Cash and Asset Management Specialist Job at LHH Recruitment Solutions in Blue Be

Job Title: Cash and Asset Management Specialist

Location: Blue Bell, PA 

Salary: 55-65k 

Overview: The Cash and Asset Management Specialist is responsible for managing key cash-related functions, including posting and applying cash receipts, performing bank reconciliations, and overseeing the management of fixed assets. This role ensures accurate cash records, timely reconciliations, and proper tracking and reporting of fixed assets. Working in a fast-paced environment, this position requires a professional, detail-oriented individual with strong communication skills who can effectively work both independently and within a team.

Responsibilities:

Cash Application & Posting:

• Accurately post and apply cash receipts, ensuring the general ledger is updated promptly.
• Investigate and resolve discrepancies in cash postings, maintaining precise financial records.

Bank Reconciliation:

• Conduct monthly bank reconciliations for all accounts, identifying and resolving variances.
• Maintain detailed records of reconciliations to support internal controls and audit readiness.

Fixed Asset Management:

• Track and record fixed asset acquisitions, disposals, and transfers in compliance with company policies.
• Maintain the fixed asset ledger, ensuring accurate depreciation schedules and asset valuation.
• Perform regular audits of fixed assets to verify the accuracy of records.

Audit Support:

• Participate in the annual audit process, preparing documentation and supporting auditors’ needs related to cash transactions, bank reconciliations, and fixed assets.
• Ensure accurate and complete records to streamline the audit process for cash and fixed asset accounts.

Transaction Analysis & Support:

• Analyze cash flow to identify trends or potential issues, supporting cash forecasting as needed.
• Collaborate with the finance team to assist in monthly close processes related to cash accounts and fixed assets.

Team Collaboration & Communication:

• Work effectively within the finance team, providing support for cross-functional tasks as needed.
• Communicate effectively with team members and leadership, maintaining professionalism in a fast-paced setting.

Qualifications:

• Associate’s degree in accounting or equivalent experience required.
• Minimum of 3+ years in roles involving cash application, bank reconciliation, and fixed asset management.
• Strong Excel skills required; experience with ERP systems such as NetSuite and Sage is a plus.
• Professional services experience is preferred but not required.
• Excellent communication skills, attention to detail, and ability to work both independently and collaboratively in a team environment.

Benefits and Perks:

• Salary
• Weekly Direct Deposit
• On-going training and development, specific to our industry and your role to provide a true career opportunity.
• Health, dental, and vision insurance
• 401k with company matching

Pay Details: $55,000.00 to $65,000.00 per year

Search managed by: Cassandra Coakley

Equal Opportunity Employer/Veterans/Disabled

To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy

The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act
• Los Angeles City Fair Chance Ordinance
• Los Angeles County Fair Chance Ordinance for Employers
• San Francisco Fair Chance Ordinance