Carol Hackney Email & Phone Number

Clearwater, Florida

• TREASURY DIRECTOR, U.S. AND INTERNATIONAL OPERATIONS, RISK MANAGEMENT (2002 to 2012)Positioned into an expanded role following an acquisition of a $400M international company. Commanded a dynamic team of 5 direct.
• Realized a 60% reduction in counterparty settlement risk for foreign currency hedge contracts during the financial crisis by implementing a continuous linked settlement system for North America and Europe.
• Established and implemented foreign exchange trading and risk management systems and procedures; cut annual costs ~$250K.
• Improved efficiencies and led a 20% workload reduction by selecting and implementing a treasury workstation leading to an elimination of numerous spreadsheets for both treasury and accounting departments.TREASURY.
• Designed and rolled-out Electronic invoice and payment system, generating $50M collections per month. New method successfully eliminated redundancy and realized a 20% reduction in manual labor.
• Developed and implemented corporate investment policy for both the domestic and international operations, ensuring compliance with financial covenants and risk profile.

Clearwater, Florida

• Drove all aspects of treasury operations spanning cash management, daily liquidity and forecasting, investments and debt, bank relationships and merchant card administration. Monitored bank debt covenant compliance as.
• Scaled back $250K in annual bank fees and interest costs by implementing new lock-box network and negotiating new beneficial fee structure for all bank services.
• Created and implemented the disaster recovery program for the treasury department.
• Reduced insurance settlement disputes by developing reporting tools to ensure claims were completed accurately and on a timely basis.

Clearwater, Florida

• Prepared the company’s annual and quarterly operating plan, established the daily cash position and managed the company’s fixed asset system.
• Improved the fixed asset tracking system by selecting and implementing a new fixed asset system with bar code capabilities.
• Established and implemented the company’s first direct debit ACH payment program; reduced COD sales ~40%

Charlotte, North Carolina Area

Accounting Manager (1990 to 1993)Directed all aspects of the financial reporting for the company, which included the selection and implementation of a new general ledger system and the consolidation of financial reports for four subsidiaries. Lead the initiative to move cash management responsibilities from the corporate office to Verbatim, developed.

Bachelor Of Science In Business Administration, Marketing/Marketing Management, General

Bachelor Of Science (Bs), Accounting