Cash Handling Specialist

Cash Handling Specialist

Location: Boston, MA 02210 Duration: 12 Months

Top 5 hard skills: Analysis, Bookkeeping, Use of Microsoft Suite

• Top 5 soft skills: Attention to detail, communication, time management, willingness to learn, effective collaboration
• Team size: Depends on assigned unit, team sizes of 1 through 8

Key aspects of the role:

• Acquires job knowledge to pay and receive currency/coin to depository institutions, and/or operate high-speed currency equipment, while achieving challenging production standards and complying with stringent procedures, controls and attendance requirements
• Balances deposits and processes financial accounting transactions/entries to depository institutions using accounting operating systems and Cash Services unique inventory and processing applications
• Navigates complex inventory tracking within said systems to record inventory and transfers among internal valuables handling teams and external customers, account for differences and other pertinent data elements
• Responsible for ensuring the accuracy of the physical counts as well as automated accounting and transfer records
• Complies with stringent documentation requirements
• Obtains counterfeit certification to successfully detect counterfeits and altered notes through manual inspection
• Required to maintain counterfeit certification through semi-annual, or more frequent, testing

Day-to-day Expectations:

Report to work on time, be professional, open to work in a team environment, and perform key aspects of role.

Job Summary:

• This position includes the receipt, processing, validation, destruction and payout of currency, and receipt and
• payout of coin, in a highly controlled, regulated and secure environment. Strict adherence to a set of defined
• rules and regulations, including those outlined in the Treasury Currency Operations Manual (TCOM), Custody
• Control Principles and Standards (CCPS), and internal District Cash Procedures, is required.

Responsibilities:

• Acquires job knowledge to pay and receive currency/coin to depository institutions, and/or operate highspeed currency equipment, while achieving challenging production standards and complying with stringent procedures, controls and attendance requirements.
• Balances deposits and processes financial accounting transactions/entries to depository institutions using accounting operating systems and Cash Services unique inventory and processing applications. Navigates complex inventory tracking within said systems to record inventory and transfers among internal valuables
• handling teams and external customers, account for differences and other pertinent data elements.
• Responsible for ensuring the accuracy of the physical counts as well as automated accounting and transfer records. Complies with stringent documentation requirements.
• Obtains counterfeit certification and is able to detect counterfeits and altered notes through manual inspection. Required to maintain certification through at least, semi-annual testing.
• Transfers and stores significant values and quantities of currency and coin using material handling equipment, and maintains custody and accountability throughout completion of these processes. Receives training and certification to operate material handling equipment as required by OSHA.
• Demonstrates ability to operate in a confined team environment with high results orientation; displays effective interpersonal skills
• Identifies and alerts management team to control and procedure exceptions and equipment problems
• Demonstrates the ability to correct routine mechanical issues with currency verification machines

Other Accountabilities: Perform other duties as assigned. Supervision: This position is not required to supervise others.

Knowledge and Experience:

• Knowledge normally acquired through the completion of associate degree and/or a minimum of 1-3 related work experience
• Must be able to push equipment weighing 800 pounds, and up to 40 - 60 pounds repeatedly as well as have the ability to stand for extended periods of time
• Math, Balancing, Accounting and MS Office proficiency
• Basic 10-key skills preferred