Description
Job Summary:
Under administrative direction, uses extensive knowledge and skills obtained through education and experience to manage funds levels in bank accounts to meet payment needs, to invest excess cash and to manage Regulatory Reserves, and to borrow funds as needed. Independently make daily decisions involving large sums of money, and provide daily reports to management. Extensive contact with bank representatives is required in order to maintain bank relationships and resolve issues.
Essential Duties and Responsibilities:
Monitors bank cash balances and general ledger balances throughout the day.
Moves money between banks as needed, based on firm cash flows.
Manages bank available cash balances to control the level of earnings credits relative to service charges.
Invests regulatory customer reserves and excess cash according to Treasury Policy and regulatory specifications.
Borrows funds intra-day or overnight as needed.
Makes general ledger entries and/or trade tickets to reflect money movements and investment activity.
Works closely with high-level bank representatives in resolving issues.
Coordinates actions with, and provides reports to, Regulatory Reporting.
Prepares daily reports on reserves, investments, borrowings, rates, and bank balances.
Maintains up-to-date written procedures.
Maintains business continuation plan for cash management.
Performs other duties and responsibilities as assigned.
Qualifications
Knowledge, Skills, and Abilities:
Knowledge of:
Accounting concepts, practices and procedures.
Accrual based accounting practices.
General ledger accounting software packages or ability to learn specific tasks.
PeopleSoft payroll system.
Skill in:
Analyzing financial information.
Performing mathematical calculations.
Reconciling bank and general ledger accounts.
Analyzing and adjusting basic transaction and account balance discrepancies.
Gathering and compiling information.
Advance use of word processing, databases and spreadsheets which include macros, modules, and basic VB/SQL coding.
Operating standard office equipment.
.
Ability to:
Read and interpret financial statements.
Lead meetings and contribute to team efforts by ensuring all relevant information is included in the outcomes.
Implement changes to standard procedures when required by specific situations and circumstances.
Work independently, make non-routine decisions and resolve issues.
Able to make sound decisions within time constraints.
Communicate effectively, both orally and in writing, with all organizational levels.
Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.
Educational/Previous Experience Requirements:
Bachelor’s degree (B.A) in business field, preferably accounting or finance and a minimum of three (3) years’ experience relating to treasury with regard to banking, investing, and borrowing.or
Any equivalent combination of experience, education, and/or training approved by Human Resources.Licenses/Certifications:
SIE required provided that an exemption or grandfathering cannot be applied.
Series 99, or ability to obtain within 120 days (as required by FINRA), required.
Job: Accounting & Finance
Primary Location: US-TN-Memphis-Memphis
Other Locations: US-RM-Remote-Remote
Organization RJF Corporate
Schedule Full-time
Job Shift Day Job
Travel No
Req ID: 2400268