Cash Management Specialist Salary

The average Cash Management Specialist in the United States can expect to rake in roughly $46K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is reported as high by the vast majority of workers. Men are in the minority of survey respondents, with female Cash Management Specialists making up 73 percent. Most report receiving medical and dental coverage from their employers and more than half collect vision insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Read More
$33,747 - $67,175
(Median)
$34K
$46K
$67K
MEDIAN: $46,315
10%
50%
90%

Add this chart to your site: 640px    300px

$12.52 - $24.24
(Median)
$13
$17
$24
MEDIAN: $16.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23K$46K$69K
Salary
$33,747 - $67,175  
   
Bonus
$0.00 - $6,904  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,376 - $64,949  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 141
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$12.52 - $24.24  
   
Overtime
$18.60 - $35.65  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $6,904  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,376 - $64,949  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 89
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Cash Management Specialist

Cash management specialists are generally in charge of tasks related to managing money, such as maintaining records of cash applications and account reconciliation. They may also be responsible for establishing customer profiles for bank applications so they can access online systems. Cash management specialists need to understand product features so they can perform customer requests, which can range from remote deposit to automated clearinghouse (ACH) transfers. Additionally, these specialists have to maintain customer records, evaluate overdrafts and monthly statements, and monitor all balances. This job typically takes place in an office setting and is full time, although hours vary depending on the needs of the employer. There is no travel required in most cases. Typical employers of cash management specialists are banking institutions.

Read More...

Cash Management Specialist Tasks

  • Promote bank services, set up customer accounts, and keep records of sales.
  • Develop presentations for new customers detailing how the bank can serve them.
  • Meet with customers to determine their financial needs.
  • Provide administrative and technical support for the cash management department.

Cash Management Specialist Job Listings

Search for more jobs:


Survey results show that Cash Management Specialists typically report just a few professional skills. Cash Handling and Microsoft Excel are considered valuable skills and can increase employee pay. Skills that seem to negatively impact pay include Microsoft Excel and Cash Handling.

Pay by Experience Level for Cash Management Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Relatively untried employees who have less than five years' experience make $39K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $51K. Cash Management Specialists see a median salary of $48K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Cash Management Specialist Salaries

Mid-Career
up arrow 18%

Experienced
up arrow 12%

Late-Career
up arrow 12%

National Average
$43,000

Entry-Level
up arrow 9%

Skills That Affect Cash Management Specialist Salaries

National Average
$43,000

Cash Handling
up arrow 6%

Microsoft Excel
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 34 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
5%
1-4 years
41%
5-9 years
21%
10-19 years
20%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 76%
vision benefits Vision: 60% employee benefits None: 16%
ADVERTISEMENT