What are the responsibilities and job description for the Cash Management Specialist position at Continental?

Cash Management Specialist

Department : Accounting 500002

Employment Type : Full Time

Location : Sterling Heights

Compensation : $65,000 - $75,000 / year

Description

The Cash Management Specialist is responsible for overseeing and optimizing the company's cash flow, ensuring efficient and effective management of cash resources. This role involves monitoring daily cash transactions, managing bank accounts, and implementing cash management strategies to maximize liquidity and minimize financial risk.

Key Responsibilities

Key Responsibilities :

Daily Cash Operations : Monitor and manage daily cash positions, ensuring sufficient liquidity for operational needs.
Bank Account Management : Maintain and reconcile bank accounts, ensuring accuracy and timely resolution of discrepancies.
Cash Forecasting : Prepare and analyze cash flow forecasts to anticipate cash needs and inform strategic decision-making.
Investment Management : Assist in the management of short-term investments to optimize returns on excess cash.
Treasury Operations : Support treasury functions, including wire transfers, ACH payments, and other cash disbursements.
Compliance : Ensure compliance with internal controls, policies, and regulatory requirements related to cash management.
Reporting : Generate and present regular cash management reports to senior management.
Process Improvement : Identify and implement process improvements to enhance the efficiency and effectiveness of cash management operations.

Skills, Knowledge and Expertise

Qualifications :

Preferred staff accounting background : 2-3 years preferred

Education : Bachelor's degree in Finance, Accounting, or a related field.

Experience : Minimum of 3-5 years of experience in cash management, treasury, or a related finance role.

S kills :

Strong analytical and problem-solving skills.

Proficiency in financial software and Microsoft Office Suite, especially Excel.

Excellent communication and interpersonal skills.

Attention to detail and high level of accuracy.

Ability to work independently and as part of a team.

Preferred Qualifications :

Professional certification such as Certified Treasury Professional (CTP) or similar.

Experience with cash management systems and banking platforms.

CONALB

Benefits

Working Conditions :

Office environment with occasional remote work flexibility.

May require occasional travel for training or meetings.

We prioritize the health, wellness and work-life balance of our team members and designed our comprehensive compensation packages to reflect that.

Full-time team members are eligible for medical, dental and vision insurance, life insurance, disability insurance, parental leave, 401(k) with company match, at-work dining perks, flexible schedules, generous PTO, and a total rewards program. Team Members can also use our inclusive employee assistance program.

Part-time Team Members are eligible for our 401(k) with company match, at work dining perks and team members can also use our inclusive employee assistance program.

Location-specific perks may also include wellness programming, on-the-job training, corporate-hosted courses, certifications and team events.

Salary : $65,000 - $75,000

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Cash Management Specialist

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