Eric Steck Email & Phone Number

Maintain daily cash management functions during company’s bankruptcy proceedings and liquidation.• Determination of the corporate cash position for US and Canada.• Disbursement, concentration and reconciliation of corporate funds. • Reporting of cash journal entries for monthly accounting close.• Preparation and distribution of Treasury reports.

- Developed tools to support cash flow forecasting - Project manager for wire transfer redesign. Generated cost savings of over $100k annually. Presented results, reasons for redesign and lessons learned at the AFP Conference.- Managed Wire Transfer Unit for domestic and foreign transfers originating from multiple banks and accounts.- Authored policies and procedures on cash processing, collections and disbursements for electronic funds transfers, checks and cash, - Sarbanes… Show more - Developed tools to support cash flow forecasting - Project manager for wire transfer redesign. Generated cost savings of over $100k annually. Presented results, reasons for redesign and lessons learned at the AFP Conference.- Managed Wire Transfer Unit for domestic and foreign transfers originating from multiple banks and accounts.- Authored policies and procedures on cash processing, collections and disbursements for electronic funds transfers, checks and cash, - Sarbanes Oxley assertion- Participated in bank reviews of banks and played significant role in the selection, implementation and integration of new providers and services.- Managed bank fee compensation process. Created efficiencies and savings of $50k annually by outsourcing significant manual portions of the function.- Defined, prioritized and managed system projects with internal and external partners.- Administered Treasurer’s business continuation / disaster recovery planning. Show less

- Reviewed levels of capitalization and sources of funds for Prudential Securities Group and made recommendation to replace outside borrowings with internal sources which resulted in annual interest expense savings of $2.7 million.- Provided Senior Management with various financial analyses and presentations for meetings with the Department of Insurance and rating agencies. Frequently asked to validate information being provided in press releases. Assisted in the transition of these… Show more - Reviewed levels of capitalization and sources of funds for Prudential Securities Group and made recommendation to replace outside borrowings with internal sources which resulted in annual interest expense savings of $2.7 million.- Provided Senior Management with various financial analyses and presentations for meetings with the Department of Insurance and rating agencies. Frequently asked to validate information being provided in press releases. Assisted in the transition of these functions to the newly formed Investor Relations Unit and provided support to them until they were adequately staffed.- Performed quarterly and full year actual and forecasted leeway calculations that were used to evaluate the impact of various initiatives on the company’s capital.- Created a standardized reporting format and set of definitions for ratio analysis of peer companies and provided financial analysis of various competitors to CFO. Show less

Mba, Finance

Bachelors, Economics And Business