$45,935
Avg. Salary
$16.81
Avg. Hourly Rate

Average additional compensation:

$1,945

Bonus

$1,474

Profit Sharing

$300

Commission

What am I worth?
How should I pay?

The average pay for a Cash Management Specialist is $16.81 per hour.

The average pay for a Cash Management Specialist is $45,935 per year.

10%
$12.58
10%
$16.81
50%
$23.17
90%
90%
MEDIAN $16.81
10%
$34k
10%
$46k
50%
$64k
90%
90%
MEDIAN $45,935
$33,984 - $64,006
$34K
$46K
$64K
MEDIAN: $45,935
10%
50%
90%

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$12.58 - $23.17
$13
$17
$23
MEDIAN: $16.81
10%
50%
90%

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$0$64K
Salary $33,984 - $64,006
Bonus $509 - $5,819
Profit Sharing $488 - $7,500
Commission $300
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).
)
$28,453 - $57,636
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 139
Hourly Data $0$39
Hourly Rate $12.58 - $23.17
Overtime $15.63 - $39.51
Annual Data $0$57K
Bonus $509 - $5,819
Commission $300
Profit Sharing $488 - $7,500
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).
)
$28,453 - $57,636
  • Country: United States
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 150

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
  • 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

Pay by Experience Level for Cash Management Specialist

Pay by Experience for a Cash Management Specialist has a positive trend. An entry-level Cash Management Specialist with less than 5 years of experience can expect to earn an average total compensation of $39,000 based on 108 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Cash Management Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $44,000 based on 45 salaries. An experienced Cash Management Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $46,000 based on 32 salaries. A Cash Management Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $53,000 based on 12 salaries.

Cash Management Specialist Advice

Q: What is it like working as a Cash Management Specialist?

Cash Management Specialist in Rapid City:
"Confidentiality and Accuracy."
Follow all processes and procedures as they have been established for a reason based on the company's policies and history. Treat all business, personnel, and financial information confidentially. Be a contributing member of the work team, and be willing to pitch in to help your boss and others with their workload when necessary. Be able to work independently and accurately without constant oversight. Be willing to learn new areas of the business and cross-train in other functions.

Cash Management Specialist in Manchester:
"Don't get too comfortable."
Don't be afraid to take risks and step out of your comfort zone.

Related Job Salaries

Key Stats for Cash Management Specialist

Gender

Female
67 %
Male
33 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.
Less than 1 year
4%
1-4 years
47%
5-9 years
22%
10-19 years
19%
20 years or more
7%

Experience Affects Cash Management Specialist Salaries

Late-Career
▲28%

▲11%

Mid-Career
▲7%

National Average
$41,000

▼6%

Skills That Affect Cash Management Specialist Salaries

Electronic Banking
▲22%

National Average
$41,000


▼12%

Cash Flow Management
▼19%

Banking
▼29%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
4%
1-4 years
47%
5-9 years
22%
10-19 years
19%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 76%
vision benefits
Vision: 67%
no benefits
None: 15%