Associate, Cash Manager

Company Description

As part of the Wilshire family, you can rest assured that every day you are contributing to an organization that is helping investors improve their financial outcomes. For more than 50 years, Wilshire has been dedicated to providing customized portfolio solutions grounded in research and powered by next generation technologies.

Wilshire advises on over $1 trillion in assets for some of the world’s largest and most sophisticated institutional investors and is headquartered in the United States with offices worldwide.

Job Description

We are seeking an experienced, detail-oriented Cash Manager to join our dynamic finance team. The successful candidate will play a crucial role in managing daily liquidity across a portfolio of US and international accounts with multiple banking partners.

If you are a proactive and critical thinker with great attention to detail and a passion for supporting cash across a fast-growing company, we’d like to hear from you.  

What you'll do:

• Daily liquidity management: oversee and manage daily liquidity needs across US, international, and investment accounts to ensure funds availability for payroll, regular payables, and special payments
• Bank relationships: establish and maintain strong relationships with multiple banking partners and optimize transaction and FX fees
• Compliance: understand local regulatory compliance requirements across global entities and ensure compliance; collaborate with the legal team on AML-KYC requirements
• Short-term cash forecast: work closely with the accounts receivable, accounts payable, and FP&A teams to contribute to accurate short-term (13-week) cash forecasts
• Reporting: develop and present regular reports on cash flow, liquidity status, and investment performance on excess cash
• Assist with tax compliance, business license, and other legal entity management requirements

Qualifications

What you have:

• Proven experience in cash management across multiple entities and countries
• Excellent attention to detail and recognition that this role is the last validation before funds are disbursed
• Understanding of international banking and financial regulations & ability to learn new geographies
• Ability to communicate effectively across functions
• Proficiency in Excel and ability to develop reporting dashboards
• Motivated and able to adapt styles in a fast-paced environment

Additional Information

• This position will work on a hybrid model out of our Santa Monica or New York office
• We offer a comprehensive benefits package including a collaborative work environment, generous PTO, 401(k) match, affordable & comprehensive medical/dental/vision insurance, CFA and other professional membership reimbursement, and more.

The pay range for this position is $85,000-$105,000. However, base pay will be determined on an individual basis considering various factors, including location, qualifications, skills, and experience. The total compensation package includes eligibility for an annual discretionary bonus and a full range of health and financial benefit offerings, which will be provided in conjunction with an offer of employment.

Visit www.wilshire.com for additional company information. 

Wilshire is an SEC registered investment adviser and required to track certain political contributions under Rule 206(4)-5.  As such, you may be required to disclose your prior political contributions.  

We are an equal opportunity employer, which means we afford equal employment opportunity to all individuals regardless of race/ethnicity, creed, color, religion, sex (including gender and gender identity), national origin, ancestry, age, marital status, veteran status, citizenship status, disability, medical condition (as defined by California Government Code section 12926), or sexual orientation.  Our employees, as well as applicants and others with whom we do business, will not be subjected to sexual, racial, religious, ethnic, or any other form of unlawful harassment.  In addition, Wilshire adheres to the equal employment opportunity requirements of all states and localities in which it does business.  We are completely committed to these principles not only because of the various laws which address these subjects, but because it is the right thing to do for our employees and clients to thrive.

If you have a disability, and require reasonable accommodations in the application process, contact Human Resources at [email protected] or 310-584-6011.

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