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Cash Operations Jobs in Newark, NJ (NOW HIRING)

About the Role The Cash Operations Associate is an essential team member supporting the Cash Operations and Accounts Receivable teams by reviewing daily payments and ensuring adherence to internal ...

About the Role The Cash Operations Associate is an essential team member supporting the Cash Operations and Accounts Receivable teams by reviewing daily payments and ensuring adherence to internal ...

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Cash Operations information

See Newark, NJ salary details

$10

$25

$51

How much do cash operations jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for cash operations in Newark, NJ is $25.26, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $28.89 per hour, depending on experience, location, and employer.

What is cash operations?

Cash Operations refers to the processes and activities involved in managing a company's cash flow, including the handling of incoming and outgoing funds, processing payments, cash reconciliation, and ensuring the accuracy and security of financial transactions. Professionals in Cash Operations often work within banks, financial institutions, or large corporations, ensuring that all cash-related transactions are efficiently processed and properly recorded. Their responsibilities may also include monitoring account balances, preparing reports, and collaborating with other departments to optimize cash management. This role is critical for maintaining liquidity and supporting overall financial stability.

What are the key skills and qualifications needed to thrive in cash operations, and why are they important?

To thrive in Cash Operations, you need a strong understanding of financial processes, attention to detail, and proficiency in reconciliation and cash management, often supported by a degree in finance or accounting. Familiarity with treasury management systems, Excel, and sometimes certifications like Certified Treasury Professional (CTP) are typically required. Strong analytical skills, integrity, and effective communication are essential soft skills for problem-solving and teamwork. These abilities ensure accurate cash flow management, risk mitigation, and efficient operations within financial institutions or corporate environments.

What are some common challenges faced in a cash operations role and how can they be addressed?

Professionals in Cash Operations often encounter challenges such as managing high transaction volumes with tight deadlines, ensuring accuracy in reconciliations, and adapting to evolving regulatory requirements. Attention to detail and strong organizational skills are critical to minimize errors and discrepancies. Building open communication channels within the team and collaborating closely with other departments, such as accounting and compliance, can help address these challenges effectively. Leveraging automation tools and staying updated on industry best practices also contribute to smoother daily operations.

What is the difference between Cash Operations vs Cash Management?

AspectCash OperationsCash Management
Primary FocusProcessing and handling daily cash transactions, ensuring accuracy in cash flowStrategic planning and oversight of cash resources to optimize liquidity
ResponsibilitiesCash reconciliation, deposit processing, cash handling proceduresCash forecasting, banking relationships, liquidity management
Work EnvironmentBank branches, finance departments, cash handling centersCorporate finance teams, treasury departments
CertificationsTypically none required, but certifications like Cash Handling or Treasury certifications can helpCertifications like Certified Treasury Professional (CTP) are common

Cash Operations focuses on the day-to-day processing of cash transactions, ensuring accuracy and security. Cash Management involves strategic oversight of cash flow, liquidity, and banking relationships. While both roles handle cash, Cash Operations is more transactional, whereas Cash Management is strategic and planning-oriented.

What are popular job titles related to Cash Operations jobs in Newark, NJ?

For Cash Operations jobs in Newark, NJ, the most frequently searched job titles are:

What job categories do people searching Cash Operations jobs in Newark, NJ look for?

The top searched job categories for Cash Operations jobs in Newark, NJ are:

What cities near Newark, NJ are hiring for Cash Operations jobs?

Cities near Newark, NJ with the most Cash Operations job openings:

Infographic showing various Cash Operations job openings in Newark, NJ as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 11% Part Time, 1% Temporary, 3% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $52,536 per year, or $25.3 per hour.

Director Pari-Mutuel and Cash Operations

New York Racing Association

New York, NY • On-site

Full-time

Posted 5 days ago


Job description

Director Pari-Mutuel and Cash Operations
Job no: 493430
Work type: Regular Full Time
Location: Belmont Park (Elmont), Saratoga Springs, Aqueduct (Ozone Park)
Categories: Administration, Pari-Mutuel
Title: Director Pari-Mutuel and Cash Operations
Employee Status: Regular Full Time
Work From Home Option: Not Applicable
FLSA Status: Exempt
Job Overview:
The Director of Pari-Mutuel & Cash Operations is responsible for overseeing all aspects of pari-mutuel wagering at Belmont Park and Saratoga Race Course. This role ensures the integrity, efficiency, and regulatory compliance of wagering systems and operations while working in close partnership with NYRA's tote provider. Additionally, this position oversees all aspects of NYRA's cash operations include money room oversight, ATM deployment and all other cash services.
The Director of Pari-Mutuel Operations manages a team of mutuels staff and supervisors to deliver an excellent customer experience and ensure that wagering at a NYRA facility is a positive experience for all participants. This position drives service excellence, maintains compliance with state regulations, manages tote system compliance, and implements strategies that enhance customer satisfaction and employee engagement.
Essential Functions:
  • Develops tactical and operational plans for the Pari-Mutuel Operations team and supports organizational objectives and business goals.
  • Oversees multiple supervisors and teams, ensuring smooth execution of wagering and cash services operations.
  • Manages budgeting, forecasting, and resource allocation to optimize financial and operational performance.
  • Leads process improvement initiatives to streamline operations, reduce costs, and enhance customer satisfaction.
  • Acts as a liaison between operational teams and senior leadership, providing insights and recommendations for strategic growth.
  • Ensures compliance with all licensing, regulatory, and risk management requirements related to wagering operations.
  • Responsible for managing operational aspects of their team (e.g., workflow, performance, and compliance), as well as ensuring the achievement of team goals within established timelines and budgets.

Operational Oversight
  • Direct daily mutuel and cash services operations across NYRA's tracks, including live race days and simulcast operations while interfacing with NYRA Bets' digital platforms, as needed.
  • Oversee mutuel clerks, money room and supervisory staff, ensuring efficient customer service and accuracy in all transactions.
  • Coordinate with NYRA's tote provider to ensure system reliability, integrity, and rapid resolution of technical issues.
  • Work closely with customer service, hospitality, and NYRA Bets teams to ensure wagering is seamlessly integrated into the broader guest experience.

Compliance & Integrity
  • Ensure strict adherence to New York State Gaming Commission regulations and internal protocols governing wagering activities.
  • Serve as NYRA's point of contact with the New York State Gaming Commission for mutuel-department related matters.
  • Ensure compliance with all applicable laws, rules, and regulations governing pari-mutuel wagering, tote systems, and settlement procedures.
  • Implement internal controls and auditing processes to safeguard wagering integrity and minimize operational risk.

Financial Management
  • Track handle performance across pools, tracks, and channels; analyze trends to identify opportunities for growth.
  • Oversee statistics related to daily mutuel pools and assist in reporting to state regulators and industry stakeholders, as required.
  • Develop and manage departmental budgets, staffing plans, and cost-control measures.

Customer Experience
  • Drive continuous improvement of the customer experience for on-track customers.
  • Support marketing initiatives aimed at increasing wagering participation and enhancing customer experience.
  • Leverage customer feedback and wagering data to inform product design and service enhancements.

Qualifications:
  • Bachelor's degree in Business, Finance, Sports Management, Animal Sciences, Equine Science and Management, or related field.
  • Minimum 5 years of experience in pari-mutuel operations or wagering systems, preferably in a racing or gaming environment.
  • Understanding of tote systems, wagering protocols, and regulatory frameworks.
  • Proven leadership and team management skills.
  • Strong analytical and communication abilities.

Preferred Skills:
  • Regulatory Compliance
  • Risk Analysis
  • Budgeting
  • Workflow Management
  • Customer Relationship Management
  • Internal Controls
  • Process Improvement

Summary of Physical Requirements and Work Environment:
This role is primarily sedentary and performed in an office or office-like environment with no special physical demands required. The position involves extended periods of sitting with intermittent standing and walking, as well as occasional bending, reaching, and other routine movements typical of a professional workplace.
The role requires regular hand manipulation, including daily typing and repetitive hand movements while working on a computer. Occasional light lifting (generally up to 10 lbs., and infrequently up to 30 lbs.) may be required.
The work environment does not typically expose the employee to hazardous conditions. There is minimal exposure to environmental hazards such as moving mechanical parts, fumes, extreme weather, or high-risk work areas. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the role.
Pay Range / Salary: $126,000.00 - $189,000.00
Advertised: 02 Sep 2026 Eastern Daylight Time
Applications close:
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