By Jane Smith Updated June 27, 2018
When a company has you handling money, you have proven your trustworthiness. Future employers know that they can count on your honesty and discretion. You need more than simple bookkeeping skills to handle cash, checks, money orders and gift cards. Having more cash than receipts can be worse than having missing cash. Cashiers match the forms of payment with the day's receipts.
Bookkeeping Versus Accounting
As a bookkeeper, you processed invoices, receipts and payments. You may have also managed payroll, accounts receivable and accounts payable.
If you wish to switch to accounting, you must demonstrate your analytical and predictive abilities. Discuss how your financial reports made sales predictions more accurate. Highlight the thought process you used to design and implement a streamlined payment processing system.
Grant Writing
Grant writers must be persuasive. Without them, many nonprofit organizations would not exist. In-kind donations such as volunteer time, office supplies, meeting space and mailroom supplies help the organization carry out day-to-day tasks. But it takes money to keep the doors open, pay essential staff and keep the phone lines working. That is when the grant writer saves the day.
Grant writers must be able to estimate projected revenue from incoming donations, tally expenses and keep them separate from functions not related to the grant. Grant writers also keep track of reporting dates, compliance issues and responsible investments of cash and other financial instruments.
Buyers
Restaurants, coffee shops, department stores and small businesses often operate on thin margins. Buyers must have excellent basic arithmetic and negotiating skills. Their analytical abilities must also be on point.
Buyers must do more than just get the best price. Buyers must also calculate delivery costs, quality of workmanship and enough production capacity to meet expected demand.
Provide sales data showing that your decision to work with a buyer whose bottom-line price was 10-percent higher than another vendor doubled company profits. Demonstrate that delivery times averaged three days faster with Vendor A than with Vendor B.
Warning
The job market for buyers will decline through 2026 due to automation and outsourcing.
Tip
The Bureau of Labor Statistics predicts a need for 1 million financial specialists.
What Employers Want to Hear About Money Handling
- Be specific. State how often you handled money, what amounts you handled and how you accounted for any shortages.
- State whether errors occurred and how you reported them.
- State costs or savings resulting from your actions.
- Describe error prevention strategies you might use.
- Provide dates of the events.
- Provide the duration and frequency of your money-handling responsibilities.
Examples
Cashiering: Although I have never held the official job title, I was frequently called upon to take over cash registers during busy times so that our cashiers could take their breaks. I never had an error report in five years.
Company Credit: I reconciled the company credit card statement with the receipts from the party supply company, restaurants, gas stations and auto repair shops we patronized each month. I was also responsible for the company in-store credit line when I purchased all the lottery tickets and store gift cards that we gave away as daily bonuses.
Company Errands: Whenever we had company parties, I was appointed to pick up our catering orders and party supplies, pay for everything with the company credit card and return with the receipts. I also fueled the company vans twice a week and kept the mileage and maintenance logs.
Grant Writing: I managed a community block grant for three years. We had only two minor compliance issues during my tenure. Remedial- action plans were created to prevent future problems with grant administration.
Petty Cash: I kept a running balance of the petty cash received at the beginning of each pay period, and checked the receipts as employees returned them. I had only one error in three years.
Purchasing: I was responsible for ordering, receiving and stocking $20,000 worth of merchandise, office supplies, break-room supplies and equipment every two weeks. I had no overstocks or shortages in four years.
FAQs
Instead of using "Responsible For," job seekers can use synonyms such as "Controlled," "Allocated," or "Monitored" to convey their role in managing budgets. These alternatives highlight their ability to effectively manage financial resources, track expenses, and make informed decisions to optimize budget utilization.
How do you say you handled money on a resume? ›
Examples of how to write this skill on your resume:
Proficient in operating cash registers, processing payments, and handling cash, with zero discrepancies or errors. Proven ability to manage customer complaints and resolve issues effectively, resulting in a 90% satisfaction rate.
How do you say you are responsible for something on a resume? ›
A great replacement for 'Responsible' on a resume could be 'Managed' or 'Oversaw'. These words demonstrate leadership and initiative. For example, instead of saying "Responsible for leading a team of five salespeople", you could say "Managed a high-performing team of five salespeople".
How do you say responsible for money on a resume? ›
Instead of using "Responsible For," job seekers can use synonyms such as "Controlled," "Allocated," or "Monitored" to convey their role in managing budgets. These alternatives highlight their ability to effectively manage financial resources, track expenses, and make informed decisions to optimize budget utilization.
How do I describe my responsibility on a resume? ›
Describe your responsibilities in concise statements led by strong verbs. Focus on those skills and strengths that you possess and that you have identified as being important to your field. Try to incorporate industry-specific key words.
How do you professionally say this is your responsibility? ›
Be polite but firm: Assert your stance with politeness. Use 'I' statements to keep the focus on your responsibilities. Avoid blame and focus on solutions: “It seems like this task is best suited for someone with expertise in X area; let's find the right person to ensure it's handled properly.”
What is a strong action word for contribute? ›
Instead of using "Contribute," job seekers can use synonyms like "Achieved," "Delivered," or "Generated" to emphasize their ability to drive results. These alternatives highlight their accomplishments, quantifiable achievements, and the impact they have made in their previous roles.
How do you write money on a resume? ›
Show numbers in context so recruiters can see the impact you made. You could say that you increased sales from $2 million to $5 million in a one-year period. Or, for another example, you could say during a hiring freeze and budget restrictions, you managed to increase productivity by 15%, saving an additional $20,000.
What is an example sentence for raising money? ›
The event will raise money for the charity. There were also investor concerns its financial position was becoming increasingly precarious the longer it waited to raise money. I want to raise money for the local hospice.
How do you list funding on a resume? ›
Grants or Funding: Include the name of the grant and the period for which it was awarded. Publications: For this section list any of your publications the same way that you would cite them, regardless of what number author you were. Underline or bold your name so it stands out as part of the list of authors.
Personal money management skills include budgeting, wise use of credit, managing debt, banking, and planning for the future. Learning to manage money well can increase your financial power by making your money work harder for you.
How do you say you managed a budget on a resume sample? ›
Managed company wide financial budget. Provided support and guidance to the General Managers on maintaining and analyzing their budget as well as ensuring they remain within constraints. Compiled data for next fiscal year's budgets. Compiled data as well as maintained and distributed company financial statements.
What is the job description of a cash handler? ›
Cash handlers work for a variety of organizations, and they're typically responsible for operating the cash register and managing transactions. A few examples of cash handler positions include bank teller , cashier and stadium vendor.
How do you describe your cash handling experience? ›
Highlight specific responsibilities, such as managing cash registers, balancing daily cash flows, and ensuring compliance with accounting protocols. Emphasize attention to detail in counting and verifying cash, as well as proficiency in using cash management software or tools.
What is a word for handling money? ›
money management (noun as in finance)
How do you say you took payments on a resume? ›
Work experience
Maintained cash logs, produced detailed reports, and processed all payments. Stayed up-to-date with current laws and regulations and scanned bank deposit checks.
What is the job name for money handling? ›
As a cash posting specialist, you may work in financial services firms or accounting departments in a variety of industries, including health care. Your primary responsibilities are to receive and post payments on accounts, process refunds, make adjustments to customer invoices, and manage accounts.
