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Cash Manager

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Triple-S Steel

2024-11-05 14:44:30

Job location Houston, Texas, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Overview:
We are seeking an experienced Cash Manager with 3-5 years of experience to join our team. This role will be responsible for the strategic management of company funds and play a critical part in maintaining financial health. The Cash Manager will oversee the allocation of cash balances, loans, cash adequacy for disbursements, and investments, ensuring optimal cash flow for day-to-day operations.The ideal candidate will have a keen eye for detail and is experienced in forecasting.

Responsibilities:
Manage company funds, ensuring efficient allocation and availability for operational and investment purposes.

Oversee and review cash balances, loans, investments, and optimizing liquidity and returns.

Review and forecast cash flow, correcting any discrepancies or imbalances in projected and actual cash levels.

Conduct daily, weekly, and monthly cash reconciliations to maintain accuracy in financial reporting.

Secure favorable credit card processing rates, optimizing transaction costs and supporting the company's financial goals.

Monitor compliance with state financial laws and company policies, implementing corrective actions as necessary.

Prepare cash flow reports and provide insights to assist in strategic financial decision-making.

Support relationships with banks and financial institutions.

Identify and implement improvements in cash management processes and systems for efficiency and effectiveness.

Report directly to the Treasurer and support them in all cash management initiatives.

May now or in the future have direct supervisor responsibilties.

Qualifications:
Bachelor's degree in Finance, Accounting, or a related field (preferred).

3-5 years of cash management experience, preferably within the steel industry.

Strong analytical skills with a focus on detail and accuracy.

Proficiency in financial software and MS Office Suite, particularly Excel, as well as with cash management systems and banking platforms.

Excellent communication and problem-solving skills.

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