Cash Management & Reconciliation

Job Description

Job Title: Cash Management & Reconciliation

Department: Finance

Reports To: Director of Treasury

Status: Exempt

Date: March 2021

Broad Functions: The Cash Management & Reconciliation Analyst (CMRA) is responsible for executing the companys daily cash management activities and account reconciliation to support the companys and treasurys operations. This position is responsible for accurate and timely posting of cash activities. The CMRA works closely with the Accounting Department in attaining cash liquidation process looking for accuracy to ensure organizational goals. Attains established individual, department, and bank goals through active participation in Cash Management processes and procedures.

Main Duties and Responsibilities:

• To ensure accuracy of the interfaces between Corporate Cash Management tools and the ERP Financial system
• Perform daily cash and credit card reconciliation activity for all locations.
• Manage cash requirements for each location and coordinate process with Accounting, Business Analysis and Loss Prevention Departments
• Work with the Accounting Department to ensure that information is consistent, accurate and reflects our operations in the POS.
• Interact with IT and business applications department to solve and clarify any deficiency in the process and flow or information.
• Interact with our Corporate Treasury Team Confirm to clarify any discrepancy on the information provided by the different tools.
• Oversee established and monitored appropriate cash control procedures for the collection and custody of cash receipts and the transfers to the general ledger.
• Responsible for the reconciliation of all cash in as its appropriate booking in our ERP Financial System
• Responsible of the sales integration from our POS system to our ERP Financial system
• Responsible for the liquidation process which will require interaction with several departments, IT, Loss Preventions, Operations and Accounting
• Lead cash teller teams in a manner that ensures high quality customer care focused on building and retaining valuable staff committed to the delivery of quality work.
• Responsible for cash room logistics and training activities
• Responsible for the compliance of departmental policies and procedures.
• Ensure that all processes are documented, in accordance with Corporate Cash Management tools and business needs.
• Facilitate regulatory compliance and successful outcomes in internal/external review and audits.
• Serve as the lead communicator and interpreter to locations regarding the organizations vision, strategy and performance. Is the liaison between the locations and the Treasury Department.
• Perform other functions as requested by the VP of Finance.

Skills and Qualifications:

• Knowledge and previous experience on managing ERP SAP (preferable)
• Previous experience on Food and Beverage or Retail industry (preferable)
• Associate Degree in Accounting preferred and at least 3 years of experience in field or in a related field
• Strong analytical, problem-solving skills with attention to detail
• Process oriented and mind set structure to flows, processes and procedures.
• Excellent written and verbal communication skills
• Strong organizational skills
• Strong Excel, Word, and Power Point skills
• Experience working with multidisciplinary teams and departments.

Physical Demands:

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is required to sit for extended periods of time. This position is performed within an office environment whose duties are primarily performed behind a desk. Employees in this position frequently operate a computer, read and write, and interact with others in person, over the phone, and via other devices. They move about within the office to access file cabinets, documents, office machinery, and other equipment. Specific vision abilities required by this job include close vision and the ability to adjust focus. They may also have to do some light lifting of supplies and materials from time to time. Occasionally move objects weighing up to 25 lbs., and sometimes, but rarely, up to 50 lbs.

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Commute/Relocate:

• Miami, FL 33126 (Preferred)

Education:

• Associate (Required)

Experience:

• Microsoft Excel: 3 years (Preferred)
• SAP Finance & Controlling: 4 years (Preferred)

Work Location:

• One location

This Job Is:

• A job for which military experienced candidates are encouraged to apply
• A job for which all ages, including older job seekers, are encouraged to apply

Company’s website:

• https://us.areas.com/

Benefit Conditions:

• Waiting period may apply

Work Remotely:

• No

COVID-19 Precaution(s):

• Personal protective equipment provided or required
• Plastic shield at work stations
• Temperature screenings
• Social distancing guidelines in place
• Virtual meetings
• Sanitizing, disinfecting, or cleaning procedures in place