Associate, Cash Operations

Core Spaces

Chicago, Illinois

JOB DETAILS
SALARY
$65,000–$80,000 Per Year
SKILLS
Accounting, Administrative Skills, Analysis Skills, Banking Services, Business Banking, Cash Flow, Cash Management, Communication Skills, Corporate Banking, Cross-Functional, Customer Support/Service, Data Quality, Detail Oriented, Diversity, Documentation, Employee Assistance Plan, Estate Management, Finance, Financial Operations, Interpersonal Skills, Investment Management, Mail Processing, Microsoft Office, Multitasking, Operational Improvement, Operational Strategy, Physical Demands, Presentation/Verbal Skills, Process Improvement, Property Rentals, Real Estate, Reimbursement, Reporting Skills, Research Skills, Risk, Student Housing, Systems Administration/Management, Time Management, Treasury, Treasury Management, Writing Skills
LOCATION
Chicago, Illinois
POSTED
2 days ago
Who We Are:

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do:

Founded in 2010, Core is a vertically integrated real estate investment manager focused on acquiring, developing and managing across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven service. Core’s student housing portfolio includes over 74,440 beds currently owned or managed, with a pipeline of over 53,860 beds in various stages of development. Core’s BTR division has over 3,000 homes under development, now leasing or in its pipeline in high-growth metros nationwide. For more information, visit www.corespaces.com.   

  

*Portfolio and pipeline numbers as of Q1 2026 

 

Benefits That Matter:

 

  • A culture that provides you with a sense of belonging 
  • Competitive pay that values your contributions 
  • Incentives designed to reward your achievements 
  • Paid flexible PTO to disconnect or celebrate life milestones 
  • Paid 14+ holidays, including your birthday, to disconnect and celebrate 
  • Paid Parental Leave that begins after 90 days 
  • Paid volunteer time off to give back to your community 
  • Monthly workshop weeks; fewer meetings & more collaboration 
  • Robust health plan options that begin within at least 30 days of your employment 
  • Monthly phone reimbursement 
  • Wellness allowance and perks, including a yearly subscription to a meditation app 
  • An environment that provides you a voice to share your perspectives 
  • Employee Assistance Program (EAP) for access to confidential support services        
  • Company retirement options including 401(k) + matching & Roth account option 
Position Overview:

The Cash Operations Associate is a critical member of the Treasury team, responsible for driving the accuracy and efficiency of daily cash management and payment activities. This role partners closely with internal stakeholders to support process efficiency and improve operational workflows to help meet the operational needs of a growing organization. By collaborating with banking partners and cross-functional teams, the Cash Operations Associate ensures reliable cash visibility and execution, contributing directly to the organization’s financial stability and ability to operate at scale.

What You Will Do:
  • Serve as day-to-day point of contact for Treasury requests, ensuring timely and accurate resolution  
  • Independently manage assigned tasks through the Treasury ticketing system, escalating issues as appropriate 
  • Electronic payment input in bank portals and the Treasury Management System (Kyriba) 
  • Collaborate with multiple stakeholders; maintain close communication with banks and business units to ensure smooth payment execution 
  • Assist in protecting the company from fraud through wire instruction verification and positive pay activities 
  • Act as the subject-matter resource for bank portal access, user setup and maintenance 
  • Handle check inquiries and stop payment requests as assigned 
  • Calculate and process monthly bank fee allocation with accuracy and attention to detail 
  • Compile and maintain monthly bank statements in a centralized repository 
  • Partner with Treasury team to support data accuracy and basic reporting within Kyriba  
  • Assist with account opening documentation and related administrative processes 
  • Contribute to continuous process improvement initiatives to enhance efficiency and scalability within Treasury operations 
  • Provide general administrative support, including reviewing daily mail, determining required actions, and processing items accordingly.  
  • Facilitate weekly team meetings on a rotating basis, including agenda preparation and follow-ups  
  • Perform additional duties and projects assigned 
  • Must be able to complete all physical requirements of this role with or without reasonable accommodation 
  • Process deposits through remote deposit or in-person at bank branch if needed 
Ideally, You'll Have:
  • 2+ years of Corporate Treasury, Banking, or Accounting experience 
  • Bachelor’s degree in finance, accounting, or a related field 
  • Strong analytical ability including Excel proficiency 
  • Strong attention to detail with the ability to conduct thorough research and effectively manage multiple priorities in a fast-paced environment 
  • Ability to operate independently while also collaborating effectively with cross-functional teams 
  • Excellent verbal, written and interpersonal communication skills 
     

You'll crush it if you have experience with 

  • Kyriba Treasury Management System, including hands-on management of system setup, reporting capabilities, and integrations  
  • CTP certification or a clear path toward obtaining it, demonstrating strong technical treasury expertise and commitment to continued growth 
  • Real estate or other asset‑intensive sectors, with exposure to acquisitions, development projects, and complex cash flow structures 
  • Yardi, Entrata or Microsoft Office 

Organizational Structure 

 

Reports to: Senior Associate, Cash Operations 

Direct Reports: N/A 

Disclaimer:

Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

 

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.

Pay Range: USD $65,000.00 - USD $80,000.00 /Yr. Additional Compensation: Employees may be eligible for discretionary bonuses, typically 10% of base salary annually, depending on individual and organizational performance. Compensation Disclosure:

The compensation range listed reflects the base salary or hourly rate that we reasonably and in good faith expect to offer for this role at the time of posting. Actual compensation may vary based on factors such as education, experience, skills, certifications, seniority, geographic location, and business needs.

 

This role may be eligible for additional forms of compensation, including bonuses, commissions, stipends, or non-cash incentives, depending on position and performance. Benefits may include health insurance, retirement plans, paid time off, and other role-based offerings, subject to eligibility requirements.

 

All compensation components are subject to change based on business needs or market conditions.

About the Company

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Core Spaces