Cash Management Associate

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 15,000 people globally.

Primary Responsibilities/Essential Functions

• Banking/Online Banking
• Daily reconciliation of bank accounts between general ledger and bank statements
• Analyze daily cash activity to determine funding requirements for the Corporate office
• Correspond with corporate treasury department to ensure funding levels are met
• Enter/process ACH and Wire Transfers
• Responsible for the setup of new ACH customer files
• Accounts Payable Payments
• Process and print payment batches for commodity settlements and other expenses
• Confirm that proper payment support is sent to the counterparty
• Provide support to ensure checks are mailed
• Initiates stop payment requests for checks
• Upload daily payment batch files to online banking system
• Research status of AP transactions as requested and provide timely responses
• Accounts Receivable
• Process daily lockbox activity via online banking including:
  • Applying customer cash receipts to open invoices
  • Resolve discrepancies and past due balances
  • Manages AR prepay balances
• Complete online bank deposits
• Research status of AR transactions as requested and provide timely responses
• Maintain physical and electronic files for open and historical AP/AR documentation, and other banking duties as assigned
• Complete monthly AP balance sheet reconciliations.
• Support the year-end and mid-year audits performed by external auditors by gathering and preparing supporting documents and schedules per their information requests.

Education/Professional Certifications/Licenses

The following are the basic qualifications: 

• High school diploma
• Without having two years’ work experience in accounts payable or banking, some college coursework in accounting is also required

The following is the preferred qualification:

• Associate’s degree (or higher). 

Experience

The following is the basic qualification: 

• Without having completed some college coursework in accounting, two years’ work experience administering cash management functions in a corporate finance or treasury department or in banking operations, including responsibility for posting cash receipts and reconciliation of accounts

The following is the preferred qualification: 

• Two years’ work experience in accounting or banking

Knowledge/Skills/Abilities (including any physical demands)

The following are the basic qualifications:

• Knowledge of general ledger accounting practices
• Strong practical accounting/banking skills
• Ability to prioritize multiple tasks and meet strict daily deadlines
• Proficiency with spreadsheet and word-processing software, (e.g., Excel and MS Word)

The following are the preferred qualifications: 

• Strong verbal, written, and documentation skills
• Strong detail-oriented, analytical and organizational skills
• Ability to perform critical self-reviews of work product to mitigate potential errors
• Ability to work independently and propose solutions

Equipment Used

Typical office equipment: PC, telephone, copier, fax machine, scanner, calculator.

Working Conditions

Typical climate-controlled office environment.  Extensions of regular working hour are occasionally necessary to complete time-sensitive projects, attend training or to respond to emergencies.

Employee Supervision

      No supervisory responsibilities.

Decision Making/Accountability

Applies knowledge of accounting and banking to analyze routine accounts, determines whether to make adjustments, identifies sources of discrepancies, prioritizes personal workload each day to ensure meeting of deadlines, makes recommendations based on analysis and consults with supervisor regarding complex issues.

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

- Comprehensive benefits program including medical, dental and vision care coverage, flexible spending account plans, employee assistance program, life insurance and disability coverage
- 401k with Company Match
- Family Friendly Benefits including childbirth and parental leave, fertility and family building benefits
- Paid Time Off (PTO) and Paid Holidays
- Hybrid work available (not applicable to all roles)

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Equal employment opportunity (EEO)

Louis Dreyfus Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.”

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us