Summary:

Manages and monitors daily cash management transactions, reports cash operation activities and executes borrowing/investment transactions.  Ensures liquidity and prepares cash flow projections.  Additional responsibilities include assisting in the development of bank relationships, determination of short-term cash to be invested, and anticipation of short-term borrowing needs.  Responsible for liquidity management, including in-house banking and providing payments factory support, as applicable.

Responsibilities:

•             Performs daily corporate cash management and forecasting activities.

•             Monitors and manages company’s daily cash position.

•             Forecasts daily cash requirements.

•             Handles daily liquidity management.

•             Determines daily cash balances available for investment.

•             Manages, maintains and administers bank relationships and reports.

•             Recommends and implements improvements to current cash management processes.

•             Anticipates short-term borrowing needs and communicates them to proper personnel.

•             Conducts borrowing and investing activities.

•             Manages working capital.

•             Gathers, interprets, and prepares cash flow projections.

•             Ensures adequate liquidity.

•             Executes funds movement and investment transactions.

•             Appropriately invests excess cash balances and administers short-terms investments.