Cash Management Analyst

Overview

This role supports the organization’s cash management and banking operations for a national healthcare provider. The position involves administering financial accounts, monitoring daily cash position and liquidity, supporting cash management systems (PeopleSoft modules), managing merchant account requests and reporting, maintaining cash-related documentation and records, and providing backup support for stock donation processing.

Responsibilities

• Administer all financial accounts, including updating account resolutions and signatories; opening and closing accounts; daily balance reconciliation; bank account analysis; cash management reporting; and daily cash reconciliation.
• Maintain relationships with banks and financial institutions and represent the organization in day-to-day banking matters, including daily issue resolution.
• Assist the Manager, Cash & Investment Operations with evaluation of new banking products and services as needed.
• Collaborate with the Corporate Accounting team (GL, AP, and AR).
• Analyze the organization’s cash position daily; monitor cash flow to ensure operating liquidity targets are met.
• Provide short-term cash flow forecasts for cash and liquidity management.
• Process wires and account transfer transactions for all bank accounts.
• Execute approved investment transactions and facilitate fund transfers.
• Serve as a subject matter expert (SME) for PeopleSoft Cash Management, Banking & Financial Gateway Modules, including:
  • Bank reconciliations
  • Cash position reporting
  • Cash settlements and sweeps
  • Reporting and related module support
• Work with the Accounting organization to complete tasks and resolve issues, including month-end close responsibilities.
• Support internal requests for merchant accounts by processing new account applications.
• Act as a liaison between departments and affiliated organizations that process credit card transactions and merchant banks.
• Maintain a Master List of merchant accounts.
• Review monthly merchant statements to identify cost-reduction opportunities and prepare merchant credit card volume reports.
• Update standard operating procedures and business process documentation for the cash management function.
• Maintain records for bank accounts and related activities to support internal and external audit requirements.
• Provide training to staff serving as backup for the cash management function.
• Serve as backup for stock donations, including transfer and liquidation of stock, maintenance of brokerage accounts and related relationships, and donor reporting and communication.

Requirements

• Bachelor’s degree in business administration, finance, accounting, healthcare administration or related field.
• Minimum 3 years of work experience in a corporate cash management or retail banking environment.
• Strong problem-solving and self-management ability.

Compensation & Benefits

• Job status: Full time, exempt
• Salary range: $71,760 - $98,877
• Pay is based on work experience, qualifications, and work location.

Location

Not specified in the provided posting.