Prashant Mehta, Cfa Email & Phone Number

Sarasota, Fl, Us

Sarasota, Florida Area

Primary leader for establishing and spearheading a fully functional and best in class Treasury organization at IPG; recruited in 2015 to startup an independent department and consolidate various functions under Treasury umbrellaResponsible for Cash and Liquidity Management, Capital Structure and Funding Strategy, Financial Risk Management, Bank Relationships, Insurance, Investment Management and Shared Services across multiple geographical locationsSpearheaded $600 million credit facility, multiple public debt offerings and early call options, and various international credit facilities with non-intrusive covenants to meet liquidity needs across organization; convinced Board of Directors and Senior Management to adopt a capital structure comprised of unsecured and secured debt to provide critical flexibility during market downturnsChampioned automation of cash handling activities in multiple operational areas including Procure to Pay, Order to Cash, and Deductions ManagementTook control of insurance function and implemented critical changes in insurance providers and broker relationships to achieve $200,000 in upfront savings annually; implemented new insurance coverage for Environmental and Cyber risks ; spearheaded negotiations and settlements for complex insurance claims for Property, Workers Compensation, Reps & Warranty, Directors & Officers, and Employment Practices including a $30 million settlement for property insurance; drove operational and safety improvements across organization to minimize cost of insuranceDrove Treasury related M&A due diligence for 10 completed mergers since 2015; ensured availability of sufficient funding before and after transaction; spearheaded creation of a Treasury Integration Road Map as a standardized framework to integrate acquired companiesLaunched a formal Financial Risk Management Committee to manage market risks; Published Financial Risk Management Policy and established cadence for periodic meetings

Charlottesville, Virginia, United States

Florida, United States

Mentored 3 individuals through Everwise's mentorship program; provided feedback on effective communication, working with employees and management, ensuring self well-being while being an effective leader for their respective organization

Greater St. Louis Area

Spearheaded delivery of $5+ billion in annual operating cash flow for ABI's North America operations; Influenced key business owners to have additional focus on generating free cash flow; Identified and propelled opportunities for process improvements that lowered dispersion in direct and indirect cash flow forecasts; Collaborated with Tax on capital structure projects to minimize cash taxes; Structured and implemented KPI dashboards to enhance visibility for key business drivers affecting Cash Flow and Working Capital; Key mandate was to be best in class in Cash Flow and Working Capital management within CompanyChampioned two Six Sigma belt projects during 2013 and 2014 and improved core working capital by $125 million by analyzing 1 million lines of payables data; Became a cash flow evangelist, drove key initiatives across organization, and created robust measurement tools to sustain improvements ; Achieved Six Sigma Green Belt and Black Belt Certifications; Recognized as 2013 Best Finance Belt amongst six worldwide zones across companyChampioned a Liability Driven Investment strategy to manage investment risk arising from duration and longevity for $3+ billion portfolio of pension plan assets across 5 different Defined Benefit plans; Liaised with plan actuaries and collaborated on funding strategy to optimize cash flow for all plans; Educated plan trustees and committees on investment fundamentals including benefits of passive investing strategies and using plan liabilities as benchmark for setting long term investment targets for $6.0 billion portfolio of Defined Benefit an Defined Contribution plansOrchestrated $130 million in Employer Real Estate contributions to defined benefit plans to minimize Operational Cash outflows

Greater St. Louis Area

Promoted to command a $1 Billion foreign exchange hedging program, international treasury operations and oversight of credit risk management; Successfully structured derivative strategies for hedging Cash Flow, Fair Value and Net Investment exposuresInstrumental in developing hedge accounting documentation, and effectiveness assessment & measurement for various hedging programs across Company; Championed and successfully implemented Reval hedge accounting system for Anheuser-Busch’s Commodity and FX exposures; Developed and managed international banking and trading relationships; Consulted with international subsidiaries and recommended / implemented controlled disbursement, lockbox arrangements and cash management tools; Minimized fraud risk for banking transfer systems by spearheading stringent policies and procedures for electronic payment systemsDeveloped a consolidated credit risk reporting model to periodically evaluate top credit risks and past due accounts across entire company; Analyzed credit risk exposures to public and private entities by analyzing financial statements, and various credit reporting sources such as Dun & Bradstreet, S&P and Moody’s reports, and payment history

Greater St. Louis Area

Orchestrated short-term and long-term financing for A-B’s $8 Billion debt portfolio; Spearheaded a $1 billion Commercial Paper program and reduced CP borrowing cost by 5 bps below stated goal resulting in a savings of $500,000 in annual interest expense; Responsible for coordination of $2 billion share repurchase program across multiple agents Supported capital structure initiatives by periodically monitoring key financial ratios; Ensured actual ratios stayed within established guidelines in interim period between quarters; Developed Rating Agency presentations Managed $600 million portfolio of currency hedges and $1 billion portfolio of interest rate hedges; Evaluated exposures and hedges using Monte Carlo VAR; Negotiated ISDA agreement and derivative transactions with counterparties; Developed comprehensive Risk Management Committee report which evaluated performance of interest rate, currency and commodity hedging program as well as provided updates on effective controls within organizationSpearheaded improvements in interest expense model for $8 Billion debt portfolio; Clearly identified inputs to model and collaborated with domestic and international operations to get accurate inputsNegotiated documentation for Treasury Locks and Interest Rate swaps with banking partnersOrchestrated review of alternate sources of liquidity in compliance with rating agency directives; Developed procedures to check daily maturity of Commercial Paper program and implemented a 45 day and longer term forecast of Commercial Paper issuance and maturities as per rating agency guidelinesManaged cash balances and liquidity of foreign currency bank accounts; Setup automatic balance reporting to effectively monitor various international bank accounts resulting in improved liquidity forecasts

Greater St. Louis Area

Key member of User Acceptance Testing team for Global Settlement System known as SAM. Collaborated with team on business system requirements. Developed test cases with complete examples. Identified problems and communicated with developers to resolve issues.Implemented SWIFT communication system used by banks and financial institutions for messaging and payments.

Mba, Finance

Activities and Societies: Lecturer for Mathematics DepartmentMBA

B.S., Electronics Engineering

B.S. (Electronics Engineering)