Experienced Associate – Cash Management Support

Experienced Associate – Cash Management Support

Requirements

• B.A. in Finance or Accounting required
• 5-7 years of work experience (preferred)
• Knowledge of cash management principles and banking operations
• Proficiency in MS Office Suite, particularly Excel (including pivot & vlookup)
• Self-starter/proactive/takes initiative/eager to learn
• Strong analytical and problem-solving skills
• Team player/effective collaborator
• Excellent written and verbal communication skills
• Strong organizational skills and attention to detail
• Ability to multi-task
• Ability to work independently and escalate issues when necessary

Responsibilities

• Manage daily cash management activities, including monitoring cash positions to ensure sufficient funding for daily operations and upcoming commitments
• Process domestic/foreign payments (i.e payroll, tax, distributions, interest payments) for US/Canada/Israel entities via Kyriba and various bank portals
• Perform verbal/written confirmation for external payees and create/maintain wire templates in Kyriba
• Process internal transfers (i.e fund payroll) and intercompany settlements (monthly/quarterly)
• Monitor cash disbursements to ensure proper receipt by third parties, escalating issues when necessary
• Assist in identifying and processing receipts (i.e client fees)
• Responsible for preparing and updating cash forecasts for US/Canada/Israel in Kyriba
• Monitor account balances/cash flow activities in Kyriba to ensure data accuracy
• Add cash flows to Kyriba for non-integrated accounts
• Record financial transaction purchases and maturities/sales (i.e T-bill) in Kyriba
• Coordinate with the Treasury team to align cash forecast details for weekly management reports
• Assign budget codes to cash flow activities in Kyriba
• Maintain accurate bank information (i.e account numbers, routing numbers, contact information) in Kyriba
• Process check deposits remotely, research deposits/withdrawals that were returned or not received by recipient
• Daily monitoring of ACH and check Positive Pay exceptions in bank portal and address exceptions timely
• Review outstanding checks and reconcile outstanding cash activities to ensure issues are resolved in a timely manner
• Responsible for preparing and completing bank forms (i.e account openings, update signers, KYC paperwork)
• Act as the facilitator for all banking inquiries
• Support month-end and quarter-end closing processes (i.e bank to GL reconciliation)
• Assist in gathering and providing support to internal and external auditors
• Proactively identify opportunities for process automation and efficiency improvements
• Perform ad-hoc reporting as requested

Preferred Qualifications

• Kyriba experience (preferred)
• Workday ERP (preferred)