Cash Management Job Description

Cash Management Job Description

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Cash management provides a central point of contact between Commercial Banking Markets; Group Corporate Treasury and internal support functions across Markets & Lending Delivery.

Cash Management Duties & Responsibilities

To write an effective cash management job description, begin by listing detailed duties, responsibilities and expectations. We have included cash management job description templates that you can modify and use.

Sample responsibilities for this position include:

The process is to actively manage cash in all currencies and locations ‘real time’, intra-day monitoring of the forecast cash positions against the actual settlement in all of the nostro bank accounts and custody agents
Are accurately defined and formally validated by all stakeholders
Meet the Local Business needs, taking into account the consistency of the solutions from Regional and Global perspectives
To schedule the projects together with the various actors (Business representatives, IT, Local operations, transversal functions)
To coordinate the actions and ensure a constructive partnership with IT teams Business Lines
To organize the follow-up and the communication of the project through Project Committees, Steering Committees and ad-hoc meetings
To ensure the due delivery of the projects in term of scope and timeline, according to the objectives validated with the sponsors
To anticipate potential issues, to make sure milestones are achieved and to alert the management of any major deviance from the original plan
To understand and apply company's Standard methodology on change management where deemed appropriate
The primary focus will be on Cash Management projects for Korea and Taiwan

Cash Management Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Cash Management

List any licenses or certifications required by the position: CTP, CPA, PMI, SWIFT, FP&A, PMP, CFA, AAP, EPIC, DNS

Education for Cash Management

Typically a job would require a certain level of education.

Employers hiring for the cash management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Accounting, Business, Business/Administration, Education, Management, Associates, MBA, General Education, Economics

Skills for Cash Management

Desired skills for cash management include:

HSBC Group companies and product ranges
Day to day workings of a Corporate Treasury environment
Foreign exchange and payments
Treasury Foreign Exchange
HSBC Group's inter/intra clearing systems
Products and techniques
Global cash management
Local and regional cash management and clearing services
Business Banking Lending products
Business Investment Products

Desired experience for cash management includes:

Coordinate extensively with various other teams within Operations to ensure control frameworks are managed well and efficiency is improved
Project management roles for implementing and improving the team including system changes and new business development
Support to build up funding or operational process flow for new business
Analytical and independent problem solver who is also an effective team player
Knowledge of SAP is a must
Ability to work on own initiative and attention to detail

Cash Management Examples

1

Cash Management Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of cash management. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for cash management
  • Compliance rules and procedures
  • Take responsibility to report any incidents and suspicious cases
  • Maintain a clear focus on enhancing control, achieve operational efficiency and reduce operational risk
  • Manage team performance, provide coaching and guidance to team members for individual career development team development
  • Performing various other duties as assigned by supervisor and manager
  • Act as liaison between Shared Service Center and internal customers
  • Assist with integrations of new businesses, changes to existing commercial businesses that impact Accounts Receivables
  • In collaboration with the Fund Services team, develop and maintain strong governance over providers of client record-keeping
  • Performing special project(s) as needed, including supporting the integration of newly acquired companies into LMC's banking systems and processes
  • Fulfill customer advance and payment requests
Qualifications for cash management
  • A team player and ability to work under pressure in a team environment
  • Fluent in written & verbal English and Chinese
  • Minimum 5 years of hands-on cash sales experience with strong track record
  • Ability to work independently and also display the leadership potential
  • Minimum of 2+ years of experience in working with complex corporate (GC/FIG) client Relationship Management and Cash & Liquidity product sales
  • Must be self-motivated and may be required to undertake a considerable amount of travelling
2

Cash Management Job Description

Job Description Example
Our company is growing rapidly and is hiring for a cash management. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cash management
  • Reconcile previous-day transactions and resolve discrepancies.­ Analyze and project current and intraday cash activity to ensure proper cash funding availability
  • Prepare reports and settle cash with external and internal funding sources.­ Prepare daily cash reconciliation for various bank accounts.­
  • Provide support to customers, funding partners and Loan Officers
  • Participate in and support month end processes
  • Electronic Payment Processing and Reconciliation
  • Balance Transfer Processing
  • Process Regular Mail Payments in ICOMs, Prepare Related Deposits and Prepare Miscellaneous Cash Deposits
  • Support Treasury leadership in managing bank accounts and related documentation such as signature cards, officer certificates
  • Environics Advisor Perception Study 2016
  • Preparation of short term cash flow forecast (aligned with long term cash flow) for the strategic markets and manage excess or lack of cash with co-operation with Global Treasury daily cash reconciliation with actuals
Qualifications for cash management
  • Minimum 10 years of relevant industry experience required, with at least 5 years of team management experience
  • Ability to build effective teams, to lead / motivate through times of change and to coach, mentor and develop others
  • Ability to improve the quality and effectiveness of professional staff, systems and processes within a cost-conscious environment
  • Possess results oriented competencies including the ability to collaboratively develop the “best practice” within a fast paced and changing environment
  • Technical, analytical and organizational aptitude to identify issues and potential solutions
  • Strong knowledge of retail and wholesale treasury practices, technologies and software to develop and maintain “best practices” a plus
3

Cash Management Job Description

Job Description Example
Our company is growing rapidly and is hiring for a cash management. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cash management
  • Project manage, facilitate and lead new Cash Management solution implementations including vendor management, creating or updating operational policies and procedures, internal and external communication customer conversion planning, customer training, testing, data validation and bank wide rollout
  • Conduct research and ensure financial information is used to develop reports, projects
  • Investigate all legal, executive and corporate inquiries/escalations
  • Support periodic review of TCM finance core SOP(cash management) with FC&C team and closing of step-outs
  • Monitor standalone accounts in the region to ensure that all countries /legal entity and accounts are sufficiently funded
  • Consolidate Short-term and long-term cash forecasting
  • Execute daily operational forecast vs actual cash reconciliations in accordance with company policies and standard operating procedures
  • Identification of any chances on cross-border cash repatriation, including but not limited to quarter-end cash sweep, dividend and loans
  • Perform daily review of non-electronic reporting bank account balances and update balances to respective Treasury platform for the purposes of cash-on-hand reporting, forecasting and liquidity management
  • Participate in Cash management related projects execution
Qualifications for cash management
  • Basic knowledge of computer software and hardware
  • Excellent computer and computer software skills are needed, including industry specific billing system (ICOMS), PeopleSoft, Microsoft Office, Excel, Access, Word and IssueTrak
  • Requires self-motivation, accuracy and the ability to perform effectively in a fast paced customer service environment
  • Familiarity with general bookkeeping procedures
  • Experience with Oracle eBusiness Financials
  • Primary work environment is within a corporate office setting
4

Cash Management Job Description

Job Description Example
Our innovative and growing company is hiring for a cash management. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for cash management
  • Build expertise in the cash management nuances for the region
  • Daily Reconciliation of Theater Deposits\Change Fund
  • Research deposit
  • Responsible for the routine review of approved risk exposures to ensure that the approved amounts are maintained accurately and consistently within the various applications, to include business online banking and multiple Fiserv applications
  • Will research information and develop responses to the audit reports/findings for Cash Management department
  • Responsible for the daily monitoring of transactions processed through the business online banking application
  • Responsible for the routine monitoring of process exceptions to ensure that appropriate review has been conducted and necessary approvals have been obtained
  • Establish new bank accounts as needed
  • Direct and manage all lockbox operations concentration accounts
  • Assisting in gathering bank statements and tax documents for team deadlines
Qualifications for cash management
  • PC skills including working knowledge of Microsoft Office
  • Strong accounting skills, with minimum 4+ years experience in Finance and Accounting
  • Candidate must have a working knowledge of MS Excel , MS Word, and MS Powerpoint
  • Minimum 2 years experience/knowledge in cash management products or 2+ years in a business banking team with cash management exposure required
  • High attention to detail and the ability to work well in a fast-paced team
  • Ability to lead and manage high performance teams, appropriately delegate, take action to pursue opportunities, address issues, or solve problems through team cohesion and collaboration
5

Cash Management Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of cash management. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for cash management
  • Assisting with A/P entry and check printing
  • Updating documents as needed (wire templates and acknowledgement letter requests)
  • Filing, scanning, data entry and report binding
  • Maintaining client files and some administrative functions for clients
  • Performing bank reconciliation on timely basis
  • Performs daily corporate cash management and forecasting activities
  • Determines daily cash balances available for investment
  • Establishes and manages bank relationships
  • Perform transactions and resolve errors
  • Reports cash operation activities
Qualifications for cash management
  • Bachelor's degree in Accounting, Finance, Economics or Mathematics and/or related experience
  • Entry Level to five years of experience
  • Proficient in Microsoft Office applications, including Outlook, Excel, Word and Access
  • Ability to work independent must possess decision making skills and ability to use discretion to rectify potential significant customer issues
  • A relevant Secondary/Tertiary Qualification in Financial Accounting will be advantage
  • Extensive knowledge/experience SAP accounting

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