Cash Specialist

Cash Management Specialist – Key Responsibilities

Daily Banking & Cash Reporting

• Identify and resolve variances in daily banking and cash reporting for Multifamily operations.
• Manage ACH transactions and wire transfers, ensuring all negative positions are addressed within divisional and corporate policy timeframes.

Bank Reconciliation & Accounting

• Perform reconciliations for Multifamily-controlled bank accounts.
• Collaborate with Accounts Payable to ensure accurate accounting for all Multifamily expense payment transactions.

Policy & Procedure Management

• Implement and maintain Cash Management team policies and procedures.
• Conduct scheduled and ad hoc reviews and updates to documentation as required.

Project Support & Testing

• Support departmental projects and initiatives.
• Serve as a User Acceptance Tester (UAT) for system enhancements and process improvements.

Cash Movement Tracking

• Monitor and track cash movement activities using proprietary systems and external banking applications.

Wire Setup & Counterparty Validation

• Assist with counterparty reviews and validations prior to wire instruction setup and maintenance.

Reconciliation & Reporting

• Reconcile internal records to monthly general ledger entries and/or bank statements.