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Cash Operations Associate Jobs in Indiana (NOW HIRING)

Maintains accounting of branch petty cash. * May review branch invoices and operating statements ... Reviews daily work of operations associates. * Evaluates workload and responsibilities of support ...

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Cash Operations Associate information

See Indiana salary details

$10

$24

$50

How much do cash operations associate jobs pay per hour?

As of Aug 31, 2026, the average hourly pay for cash operations associate in Indiana is $24.97, according to ZipRecruiter salary data. Most workers in this role earn between $16.92 and $28.80 per hour, depending on experience, location, and employer.

What is a cash operations associate?

Cash Operations Associates are financial professionals responsible for managing and processing cash transactions within an organization, such as deposits, withdrawals, and reconciliations. They ensure the accurate and timely recording of cash movements and help maintain the integrity of financial records. Their duties often include monitoring cash flows, resolving discrepancies, and supporting other finance or treasury functions. Strong attention to detail, organizational skills, and familiarity with financial systems are essential for this role.

What are the key skills and qualifications needed to thrive as a cash operations associate?

To thrive as a Cash Operations Associate, you need strong analytical skills, attention to detail, and a background in finance, accounting, or business administration. Familiarity with banking software, reconciliation tools, and Microsoft Excel is typically required, and some employers may prefer candidates with certifications like the Certified Treasury Professional (CTP). Exceptional organizational skills, problem-solving abilities, and effective communication set top performers apart in this role. These skills are crucial for ensuring accurate financial transactions, minimizing errors, and supporting the smooth operation of cash management processes.

What are some typical challenges cash operations associates face when reconciling transactions, and how can these be managed effectively?

Cash Operations Associates often encounter challenges such as transaction discrepancies, tight deadlines for end-of-day balancing, and handling high transaction volumes. Effective management involves maintaining strong attention to detail, using reconciliation software efficiently, and collaborating closely with team members in accounting and treasury. Promptly investigating discrepancies and following standardized escalation procedures can help minimize errors and ensure timely resolution. Regular communication with other departments is also key to resolving issues quickly and maintaining smooth cash flow operations.

What is the difference between Cash Operations Associate vs Cash Management Specialist?

AspectCash Operations AssociateCash Management Specialist
CredentialsTypically requires a high school diploma or associate degree; certifications like cash handling or banking certifications are a plusOften requires a bachelor's degree in finance, accounting, or related field; certifications such as CAMS or CTP may be preferred
Work EnvironmentBank branches, retail locations, or corporate cash handling departmentsCorporate finance departments, banking institutions, or treasury teams
Employer & Industry UsageFinancial institutions, retail companies, and cash-intensive businessesBanking, corporate finance, and treasury management sectors

The main difference is that a Cash Operations Associate focuses on daily cash handling, processing transactions, and ensuring accuracy at the operational level. In contrast, a Cash Management Specialist handles broader cash flow strategies, forecasting, and optimizing cash resources within an organization.

What are the most commonly searched types of Cash Operations jobs in Indiana?

The most popular types of Cash Operations jobs in Indiana are:

What are popular job titles related to Cash Operations Associate jobs in Indiana?

For Cash Operations Associate jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Cash Operations Associate jobs in Indiana look for?

The top searched job categories for Cash Operations Associate jobs in Indiana are:

What cities in Indiana are hiring for Cash Operations Associate jobs?

Cities in Indiana with the most Cash Operations Associate job openings:

Infographic showing various Cash Operations Associate job openings in Indiana as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $51,944 per year, or $25 per hour.

Operations Associate - Reams Asset Management

Indianapolis, IN โ€ข Hybrid

Raymondjames
10K+ employees

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago


Job description

Job Description Summary

Reams Asset Management ("Reams"), an affiliate of Raymond James Investment Management, is a fixed income investment management firm located in downtown Indianapolis, Indiana. Since its establishment in 1981, Reams has grown to manage over $23 billion in a variety of fixed income strategies for a diverse group of institutional clients, including Fortune 500 corporations, large public pension funds, Taft-Hartley plans, health care organizations, and a variety of universities, foundations and endowments. Reams employs 40 individuals with a mission to provide the highest quality investment management expertise and unmatched client service in all product areas over the long-term.
We currently have an opportunity in our Investment Operations Department for an Analyst who will be responsible for processing account transactions and reconciliations, generating reports, and acting as liaison for internal and external contacts. This position will also support day-to-day resolution of complex problems and be involved in process improvement projects. Additional responsibilities and projects will be assigned commensurate with demonstrated competency of previous assignments.

Job Description

Responsibilities:

Supports day-to-day resolution of complex investment accounting problems and transaction processing and is responsible for the client portfolio reconciliation processes.

  • Processes and reviews account transactions, ensuring accuracy and timely settlement.
  • Performs cash, position, and portfolio reconciliations and investigates discrepancies.
  • Prepares and posts journal entries and adjustments as required.
  • Researches and resolves transactions, reconciliation, and accounting-related exceptions.
  • Collaborates with custodians, brokers, and internal teams to resolve operational issues.
  • Identifies process improvement opportunities and recommends solutions to enhance efficiency and controls.
  • Balances competing priorities and meets established deadlines.
  • Performs other duties and responsibilities as assigned.

Knowledge of:

  • Demonstrate a satisfactory level of technical and professional skills or knowledge in position-related areas; remains current with developments and trends in areas of expertise.

Skills in:

  • Portfolio accounting systems and databases.
  • Strong Excel skills.
  • Communicating effectively in both oral and written communications.
  • Demonstrating uncompromising adherence to ethical principles.
  • Preparing analyses and information reports for management.

Abilities to:

  • Analyze problems and develop creative solutions.
  • Handle stressful situations and provide a high level of customer service in a calm and professional manner.
  • Provide efficient service to internal and external clients.
  • Partner and collaborate and work in a team environment.
  • Foster a cooperative work environment and partner with other functional areas to accomplish objectives.
  • Attend to detail while maintaining a big picture orientation.

Education/Required Experience:

  • Bachelor's degree in Accounting, Finance, or related degree or two (2) years of relevant experience.
  • Possess strong analytical skills
  • Be able to multi-task
  • Be self-motivated, have natural curiosity
  • Work well in team environment
  • Exhibit excellent interpersonal skills
  • Involvement in process improvement projects

Preferences

  • Experience with fixed income securities
  • Experience with custodian platforms
  • Familiarity with derivative securities
  • Familiarity with non-USD securities
  • Familiarity with SWIFT

Education

Bachelor's: Accounting, Bachelor's: Business Administration, Bachelor's: Finance

Work Experience

General Experience - 13 months to 3 years

Certifications

Travel

Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm

At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

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