CASH MANAGER SUMMARY OF FUNCTIONS

The Cash Manager oversees the organization’s daily, weekly, and monthly cash flow. They are responsible for reducing the amount of “collectable” cash while, at the same time, maximizing the amount of time between receiving goods and paying for them, all in accordance with industry and regulatory guidelines.

CASH MANAGER ESSENTIAL DUTIES AND RESPONSIBILITIES

• Verify proper signatures (endorsements) on checks.
• Monitor and control the flow of cash coming into and going out of the organization, helping ensure the company’s business and investment needs are met.
• Project /forecast cash flow in and out and determine if the organization will have enough cash, need a loan, or have more cash than needed (to be invested); research investment options.
• Safeguard, verify, and control all cash assets.
• Establish and maintain banking relationships.
• Establish and maintain cash movement policies, procedures, and controls.
• Prepare and deliver treasury reports (cash balances, cash projections, credit reviews, etc.).

ORGANIZATIONAL RELATIONSHIPS

Reports directly to the Accounting Manager. Assists and works in conjunction with Accounting, Sales, and Customer Service staff.

PROCEDURES

The Cash Manager Job Description is mentioned in the following procedures:

CASH MANAGER QUALIFICATIONS

A bachelor’s degree in accounting is required, as is experience in cash management. Good communication skills and the ability to work well with people are essential.  Experience with accounting or cash management applications is desired.

CASH MANAGER PHYSICAL DEMANDS

Ability to communicate orally with customers, vendors, management, and other co-workers is crucial. Regular use of the telephone and e-mail for communication is essential. Sitting for extended periods is common. Hearing and vision within normal ranges is essential for normal conversations, to receive ordinary information and to prepare or inspect documents.

Activities require the ability to remain in a stationary position 50% of the time, occasionally move about inside the office to access files or office equipment, operate a computer and other office productivity machinery, such as a calculator, hand held devices, copy machine, and computer printer, and operate and monitor various medical equipment. Must be able to constantly position self to maintain equipment, including under tables and desks.

No heavy lifting is expected. Exertion of up to 10 lbs. of force occasionally may be required. Good manual dexterity for the use of common office equipment such as computer terminals, calculator, copiers, and FAX machines.

WORK ENVIRONMENT

The job is performed indoors in a traditional office setting. Activities include extended periods of sitting and extensive work at a computer monitor and phone.