Cash Management Specialist
Omaha, NE, US, 68137-2210 Mount Pleasant, IA, US, 52641 Marshfield, WI, US, 54449 Casper, WY, US, 82601 Devils Lake, ND, US, 58301 Willmar, MN, US, 56201 Crosby, ND, US, 58730 Lincoln, NE, US, 68521 Aberdeen, SD, US, 57401 Rugby, ND, US, 58368 Warren, MN, US, 56762 Hallock, MN, US, 56728 Newton, IA, US, 50208 Cedar Falls, IA, US, 50613-0396 North Platte, NE, US, 69101 Madison, MN, US, 56256 Elbow Lake, MN, US, 56531 Jamestown, ND, US, 58401 Crookston, MN, US, 56716 Mobridge, SD, US, 57601 ONeill, NE, US, 68763 Ada, MN, US, 56510 Wausau, WI, US, 54402 Norfolk, NE, US, 68701 Mason City, IA, US, 50401 Olivia, MN, US, 56277 Red Oak, IA, US, 51566-1284 Webster City, IA, US, 50595 Manhattan, KS, US, 66503-0368 Redwood Falls, MN, US, 56283 Oskaloosa, IA, US, 52577-3717 Beatrice, NE, US, 68310 Thief River Falls, MN, US, 56701 Alliance, NE, US, 69301 Bowbells, ND, US, 58721 Fergus Falls, MN, US, 56537 LaMoure, ND, US, 58458 Perry, IA, US, 50220 Langdon, ND, US, 58249 Decorah, IA, US, 52101 Hiawatha, KS, US, 66434-0297 Rapid City, SD, US, 57702 Mitchell, SD, US, 57301-7248 Hiawatha, IA, US, 52233 Hillsboro, ND, US, 58045 Minneapolis, MN, US, 55426 Bottineau, ND, US, 58318 Emporia, KS, US, 66801-7350 Huron, SD, US, 57350 Fargo, ND, US, 58108 Sheldon, IA, US, 51201 Kearney, NE, US, 68847 Fosston, MN, US, 56542 Harlan, IA, US, 51537 DeWitt, IA, US, 52742 Grand Island, NE, US, 68803 Stevens Point, WI, US, 54482 Yankton, SD, US, 57078 Minot, ND, US, 58701 Baldwin City, KS, US, 66006-0858 Roseau, MN, US, 56751 McCook, NE, US, 69001-2141 Marshall, MN, US, 56258 Detroit Lakes, MN, US, 56501 Grand Forks, ND, US, 58208-3570 Imperial, NE, US, 69033 Parsons, KS, US, 67357-8110 Grafton, ND, US, 58237-2225 Graceville, MN, US, 56240 Wahpeton, ND, US, 58075 Watertown, SD, US, 57201 Scottsbluff, NE, US, 69361 Carrington, ND, US, 58421 Valley City, ND, US, 58072 Pierre, SD, US, 57501 Manchester, IA, US, 52057-1522 Carroll, IA, US, 51401 Storm Lake, IA, US, 50588 Thorp, WI, US, 54771 Medford, WI, US, 54451 Columbus, NE, US, 68601 Cavalier, ND, US, 58220 Williston, ND, US, 58801 Alexandria, MN, US, 56308 Marysville, KS, US, 66508-0349 Emmetsburg, IA, US, 50536 Broken Bow, NE, US, 68822 Sioux Falls, SD, US, 57108 Lisbon, ND, US, 58054 Marshalltown, IA, US, 50158 Sioux City, IA, US, 51106 Morris, MN, US, 56267 Minot, ND, US, 58702
AgCountry Farm Credit Services (AgCountry), Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit are financial cooperatives that operate under shared management across eight states. While each association is owned by its local farmers and ranchers, they collaborate by pooling resources, expertise, and talent to provide affordable credit, crop insurance, and financial services.
Our associations are united by a common mission and commitment to serving rural America and supporting each other, which drives the success of the farmers, ranchers, and agribusiness we serve. We take pride in being a great place to work, and this enthusiasm is reflected in the relationships our team members foster with one another and with our customers.
Job Summary
We are looking for a Cash Management Specialist who will be responsible for providing ongoing service and reconciliation of the Cash Management operations processes. The Cash Management Specialist will have a good understanding of finance industry rules and regulations. The ideal candidate would bring experience with Cash Management practices and excel in organizational and analytical skills.
Essential Duties & Responsibilities
- Service and Reconciliation
- Perform daily recon and cash positioning functions, including the over credit limit process, non-post process, error corrections, wire desk processes; ACH processing; draft processing; remote deposit activities; fraud queue monitoring, ACH Notification of Change, Image Replacement Document, etc.
- Implement and maintain various cash management reports and reporting functions including documentation of daily disbursement and funding activities and preparation of the daily sources and uses statements. Reconcile daily cash balances with commercial banks and work with banking partners to resolve any discrepancies.
- Determine appropriate actions regarding return items and adjustments from commercial bank deposits.
- Communicate instructions to retail offices and prepare documentation in the CRM system and general ledger entries for submission to Loan Accounting.
- Coordinate with funding banks, vendors, and financial institutions regarding cash management activities
- Maintain User access and coordinate supply orders for DTS, Paypal, and Harland Clarke
- Fraud Remediation
- Coordinate the fraud response process on all financial fraud transactions.
- Collaborate with internal teammates from Cash Management Sales, Marketing, and Business Training Solutions to provide proactive fraud prevention training and education to teammates and customers.
- Maintain and assist in the development of systems, reporting, etc. to efficiently handle fraudulent activity. Monitor the needs of offices and Associations’ leadership with regard to the fraud response activity processes and assist with enhancements.
- Monitor and report large cash transactions and coordinate with receiving office to ensure proper reporting to the IRS via Form 8300. Annual reporting of appropriate transactions.
- AgriBuy
- Manage AgriBuy credit card program
- Support owner of the AgriBuy program and is responsible for the monitoring, researching and reporting of card utilization, card spend, temporary limit changes to cards, card issues and fraud.
- Help facilitate the annual rewards program
- Escrow
- Manage and complete daily escrow workflow functions for Consumer Lending accounts
- Provide timely and accurate preparation of all types of escrow analyses (short, annual and finals) and provide changes to Loan Accounting.
- Serve as the key resource within the Associations, relative to policies/procedures, processes and workflows related to escrow process.
- Customer Experience – serve as the point of contact for all internal and customer direct inquires. Review escrow accounts and quote escrow account payoffs, when requested. Ensure a favorable customer experience through effective communication and coordination with regional team members
- Miscellaneous
- Monitor all work queues and meet set deadlines; Shared inboxes, phone lines, and calendars, SalesForce, ServiceNow, etc.
- Regularly assist Product or Process Business Owners to assist in the development, implementation, testing, and/or training of Cash Management related products or processes.
Education Requirements
- Bachelor's Degree in Business, Finance, or Economics preferred.
Years of Experience
- Bachelor's Degree in Business, Finance, or Economics preferred.
- 2+ years of related Cash Management experience.
- Exceptional analytical, investigative, organizational skills.
- Proven ability to articulate the values of a recommendation to end users.
- Proficient in Windows environment using Microsoft Word, Excel, and Internet Explorer.
About Us:
AgCountry has 45 offices, is based in Fargo, North Dakota and serves portions of North Dakota, Minnesota, and Wisconsin, FCSAmerica is based in Omaha, NE and has 42 local offices serving rural communities and agriculture in Iowa, Nebraska, South Dakota, and Wyoming. Frontier Farm Credit has six offices serving eastern Kansas. Together, we support nearly 82,000 producers and agribusinesses, meeting the needs of today’s agricultural industry with our combined 2600+ employees providing lending, risk management, technology, commodity marketing, and customer and employee education.
AgCountry Farm Credit Services, ACA, Farm Credit Services of America, ACA, and Frontier Farm Credit, ACA are Equal Employment Opportunity employers, and they comply with all applicable federal, state, and local fair employment practices laws.