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Treasury Cash Manager - Parsippany, NJ

As Treasury Cash Manager you will effectively manage the Cash Receipts team; you will be involved in accounting functions including the daily management of client operating cash receipts and related daily balancing and reporting. This position will report to the Assistant Controller. In this position you will interact with partners and lawyers, senior management, Billing and Collection team, and staff members at every level.

Responsibilities:

Key duties and responsibilities will include, but are not limited to, the following:

  • Manage the Cash Receipts team and related daily operational responsibilities; ensure team members are properly educated in all related functions.
  • Maintain accurate and complete cash receipt records.
  • Ensure all cash received is properly recorded and deposited thru processing of cash receipts sessions, posting of lock box sessions, credit card and ACH sessions, presented paper checks, and incoming EFT deposits; including - lockbox imports, e-payment imports, processing remote deposits for collection of live checks delivered to the office; record incoming wires and ACH payments.
  • Ensure all supporting payment images are imported for all cash receipt sessions.
  • Maintain on-line banking application sites with proper user credentials.
  • Work with the Billing and Collection team to identify posting of cash receipts submitted without a payment advice.
  • Balance and reconcile prior day cash receipt sessions to bank reports to ensure all deposits are accurately recorded.
  • Prepare daily Cash Receipts Report, listing the day's collections and estimated cash balance.
  • Collaborate with the department senior management team to drive operational efficiencies within the group.
  • Participate in departmental projects relating to operational improvements.
  • Proactively look for opportunities to optimize current reporting, accounting workflow, and develop new technological approaches to gain operational efficiency.

Requirements / Experience:

  • Requires a bachelor's degree in area of accounting or minimum of 7 years of experience in the cash management and/or cash receipts application field preferably within a law firm or professional partnership.
  • Strong working knowledge of on-line banking applications, automated payment processes and core accounting application systems.
  • Advanced working knowledge with Microsoft Office, Excel - Pivot Tables, Vlookup