Cash Manager, Treasury Management

Title - Cash Manager, Treasury Management

Company - Affordable Equity Partners, Inc., a subsidiary of JES Holdings, LLC

Location - Columbia, MO

Candidates must be based in Columbia MO. We are not offering relocation for this position.

Schedule - Initially will be in the office 5 days and then transition to a hybrid of 4 days in office

Affordable Equity Partners, Inc. (AEP), a subsidiary of JES Holdings, LLC., provides a full range of investment banking services for those seeking to finance, build, purchase or rehabilitate multi-family housing. Since 1997, AEP has invested in nearly 27,000 homes in 500 communities. We serve the growing need for affordable housing across 16 states in 250 cities. We have successfully syndicated over $4 billion in tax credits to build or preserve homes for working class families and seniors.

Position Summary / Purpose

The Cash Manager applies company policies and control procedures in the handling, processing, deposit and disbursement of cash for AEP and all Equity Funds; and is responsible for the preparation of projections regarding cash and equity lines of credit.

Essential Functions

• Prepares and tracks cash uses and future projections for AEP and affiliated funds.
• Manages the use of bank equity lines of credit for AEP and affiliated funds.
• Deposits cash receipts in AEP and all Equity Funds.
• Manages all operating and reserve accounts for all Equity Funds.
• Oversees the preparation and approval process of cash disbursements for AEP and affiliated funds
• Manages opening and closing of bank accounts for AEP and all affiliated funds.
• Prepares outgoing wires online for the entire JES Holdings, LLC organization to include verbal verification with outside parties and managing process from preparation to third party receipt.
• Manages banking relationships to maximize interest rates on deposits, to include tracking of monthly interest rates and income received.

Non-essential Functions

• Serve as a back up to the AEP Accounts Payable Specialist
• Serve as a back up to the JES Holdings Cash Manager (for cutting checks and payroll

Essential Knowledge, Skills And Abilities

• Strong oral and written communication skills.
• Strong organizational skills for managing high volume transactions.
• Strong understanding of general ledger and the Real Estate industry.
• Solid understanding of cash flow and projections.
• Good understanding of accounts payable and receivable process.

Minimum Education/Equivalent Experience Requirements

• Bachelor’s degree in Accounting or 3 – 5 years of accounting experience in lieu of education required.
• 1-2 years’ experience in cash receipts and disbursements; along with 1-2 years’ experience in cash or financial projections.
• Heavy experience in using Microsoft Excel, with some experience in other Microsoft Office programs.