Cash Manager

Cornerstone Capital Bank; Englewood (AL); On-site; USD 75,000 - 85,000; Full time

Job summary

Cornerstone Servicing, a division of Cornerstone Capital Bank, seeks an experienced Cash Manager to oversee cash management, reconciliation, and cash flow activities within a mortgage servicing environment.

This onsite role in Englewood, CO requires a Bachelor's in Accounting, Finance, or Economics, at least 3 years in mortgage servicing, advanced Excel and ERP skills, and strong communication. Salary ranges from $75k to $85k and a comprehensive benefits package.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or equivalent experience.
• Minimum 3 years in mortgage banking/servicing environment.
• Must have advanced Excel skill; strong Microsoft office suite.
• Programming experience highly preferred.
• Familiarity with bank cash management systems.
• Excellent verbal and written communication skills; team player.
• Knowledge of accounting practices and standards.
• Strong managerial, planning, organizational, decision making, interpersonal, analytical and lateral thinking skills.
• MUST be trustworthy with high integrity.

Responsibilities

• Handle Loan funds and Loan payoffs.
• Utilize Loan Vision Accounting and ERP software.
• Complete all cash management set up documentation for new and existing department processes
• Reconcile cash application and disbursement in a timely manner
• Monitor cash transactions to ensure bank account balances and unusual items are investigated
• Forecast, monitor and track cash flow
• Prepare cash flow reports, and identify and evaluate variances
• Receive incoming wire transfers and process outgoing wire transfers
• Reconcile bank statement and general ledgers
• Assist with posting journal entries for cash related transaction
• Additional responsibilities as assigned

Skills

Advanced Excel

Microsoft Office

Communication

Analytical Thinking

Education

Bachelor’s degree in Accounting, Finance, Economics

Tools

Loan Vision

ERP software

Job description

Who we are:

Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:

Cornerstone Servicing is seeking an experienced Cash Manager to oversee cash management, reconciliation, and cash flow activities within a mortgage servicing environment. This role will be responsible for managing loan funds and payoffs, monitoring daily cash transactions, processing incoming and outgoing wire transfers, reconciling bank statements and general ledgers, and ensuring cash application and disbursements are completed accurately and timely. The Cash Manager will also forecast and monitor cash flow, prepare cash flow reports, investigate variances and unusual transactions, and support cash-related journal entries and process documentation.

• Location: Onsite daily in Englewood, CO
• Compensation: $75-85k

Key Responsibilities:

• Handle Loan funds and Loan payoffs.
• Utilize Loan Vision Accounting and ERP software.
• Complete all cash management set up documentation for new and existing department processes
• Reconcile cash application and disbursement in a timely manner
• Monitor cash transactions to ensure bank account balances and unusual items are investigated
• Forecast, monitor and track cash flow
• Prepare cash flow reports, and identify and evaluate variances
• Receive incoming wire transfers and process outgoing wire transfers
• Reconcile bank statement and general ledgers
• Assist with posting journal entries for cash related transaction
• Additional responsibilities as assigned

What you’ll need to be successful:

• Bachelor’s degree in Accounting, Finance, Economics or equivalent experience
• Minimum 3 years in mortgage banking/servicing environment
• Must have advanced excel skill; strong Microsoft office suite
• Programming experience highly preferred
• Familiarity with bank cash management systems
• Excellent verbal and written communication skills; team player
• Knowledge of accounting practices and standards
• Strong managerial, planning, organizational, decision making, interpersonal, analytical and lateral thinking skills
• MUST be trustworthy with high integrity

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.