Cash Management Associate

Job description

Position Summary

This role consists of managing the daily cash of the Allianz Partners legal entities, by performing Daily Cash Reconciliation, Daily Cash Forecast, Cash Pooling and Cash Investment.

Key Result Areas

Daily Cash Reconciliation

Monitor cash balances and reconcile discrepancies with previous daily forecast.

Investigate any unusual items.

Review the previous days internal cash transfers to ensure funds have been posted to the correct bank accounts.

Daily Cash Forecast

Ensure cash flow reports are accurate and completed in a timely manner. 

Analyze daily cash flows - cash receipts and disbursements.

Forecast daily cash position for each bank account.

Cash Pooling

Allocate funds between bank accounts to ensure adequate liquidity.

Invest daily surplus funds in the Allianz Cash Pooling.

Cash Investment

Research and evaluate investments and financing options if Cash Pooling is not available.

Invest daily surplus in the alternate monetary assets.

Performance monitoring

Perform financial reports to monitor the performance of cash management activities.

Key Skills

Communication

Excellent written and verbal communication.

Management

Strong analytical skills.

Ability to synthesize.

Ability to consolidate large volume of data into structured and simple outputs.

Openness and flexibility to address challenges from various perspectives in order to find the best possible way to manage the challenge.

Finance

Finance Acumen

Cash Management

Software

Microsoft Excel

Microsoft Outlook

73942 | Finance & Accounting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent