Optimum Financial Group · 2 months ago
Sr. Cash Management Specialist
Bethpage, NY
Full-time
Onsite
Senior Level
$42K/yr - $69K/yrOptimum is a leader in the fast-paced world of connectivity, seeking enthusiastic professionals to join their team. The Sr. Cash Management Specialist is responsible for cash reconciliation, quality control of collected monies, and ensuring compliance with financial reporting.
Asset ManagementFinancial ServicesInsurance
No H1B
Responsibilities
Develop and maintain exceptional knowledge of the subscribers' monthly billing statement which includes charges, prorates, credits, install fees, and late fees
Manages cash management records, cash handling discrepancies, bank deposits, and reconciling the payment batch summaries daily to the bank statement, while meeting cash requirements as dictated by Corporate Accounting
QC and verify all operational reports and systems, identifying issues and managing solutions that have direct customer and financial impact; and assess the effectiveness of internal controls over financial reporting
Use advanced knowledge of processes and functional relationships to perform cash reconciliation and quality control of all monies collected enterprise-wide, balancing and reporting on cash, check, and credit card deposits received from retail stores, lockboxes, 3rd party vendors, ACH, e-bill, and electronic banking and resolving deposit variances incurred by customer, bank and/or internal departments; ensure timely compliance of all financial reporting
Create checks and balances and verification processes to ensure these monies are reconciled and/or posted accurately in accordance with good accounting processes, procedures, and controls to submit to management for review
Responsible for reporting concerns regarding
Qualification
Required
High School Diploma or equivalent required
Proven ability to perform multiple duties in a busy, deadline-driven environment with minimal supervision required
Strong attention to detail with the ability to handle a large volume of data
Ability to work in a fast-paced collaborative environment, with the ability to change direction quickly and seamlessly
Process-improvement mindset, with an inclination for identifying more efficient ways of working
Must be an outstanding team player with experience in facilitating cross-department cooperation on complex issues
Ability to work flexible hours, including evenings, weekends, holidays and overtime as required
Preferred
Advanced education in Finance, Business, or a related field preferred
Experience in banking or telecommunication industry, including billing and order processing is preferred
Demonstrated proficiency in Excel formulas, macros, Pivot tables, and Access to create and analyze databases related to departmental performance and customer billing trends
Proficiency with PowerPoint and Visio to document process requirements using in a clear and understandable manner that cover key actions, indicators, and policies
Company
Optimum Financial Group
Optimum Financial Group is dedicated to the financial security of its clients since 1969.
Founded in 1969
501-1000 employees
Funding
Current Stage
Late StageRecent News
2025-10-27
Canada NewsWire
2025-05-05
Company data provided by crunchbase