REQUIRED JOB QUALIFICATIONS

• Bachelor’s Degree in Finance or Accounting along with three (3) years of direct experience in cash management OR 7-10 years of direct cash management or accounting experience.
• Experience analyzing and preparing reports.
• Experience with general ledger.
• Experience with cash management and/or banking software applications.
• Experience with cash and accounting internal controls.
• Clear and concise verbal and written communication skills.
• PC experience and skills to include Word, Excel, and PowerPoint.

PREFERRED JOB QUALIFICATIONS

• Master’s Degree in Finance or Accounting.
• CTP or CPA Designation.
• Investment accounting experience.
• Five (5) years of direct experience in treasury, finance or accounting with cash management experience.
• Treasury workstation and bank software experience.
• Prior treasury, banking or investment operations experience.

~ KEY FUNCTIONS ~

• Manage cash flow in all bank accounts ensuring that funds are available to cover obligations.  Maintain records of deposits, disbursements, and transfers of cash.  
• Ensure all cash transactions are recorded to the appropriate general ledger account.  Ensure strong internal cash control procedures are operating effectively by balancing bank recorded activity to cash worksheets, sub-ledgers and general ledger accounts. Research internal and bank information. Create or produce reports related to cash and bank activity.
• Notify appropriate Departments and personnel of receipt or disbursement of funds from business counterparties (e.g. customers, vendors, other Blue Cross plans, etc) and verify that journal entries are made as required.
• Assist and work closely with Financial Reporting area as part of their monthly bank reconciliation process and procedures.  
• Access various bank’s on-line and paper records to review and analyze daily cash positions within bank accounts and custody accounts.  Employs various bank and internally developed tools and techniques to compile and summarize cash transaction information. 
• Liaison with bank personnel and internal and external investment management personnel. 
• Use and maintain cash management worksheets and reports, assisting in the creation of new worksheets and reporting formats and procedures.
• Access banking systems ensuring maintenance of security and controls.  Initiates and/or approves electronic fund transfers between internal HCSC and its subsidiaries bank accounts.  Creates set-ups for new electronic transactions. 
• Review, analyze and compile reports associated with monthly bank analysis statements in order to monitor services and related account charges provided by banking vendors. 
• Compile analyses on compensating balances as compared to other sources of invested cash. 
• Coordinate and work closely with superiors and Short Term Investment Management personnel to maximize the excess funds are invested to maximize return commensurate with future cash requirements.  Coordinate and work closely with Investment Management personnel or bank personnel/Credit Facilities to ensure cash is available for projected cash expenditures.
• Manage and train others on systems, processes and procedures.  Cross train with other areas within Treasury to gain an appreciation and understanding of their duties and responsibilities.  Serve as a back up when necessary.
• Assist in the management and control of electronic fund transfers to and from third parties.   Assist in the development and maintenance of a Company wide process and procedures designed to facilitate well controlled and documented electronic fund transfers (i.e. disbursements and collections).  Insure hierarch approval process commensurate with current authorization guidelines. 
• Compile audit and SOX information.  Perform required internal control and documentation procedures.  Assist in audits as needed.

NOTE:  this role is located in CHICAGO IL.  Relocation will not be offered; sponsorship is not available either now or in the future.  

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