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.

Searching Searching ...

Matching School Ads
1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
2 Program(s) Found
  • Online bachelor's and master's level Business programs are available.
  • Courses are designed to teach practical business solutions, with a career-focused curriculum.
  • Students can study in areas such as business, applied management, and business administration.
  • Experienced professionals equip students with a working knowledge of marketing, financing, accounting, and sales.
  • Students who have graduated high school in or before 2015 are eligible to apply.
  • Online Courses
2 Program(s) Found
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
South University , Glen Allen
  • Program options include Accounting, Business Administration, Leadership, and more.
  • Curriculum focuses on developing leadership, critical thinking, problem-solving, and communication skills.
  • Programmatic accreditation by the Accreditation Council for Business Schools and Programs (ACBSP) at select campuses.
  • Business programs are available at many of the 11 campus locations across the United States.
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid
1 Program(s) Found
  • Full Sail’s curriculum combines elements of creativity, art, business and life skills, technical prowess, and academic achievement.
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average.
  • Students work with industry-standard tools and technologies, allowing them to gain practical knowledge and real-world experience.
  • Join us on Facebook, Twitter, YouTube and Instagram to interact with our community, read about grad success, and see campus images.
  • Online Courses

Searching Searching ...

Matching School Ads
2 Program(s) Found
  • Online bachelor's and master's level Business programs are available.
  • Courses are designed to teach practical business solutions, with a career-focused curriculum.
  • Students can study in areas such as business, applied management, and business administration.
  • Experienced professionals equip students with a working knowledge of marketing, financing, accounting, and sales.
  • Students who have graduated high school in or before 2015 are eligible to apply.
  • Online Courses
2 Program(s) Found
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students will explore business concepts like marketing, global media management, and business technology and design
  • Courses designed to prepare students for a career in business and Career Development advisors available to all alumni
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!