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Cash Management Specialist

2 months ago


Toronto, Ontario, Canada Momentum Financial Services Group_new Full time
Job Summary

Momentum Financial Services Group_new is seeking a highly skilled Cash Management Specialist to join our team. As a key member of our finance department, you will be responsible for overseeing all aspects of cash management, including cash forecasting, liquidity management, and bank relations.

Key Responsibilities
  • Develop and implement cash management strategies to optimize cash resources and minimize borrowing costs.
  • Manage cash forecasting and liquidity management processes to ensure accurate and timely reporting.
  • Build and maintain strong relationships with banks and other financial institutions to ensure optimal cash management services.
  • Collaborate with cross-functional teams to identify and implement process improvements and cost savings initiatives.
  • Develop and maintain financial models and reports to support cash management decisions.
  • Monitor and analyze cash transactions to ensure accuracy and compliance with policies and procedures.
  • Provide financial analysis and recommendations to senior management to inform business decisions.
Requirements
  • Bachelor's degree in finance, accounting, or a related field.
  • Minimum 5 years of experience in cash management, treasury, or a related field.
  • Strong knowledge of financial statements, financial statement analysis, and cash flow management.
  • Excellent analytical, communication, and problem-solving skills.
  • Ability to work in a fast-paced environment and prioritize multiple tasks and deadlines.
Preferred Qualifications
  • MBA, CPA/CA, or CTP certification.
  • Experience with financial planning and analysis, budgeting, and forecasting.
  • Knowledge of financial software and systems, including Excel and financial planning tools.