Cash Management Specialist Salary

For Cash Management Specialists, annual average wages total $45K per year. Lower pay rates hover around $27K, and the higher rates verge on $57K per year. Geography and career length each impact pay for this group, with the former having the largest influence. A fair number report receiving medical coverage from their employers and a strong majority collect dental insurance. Men are in the minority of survey respondents, with female Cash Management Specialists making up 76 percent. For the most part, Cash Management Specialists enjoy their work and report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$33,822 - $60,018
$34K
$45K
$60K
MEDIAN: $44,619
10%
50%
90%

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$11.90 - $22.39
$12
$16
$22
MEDIAN: $16.36
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$21K$42K$63K
Salary
$33,822 - $60,018  
   
Bonus
$515 - $6,061  
Profit Sharing
$1,750  
Commission
$0.00  
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).
)
$27,440 - $56,917  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 92
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$11.90 - $22.39  
   
Overtime
$17.25 - $34.91  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$515 - $6,061  
   
Commission
$0.00  
Profit Sharing
$1,750  
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).
)
$27,440 - $56,917  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 89

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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.

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Cash Management Specialist Tasks

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

Cash Management Specialist Job Listings

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Pay by Experience Level for Cash Management Specialist

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


For Cash Management Specialists, more experience in the field does not usually mean bigger paychecks. Survey participants with less than five years' experience pocket $39K on average, but those with five to 10 years of experience enjoy a much bigger median of $44K. Cash Management Specialists claiming one to two decades of experience make an estimated median of $45K. After two decades in the workforce, the average Cash Management Specialist generally earns more than ever; median pay for this group is estimated at $48K.

Related Job Salaries

Key Stats for Cash Management Specialist

Gender

Female
76 %
Male
24 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.
Less than 1 year
5%
1-4 years
48%
5-9 years
19%
10-19 years
19%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Cash Management Specialist Salaries

Late-Career
▲17%

Experienced
▲10%

Mid-Career
▲7%

National Average
$41,000

Entry-Level
▼4%

Skills That Affect Cash Management Specialist Salaries

Electronic Banking
▲26%

Banking
▲24%

National Average
$41,000


▼13%

Cash Flow Management
▼19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
5%
1-4 years
48%
5-9 years
19%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 71%
vision benefits
Vision: 62%
dental benefits
None: 19%
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