Cash Management Specialist

Job Description The Cash Management Specialist is responsible for Lockbox and electronic remittance processing for AgFirst district associations. Duties & Responsibilities : Return nondeposited exceptions, cash and correspondence items to the appropriate branch office and coordinates exception processing Processes deposited exception items and OCR Rejects Deposited exceptions are processed the day received with notification sent to associations Non-deposited exceptions are sent to associations the day received Correspondence and cash items are returned to association within three working days Process OCR rejects each afternoon by close of business and send Eform same day Responsible for following up on potential encoding errors with Regulus and Bank of Americ Ensures lockbox payments are properly applied to the appropriate system each day Balances Lockbox, FastCash, AutoDraft, AutoBorrow, ICS, QuickPay and AgSweep cycles daily Contact Regulus and/or Bank of America of suspected problems. Cycles are balanced each day by 12:00. Out-of-balances are researched and resolved within two posting cycles. Problems are communicated to primary supervisor. Daily deposit tickets are provided and notification of any commercial bank or vendor problems are communicated to Accounting and appropriate management with regard to our vendors immediately Provides operations support to cash management and Treasury Supports daily responsibilities for AgriLine, FastCash, AutoDraft, AutoBorrow, ICS, AgSweep and QuickPay Provides support to the banks Treasurer Process AgriLine Rejects when needed Keep policies and procedures updated and posted to the Intranet Coordination and daily management of cash management services provided by the bank and association Domestic wire transfers through GFX and International wire transfers via Wells Fargo CEO Portal. Process ACH activity for collections, federal and state tax payments, insurance premiums and Ceridian. Process ACH activity for Accounts Payable and expense reimbursement, FastCash, AutoDraft and ICS. Process Controlled Disbursements through Wells Fargo CEO Portal Responsibilities : Education and/or experience equivalent to an Associate Degree in Accounting or Business Five years of comparable work experience Excellent oral and written communication skills Knowledgeable in Microsoft Suite of products Knowledge of commercial bank operations Knowledge of automated accounting systems

Created: 2025-11-15