Cash Management Coordinator
Tesoro Corporation, headquartered in San Antonio, Texas, is a Fortune 150 and Global 500 company. As a leading independent refiner and marketer of petroleum products we, through our subsidiaries, operate seven refineries, more than 1,200 branded retail stations, and employ approximately 5,000 employees.
Our strength lies in our investment in employees and in their future. We measure success not only by the products we bring to our customers, or the financial results we deliver to our shareholders, but also by remaining true to our core values of safety and environmental stewardship, respect and integrity.
Discover your strengths and invest in your future by applying today.
This position is responsible for Tesoro's daily cash activity including the analysis of bank activity and assisting in determining daily cash position as well as inputting, maintaining and updating daily work into treasury worksheets.
Gathers daily bank account activity from Internet sites of our financial institutions.
Assists Manager Cash Management in determining daily cash position, including the coordination of daily receipts and disbursements with Credit, Accounting and Operations personnel and determining the timing and funding of subsidiaries bank accounts.
Ensure tasks are performed with the scope of SOX and audit requirements.
Performs daily activities for treasury worksheets including reconciliation of the previous day's bank balances, initiation of outgoing wire transfers and the clearing of the payment documents in SAP.
Entry and verification of all daily bank transactions, and preparation of the daily cash report and other reports as required by the Finance and Controller's Department.
Coordinates and acts as a liaison between Accounts Payable and various Accounting Departments concerning the payment of wire transfers and the clearing of them in SAP.
Acts as liaison to Corporate Accounting, Cash Applications and Credit Department to resolve banking problems and to ensure accurate booking of cash transactions.
Processes all Voids and Stop Payments of company checks (payroll, accounts payable and royalty) and the restoring of the payment document back into SAP and reissuance of the payment, when required.
Review daily Positive Pay exception reports for possible fraudulent check cashing attempts.
Prepares daily inter-company bank transaction report for Corporate Accounting.
Daily backup of day's banking activity.
Assists with internal and external audits and quarterly reviews.
Acts as backup for Treasury staff.
Education & Experience:
Minimum high diploma or equivalent required.
Minimum 5 years general accounting experience with 3 years in a finance area required.
United States-Texas-San Antonio
Tesoro Corporation - 13 months ago