Cash Receipting Manager

The Nature Conservancy; Arlington (VA); Hybrid; USD 117,000 - 126,000; Full time

Benefits offered by this job

Health care benefits

Flexible spending accounts

401(k) plan with an 8% employer match

Parental leave

Accrued paid time off

Life insurance

Disability coverage

Employee assistance program

Job summary

The Nature Conservancy is seeking a Cash Receipting Manager in Arlington, VA, to oversee receipting of checks, wires, and ACHs in a high-volume office. Lead a team of specialists and ensure deposits are recorded accurately and in compliance with policies.

Strong Excel and GAAP knowledge are essential, with experience in regulatory compliance and collaboration with banks and internal teams for timely financial reporting. Hybrid role with in-office days three times weekly.

Qualifications

• Multi-lingual skills and/or multi-cultural experience appreciated.
• Advanced expertise in Microsoft Excel.
• Experience monitoring for and ensuring compliance with organizational policy, applicable law and regulation, and finance/accounting/management best practice.
• Experience analyzing a regulatory framework and applying it to the situation at hand.
• Expert knowledge of GAAP and/or relevant regulatory framework.
• Experience evaluating the adequacy and effectiveness of management controls; interpreting guidelines and analyzing factual information to adapt or modify processes as needed.
• Ability to resolve complex issues independently within program area.
• Experience acting as a resource to others to solve problems.
• CPA or CIA license may be preferred.

Responsibilities

• Oversee the cash handling, and recording of checks, wires, and ACHs in the organization’s financial systems.
• Supervise a team of Cash Receipting Specialists and ensure timely deposits and accurate reporting.
• Ensure compliance with internal controls, policies, GAAP and applicable laws.
• Collaborate with banks to resolve deposit issues and improve processing efficiency.
• Provide leadership and reporting to leadership on activity and outcomes.
• Assist with budgets, vendor contracting, and project management as needed.
• Travel as required by workload and seasonality.

Skills

Excel proficiency

GAAP knowledge

Management experience

Regulatory compliance

Communication skills

Education

Bachelor's Degree in Finance, Accounting or Business Administration

Tools

CRM system

Advanced Excel

Job description

What We Can Achieve Together

The Cash Receipting Manager provides highly specialized services to ensure the receipting of checks, wires, and ACHs of approx. $1Bn received at the office in Arlington, VA (\"Arlington Office\") is recorded in compliance with TNC policies and procedures, relevant legal and regulatory frameworks, and financial management best practices. This is a hybrid position that requires approximately 3 days in the Arlington Office, or more as the workload and staffing require it, particularly during the busy seasons.

The Cash Receipting Manager is responsible for the receipting, administration and documentation of checks, wires and ACHs received at the Arlington Office. They also oversee the bank related and revenue related adjustments for the organization. They are responsible for managing a team of Cash Receipting Specialists who manage all receipts received at the Arlington Office which includes sorting, depositing and batching receipts into our CRM system. The Manager will adhere to controls around cash management, respond to inquiries and report on checks, wires, and ACH related data, as well as balances in the cash deposits clearing account. They will work closely with the Revenue Coding Manager and the Pledge team to ensure all receipts are deposited and entered timely so that donors can be acknowledged quickly, and financial reporting is accurate. There will often be other revenue/ cash related projects that the Manager will need to manage. The Cash Receipting Manager must be able to work in a high-volume environment and be prepared to pitch in with support to deposit checks or record wire entries, as well as helping other revenue compliance teams. The Manager serves as subject matter expert for the organization on deposits and industry standards for implementing new processes. They respond to complex employee/management questions and problems based on advanced knowledge of the subject area.

This is a hybrid position where the chosen candidate will be expected to be in the office roughly 3 times per week, and daily from mid-October to end of January.

Responsibilities & Scope

• Manages functional activity towards program's strategic goals.
• Works toward meeting the strategic priorities of the program by developing and coordinating tactics for approved plans, completing and/or overseeing day-to-day tasks.
• Implements and manages new initiatives.
• Manages and implements multiple projects.
• Oversees the secure handling and recording of cash, checks, wires, ACH, and bank adjustments into the organization’s financial systems.
• Has experience with cash handling, controls and industry standards for checks and wires.
• Provides excellent customer service to stakeholders across the organization.
• Collaborates with banks to ensure smooth processing of transactions and resolve any deposit related issues.
• Ensures the programmatic work is collaborative and well-integrated across organization.
• Works within a budget, negotiating and contracting with vendors.
• Makes decisions that may bind organization financially and legally.
• Supervises a team of administrative or professional staff.
• Ensures programmatic commitments, TNC policies and procedures, financial standards and legal requirements are met and managed for compliance.
• Reinforces consistency in the organization's policies and procedures and provides support related to relevant field.
• Reports to leadership on activities.
• Some travel is required.

We’re Looking For You

Are you looking for work you can believe in? At TNC we strive to embody a philosophy of Work that You Can Believe in where you can feel like you are making a difference every day. We’re looking for someone with strong experience in leading a diverse, multi-disciplinary team. The ideal candidate should have exceptional communication and collaboration skills and experience in management of data and personnel. This is an exciting opportunity to contribute to the ongoing mission of conservation by directing and shaping the work of our team!

Qualifications

• Multi-lingual skills and/or multi-cultural experience appreciated.
• Technical expert on complex accounting/financial issues. Advanced expertise in Microsoft Excel.
• Experience monitoring for and ensuring compliance with organizational policy, applicable law and regulation, and finance/accounting/management best practice.
• Experience analyzing a regulatory framework and applying it to the situation at hand.
• Expert knowledge of GAAP and/or relevant regulatory framework.
• Experience evaluating the adequacy and effectiveness of management controls; interpreting guidelines and analyzing factual information to adapt or modify processes as needed.
• Ability to resolve complex issues independently within program area.
• Experience acting as a resource to others to solve problems.
• CPA or CIA license may be preferred.

What You’ll Bring

• Bachelor's Degree in Finance, Accounting or Business Administration and 5 years' related experience or equivalent combination.
• Experience with accounting principles, practices and regulations.
• Experience recruiting, supervising and developing staff.
• Experience with GAAP.
• Experience, coursework or other training with U.S. Federal Uniform Guidance, state and local regulations, multilateral and international regulations, and standard contract clauses, as applicable.

Salary Information

The starting pay range for a candidate selected for this position is generally within the range of $116,960.00 –$125,730.00. Where a successful candidate’s actual pay will fall within this range will be based on a variety of factors, including, for example, the candidate's location, qualifications, specific skills, and experience. Your geographic location will be confirmed during the recruitment.

Who We Are

The Nature Conservancy’s mission is to protect the lands and waters upon which all life depends. As a science-based organization, we create innovative, on-the-ground solutions to our world’s toughest challenges so that we can create a world in which people and nature thrive. We’re rooted in our mission and guided by our values, which include respect for all people, communities, and cultures. Whether it’s career development, flexible schedules, or a rewarding mission, there’s many reasons to love life inside TNC. Want a better insight to TNC? Check out our TNC Talent playlist on YouTube to hear stories from staff or visit Glassdoor.

One goal is to cultivate an inclusive work environment so that all our colleagues around the globe feel a sense of belonging and that their unique contributions to our mission are valued. In addition to the requirements in our job postings, we recognize that people come with talent and experiences outside of a job and consider each applicant’s unique experience. To quote a popular saying at TNC, “you’ll join for the mission, and stay for the people.”

What We Bring

• health care benefits
• flexible spending accounts
• a 401(k) plan with an 8% employer match
• parental leave
• accrued paid time off
• life insurance
• disability coverage
• employee assistance program
• other life and work well-being benefits

Learn more about our Benefits and Perks here.

We’re proud to offer a flexible work environment that supports of the health and well-being of the people we employ.

The Nature Conservancy is an Equal Opportunity Employer. Our commitment to equal employment opportunity includes the recognition that our conservation mission is best advanced by the leadership and contributions of people of all backgrounds, beliefs, and culture. Recruiting and mentoring staff to create an inclusive organization is a priority, and we encourage applicants from all cultures, races, colors, religions, sexes, national or regional origins, ages, disability status, sexual orientation, gender identity, military, protected veteran status or other status protected by law.

The successful applicant must meet the requirements of The Nature Conservancy's background screening process.

TNC is committed to offering accommodations for qualified individuals with disabilities and disabled veterans in our job application process. If you need assistance or an accommodation due to a disability, please send a note to [e-mail] with Request for Accommodation in the subject line.