Cash Management Sr Financial Analyst
About The Position
This position is responsible for the daily tactical operations of the centralized cash management program of CommonSpirit Health. Responsibilities include related cash management reports, other financial analysis as needed, initiation of all wires/ach, customer service, and bank account management. This position will interact with a diverse range of bank professionals, internal financial staff, management and divisional markets. Performs all responsibilities related to the operations of the centralized cash management program (CMP), including: daily cash positioning, production of daily and final in-house bank (IHB) statements, book transfers, transactional research, month-end processes, and cash reconciliation of Cash Management Program and In-House Bank . Responsible for auditing and initiation and/or approval of all wires and ACH intercompany payments (dual authorization required) into the bank portals ensuring that all policies and procedures are followed. Serves as liaison between the banks and division markets/hospitals to implement new services and resolve customer service issues and responsible for provisioning and auditing of user access in each bank portal. Will also be responsible for remote deposit provisioning, setting up courier service, and bank supply orders. Owner of the bank account management database including signer maintenance. Will open/close all bank accounts and will complete all bank account service documentation. Reviews expenses associated with cash flows such as bank account analysis. Coordinates with bank partners and bank fee vendors on correcting any variances to negotiated pricing. Serve as primary contact for all internal/external audits. Responsible for the tracking and calculation of interest expense on overdraft/negative cash balances and the preparation of the related intercompany ACH. The job summary and responsibilities listed above are designed to indicate the general nature of the work performed within this job. They are not designed to contain or be interpreted as a comprehensive inventory of all job responsibilities required of employees assigned to this job. Employees may be required to perform other duties as assigned.
Requirements
- Bachelors in Accounting, Finance or related field Required
- Must have three to five years of experience in cash management or banking, accounting, finance or healthcare treasury Required
- Required Language Ability: Intermediate: Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals; Ability to write routine reports and correspondence; Ability to speak effectively before groups of customers or employees of the organization.
- Math Ability: High: Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry; Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
- Reasoning Ability: Intermediate: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form; Ability to deal with problems involving several concrete variables in standardized situations.
- Computer Skills: Must have advanced Excel skills with extensive knowledge of, and experience with macros, formulas etc.
Nice To Haves
- Certified Treasury Professional designation (CTP)
Responsibilities
- daily cash positioning
- production of daily and final in-house bank (IHB) statements
- book transfers
- transactional research
- month-end processes
- cash reconciliation of Cash Management Program and In-House Bank
- auditing and initiation and/or approval of all wires and ACH intercompany payments
- liaison between the banks and division markets/hospitals to implement new services and resolve customer service issues
- responsible for provisioning and auditing of user access in each bank portal
- remote deposit provisioning
- setting up courier service
- bank supply orders
- bank account management database including signer maintenance
- open/close all bank accounts
- complete all bank account service documentation
- reviews expenses associated with cash flows such as bank account analysis
- coordinates with bank partners and bank fee vendors on correcting any variances to negotiated pricing
- serve as primary contact for all internal/external audits
- tracking and calculation of interest expense on overdraft/negative cash balances and the preparation of the related intercompany ACH
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
