Cash Manager

Cornerstone Capital Bank•Englewood, CO

4d•Onsite

About The Position

Cornerstone Servicing is seeking an experienced Cash Manager to oversee cash management, reconciliation, and cash flow activities within a mortgage servicing environment. This role will be responsible for managing loan funds and payoffs, monitoring daily cash transactions, processing incoming and outgoing wire transfers, reconciling bank statements and general ledgers, and ensuring cash application and disbursements are completed accurately and timely. The Cash Manager will also forecast and monitor cash flow, prepare cash flow reports, investigate variances and unusual transactions, and support cash-related journal entries and process documentation.

Requirements

Bachelor’s degree in Accounting, Finance, Economics or equivalent experience
Minimum 3 years in mortgage banking/servicing environment
Must have advanced excel skill; strong Microsoft office suite
Familiarity with bank cash management systems
Excellent verbal and written communication skills; team player
Knowledge of accounting practices and standards
Strong managerial, planning, organizational, decision making, interpersonal, analytical and lateral thinking skills
MUST be trustworthy with high integrity

Nice To Haves

Programming experience highly preferred

Responsibilities

Handle Loan funds and Loan payoffs.
Utilize Loan Vision Accounting and ERP software.
Complete all cash management set up documentation for new and existing department processes
Reconcile cash application and disbursement in a timely manner
Monitor cash transactions to ensure bank account balances and unusual items are investigated
Forecast, monitor and track cash flow
Prepare cash flow reports, and identify and evaluate variances
Receive incoming wire transfers and process outgoing wire transfers
Reconcile bank statement and general ledgers
Assist with posting journal entries for cash related transaction
Additional responsibilities as assigned