Job Description

[Position]

Cash Manager

[About Our Client]

[Job Summary]

The Cash Manager is responsible for managing and optimizing the company’s cash flow, banking relationships, and liquidity. This role oversees daily cash operations, monitors bank accounts, manages short-term investments and borrowings, and ensures compliance with internal controls and corporate policies. The Cash Manager will also support treasury forecasting, intercompany funding, and reporting to management and headquarters.

[Job Description]

Key Responsibilities

1. Daily Cash Operations

• Manage daily cash inflows and outflows, including vendor payments, customer collections, and internal fund transfers.
• Perform daily cash reconciliation between bank accounts and SAP records to ensure accuracy of postings.
• Review and approve payment runs (e.g., vendor, payroll, tax, intercompany) in accordance with company policy.
• Prepare daily cash summary reports, reflecting actual balances, pending payments, and available liquidity.
• Conduct end-of-day cash closing to confirm that all bank transactions, disbursements, and receipts are properly recorded and reconciled.

1. Line of Credit / Loan Management

• Manage the company’s credit facilities, including lines of credit, term loans, and intercompany borrowings.
• Track loan balances, interest accruals, and repayment schedules to ensure timely payments.
• Coordinate loan drawdowns and repayments based on cash flow requirements.
• Support negotiation of new credit lines or refinancing as needed.

1. Forecasting & Reporting

• Prepare and update monthly/quarterly/yearly cash flow forecasts.
• Analyze actual vs. forecasted cash flow and explain variances.
• Report cash position, credit lines, and investment balances to management and headquarters.

1. Internal Controls & Compliance

• Implement and maintain treasury-related internal controls (e.g., dual approvals, segregation of duties).
• Support compliance with SOX/internal control requirements and audit requests.
• Ensure proper authorization for wire transfers, intercompany loans, and payments.

Requirements

[Qualifications]

Education & Experience

• Bachelor’s degree in Finance, Accounting, Economics, or related field
• 5+ years of experience in treasury, cash management, or corporate finance.
• Proficiency with SAP and Excel
• Firm banking experience preferred

Skills & Competencies

• Fluency in Korean is preferred.
• Strong analytical, problem-solving, and organizational skills.
• Excellent attention to detail and accuracy.
• Solid understanding of banking operations, cash flow forecasting, and FX exposure.
• Effective communication and cross-functional collaboration skills.
• Advanced Excel skills and familiarity with financial modeling.