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. Requirements [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.