Sr. Cash Management Specialist

optimum • Bethpage, NY

41d • $42,000 - $69,000

About The Position

The Cash Management team supports customers and internal groups in processing and reconciliation of customer cash payments. The Sr. Specialist is primarily responsible for cash reconciliation and quality control of all monies collected, including auditing of the Cash Management Specialists' daily cash reconciliations for accuracy. This role also oversees operational reporting and timely compliance of all financial reporting.

Requirements

• High School Diploma or equivalent required. Advanced education in Finance, Business, or a related field preferred
• Experience in banking or telecommunication industry, including billing and order processing is preferred
• Demonstrated proficiency in Excel formulas, macros, Pivot tables, and Access to create and analyze databases related to departmental performance and customer billing trends
• Proficiency with PowerPoint and Visio to document process requirements using in a clear and understandable manner that cover key actions, indicators, and policies
• Proven ability to perform multiple duties in a busy, deadline-driven environment with minimal supervision required
• Strong attention to detail with the ability to handle a large of volume of data.
• Ability to work in a fast-paced collaborative environment, with the ability to change direction quickly and seamlessly
• Process-improvement mindset, with an inclination for identifying more efficient ways of working
• Must be an outstanding team player with experience in facilitating cross-department cooperation on complex issues
• Ability to work flexible hours, including evenings, weekends, holidays and overtime as required

Responsibilities

• Develop and maintain exceptional knowledge of the subscribers' monthly billing statement which includes charges, prorates, credits, install fees, and late fees.
• Manages cash management records, cash handling discrepancies, bank deposits, and reconciling the payment batch summaries daily to the bank statement, while meeting cash requirements as dictated by Corporate Accounting.
• QC and verify all operational reports and systems, identifying issues and managing solutions that have direct customer and financial impact; and assess the effectiveness of internal controls over financial reporting.
• Use advanced knowledge of processes and functional relationships to perform cash reconciliation and quality control of all monies collected enterprise-wide, balancing and reporting on cash, check, and credit card deposits received from retail stores, lockboxes, 3rd party vendors, ACH, e-bill, and electronic banking and resolving deposit variances incurred by customer, bank and/or internal departments; ensure timely compliance of all financial reporting.
• Create checks and balances and verification processes to ensure these monies are reconciled and/or posted accurately in accordance with good accounting processes, procedures, and controls to submit to management for review.
• Responsible for reporting concerns regarding

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED