Dave Osborne Email and Phone Number

Here, I lead treasury operations, meticulously overseeing bank accounts and signatory databases for all American entities. My focus lies in streamlining financial processes and ensuring stringent compliance standards. Through my initiatives, I've successfully revamped cash management processes, significantly enhancing operational efficiency and slashing costs. The outcomes have translated into substantial cost savings and marked improvements in overall financial performance. I am passionate about driving impactful changes that contribute to the financial success of the organizations I serve.Key Accomplishments:• Optimized cash management functions and structures throughout the Americas region for heightened financial efficiency and control.• Deployed and maintained a payment factory for managing an annual volume of $250B for BMW entities with functional currencies in USD, CAD, and MXN.• Established strategic partnerships and improved financial services by driving banking RFPs in the Americas with a strong emphasis on cash management products and structures.

During this role, I successfully executed the rollout of a USD/CAD worldwide payment factory, empowering 80 global entities to effortlessly process payments in specified currencies, facilitating efficient cross-border financial transactions. Additionally, I provided leadership in directing a dedicated team responsible for the daily operations, administration, and maintenance of all bank accounts in North America. This oversight ensured optimal financial processes and compliance with industry standards. Furthermore, I managed all Treasury payments initiated by the Treasury Center for US and Canadian entities, ensuring precision and timeliness in financial transactions. My commitment lies in orchestrating seamless financial operations and driving strategic initiatives for organizational success.KEY ACCOMPLISHMENTS: • Generated rebates surpassing $15M to date by initiating P-Card AP payment channels in the US.• Enhanced liquidity and fortified the group's financial position in the country by establishing a Mexican cash pool for BMW Mexican entities.• Successfully consolidated multiple banks into a unified cash pool structure by negotiating banking Requests for Proposals (RFPs) for US and Canadian regions, resulting in annual savings exceeding $500K

Assistant Treasurer, BMW US Capital, New Jersey• Oversaw $7B Commercial Paper (CP) program, while managing seamless issuance and redemption processes to optimize short-term funding effectively.• Supervised 5B Euro Medium Term Note (EMTN) program for the USA region, streamlining access to international capital markets for efficient financial leverage.• Executed trades in Foreign Exchange (FX) and Interest Rate derivatives for strategically mitigating financial risks and optimizing hedging strategies across all US entities.Cash Manager, BMW US Capital, New Jersey• Revolutionized payment processes and elevated overall efficiency by developing a user-friendly interface to facilitate electronic payments for all US Dealers.• Enhanced payment processing and optimized cash flow management by implementing the Accounts Receivable Conversion (ARC) system within BMW retail lockboxes.• Provided real-time visibility into liquidity positions and fostered informed financial decision-making by executing the integration of the Chase Insight system, incorporating BAI information from local banks.Treasury Analyst, BMW US Capital, New Jersey • Oversaw daily cash positioning for BMW of North America, ensuring optimal allocation of funds for operational needs.• Evaluated daily cash positions to issue Commercial Paper (CP) for effectively managing short-term funding requirements. • Executed Foreign Exchange and interest derivatives by contributing to risk mitigation and refining hedging strategies.Various Financial & Operational Analyst Roles, BMW US Capital, New Jersey• Conducted in-depth financial analysis by offering insights on key performance indicators crucial for decision-making.• Contributed to the development and monitoring of budgets in line with financial objectives and targets.• Prepared and presented financial reports to management for effective communication and informed planning.