Cash Manager (Bilingual in Korean)

[Position]

Cash Manager

[About Our Client]

[Job Summary]

The Cash Manager is responsible for managing and optimizing the company’s cash flow, banking relationships, and liquidity. This role oversees daily cash operations, monitors bank accounts, manages short-term investments and borrowings, and ensures compliance with internal controls and corporate policies. The Cash Manager will also support treasury forecasting, intercompany funding, and reporting to management and headquarters.

[Job Description]

Key Responsibilities

1. Daily Cash Operations

- Manage daily cash inflows and outflows, including vendor payments, customer collections, and internal fund transfers.

- Perform daily cash reconciliation between bank accounts and SAP records to ensure accuracy of postings.

- Review and approve payment runs (e.g., vendor, payroll, tax, intercompany) in accordance with company policy.

- Prepare daily cash summary reports, reflecting actual balances, pending payments, and available liquidity.

- Conduct end-of-day cash closing to confirm that all bank transactions, disbursements, and receipts are properly recorded and reconciled.

2. Line of Credit / Loan Management

- Manage the company’s credit facilities, including lines of credit, term loans, and intercompany borrowings.

- Track loan balances, interest accruals, and repayment schedules to ensure timely payments.

- Coordinate loan drawdowns and repayments based on cash flow requirements.

- Support negotiation of new credit lines or refinancing as needed.

3. Forecasting & Reporting

- Prepare and update monthly/quarterly/yearly cash flow forecasts.

- Analyze actual vs. forecasted cash flow and explain variances.

- Report cash position, credit lines, and investment balances to management and headquarters.

4. Internal Controls & Compliance

- Implement and maintain treasury-related internal controls (e.g., dual approvals, segregation of duties).

- Support compliance with SOX/internal control requirements and audit requests.

- Ensure proper authorization for wire transfers, intercompany loans, and payments.

[Qualifications]

Education & Experience

- Bachelor’s degree in Finance, Accounting, Economics, or related field

- 5+ years of experience in treasury, cash management, or corporate finance.

- Proficiency with SAP and Excel

- Firm banking experience preferred

Skills & Competencies

- Fluency in Korean is preferred.

- Strong analytical, problem-solving, and organizational skills.

- Excellent attention to detail and accuracy.

- Solid understanding of banking operations, cash flow forecasting, and FX exposure.

- Effective communication and cross-functional collaboration skills.

- Advanced Excel skills and familiarity with financial modeling.