The Inland Real Estate Group of Companies, Inc. · 3 months ago
Cash Management Specialist
Oak Brook, IL, USA
Full-time
Onsite
Entry, Mid Level
$32/hr - $35/hr
2+ years expThe Inland Real Estate Group of Companies, Inc. is seeking a Cash Management Specialist responsible for executing and monitoring daily cash operations with a strong emphasis on transactional accounting. This role ensures accurate processing of cash-related transactions, supports reconciliation activities, and contributes to the integrity of financial reporting.
FinanceReal EstateReal Estate Investment
Responsibilities
Demonstrates highest standards of personal and professional integrity, adheres to company’s policies and procedures, and complies with applicable laws, government rules and regulations
Monitor and manage daily cash positions across multiple bank accounts
Initiate and record electronic payments including wire transfers, ACH payments, Taxing authority websites and other disbursements
Ensure timely and accurate posting of cash transactions in the general ledger
Initiates stop payments and records related entries to void transactions in the general ledger
Codes invoices in Yardi Procure to Pay and determines the appropriate cash account and general ledger coding to be used
Assist in research and resolution of daily and monthly bank reconciliation issues
Reviews and maintains daily cash log of unrecorded transactions
Record and reconcile cash receipts, disbursements, and intercompany transfers
Records entries to the general ledger to capture GL offsets to cash on the appropriate entity levels
Initiates and records funding transactions related to investor distributions
Records monthly investor distribution payments
Assist in month-end close processes related to cash and banking activities
Opens and closes sub accounts at banks with escrow account services
Provide daily sub account allocations to banks with escrow account services
Reviews and initiates decisions for check and ACH positive pay issue at multiple banks
Assist in implementing cash management tools and automation initiatives
Support internal audits and compliance with company policies and other regulatory requirements
Runs month end transaction reports for recording of interest income and fees
Provide support for treasury reporting and ad hoc financial analysis
Identify and resolve discrepancies in cash transactions and accounting entries
Other projects and duties as assigned
Qualification
Required
Bachelor's degree in Accounting, Finance, or Business Administration preferred, or equivalent work experience
2–4 years of experience in cash management, transactional accounting, or treasury operations, preferably in an office environment
Intermediate skills in Microsoft Excel including LOOKUP, SUMIF and Power Query functions
Intermediate skills in Microsoft Word and Outlook are required for this position
Intermediate skills in Yardi (or comparable general ledger software program) are required for this position
Detail-oriented with strong analytical and problem-solving skills
Excellent communication and organizational skills and ability to meet deadlines
Preferred
Experience with bank portals & treasury management systems is preferred
Benefits
Medical/Dental/Vision insurance (PPO)
Participation in the company 401(k) plan with a company match
Vacation Time, Nine Paid Holidays, Three floating holidays per year
Sick time
Tuition reimbursement opportunity
Company-paid life insurance equaling your annual base salary
Company-paid short-term and long-term disability
Paid Parental Leave
Company
The Inland Real Estate Group of Companies, Inc.
The Inland Real Estate Group of Companies, Inc. (“Inland”) is one of the nation’s largest commercial real estate and finance groups.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Lou Kruk
CEO and President - Inland Institutional, LLC
Cathleen Hrtanek
Chief Operating Officer
Recent News
2025-12-01
Morningstar.com
2025-06-11
2025-04-14
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