Job Description
We currently have an opportunity for a TREASURY AND CASH CONTROL ACCOUNTANT to join our Accounting team in Glendale, CA.
RESPONSIBILITIES
- Reconcile deposit activity to point of sale data on a daily basis utilizing bank reconciliation software for consolidated cash and check depository and individual/third party bank accounts
- Assist field personnel in researching deposit variances and other deposit-related issues.
- Reconcile on a monthly basis high-volume bank accounts including consolidated cash and check deposit accounts, individual/third-party accounts, owner accounts, payroll accounts, and clearing company accounts
- Investigate and resolve reconciling items via journal entry, funds transfer, and/or adjustment of a customer’s account
- Load daily bank and point-of-sale data to bank reconciliation software and coordinate automated reconciliation
- Prepare analysis of bank and credit card processing fees for review by Manager or Director of Treasury and Cash Control. Assist in resolution of billing errors.
- Coordinate closely with banks, credit card processor, and Third Party Management to ensure that new properties are enabled to accept all forms of payment
- Download credit card charge-backs from card processors/networks’ websites, create and distribute monthly and weekly reporting to field operations, and assist field personnel with charge-back research
- Update weekend deposit list
- Prepare and process daily ACH transfers to concentrate cash and check depository funds
- Prepare daily deposits of checks sent to the corporate office
- Assist existing properties with banking needs, including switching banks, ordering supplies and serving as the liaison for any issues that arise between property managers and the local branches
- Prepare quarterly interest income reasonableness test.
- Analyze and process invoices for payment
- Fulfill external auditor requests for year-end audit
- As backup, determine daily cash position and appropriate investment amounts for multiple corporate entities
- As backup, process time-sensitive and often large-dollar payments and funds transfers via wire and ACH