Cash Flow Analyst jobs in Minnesota

The Goodman Group is seeking a CASH MANAGEMENT ANALYST to join their collaborative & service-based team! The Goodman Group is a privately held company located in Chaska, MN, which manages senior living and health care communities, residential communities, and commercial properties located throughout the United States, which provide homes and services for more than 10,000 residents and employment for over 4,000 individuals.

The Goodman Group has been consistently voted the Top Work Places every year since 2018, along with receiving the Customer & Employee Approved award from NRC Health, which recognizes senior-care organizations across the country for creating an outstanding care experience for their residents & for engaging & inspiring their employees.

The Goodman Group offers a competitive salary, generous PTO, 401K with employer match, full health benefits, long- & short-term disability, life insurance, pet insurance, employee recognition & engagement programs, along with so much more!

Summary

The Cash Management Analyst position will be directly or indirectly responsible for all aspects of the cash management function. Key responsibilities of the position will include 1) record and maintain accurate daily cash activity 2) compile monthly reports summarizing monthly cash activity 3) drive process improvement within the cash management function, 4) manange real time cash flow. Must maintain a solid working relationship with the bookkeepers in the field, as well as the accounting department and management at home office. The position reports directly to the controller. Ideal candidate is capable of maintaining solid working relationships with field employees, accountants, and management.

Essential Job Functions, Duties, and Responsibilities

Financial Management

Ensure the project is properly accounting business activity by providing the following:

• Process incoming and outgoing banking transactions for multiple legal entities through the understanding availability of funds, deposits, disbursement accounts, Positive Pay presentments, incoming wires, outgoing wires and all other funds settlements.
• Perform daily cash position management and reporting, ensuring timely processing and communication to accounting leadership.
• Analyze available cash for bi-weekly accounts payable processing; transmit ACH reports to bank; record transfers from facility accounts for accounts payable coverage.
• Cover all payrolls in an accurate and timely manner; update payroll reports.
• Responsible for check inquiry and issuing stop payments.
• Transfer 401(K) withholding amounts to 401(K) administrator.
• Alert Controller of impending cash flow needs and develop processes to monitor weekly, monthly and quarterly.
• Liaison with accountants regarding bank reconciliation adjustments or other cash matters.
• Create cash book journal entries for all bank accounts.
• Support requests from Controller, Treasurer, CFO and Legal that pertain to cash.
• Reviews and drive improvements in cash management, ensuring financial obligations are met in accordance with company policies and procedures.
• Provide backup and support for other accounting positions as needed.
• Perform other duties and responsibilities as assigned to support the accounting and treasury functions.
• Provide our internal and external customers with the best customer service possible.
• Support opening and closing bank accounts, including gather required documents, signatures, and completing bank forms. Ensures new accounts have appropriate services for the account type. Order banking supplies for facilities.
• Maintain master bank account spreadsheet and reconcile/review annually with bank account representative and Controller.

Additional Functions

Responsible for the following duties with cross-training between other team members:

Assists with project assignments, management company tasks and financial reporting.

May provide training and guidance to others.

Other duties as assigned by the Controller.

Qualifications

Must possess the ability to make independent decisions, follow instructions, and learn from constructive leadership guidance Must be able to deal tactfully with personnel, residents, family members, visitors, government agencies/personnel, and the general public. Must be able to speak, write and understand English in a manner that is sufficient for effective communication with supervisors, employees, residents, and families.

Education and Experience

• Two year degree in finance, accounting or business management or industry experience
• 3 years of related financial accounting experience
• 2 years in commerical treasury experience
• Prefer banking, treasury or cash management experience.
• Highly proficient in Excel.
• Excellent organizational, decision-making, interpersonal, statistical and analytical skills.
• Strong oral and written communication skills
• Proficiency in computer use including Microsoft Suite.
• Ability to work with minimal supervision.
• Must be capable of maintaining regular attendance and work extra hours when necessary.