What are the responsibilities and job description for the Cash Accounting Specialist position at whitewatermidstream?
This position will be a member of the WhiteWater accounting department in Austin. Responsible include assisting in daily cash accounting operations, preparing cash journal entries and reconciliations. This role helps in the execution of the company’s daily cash payment and receipt process, ensures accurate allocation of funds across multiple entities and accounts, and supports liquidity planning, and process improvement initiatives.
Responsibilities:
- Assists in daily cash accounting operations and prioritizing workloads
- Monitors daily bank balances, liquidity needs, and cash positions across multiple accounts and legal entities
- Executes payment processing, including wire transfers, ACH disbursements, internal transfers and transfer requests
- Prepare weekly cash forecast across multiple accounts and entities
- Prepare daily cash postings and transaction coding activities
- Execute the company’s cash waterfall process and creation of transfer requests
- Execute payments in treasury management system and bank portals
- Create monthly reconciliations of bank accounts, clearing accounts, and cash subledgers
- Investigate and resolve discrepancies related to bank activity, receipts, disbursements, and cash applications
- Keep to assigned schedule to best support the position's workgroup and related departments.
Qualifications:
- 3 years of experience in cash accounting and treasury operations
- Experience with project finance structure such as cash waterfalls process and transfer requests
- Experience with treasury management systems and bank portals
- Proficient in Microsoft Office Suite
- Strong analytical, organizational, and problem-solving skills
- Excellent verbal and written communication skills
- Bachelor’s degree in Accounting, Finance or Business Administration
Benefits: This position is located in Austin, Texas and is an in-office position. Selected candidate is eligible for employer matched 401(k), medical, dental, vision, basic life and AD&D insurances and other benefit offerings.