Cash Management Associate II

Mindlance; Los Angeles (CA); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a detail-oriented finance professional to oversee cash disbursement functions and ensure smooth payment execution. This role involves maintaining communication with agent banks, analyzing cash positions, and supporting various trading groups with funding. The ideal candidate will have a solid understanding of accounting principles and proficiency in tools like SAP and Microsoft Office. Join a forward-thinking company that values diversity and offers a dynamic work environment where your contributions will directly impact financial operations.

Qualifications

• Strong understanding of accounting principles and transactions.
• Proficient in Microsoft Office and SAP software.

Responsibilities

• Perform cash disbursement functions according to Firm standards.
• Analyze cash positions and validate projected balances.
• Provide funding support to Treasury across all product lines.

Skills

Accounting Principles

Microsoft Office

SAP Software

ERP Platforms

Bank Codes of Conduct

Tools

SAP

Microsoft Office

ERP Platforms

Job description

Job Responsibilities

1. Perform day-to-day cash disbursement functions according to Firm standards.
2. Maintain close communication with agent banks and business units to ensure smooth payment execution.
3. Handle cash disbursement inquiries and internal investigations.
4. Provide funding support to Treasury across all product lines including Fixed Income, Money Market, Derivative, Structured Product, Broker dealer, Loans, and other trading groups.
5. Validate projected balances and confirm real-time positions, including intraday liquidity.
6. Analyze cash positions, general ledger, and balance sheets of traders' portfolios to ensure appropriate funding.
7. Ensure correct cost of carry allocation applied to respective business lines.
8. Communicate with various departments regarding positions, specific transactions, and related cash movements.
9. Interface with multiple front office areas regarding daily cash requirements and balances.
10. Provide assistance to traders regarding late trades/position management for all in-scope currencies, supporting the Global FX initiative.

Skills and Knowledge

• Understanding of accounting principles and transactions.
• Proficiency in Microsoft Office, SAP software, and ERP platforms.
• Knowledge of bank and industry codes of conduct.

Additional Information

EEO: Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of Minority, Gender, Disability, Religion, LGBTQI, Age, or Veterans.