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Manager, Cash Management

Manager, Cash Management

CoinFlipChicago, IL, US
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Manager Of Cash Management

CoinFlip is a global digital currency platform company focused on providing consumers with simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume, with more than 5,500 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, Brazil, Mexico, and Spain. CoinFlip's digital currency kiosks make buying and selling major cryptocurrencies accessible for consumers who wish to purchase digital currency using cash.

CoinFlip also operates CoinFlip Preferred, a personalized over-the-counter service that provides investors with custom, white-glove support for their cryptocurrency transactions. In 2022, CoinFlip launched CoinFlip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects. We also offer the CoinFlip Crypto Wallet, a self-custodial cryptocurrency wallet available for iOS and Android devices.

CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune's Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey, visit www.CoinFlip.tech.

We're seeking a Manager of Cash Management responsible for leading CoinFlip's cash management and reconciliation team. This individual will oversee a team of analysts tasked with daily, monthly, and ad hoc reconciliation and reporting of transactional and cash data. In addition this individual will work closely with multiple external and internal parties to identify and resolve transaction discrepancies.

Responsibilities :

  • Oversee a team of analysts tasked with daily, monthly, and ad hoc reconciliation and reporting of transactional and cash data.
  • Build and maintain workflow and risk management processes, tools, and reports relating to resourcing, performance, and issue identification / prioritization / resolution.
  • Manage cash reporting and analysis, including projections, segregation, and inquiries.
  • Build relationships with internal, client, and third-party vendors in order to provide a more streamlined and consistent level of service; act as a point of escalation for complex / sensitive issue resolution.
  • Negotiate contract's with third-party vendors to increase profitability and / or reduce risk.
  • Provide subject-matter expertise to senior management and project teams.
  • Identify and implement process improvements aimed at increasing efficiency / scalability and / or reducing risk.
  • Assess training needs and assist in the development of operational knowledge, as well as observational, inferential, and decision-making skills, of incoming and tenured analysts and senior analysts.
  • Provide analysts and senior analysts with ongoing feedback, carry out periodic evaluations, and act as a resource for career development.
  • Other duties as assigned.

Requirements :

  • Bachelor's degree in Accounting / Finance or equivalent preferred.
  • 5-6 years of cash management experience.
  • Strong decision-making, critical-thinking, and analytical-reasoning abilities.
  • Strong supervisory and team-building skills.
  • Strong interpersonal, decision-making, and analytical abilities.
  • Knowledge of, or demonstrated ability to learn, complex derivative securities.
  • Ability to work and make decisions independently.
  • Advanced knowledge of MS Excel and accounting systems.
  • Strong attention to detail with the ability to manage multiple projects simultaneously.
  • Strong verbal and written communication skills.
  • Nice To Have :

  • Basic knowledge of cryptocurrency and blockchains.
  • General passion and knowledge of fintech and cryptocurrency.
  • Base Salary Range : $90,000-$100,000 USD

    For all United States based opportunities, our comprehensive benefits package includes, for all full-time employees, competitive health, dental, and vision insurance plans through BlueCross BlueShield (employer subsidized), a generous retirement savings plan with company match up to 4%, performance based bonuses and paid time off.

    Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge.

    CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply, but only those selected for an interview will be contacted.

    By applying to this role, you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying "STOP" to the text message you received. If at any time you forget what keywords are supported, just reply "HELP." Message and data rates apply. If you require a special accommodation, please let us know and we'll work with you to meet your needs.

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