Job Title

Disbursement Manager

Job Description Summary

Disbursement Manager will direct and oversee all aspects of the Disbursement team including monitoring and improving Disbursement team functions to process all payable/transfer requests, special handling, mail room functions, lockboxes, deposits and all reporting tasks.

Ensure the protection and control of both the company’s and client’s assets by implementing and enforcing procedures that include quality control checks for all disbursement activities.

Maintain working knowledge of software products available to perform those services as well as keep up with current developments or enhancements to those products.
Provide direction and leadership to ensure a smooth setup for all new accounts or transferred accounts.

Lead and Manage the members of the disbursement team, including Disbursement Lead, Sr. Disbursement Coordinators and Disbursement Coordinators.
Meet all deadlines while maintaining quality control and reporting requirements.

Job Description

Key Responsibilities:

• Evaluates properties and processing requests and delegates workflow responsibilities to Disbursement staff.  Includes monitoring the performance of disbursement staff, ensuring that all deadlines, special handling, or other requests are met along with compliance to all current policies and procedures.  Performing or delegating the final review and approval of all disbursement tasks including quality control monitoring.

• Collaborate with Accounting staff to define the scope of services needed, promote relationships between departments, and understand current needs and how to utilize best practices to solve for those needs.

• Authorized to sign on client bank accounts.   Includes physical check signing, approving wires, and other bank signer requirements as needed by client banks.

• Develops training programs for new and existing disbursement personnel and for Client Accountants, working directly with the Business Solutions training team.

• Directs team in setting and reaching individual and team goals, performs annual reviews and evaluations of all team members.   Takes care of all disciplinary actions.

• Ensures the team has staffing, equipment and tools in place to accomplish all required tasks.

• Develop and manage relationships with 3rd party vendors for inventory and maintenance needs.

• Develop and maintain detailed reports on team output and accomplishments.

• Perform special projects and assignments as required

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 53,975.00 - $63,500.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [email protected]. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”