What are the responsibilities and job description for the Cash Management Analyst position at Elevance Health?
Location: Elevance Health supports a hybrid workplace model (virtual and in-office) with PulsePoint sites used for collaboration, community, and connection. This includes remote work and 1-2 days in office per week. Candidates must reside within a 50-mile or 1-hour commute each way of a relevant Elevance Health location.
The Cash Management Analyst manages the resources necessary to determine and settle the daily and short-term liquidity position of the company and multiple subsidiaries.
How You Will Make An Impact
Primary duties may include, but are not limited to:
Requires a BA/BS in Accounting or Finance and minimum of 2 years cash management experience; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities And Experiences
The Cash Management Analyst manages the resources necessary to determine and settle the daily and short-term liquidity position of the company and multiple subsidiaries.
How You Will Make An Impact
Primary duties may include, but are not limited to:
- Administers daily cash positioning for the Parent Company and multiple subsidiaries - including obtaining daily bank balances, forecasting expected cash flows, completing cash movements and cash concentration and identifying cash excess or shortage.
- Anticipates available liquidity while taking float and anticipated receipts/disbursements into consideration.
- Prepares daily, monthly, quarterly and yearly cash and liquidity forecast projections.
- Invests excess funds into the appropriate investment instruments.
- Monthly analysis of account balances and trends for cash optimization.
- Works closely with others on the team to manage the investment of short-term cash for multiple subsidiaries.
- Facilitates Treasury payments, Intercompany Settlements, and certain Accounts Payable disbursements (Foreign & Emergency wires)
- Serves as primary point of contact to internal customers for Treasury related inquiries/research requests.
- Administers electronic banking access and entitlements for users within the Company.
- Completes various month-end reports to support finance teams within the Company.
- Manages reporting functionality within Treasury Workstation and distribution of cash management reports to end-users.
- Responds to periodic internal/external audit requests.
Requires a BA/BS in Accounting or Finance and minimum of 2 years cash management experience; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities And Experiences
- Certified Treasury Professional preferred.