Cash Manager

Short Description

The primary mission of the Shared Services Cash Manager is to ensure timely and accurate cash application, timely Non-PO payment requests, maximize cash flow, manage SOX/compliance, provide leadership to the Shared Services Cash team, maximize working capital, and minimize Days Sales Outstanding "DSO". This position reports directly to the Sr Director of Accounts Receivable. You will train/mentor teams to meet and exceed departmental objectives and goals, approving account refunds, KPI reporting, performance management and other duties as assigned by management. Excellent communication skills with internal and external teams and attention to detail are required to maximize returns with Customers and Suppliers.

Responsibilities

• Leadership Role with Billtrust to continue to improve various metrics, cash reporting, match rate with Billtrust and to facilitate automatic cash application.

• Driving Unapplied and Unidentified Cash root cause analysis amongst team by providing training and mentoring

• Manage and prepare Daily and Month End Bank reconciliations.

• Manage Team Performance to Established Goals and Objectives

• Ongoing development of team members

• Maintain awareness of metrics and deliverables among team members

• Utilize appropriate judgment in processing adjustments, credit moves resolving unapplied/unidentified customer payments and refunds.

• Manage and maintain records for Returned Checks, Electronic Payment returns and Credit Card Chargebacks.

• Manage Check Fraud Process

• Manage bi-weekly payment runs to suppliers.

• Oversee non-PO payment request process to ensure everything receives proper DOA approval and is processed timely.

• Run weekly forecasts for treasury and help manage cash position.

• Manage escheatment process for (all) Shared Services.

• Manage process of 1099 issuance and state and federal reporting

• Manage escalations for internal/external customers.

• Act as a Liaison between third party vendors (Billtrust and Banks)

• Escalate any Billtrust issues directly to Billtrust-update issue tracker.

• Weekly and quarterly Billtrust Access reviews for SOX Compliance

Professional Experience

3-5 years of Cash Management Experience

2-5 years of Accounting Experience

2-5 years of Accounts Receivable Experience

2-5 years of Accounts Payable Experience

2-5 years in a Leadership Role

Treasury Experience a plus

Educational Background

Bachelors Degree Accounting/Finance Preferred

Skills

• Self-starter, goal driven and ability to multi-task

• Strong Team Leadership, Development, and Conflict Management

• Strong People Management Skills

• Strong Customer Service

• Strong problem-solving and decision making skills

• Process Improvement

• Advanced Microsoft Excel

• Excellent Verbal and Written Communication

• Strong Organizational and Time Management Skills

• Value-Added Business Contributor

Req #: 58637

Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role.

Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following.

Keeping you healthy

Medical, Dental, and Vision Coverage

Life and disability insurance

Flex spending and health savings accounts

Virtual Health Visits

24 Hour Nurse Line

Healthy Pregnancy Program

Tobacco Cessation Program

Weight Loss Program

Building Your Financial Future

401(k) plan with company match

Employee Stock Purchase Program

Life & Work Harmony

Paid Time Off (Holidays, Vacations, Sick Days)

Paid parental leave.

Military leave & support for those in the National Guard and Reserves

Employee Assistance Program (EAP)

Adoption Assistance Reimbursement Program

Tuition Reimbursement Program

Auto & Home Insurance Discounts

Protecting You & Your Family

Company Paid Life Insurance

Supplemental Life Insurance

Accidental Death & Dismemberment Insurance

Company Paid Disability Insurance

Supplemental Disability Insurance

Group Legal Plan

Critical Illness Insurance

Accident Insurance

Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors.