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STRS Ohio, STRS The State Teachers Retirement System of Ohio (STRS Ohio) is seeking a Cash Processing Specialist or Cash Processing Coordinator to join its Finance, Cash Processing Team. Established in 1920 and serving Ohio's educators, STRS Ohio is one of the nation's premier retirement systems, serving over 500,000 active, inactive, and retired public-school teachers, and university faculty members, managing approximately $95.3 billion as of June 30, 2024, in assets and paying more than $7 billion in benefits annually. STRS Ohio provides a competitive pay, and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center. At STRS Ohio, you can experience rewarding work in a professional, business casual work environment. We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team. Compensation: Grade 5N: $22.16-$24.38/ hr. Grade 6N: $25.05-$27.55/ hr. Work Schedule: 8:00am-5:00pm Monday through Friday, with up to two days per week remote work opportunities. General Summary Grades 5 or 6: Under the direction of the supervisor, Tax and Cash Processing, perform duties associated with processing cash receipts and disbursements in a team-oriented environmentAssignments will be on a rotating basis to provide strong cross training for associate development and premier customer service to our membership through the service coordinated with teams throughout State Teachers Retirement System of Ohio (STRS Ohio). Summary of Responsibilities Grades 5 or 6: Coordinate the accurate processing of cash receipts; verify accuracy of receipts and resolve discrepancies; post receipts to proper accounts; reconcile total deposits to posted amounts. This includes and is not limited to the following: Process cash receipts (lockbox and automated clearing house (ACH)/wire), Electronic Funds Transfer Returns (EFT) Initiate electronic direct debit files for bank transmissions. Organize incoming checks and process the deposit through the bank scanning system. Process monthly foundation batches. Resolve any reconciliation discrepancies with Finance and Member Benefit associates. Provide supporting information regarding unapplied cash receipts to appropriate associates. This includes and is not limited to the following: Purchase service credit: lump sum, rollover and installment payment plans Weekly employer billings Joint cash receipts/receivables Inter-department workflows for NSF returned checks, joint retirement and purchase service credit transactions. Coordinate with the State of Ohio Treasurer's office and the manager, Accounting and Financial Reporting, the initiation of electronic bank transmissions for daily electronic funds disbursements to members, vendors and STRS Ohio associates. (Grade 5) Coordinate with the State of Ohio Treasurer's office and the manager, Accounting and Financial Reporting the initiation of electronic bank transmissions for daily electronic funds disbursements to members, vendors and STRS Ohio associates. (Grade 5) Coordinate with the supervisor, Tax and Cash Processing to accurately calculate and remit taxes to the Internal Revenue Service, Ohio Department of Taxation and all other taxing authorities within required deadlines. Maintain the daily tax withholding, liability and payment system to accurately reflect tax withholding records. (Grade 6) Process outgoing bill payments and disbursements through coordination with multiple software applications. (Grade 5) Complete daily balancing of the Cafe sales with a pre-approved STRS Ohio facility team member and audit of the petty cash account with the manager, Acco