CASH ACCOUNTANT JOB DESCRIPTION

Bank reconciliations left unresolved past close create downstream misstatements that auditors flag and controllers scramble to explain. The Cash Accountant owns daily cash posting, suspense GL clearance, and bank reconciliation across multi-entity or shared-service structures - preventing exactly that failure before it reaches the books. Reporting into a GFS or controllership team, this role handles the full transactional layer between treasury activity and the general ledger. Intercompany loan postings and FX-realized entries add complexity that sets this seat apart from standard AR or AP functions.

As the Cash Accountant, you ensure the accuracy and timeliness of all cash transaction recording, reconciliation, and period-end close activities across a multi-entity corporate finance environment. You sit within a centralized accounting or shared-services team, working daily alongside treasury, accounts payable, accounts receivable, and controllership stakeholders to keep cash positions clean and audit-ready.

Career Impact: Hands-on ownership of intercompany cash flows and multi-GAAP reconciliation in a shared-services environment builds the balance-sheet fluency that senior controllership roles specifically require.

Business Impact: Treasury departments and external auditors both depend on the accuracy of this role's daily postings — errors here propagate directly into P&L and balance sheet reporting across every affiliated entity.

Growth Opportunity: Exposure to R2R processes, variance analysis, and cross-functional finance projects positions a Cash Accountant to move into Senior Accountant or Financial Analyst roles within two to three years.

• Post and reconcile daily cash receipts, vendor disbursements, and intercompany loan transactions to the general ledger.
• Reconcile all assigned bank accounts daily, clearing suspense GL accounts and resolving outstanding items promptly.
• Prepare and submit financial reporting adjustments and variance analyses for month-end, quarter-end, and year-end close cycles.
• Analyze cash activities and coordinate with the Treasury department to validate account balances and funding positions.
• Support internal and external auditors by providing accurate cash documentation and reconciliation evidence on schedule.
• Identify reconciling discrepancies, recreate likely transaction paths, and prepare correction entries with full documentation.
• Partner with AP, AR, and Payroll teams to ensure disbursement accounts remain sufficiently funded and transactions are accurately coded.
• Drive incremental process improvements to cash data flow between treasury systems and the accounting general ledger.

• Bachelor's degree in Accounting, Finance, or a related business field, or equivalent work experience.
• 3 or more years of accounting experience, with demonstrated ownership of bank reconciliation and cash posting in a multi-entity environment.
• Working knowledge of US GAAP and applicable accounting methods, including accrual-based accounting principles.
• Experience with month-end and year-end close processes, including journal entry preparation and balance sheet account reconciliation.
• Understanding of accounts receivable and accounts payable processes as they relate to daily cash application.
• Strong analytical and problem-solving skills with high attention to detail and ability to manage high-volume transactional work under deadline.
• Effective verbal and written communication skills, with the ability to interact across finance, treasury, and operations teams.

• Experience in a shared service centre or multi-GAAP international accounting environment, including R2R function exposure.
• Familiarity with intercompany accounting, FX-realized entries, or cash pooling transactions across multi-currency bank accounts.
• Active progress toward a CPA designation or equivalent professional accounting certification.
• Prior involvement in process automation or data flow improvement projects between treasury and accounting systems.

• Daily bank reconciliation completion rate, measuring whether all assigned accounts are cleared before next-business-day open.
• Suspense GL aging, tracking the average number of days open items remain unresolved before clearance.
• Month-end close cycle time, reflecting how consistently cash postings and journal entries are submitted by internal deadlines.
• Audit findings attributable to cash reconciliation, counting control exceptions identified by internal or external reviewers.
• Intercompany variance resolution rate, measuring the percentage of IC discrepancies resolved within the same close period.
• Typical tools: ERP general ledger platforms (commonly SAP or Oracle); spreadsheet applications (commonly Excel with pivot and lookup functions).

• Base Salary Range: $52,000 to $72,000 annually, depending on experience and location.
• Bonus: Annual discretionary bonus of 5% to 8% of base salary.
• Equity: Not typically offered at this level in corporate accounting roles.
• Health Benefits: Medical, dental, and vision coverage; employer contribution varies by company size.
• PTO: 15 to 20 days annually, plus standard federal holidays.
• Common Perks: Professional development reimbursement, CPA exam support, hybrid work arrangements where available.

Figures are estimates based on general US market benchmarks and may be outdated. Adjust based on location, company size, and seniority level.

Successful completion of a background check is a condition of employment for this role. All qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, disability, age, or any other characteristic protected under applicable federal, state, or local law. Reasonable accommodations are available to individuals with disabilities throughout the hiring process upon request. Candidates must hold current authorization to work in the United States without employer sponsorship.

The Cash Accountant owns the daily cash accounting and bank reconciliation cycle, resolving unreconciled items and posting intercompany loan transactions within a global shared-services finance structure. Reporting to the Team Lead of GFS Accounting, this role partners with the Intercompany Analyst, Europe Treasury department, and internal and external stakeholders to deliver accurate month-end and year-end close outcomes.

Key Responsibilities

• Prepare and book daily cash activities (BRS).
• Reconcile suspense GL accounts and clear them on a daily basis.
• Review and record daily cash postings (vendor payments and customer receipts).
• Post and reconcile accounting entries for intercompany loan transactions.
• Reconcile bank accounts and validate balances.
• Analyze cash activities and close interaction with the Europe Treasury department.
• Participate in cross-functional team projects and transactional work with the Integrity Treasury cash management system.
• Support internal/external customers by providing timely responses to their queries.
• Build good relationships with internal and external stakeholders.
• Ensure smooth month-end and annual close for AR.

Required Qualifications

• B.Com (H) or equivalent degree.
• 4 to 5 years of accounting/finance experience.
• Good knowledge of the accounts receivable process with expertise in the cash process.
• Experience in VAT and payroll processes is an added advantage.
• High level of competency with Microsoft Office and SAP.
• Strong analytical, problem-solving, and interpersonal skills with the ability to interact effectively at all levels.
• Excellent verbal and written communication skills.
• Ability to quickly adapt to change, take initiative, and deliver results with a high degree of reliability.

Embedded within the OC Genpact Operational Controllership team, the Cash Accountant leads and performs US GAAP general accounting activities on behalf of client affiliates across 31 countries, supporting Finance Europe's full closing-of-the-books process. Working closely with local and regional business controllership teams, FP&A, and external auditors, this role delivers compliant balance sheet reconciliations and variance analyses across treasury, intercompany, and supply chain accounting areas.

Core Functions

• Lead and perform US GAAP general accounting activities on behalf of local businesses.
• Validate and apply appropriate accounting principles on unusual or non-routine transactions.
• Perform month-end closing activities according to respective business deadlines.
• Assist in monthly and quarterly balance sheet and P&L review and prepare variance analysis.
• Prepare all balance sheet account reconciliations and ensure open items are closed.
• Analyze process transactions and their potential financial impact.
• Ensure all accounting processes comply with regulations and principles, and maintain confidentiality of personal and sensitive data.
• Maintain good working relationships with local operations, controllership team, and FP&A.
• Provide data and support to external and internal auditors.
• Participate in process improvement projects and ensure compliance with finance standards.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or a related business field.
• Accounting work experience in a multi-GAAP environment.
• Experience closing the books, ideally in an international environment or R2R function of an SSC.
• Understanding of financial statements (Cash Flow, P&L, Balance Sheet) and key financial metrics.
• Proficiency in MS Office, particularly Excel
• Experience with ERP systems (Oracle or SAP).
• Written and verbal proficiency in English; a second European language is an advantage.
• Ability to learn and adhere to standards and processes quickly and accurately.
• Flexible, team-oriented approach with comfort delivering against quantitative and qualitative performance metrics.

Reporting to management, the Cash Accountant is responsible for accurately posting all receipts and payments to proper customer and vendor accounts daily across multiple bank accounts and companies, including Trade, non-Trade, Cash Pooling, Margin Calls, and FX-realized transactions. Partnering with the Settlements, Treasury, Operations, APAR, and Product Controlling departments, this role delivers timely reconciliation of cash accounts and weekly open-item reporting to support accurate financial close.

Primary Duties

• Manage daily accuracy of accounting books through Cash App booking and control of the interface.
• Post all cash receipts and disbursements daily for multiple bank accounts and companies.
• Reconcile cash accounts daily to ensure all items are accounted for, including Trade, non-Trade, Cash Pooling, Margin Calls, and FX realized.
• Follow up on inaccurate payments or collections and liaise with Operations, APAR, Product Controlling, and Treasury daily.
• Access FO systems to check missing data via Allegro, Ariba, and Kyriba.
• Provide weekly reports to the manager on open and pending items based on bank and SUN reconciliations.
• Improve and automate data flow from Treasury to Accounting.

Skills & Qualifications

• Bachelor's degree in Accounting or equivalent.
• Minimum 3 years in Accounting with experience in the invoice-to-cash process and underlying treasury and accounting principles.
• Experience processing AP, AR, and Banks; experience in an international shared service centre is a plus.
• Advanced MS Excel skills including pivot tables and charts.
• Fluent in English, both written and oral.
• Reliable, highly attentive to detail, and able to work within daily booking and monthly closing deadlines.

Sitting at the intersection of daily transaction control and period-end reporting, the Cash Accountant shapes how the organization maintains accurate cash balances across bank accounts, foreign exchange holdings, and investment accounts, ensuring all reconciling items are resolved before statutory deadlines. Operating across finance, audit, and operations teams, this role delivers the documentation and reporting adjustments that support both internal controls and external statutory compliance.

Duties

• Record daily cash transactions accurately and reconcile to bank balances, including funding of bank accounts, foreign exchange, and investments.
• Reconcile and analyze assigned accounts and initiate corrective actions to clear outstanding items promptly.
• Actively communicate with other departments and follow up on corrective actions.
• Prepare and submit required financial reporting adjustments to supervisor and Operations Reporting as necessary.
• Actively participate in month-end close and ensure processes are completed per established procedures.
• Coordinate with audit team to ensure financial information supporting internal and statutory requirements is provided in a timely manner.
• Perform quarterly and yearly analysis on specific balance sheet accounts and complete special assignments as needed.

Requirements

• Bachelor's degree in Accounting or related field, or at least 3–5 years of accounting experience instead of a degree.
• Must have legal right to work in the US without sponsorship.
• Understanding of GAAP and applicable accounting methods.
• Basic knowledge of document imaging software, procurement systems, financial reporting, and Oracle Financials.
• Basic skills in MS Office suite (Word, Excel, Outlook, Teams), accounts payable, general ledger, and billing.
• Dependable, punctual, conscientious, self-starter capable of working independently and managing workload under tight deadlines.
• Strong organizational skills with attention to detail, quality control, and ability to maintain confidentiality.

A key member of the company's cross-functional accounting team, the Cash Accountant builds accurate daily bank reconciliations and maintains tenant ledger postings, HOA payment research, and period-end close procedures in support of an institutionally scaled property portfolio. Collaborating across the property accounting team and reporting to the Property Accounting Manager, this role enables timely and complete financial close across month-end, quarter-end, and year-end cycles.

Functions

• Perform daily bank reconciliations and process time-sensitive payments.
• Prepare and record journal entries and post transactions to tenant ledgers.
• Research HOA payments.
• Assist the institutional property accounting team as needed.
• Assist in month-end, quarter-end, and year-end close procedures.

Experience & Qualifications

• Bachelor's degree in Accounting preferred, or equivalent experience.
• At least 3 years of previous accounting experience.
• Experience with NetSuite is a plus.
• Ability to work independently and within a team to build relationships with business partners.
• Organized, detail-oriented, thorough, and able to work with a sense of urgency.
• Willing to take on new challenges, responsibilities, and assignments in a fast-paced environment.

Accurate daily cash recording, weekly bank reconciliations completed by the 8th of each month, and quarterly Credit Facility BBC reporting to the parent company Treasury all depend on the Corporate Cash Accountant, who owns the full cash accounting and period-end close function within a retail corporate finance environment. Based within the Finance team and working alongside AR, Payroll, G&T Loss Prevention, and third-party audit partners, this role shapes cash metrics, free cash flow forecasting, and PCard compliance across the organization.

Accountabilities

• Accurately record daily cash activities by accessing the banking portal, exporting activity, assigning GL coding, and working with AR, Finance, and Payroll.
• Complete period-end cash activities including accruals for credit card discounts, bank fees, and hedging entries within a 3-day month-end close.
• Prepare weekly and monthly bank reconciliations for all cash accounts by the 8th day of each month for management and audit review.
• Produce free cash flow reporting including actuals, dynamic weekly forecasts, and budget.
• Create efficiencies and develop process improvements for daily cash accounting activities.
• Partner with third-party provider, G&T Loss Prevention, and AR Collections team to support credit card chargeback resolution.
• Prepare quarterly Credit Facility (BBC) reporting to parent company Treasury department and support annual bank and third-party related audits.
• Administer the company credit card process, which includes reviewing transactions to ensure compliance with company policy and accurate recording of activity in company financials.
• Manage global sourcing import customs documentation matching and wire payment process.
• Produce cash-related metrics and expense analysis (DPO/DSO, others) and participate in Finance project teams as required to implement new processes, Accounting Standards, and system implementations.

Position Requirements

• Diploma or degree in Accounting or Finance.
• Active student of CPA Accounting program (PEP/PREP level) or designation.
• Minimum 3 years' experience in a related field with experience in bank reconciliations and cash accounting.
• Strong MS Excel skills including spreadsheets, lookups, and pivots; exposure to AS-400 and online banking environments is an asset.
• Excellent verbal and written communication skills in English.
• Critical thinker with proven problem-solving abilities, detail-oriented, organized, and a proactive self-starter with a commitment to deadlines and accuracy.
• Ability to meet deadlines through multitasking and a sense of urgency in task application.

This permanent Cash Accountant position in the Des Moines, Iowa area delivers accurate general ledger reconciliation, journal entries, and AP/AR support within a team-oriented accounting environment that offers strong career advancement opportunities. The work directly supports financial statement accuracy by reconciling discrepancies, processing daily invoices and cash receipts, and producing statements and reports from multiple data sources.

Scope of Work

• Reconcile discrepancies by examining sources of disagreement, recreating likely actions, and identifying effects on other accounts; prepare correction documents as needed.
• Assist with G/L account reconciliation, month-end closing, and other ad hoc projects.
• Assist Accounts Payable with vendor invoices, disbursement filing, and invoice matching.
• Produce statements and reports using a variety of sources and methods.
• Add financial information to journals and ledgers.
• Assist Accounts Receivable with processing daily invoices and credits, applying cash receipts, and collecting past-due balances.
• Carry out other related duties and work on special projects as assigned.

Education & Experience

• AA or BS/BA in Accounting or related field preferred.
• 2+ years of accounting experience required.
• Knowledge of account reconciliation, accruals, account transactions, and accounting entries.
• Experience with AP, AR, credit reports, account balances, and cost accounting.
• Spreadsheet and ERP system experience recommended; excellent data entry skills.
• Knowledge of Custom Reports and general familiarity with allocation processes.
• Ability to multitask effectively with strong critical thinking skills.

Cash Accountant manages daily recording of bank transactions across USD and CAD accounts, prepares a daily cash flow report, and manages the operating line of credit for the Omega Morgan North Plains office. The work directly supports month-end close accuracy by delivering journal entries, account reconciliations, and monthly variance analyses for key balance sheet accounts.

Day-to-Day Responsibilities

• Record daily cash disbursements (ACH and wire) from various USD and CAD bank accounts.
• Accurately record customer cash receipts and apply payment to correct customer invoices in the ERP system.
• Prepare a daily cash flow report and work with Payroll and AP teams to ensure disbursement accounts are sufficiently funded.
• Assist with month-end close, including preparing journal entries and completing account reconciliations from the general ledger and bank records.
• Prepare monthly variance analyses for key balance sheet accounts as part of the month-end close process.
• Communicate with co-workers, management, and clients courteously and professionally.
• Conform with all regulations, policies, work procedures, and instructions.

Background & Experience

• BS or BA in Accounting or Finance; CPA preferred.
• Minimum 2 years of accounting experience; construction or similar industry experience preferred.
• Strong understanding of both financial and operational processes and internal controls.
• Ability to analyze and process a high volume of data.
• Strong computer skills including MS Office.
• Proficiency with SAP ERP and standard office software.
• Ability to work with minimal supervision.
• Strong desire for continuous improvement of processes, controls, and your own skill set.
• Strong sense of natural curiosity, desire to know how things work.

The Cash Accountant develops accurate reconciliations of revenue, cash receipts, and bank deposits across multiple locations as a member of a 4-person Assets team focused on revenue, cash reconciliation, and fixed asset tracking. Working directly with operations and facilities teams, this role ensures month-end close compliance and supports both internal and external audits through thorough documentation maintained in accordance with company policy.

Key Responsibilities

• Verify, allocate, post, and reconcile revenue, cash receipts, and bank deposits for multiple bank accounts and locations.
• Coordinate with operations personnel to resolve questions and issues regarding revenue and cash transactions.
• Train operations personnel in proper cash handling, purchasing, and other administrative procedures.
• Assist in the month-end closing process and support internal and external audits to ensure compliance.
• Maintain files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices.

Knowledge Skills & Abilities

• Associate's or Bachelor's degree preferred but not required.
• Prior experience in corporate accounting; retail industry experience preferred.
• GL and bank account reconciliation experience required.
• Understanding of accrual-based accounting.
• Proficiency with MS Office and financial systems such as Sage, NetSuite, or Microsoft Dynamics.
• Strong mathematical, analytical, and customer service skills with effective written and verbal communication.
• Able to multitask, resolve multiple inquiries in order of priority, and drive process improvement.
• Must complete a pre-hire background check and driving history review.
• Strong business ethics and integrity required.