its cash flow and financial performance.
Qualifications
- Education: Bachelor’s degree in finance, accounting, or a related field
- Experience: Experience in cash management or a related field
Skills
- Strong understanding of cash management principles and procedures
- Excellent analytical and problem-solving skills
- Strong attention to detail
- Proficient in Microsoft Excel and other financial software
- Ability to work independently and as part of a team