Cash Manager (bilingual Korean)

Cesna Recruitment•Pittsburgh, PA

22h

About The Position

The Cash Manager is responsible for managing and optimizing the company’s cash flow, banking relationships, and liquidity. The role oversees daily cash operations, monitors bank accounts, manages short-term investments and borrowings, and ensures compliance with internal controls and corporate policies. The Cash Manager also supports treasury forecasting, intercompany funding, and reporting to management and headquarters.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related field.
5+ years of experience in treasury, cash management, or corporate finance.
Proficiency with SAP and Excel.
Strong analytical, problem-solving, and organizational skills.
Excellent attention to detail and accuracy.
Solid understanding of banking operations, cash flow forecasting, and FX exposure.
Effective communication and cross-functional collaboration skills.
Advanced Excel skills and familiarity with financial modeling.

Nice To Haves

Fluency in Korean is preferred.
Firm banking experience is preferred.

Responsibilities

Manage daily cash inflows and outflows, including vendor payments, customer collections, and internal fund transfers.
Perform daily cash reconciliation between bank accounts and SAP records to ensure accurate postings.
Review and approve payment runs for vendor, payroll, tax, and intercompany payments in accordance with company policy.
Prepare daily cash summary reports covering actual balances, pending payments, and available liquidity.
Conduct end-of-day cash closing to confirm bank transactions, disbursements, and receipts are properly recorded and reconciled.
Manage company credit facilities, including lines of credit, term loans, and intercompany borrowings.
Track loan balances, interest accruals, and repayment schedules to ensure timely payments.
Coordinate loan drawdowns and repayments based on cash flow requirements.
Support negotiation of new credit lines or refinancing as needed.
Prepare and update monthly, quarterly, and yearly cash flow forecasts.
Analyze actual versus forecasted cash flow and explain variances.
Report cash position, credit lines, and investment balances to management and headquarters.
Implement and maintain treasury-related internal controls, including dual approvals and segregation of duties.
Support compliance with SOX and internal-control requirements and respond to audit requests.
Ensure proper authorization for wire transfers, intercompany loans, and payments.