Cash Specialist Job Description
Cash specialist
provides knowhow in SAP, MS Office (especially Excel, Tableau) and digitalization techniques such as data mining, advanced data analytics and data visualization methods.
Cash Specialist Duties & Responsibilities
To write an effective cash specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included cash specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Advanced knowledge of excel is preferred for completion of national account customers from manufacturing databases, , Supply Pro
The main purpose of this role is to lead sales management activities for smaller inbound referrals and take responsibility for the on-going management of a select client portfolio and to provide origination support to senior origination team in more complex transactions
You will be driving sales in cash management products across the Bank's international network
The role will involve working locally in partnership with the Relationship Director's managing a mixed portfolio of GC & LLC Clients, managing their local cash management requirements, and co-ordinating sales efforts with the Global/Regional Relationship Director and Global/Regional Cash Originator
You will be expected to structure complex local cash management deals
You will also be required to deliver leading cash management advice through the sale of complex cash management and liquidity solutions
You will play an integral part in achieving the Portfolio Cash income plan through the relationship management of existing clients, protecting income lines from potential competitor threat and through the acquisition of new business in the cash arena and to establish the company as one of the market leaders in the field of cash and liquidity management
You will also participate in building and communicating the existing and strategic cash management proposition for the Bank's Group with clients and intermediaries
You will be working in partnership with RD's managing a portfolio of sophisticated FIG & GC clients
You will manage and be responsible for all aspects of the Cash and Liquidity needs of the clients in the assigned portfolio
Cash Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Cash Specialist
List any licenses or certifications required by the position: SAP, R/3, APICS, CFA
Education for Cash Specialist
Typically a job would require a certain level of education.
Employers hiring for the cash specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Accounting, Finance, Business, Associates, Education, Business/Administration, Technical, Economics, General Education, Management
Skills for Cash Specialist
Desired skills for cash specialist include:
MS Office
Computers
Basic accounting skills
ACE
Oracle systems
ATMs
Excel
SAP ERP
Oracle Financials
Especially Excel
Desired experience for cash specialist includes:
In conjunction with the Relationship Director, you will undertake regular service reviews, specifically focusing on the Cash & Liquidity requirements of the client
You will own the relationship with network referral team, monitoring and assessing profitability of this client group
Ability to reconcile and balance cash receipts, daily deposits, and transfers
Transfer and/or adjust patient accounts to ensure account reflects appropriate monies due from each responsible party
Research short payments working with Collections to deploy appropriate follow up
Research over payments to determine if refund should be processed
Cash Specialist Examples
1
Cash Specialist Job Description
Job Description Example
Our innovative and growing company is hiring for a cash specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cash specialist
- Cash management (wires)
- Bond settlements
- Trade support with the desk
- Various other day-to-day functions
- Issue and apply credit for deductions, allowances, returns and write-offs
- Assist Credit Analysts with reconciliation of credits and unapplied cash
- Initiate and process refunds for payment sent to company in error, duplicate payments
- Maintain accurate and complete electronic and paper filing
- Prepare and mail invoices generated through the night time process
- Process and issue credit memos and invoices as requested
Qualifications for cash specialist
- Ability to identify trends, and able to effectively communicate trends to Leadership as identified
- High School diploma or equivalence, or equivalent experience
- Associate’s Degree in Accounting or equivalent years of work experience in a financial industry with a High School Diploma
- Prepare co-op credit memo requests and issue agreements for new customers as needed
- Apply credit memos to proper invoices
- Some post high school education in business and/or accounting
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Cash Specialist Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of cash specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cash specialist
- Monitor bank activities and post incoming cash to open A/R or GL accounts
- Maintain electronic files containing all daily Cash Receipts backup
- Communicate any payment problems, such as short payments, over payments, to project management team
- Balance remittance batches against bank statement
- Perform client and vendor refund requests
- Apply contractual adjustments such as volume and prompt pay discounts
- Prepare and send out monthly client statements
- Perform various research and transfer tasks, as requested
- Create new vendors in Vision accounting system
- Communicate with new vendors and AP personnel to obtain W-9, banking, and credit documentation
Qualifications for cash specialist
- Preferably some exposure to offshore fiduciary and corporate clients
- Excellent, in-depth knowledge of cash, liquidity management and FX products
- Familiarity with operational and client servicing environments
- Autonomous, reliable, detail oriented, well organized and accurate, working with minimal supervision
- Good at trouble shooting operational issues and situations
- Ability to manage multiple tasks and files simultaneously
3
Cash Specialist Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of cash specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cash specialist
- Maintain vendor spreadsheets and documentation files
- Assist Cash Operations Supervisor to track payments, perform financial analysis and due diligence to ensure banking compliance
- Analyze global cash flow and account balances daily and execute funding strategies
- Execute global payments and bank transfers and record corresponding cash accounting entries
- Monitor and maintain the Treasury workstation in addition to assisting in credit requests and performance guarantees
- Conduct foreign exchange trade analysis and provide trade recommendations
- Work on other projects as needed and requested
- To process collections to meet requirements of service level agreements, and to comply with both internal control and credit policy requirements
- Maintains customer contact records in the diary and other SAP modules
- Produces monthly debtor reports and ad hoc reports as required
Qualifications for cash specialist
- Extensive cash and liquidity management sales experience
- Three years of Cash Receipts/Treasury related experience, or commensurate education
- Corporate banking systems including Kyriba Treasury Management System, CashPro, HSBCnet, international multilingual banking platforms
- 3+ years of Cash Receipts/Treasury related experience, or commensurate education
- Supports the implementation of the GS BPS BAS (Global Services - Business Administration Services) Visions and Values
- Produces adhoc statements to customers as and when required
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Cash Specialist Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of cash specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cash specialist
- Deals with customer queries at any level regarding invoices
- Contacts debtors to ascertain payment dates, and check payments received in accordance with customer commitments
- Performs other duties as assigned by the supervisor/manager from time to time
- Works closely with Cash Allocation Back Office and Credit Management
- Functions as subject matter expert on Cash Vault product capabilities
- Responsible for opening all mail containing customer payments received in Libertyville
- Process cash receipts from customers
- Review cash receipts received from customers in bank and apply payments into customer accounts timely, completely and accurately
- Interacts with customers and user departments in answering questions about customer accounts and cash applications
- Where required, follow up on past due customer accounts
Qualifications for cash specialist
- Prepare reporting as needed to document cash receipts, reconciliations, and adjustments
- Candidates must be detail oriented
- Very good command of English is mandatory
- Knowledge of securities services environment, previous experience in this domain will be considered as an advantage
- Bachelor’s Degree in Finance or Accounting or similar
- Working knowledge of online banking systems, CLASS, and other financial applications
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Cash Specialist Job Description
Job Description Example
Our company is searching for experienced candidates for the position of cash specialist. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cash specialist
- Anticipating and resolving queries on customer accounts to maximize T&L’s cash position and minimize overdue debt
- Preparing Cash Collection Reports and Analysis to our Stakeholders
- Sort and open mail on OPEX 51 machine
- Ready mail to run on Banc-tec transport for transmission
- Sort mail by location midwest/Carolina/Florida/Ral
- Break down by payment type (single, multi, check only )
- Able to run BancTec F series / Opex 150 / Opex Eagle
- Verifies cash payments from the Fiscal/Billing department
- Prepares and posts all mail receipts
- Prepares and posts adjustments and account corrections
Qualifications for cash specialist
- Basic knowledge of accounting/bookkeeping principals
- Knowledge of Delta Dental policies, procedures, and guidelines
- Ability to prioritize work, follow-up on commitments on a timely basis, adhere to deadlines, and be a strong team player
- Occasionally required to stoop, kneel, and climb
- Operation of 10-key adding machine
- Ability to clearly present written information and findings