Manager, Cash (303006-818)

Child Fund International Richmond , VA 23234

Posted 5 months ago

Position Title: Cash Manager

Location: Richmond, VA

Reports To: Treasurer

Division/Department: Finance/Treasury

POSITION SUMMARY:

Reports to the Treasurer and is responsible for managing the entire cash management function and team members including the development and management of systems for the effective collection of revenues and payment of obligations. Responsible for providing leadership and direction to ensure designated cash processing, reconciliation and reporting functions are completed in a timely manner. Oversees implementation of Treasury Department initiatives and process improvements.

DUTIES/RESPONSIBILITIES

Remain alert and responsive to any child safeguarding risks, acquire relevant knowledge and skills which will enable you to promote strong safeguarding practices, understand the child safeguarding policy and procedures, and conduct yourself in a manner consistent with the Child Safeguarding Policy.

  • Oversee cash management operations to include daily cash administration, management of current accounts and bank relations

  • Supervise cash management team: up to 2 Treasury Analyst(s) and 2 Treasury Assistants. Responsibilities include hiring/firing, training, scheduling, guiding and even covering posts as a back-up as needed.

  • Analyze and solve problems stemming from payment processes problems with banks, brokers, or systems.

  • Implement systems, test and acceptance testing of sponsor management, payment, workstation and other systems as needed.

  • Review and drive improvements in cash management ensuring financial obligations are met in accordance with company policies and procedures

  • Oversee the completion of all cash management set-up documentation for new and existing department processes; prepares correspondence and proposals directed to and from cash management

  • Assure timely reconciliation of cash application and disbursements

  • Monitor cash transactions to ensure that bank account balances and unusual items are investigated

  • Oversee and direct the forecasting, monitoring and tracking of cash flow (weekly, monthly, quarterly, etc.). Work with Project Managers, Project Controllers and fundraising Department to accurately forecast timing and amount of future cash outflows.

  • Assure fund transfers to and from the line-of-credit or investment funds as needed or directed by the CFO or Treasurer

  • Review and approve all non-repetitive wire transfers; ensure transactions have appropriate documentation and authorization

  • Review bank fees, merchant card fees and provide reporting as needed

  • Support internal Audit, External Audit controls and reporting as needed

  • Work with Accounting and IT teams to post Treasury Transactions to G/L, sponsor management systems.

  • Continually evaluate the effectiveness of operational procedures and internal controls to maximize departmental productivity and minimize errors made by staff.

  • Resolve any denials and/or fraud situations in an urgent manner.

  • Manage monthly statement and related expense report submissions

  • Oversee foreign exchange activities of the organization are conducted according to established policy and procedures.

  • Perform other duties as assigned.

QUALIFICATIONS/EXPERIENCE

Requires:

  • 3 years of financial experience

  • Strong written and verbal communication skills

  • Highly organized individual with very strong record keeping skills

  • Strong computer skills, especially with Office suite applications (Excel, Word, PowerPoint and Outlook)

Preferred skills

  • Treasury operations and cash management experience

  • Experience trading FX on Bloomberg or 360T

  • Experience with online banking systems

  • Experience with Treasury Workstation Systems

  • Familiarity with Crystal Reports

  • Disclaimer: This job description is not an exhaustive list of the skill, effort, duties, and responsibilities associated with the position.

  • Certified Treasury Professional (CTP) designation preferred

EDUCATION

Bachelor's degree in business, economics or related field preferred

ChildFund International is committed to safeguarding the interests, rights, and well-being of children with whom it is in contact and to conducting its programs and operations in a manner that is safe for children.

EOE/M/F/Disabled/Veterans


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Cash Management Analyst

Markel Corporation

Posted 1 week ago

VIEW JOBS 10/14/2019 12:00:00 AM 2020-01-12T00:00 Company Information: What we look for Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of customer service and help maintain our position as a leader in the global marketplace. Markel Style The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below. If you think you have these core attributes we want to hear from you. Job Summary: The Cash Management Analyst is primarily responsible for safeguarding Markel's assets by maintaining appropriate liquidity, managing cash flows, and monitoring risk scenarios as it relates to the diversification and safety of short term investments. Job Responsibilities * Monitors and analyzes cash flow, liquidity and short term investment diversification of multiple legal entities and bank accounts * Liaises with accountants and other stake holders to resolve funding issues and to communicate necessary payment/transaction information * Maintains foreign exchange reporting and executes foreign exchange transactions as appropriate * Coordinates and executes new account opening and closing processes * Maintains accurate bank account records and related bank account management activities, to include accurate account signer records * Documents and maintains current state business models and process flows * Provides support to team and business partners in resolving cash or banking issues * Performs ad hoc research and analysis as needed, to include participation in the internal and external audit process and various ad hoc compliance requests * Drives continuous improvement by designing and implementing process efficiencies * Provide training and support to different areas of the business as it relates to process improvements * Champion for fraud prevention and cyber security Education * Bachelor's degree in accounting, finance or business required Certification * CTP Preferred Work Experience * 3-5 years in finance, accounting or business with cash management experience Skill Sets * Ability to work in a team environment * Excellent written and oral communication skills * Strong analytical and problem solving skills with strong attention to detail * Strong organization and task/time management skills * Intermediate skills in Microsoft Office products (Excel, Access, Outlook, Power Point, Word) * Ability to deliver outstanding customer service * Strong desire for continuous improvement * Comfortable in a fast paced environment with the ability to manage competing deadlines * Enthusiasm, initiative and takes pride in work performance "Why work for us?" Diversity and inclusion Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people's differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world. Community involvement Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising. Commitment to open doors Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Style—some of our best ideas start from a conversation between a manager and an employee. Entrepreneurial spirit As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel. Markel Corporation Richmond VA

Manager, Cash (303006-818)

Child Fund International