Overview:
The Retail Cash Associate is responsible for providing support in accounting and cash policies & procedures, analysis, and recommendations to assist the Retail Finance Team and Store Team and ensure operational efficiency at the store level.
Concentrates on a wide range of compliance regulation, technology launches, policy and procedures and operational administrative duties, to drive high performance, and serve as a business partner to the Store, Field and Corporate Offices. The Retail Cash Associate’s Customers include the Retail Finance Team, Store Teams and Corporate Business Partners.
Core Responsibilities:
Sales & Profitability
- Help drive store’s profitability by guiding team members to utilize company reports to react to trends and drive business.
- Own all cash and accounting processes at the store level and be a subject matter expert in all retail finance needs at the store level.
- Keep exceptionally organized and accurate retail financial records in accordance with cash and accounting Glass House Group processes.
- Assist the store by providing various reports in all budget and expense related items.
- Prioritizes and communicates department issues to the Retail Controller and General Manager.
- Support expense controls within the store to ensure they are met.
Cash Handling
- Administer cashiering tasks including all cash related opening/closing duties, assembling/verifying cash deposits, counting tills, tips, and ensuring that Store and Delivery Departments have adequate change on hand.
- Research and report discrepancies, before reconciling them.
- Scheduling change orders and replenishing Petty Cash as needed.
- Performs daily safe/vault cash audits and reconciliation.
- Recording information in relevant booking keeping ledgers including the TREEZ cash management module.
- Ensure all cash transaction support is reviewed and uploaded into shared drive daily.
- Perform other support tasks as required, including but not limited to, answering telephone calls, resolving irregular or difficult transactions, and supporting the Front of the House (FOH) as needed.
- Responsible for opening mail invoices & distributing to appropriate staff members as well as scanning accounts payable invoices to the Corporate Accounts Payable contact.
- Prepare cash drop paperwork to armoured car service as needed.
- Reconcile sales reports from prior evening shifts.
- Assist in providing data for auditors as needed.
- Prepares Vendor cash payments (COD and Terms) and enters the transaction into the Treez cash module. May schedule Vendor payment pick-ups as needed.
- Partners with Vendors to collect correct documentation (New Vendor Form, W-9 Form, etc.) and communicates with Vendors to resolve payment discrepancies.
- Enters Sales, Tax, and COGS data into Excel spreadsheet templates for the Accountancy Team.
- Scans and verifies Final Vendor Package (invoice, Treez PO, and manifest, and signed receipt) in the shared drive for each cash payment that is completed.
- Ensures Accounts Payable balances are correct in POS system and reports relating to this are accurate.