Job Description

Job Description

SUMMARY OF DUTIES AND RESPONSIBILITIES:

The Cash Management oversees the organization's daily, weekly, and monthly cash flow. Analyst is responsible for the reconciliation of receipts and disbursements, respond to payment inquiries from vendors and internal teams

General tasks and responsibilities will include:

• Reconcile bank statements with internal accounting records to identify discrepancies and resolve any issues promptly.
• Reconciliation: Reconcile bank statements with internal accounting records to identify discrepancies and resolve any issues promptly.
• Payment Processing: Oversee payment processes, ensuring that invoices and expenses are paid on time.
• Bank Relationship Management: Maintain relationships with banks and financial institutions, negotiate terms for banking services, and evaluate the performance of banking products and services.
• Debt Management: Monitor and manage the organization's debt, including loans, credit lines, and bonds, to ensure compliance with debt covenants and efficient debt service.
• Cross-Functional Collaboration: Collaborate with accounting, accounts payable, payroll and other departments to ensure alignment of cash management activities with broader financial strategies.
• Risk Management: Identify and mitigate risks associated with cash management, such as fraudulent activities.
• Liaison with Grant Department, track grant drawdown requests from different funding agencies, prepare and submit drawdown requests to OMB, including the necessary documentation and supporting information.
• Grant Funding: Monitor, track and report grant funding
• Audit Support: Assist with internal and external audits by providing documentation and explanations related to cash management activities.
• Ad Hoc Analysis: Conduct ad hoc financial analysis and provide insights to support decision-making by senior management.

PREFERRED SKILLS:

• Strong analytical skills, proficient in MS excel for data analysis and financial modeling
• Banking knowledge, understanding of bank products, services and regulations
• Attention to details, accuracy in handling financial transactions and data
• Time management: efficiently manage multiple tasks and meet deadlines
• Experience with financial audits
• Strong communication skills (written and verbal)
• Strong organizational skills
• Capable of work independently while also being a valuable team player