Cash Management Specialist

: Summary:

The Cash Management Specialist reports to the Global Treasury Manager and supports other department staff.

Duties and Responsibilities:

• Upload and process the daily ACH/wire transactions provided by Accounts Payable - including review of documentation prior to upload to ensure it follows guidelines set forth;
• Process various daily international banking transactions;
• Process mid-month, end of month and ad-hoc partner payments;
• Prepare daily cash management folder for supervisor review;
• Prepare daily cash management journal entries for supervisor review/approval;
• Respond to cash related inquiries that are emailed to the Cash Management inbox;
• Daily update of cash balances on the Sidley Intranet;
• Weekly update of the international cash position;
• Weekly initiation of funding requests from other Sidley offices and transfer of cash between offices, as instructed;
• Ad-hoc processing of Client Trust Transactions and the recording of such transactions in the Elite Trust Module;
• Assists in maintaining firm trust accounts and ensuring policies and procedures are followed.
• Assists in monitoring cash balances and preparing cash flows when needed.
• Assists in maintaining banking matrices and ensuring they are kept up to date.
• Prepare and maintain written processes and procedures for areas of responsibilities.
• Identify opportunities for improvement, and provide information and recommendations to management;
• Assistance in special projects, as assigned;
• Develop a good understanding of Firm Operations and the law firm industry, along with an appreciation for high-quality customer service specifically in relation to Partners, Attorneys and Other Accounting Groups within the Firm.
• For internal control purposes, agree to take a mandatory, consecutive two week period of combined leave time (CLT)

Qualifications:

To perform this job successfully, an individual must be able to perform the Duties and Responsibilities (Duties) above satisfactorily and meet the requirements below. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. If you need such an accommodation, please email [email protected] (current employees should contact Human Resources).

Education and/or Experience: Required:

• Associate's degree in accounting or related field
• Proficient in data entry
• Good working knowledge of Microsoft Word and Excel
• Ability to manage combined leave time (CLT) to cover a mandatory, consecutive two week absence

Preferred:

• Bachelor's degree in Accounting or related field
• A minimum of one year of cash management experience

Other Skills and Abilities: The following will also be required of the successful candidate:

• Strong organizational skills
• Strong attention to detail
• Good judgment
• Strong interpersonal communication skills
• Strong analytical and problem solving skills
• Able to work harmoniously and effectively with others
• Able to preserve confidentiality and exercise discretion
• Able to work under pressure
• Able to manage multiple projects with competing deadlines and priorities

Sidley Austin LLP is an Equal Opportunity Employer.