Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Cash Management Service Representative Job Description

Job Descriptions December 8, 2013

Cash management is not merely the job of counting cash but overseeing a department. As a cash management service representative you are in charge of providing cash management services to bank clientele. This involves helping clients to create a program for managing their cash assets, all the while ensuring profitability for the company. The average salary for this career is over $33,000, according to the Certified Compensation Professionals of HR survey. Managerial job titles, one step above representatives, include service supervisors and management executives.

The Job Description for a Cash Management Service Representative

As a service representative you will not be undertaking any massive organizational programs, nor are you responsible for profitability. What you do is report to a manager with financial information. It’s your job to maintain sufficient cash flow. Your duties are primarily clerical, though a familiarity with the industry is preferred. Your main concern will be learning the organization; its procedures, departments and policies. While there is a standard protocol you may be called upon to use independent judgment on certain tasks.

Much of your time is spent reconciling credit and submitting forms, while also researching the truth behind bounced checks. Scanning, reviewing forms and ensuring the accuracy of information, as well as the proper protocol, is a chunk of your job description. You assist the company’s financial department, oftentimes taking on a direct approach in updating processing guidelines.

Your ability to multi-task will be an asset since you work with multiple fields in a day, and take on everything from audits to databases and service failures. Further assistance may be requested by the company or a manager. Coming up with solutions, in teams, or on your own, is the sign of a flexible and experienced worker.

Moving Up in Your Career

As you move up in company ranks, you may discover weightier responsibilities even before reaching a managerial position. For example, some service representatives speak with attorneys, and negotiate with business partners. A thorough knowledge of banking is required and so degrees in finance, or business (perhaps even an MBA) works best.

Experience outside of school also paints you in a shining light, since you will have experience with modern cash management programs, their limitations, and trends in the industry. Two to four years is standard, though in this position you do ultimately report to a supervisor. Leadership qualities are encouraged and so showing creativity and open-minded attitudes will only help to develop a high-caliber resume.

A bachelor’s degree is the recommended starting point for new students. Experience levels for new applicants are reasonable, somewhere between two to four years, but with only field experience—not managerial credentials. This is a job you could grow into, after a number of years learning the systems and programs. What is important is that you adapt to the job quickly, by following instructions and learning to communicate quickly and effectively with all managers, co-workers and clients. It’s time to turn this ship around and head towards a more promising route—that of a college professional who earns his or her way to a prominent and well-paying job.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 95% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Are You a Natural Leader or Good with Numbers? Get Educated in the Business Field.
  • Build the Capabilities and Connections to Power Your Future.
  • Business Administration & Management, Accounting, Marketing Degree Programs and More From Top Colleges that Fit Your Needs.
  • Find Schools Online or Near You & Get Info for FREE Today!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 95% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Are You a Natural Leader or Good with Numbers? Get Educated in the Business Field.
  • Build the Capabilities and Connections to Power Your Future.
  • Business Administration & Management, Accounting, Marketing Degree Programs and More From Top Colleges that Fit Your Needs.
  • Find Schools Online or Near You & Get Info for FREE Today!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!