Cash Reconciliation Specialist

About the role

Reporting directly to the Senior Accounting Manager, the Cash Reconciliation Accountant is primarily responsible for cash reconciliation and related reporting activities. This position provides a great growth opportunity for the right individual who will be able to accept additional responsibilities as the company grows.

Duties & Responsibilities:

• Ensure that all cash deposit transactions are recorded accurately and in accordance with U.S. GAAP.
• Extract data from bank statements and organize it into standardized reports.
• Monitor all depository accounts and compile cash activity into weekly reports.
• Reconcile cash and credit card deposits at the practice level, identifying discrepancies between cash system reports and actual bank deposits.
• Research and resolve cash reconciliation discrepancies in coordination with practice managers.
• Respond to inquiries and provide support to other departments regarding deposit transactions and reconciliations.
• Prepare monthly cash-related journal entries.
• Perform month-end close activities, including the preparation and review of journal entries in accordance with U.S. GAAP.
• Prepare account analyses and reconciliations for assigned balance sheet accounts.
• Identify and recommend process improvements within the role's areas of responsibility.
• Collaborate with other corporate departments to research and resolve reconciling items.
• Maintain accurate, timely, and well-organized electronic and paper records, including supporting documentation for assigned areas of responsibility.
• Utilize AEG systems, dashboards, and policies to support effective internal controls, best cash-handling practices, and efficient reconciliation processes.
• Crosstrain in designated finance functions to support employee development and departmental continuity and serve as a cross-functional backup when needed.
• Assist the Accounting Manager with special projects and other duties as assigned.