Cash Management Specialist Position Available In Nassau, New York

Cash Management Specialist The Parkoff Organization Great Neck, NY 11021 We’re looking for a

CASH MANAGEMENT SPECIALIST

to join our team on Long Island. We are an established real estate owner/management company in business for 85+ years with properties in Manhattan, Queens, Brooklyn, Scarsdale and the Bronx. Candidates must be self-driven, reliable and resourceful. Strong computer skills, proficient writing skills and strong communication skills are a must. This is an incredible opportunity for an extremely organized individual that thrives in a fast paced environment that requires multi-tasking, the ability to time manage, work independently or with a group, and transition from task to task with ease Primary responsibilities include but are not limited to: Responsible for overseeing daily case balances and summary schedules by bank, by entity, and by type. Responsible to oversee all critical due dates are complied with regarding major disbursements (ie: mortgages, secondary debt, etc) Maintain a treasury calendar Work together with the operations controller and cash management staff to ensure cash receipts are applied accurately and timely recorded in compliance with all established policies and procedures. Provide accounts payable, payroll and accounting groups a cash budget as required to forecast cash requirement needs on a regular basis Maintain cash management & day to day bank relationships as directed by the CFO Manage electronic banking solutions, while controlling costs Primary initiator of electronic funds transmissions for operational transaction Draft and update treasury policies as required, e.g. wire payments, ACH payments; cash collected, etc.. Follow internal controls surrounding treasury and payment processes Maintain regular cash flow forecasts and comparison to actual and discuss with CFO & Principals Project cash requirements on short, mid and long-term basis, and present updates to a forward forecast report. Work closely with the Operations Controller reporting, Asset Manager and CFO on weekly/monthly reports, and identify areas of operational and cost efficiencies and optimize working capital Work closely with the CFO to support short-term borrowings and repayments; Interface with the IT Director and CFO and Operations Controller relating to Treasury and banking technology applications Assist in developing a team environment to achieve maximum productivity and quality performance leading by example Work with team members in areas that require training and compliance with the company policies and procedures. Letter of credit management Respond to outside auditor’s requests, e.g. balance confirmation letters Other Ad hoc reporting as required The ideal candidate should possess the following: Bachelor’s Degree in Accounting or Finance required; MBA is preferred 5+ years of experience in cash management, treasury, banking and accounting for multiple entities Proven ability to work with and manage large amounts of data which includes a substantial number of bank accounts Advanced MS Excel skills are required; knowledge of Pivot tables and V-look up mandatory Experience with Windows applications and Microsoft Office programs such as

Word, Excel and PowerPoint Job Type:

Full-time Pay:

$69,075.00 – $90,309.00 per year

Benefits:

Dental insurance Health insurance Life insurance Paid time off Vision insurance

Schedule:

Monday to

Friday Work Location:

In person