What are the responsibilities and job description for the Cash Accountant position at OmniForce?
Job Description Our client is seeking a Cash Accountant to oversee daily cash management and treasury accounting activities. This role will be responsible for monitoring cash positions, performing bank reconciliations, supporting cash forecasting, recording cash transactions, and ensuring the accuracy and integrity of cash-related financial information. The Cash Accountant will work closely with Accounting, Shared Services, Purchasing, Sales, Accounts Receivable, Accounts Payable, and banking partners to optimize cash flow, maintain strong internal controls, and support financial reporting and operational objectives.
Key Responsibilities Monitor daily cash balances across multiple bank accounts and prepare daily cash position reports. Perform daily, weekly, and monthly bank reconciliations, researching and resolving outstanding reconciling items. Record and reconcile cash-related journal entries in accordance with U.S
GAAP and company policies. Process and monitor electronic payments, wire transfers, ACH transactions, and positive pay activities while maintaining appropriate controls and approvals. Prepare short-term cash forecasts and assist with longer-term cash flow forecasting and liquidity planning.
Partner with Accounts Receivable to support timely cash application and resolution of unapplied cash items. Coordinate with Accounts Payable on vendor payment schedules and cash management. Maintain banking records, authorized signer documentation, and treasury-related files.
Assist with establishing, documenting, and maintaining internal controls over cash receipts, disbursements, and banking activities. Support month-end and year-end close activities by preparing reconciliations, journal entries, and supporting schedules related to cash accounts. Assist with internal and external audits by providing requested documentation and responding to audit inquiries.
Monitor bank fees and identify opportunities to improve banking services and reduce transaction costs. Support treasury and finance initiatives, including bank account management, cash management projects, ERP enhancements, and process improvements. Identify opportunities to automate cash management processes and improve efficiency through technology and standardized procedures.
Maintain compliance with company policies, banking requirements, and applicable financial regulations. Education & Experience Bachelor's degree in Accounting, Finance, or a related field. 3-5 years of accounting experience with an emphasis on cash accounting, treasury accounting, or general ledger accounting.
Strong understanding of U.S. GAAP and accounting principles. Experience with bank reconciliations and cash management activities
Proficiency with Microsoft Office Suite, particularly Excel. Advanced Excel skills preferred. Experience with ERP systems and online banking platforms preferred.
Strong analytical, organizational, and problem-solving skills. Excellent attention to detail with the ability to manage multiple priorities and meet deadlines. Strong written and verbal communication skills.
Additional Information No supervisory responsibilities. Opportunity to contribute to cash management, treasury, process improvement, and ERP initiatives. Works cross-functionally with Accounting, AP, AR, Purchasing, Sales, and external banking partners.