Cash Operations Specialist

JOB SUMMARY

The Cash Operations Specialist (Financial Assistant 2) serves as the primary financial administrator in the Office of the Bursar for University departmental deposits, responsible for daily reconciliation of incoming funds between the University’s bank accounts and the State and University general ledger systems. Also monitors departments’ compliance with State statutes for depositing and provides training assistance to University staff for depositing and cash handling. DUTIES AND RESPONSIBILITIES Include but are not limited to: Responsible for reconciling and recording all departmental receipts received in the University’s bank accounts with entries in the University and State accounting systems, ensuring accuracy, completeness and compliance with the University and State regulations. Requires complete understanding of the flow of funds throughout the University and to the State. Independently works with departments, the State Treasurer’s Office, and third-party vendors such as Global Payments and American Express to resolve any discrepancies. Verifies all cash, check, and credit card deposits comply with general State of Connecticut depositing statutes and have required supporting documentation. Independently researches and resolves any discrepancies. Creates and maintains accurate fiscal records for State deposit receipts on behalf of the University. Determines and initiates daily movement of funds between university bank accounts as well as daily transfers to the State Treasurer’s account. Records transfers within the University’s accounting system and provides supporting documentation. Identifies incoming wire transfers by communicating with University departments, students, and outside vendors. Responds to credit card chargebacks, working with the individual departments as needed to obtain proper documentation. Reconciles activity and remits payment for monthly credit card processor invoices. Assists with administration of prepaid card program, handling requests for new cards and replenishment of funding account. Aids and guides depositors regarding proper cash handling policies and procedures. Presents in-person or virtual trainings annually and as needed. Monitors Cash Operations' shared email and assists departments with general questions on depositing. Verifies all departmental deposits received by Cash Operations and completes daily end-of-day deposits in the University’s accounting system. Reviews all new and/or updated international vendor beneficiary accounts and outgoing Accounts Payable international wires in the wire payment platform for accuracy and completes the final step to initiate transfer of funds. Supports and acts as a backup for other Cash Operations employees as needed. Provides and compiles reports as requested.

MINIMUM QUALIFICATIONS

Bachelor’s degree in Business Administration or related field and two to three years of related professional experience OR equivalent combination of education and experience. Demonstrated excellent organizational skills and high level of attention to detail. Ability to independently process high volumes of transactions efficiently and accurately to meet regulatory compliance requirements. Ability to analytically research and resolve problems in a timely manner and independently. Excellent interpersonal skills with the ability to provide a high level of customer service and establish strong working relationships. Efficient in Microsoft Office products with advanced skills using Microsoft Excel.

PREFERRED QUALIFICATIONS

Bachelor’s degree in Business Administration or related field. Four to five years of related professional administrative experience. Previous experience in a university or college setting. Demonstrated knowledge of cash handling function. Experience with conducting presentations and trainings, in person or virtually. Knowledge of relevant Connecticut General Statutes and/or cash procedures in a higher education environment. Knowledge of Kuali Financial System, PeopleSoft Student Admin, CORE-CT, and/or CashPro.

APPOINTMENT TERMS

This is a full-time, permanent position. The University offers a competitive salary, and outstanding benefits, including employee and dependent tuition waivers at UConn, and a highly desirable work environment. For additional information regarding benefits, please visit UConn Health Benefits and explore the sections under the Benefits & Leaves and Engagement & Learning headers. Other rights, terms, and conditions of employment are contained in the collective bargaining agreement between the University of Connecticut and the University of Connecticut Professional Employees Association (UCPEA).

TERMS AND CONDITIONS OF EMPLOYMENT

Employment of the successful candidate is contingent upon the successful completion of a pre-employment criminal background check. This job posting is scheduled to be removed at 11:55 p.m. Eastern time on September 24, 2026. All employees are subject to adherence to the State Code of Ethics. All members of the University of Connecticut are expected to exhibit appreciation of, and contribute to, an inclusive, respectful, and diverse environment for the University community. The University of Connecticut aspires to create a community built on collaboration and belonging and has actively sought to create an inclusive culture within the workforce. The success of the University is dependent on the willingness of our diverse employee and student populations to share their rich perspectives and backgrounds in a respectful manner. This makes it essential for each member of our community to feel secure and welcomed and to thoroughly understand and believe that their ideas are respected by all. We strongly respect each individual employee’s unique experiences and perspectives and encourage all members of the community to do the same. All applicants will receive consideration for employment without regard to race, color, ethnicity, religion, age, sex, marital status, national origin, ancestry, sexual orientation, genetic information, physical or mental disabilities, veteran’s status, status as a victim of domestic violence and/or sexual assault and/or trafficking in persons as defined by Connecticut law, prior conviction of a crime, workplace hazards to the reproductive systems, or gender identity or expression. The University of Connecticut is an AA/EEO employer including for Disability and Veteran status. Advertised: Sep 03 2026 Eastern Daylight Time Applications close: Sep 24 2026 Eastern Daylight Time #J-18808-Ljbffr University of Connecticut