Cash Accountant Job in Ann Arbor, Michigan US

Cash Accountant

Cash Accountant( Job Number: O-2012CASH) Description Summary: This position is responsible for reconciling certain bank accounts on a periodic basis, preparing journal entries, reporting and communicating/supporting internal operational departments. GENERAL RESPONSIBILITIES (80 %) Maintain and Reconcile Bank Accounts Prepare periodic reconciliations for store depository, concentration, accounts payable disbursement, payroll, investment, gift card and gift certificate bank accounts Transfer cash from store depository to concentration bank accounts daily Reconcile store deposits daily in ReconNet database Load store point of sale data as well as bank and credit card settlement data into ReconNet database Prepare journal entries to record bank activity Review cash ledger account balances each period for normalcy Set up and close bank accounts as needed, including the completion of any related paperwork Research variances discovered by bank account reconciliation Use reporting tools including PeopleSoft (Finance and HR platforms), Hyperion Enterprise, and our proprietary Franchise Legal System software Use web reporting tools from our banks, Paymentech, American Express, and Discover Prepare reports related to store depository account activity including a Missing Deposit Report, Bank Adjustment Report, and Over Short Report Perform bank fee analysis and understand fee structure for store depository bank accounts (15%) Provide Banking Support to Internal Departments Communicate frequently with security and field management on any critical cash related issues, including missing and late deposits, shortages, and other unusual cash trends Perform inquiries and stop payments on outstanding checks, and order copies of paid checks as needed Support unclaimed property filings by researching outstanding checks to determine if they are escheatable Communicate with team members and vendors holding stale-dated uncashed checks to ensure payment of funds owed Reconcile escheatable checks in Tracker unclaimed property database to bank reconciliations (5%) Special Projects/Other Perform ad hoc projects Qualifications MINIMUM QUALIFICATIONS Bachelor's degree in Accounting or related field Proficiency in Excel and Word and working knowledge of databases Excellent interpersonal and communication skills