Accountant – Cash Management

Large Montgomery County, MD based property management firm is seeking an Accountant to manage all treasure and cash for the organization (Corporate and Property level). In this role, the Accountant will manage banking relationships, processing cash transactions, maintaining bank accounts and reporting, and reconciling banking activity. Successful candidates will have demonstrated experience managing multiple entities, complex transactions and experience development relationships with internal and external stakeholders, clients and partners.

Responsibilities:

• Monitor daily cash balances and reconcile accounts to maintain accurate records of cash flow.
• Prepare cash forecasts based on operational needs, capital expenditure plans, and other projections.
• Collaborate with finance and operational teams to align cash flow forecasts with company objectives.
• Manage bank accounts, ensuring adequate funds are available to meet the company’s obligations.
• Process electronic payments (e.g., wire transfers, ACH) and ensure timely processing of payments.
• Perform daily bank reconciliations and investigate any discrepancies.
• Prepare monthly and quarterly cash flow reports and liquidity metrics for management.
• Maintain accurate documentation of treasury activities for compliance with regulatory requirements.
• Support month-end and year-end closing processes by providing accurate and timely treasury-related information.
• Identify opportunities to optimize cash holdings and minimize financial risks.
• Monitor and adhere to internal control standards and company policies.
• Serve as a liaison between the company and banking partners to resolve issues and negotiate favorable terms.
• Perform standard treasury transactional tasks i.e. manage processing checks, wires, and ACH transactions, audit and update cash balances daily, open and close bank accounts as needed, report cash balances for all entities and functions, manage client-specific reporting and financial cash accounting.
• Maintain updated records of bank signatories and authorized personnel.