Patrick F. Guilfoy, Ctp, Ctp(Cd) Email & Phone Number

Seattle

Established this fast-growing $5 billion private company’s first corporatewide Treasury. Saltchuk operates in 14 countries throughout the Americas and Caribbean with brands that include Foss tugboats, Young Brothers, TOTE, Carlile Trucking, Tropical Shipping, Northern Air Cargo, Aloha Air Cargo, NorthStar Energy.• Launched Kyriba treasury workstation to consolidate treasury data managed at the business unit level. The process solution provides systemwide real-time bank balances and cash transaction reporting, payment systems, investment and debt portfolio management, cash and financial accounting that support strategic decision making and improve profitability.• Developed a liquidity management process that put $40M+ of idle balances to work while maintaining just-in-time liquidity. • Implemented an automated cash forecasting process that improved forecast accuracy by $5M daily and reduced associated labor costs.• Managed $1B debt portfolio of private placements and credit revolver. Led cross function team arranging $90M of sale-leaseback financing for seven tugboats including pricing, negotiations, and due diligence.

Seattle, Wa

Consultant specializing in corporate cash management, treasury operations, bank relations, financial forecasting.Clients included Savers-Value Village, Dana Holding Corporation, Intellectual Ventures, Weyerhaeuser/Westwood Shipping Lines• Provided cash flow forecasting leadership for a global tier one automotive supplier during the economic downturn. Transitioned cash flow forecasting from a historical trend-based analysis to a dynamic Hyperion model generating more accurate forecasts, by country and by business group.• Project manager and technical consultant to convert US and Canadian credit card processing for 250 stores and US banking to new providers. Delivered the project on time and on budget.• Established treasury function of multinational company in a time-critical spinoff. Managed project on time and under budget.• Analyzed current treasury activity, banking relationships, financing and investment structure of a multibillion dollar organization. Recommended solutions based on best industry practice processes, policies, procedures and internal controls.• Developed standard reporting package of cash flow KPIs for senior management and the Board of Directors.

Puyallup, Wa

Established Finance and Treasury function of a $250 million international transportation spinoff. • Proposed and implemented multi-year strategic plan for finance and accounting functions, transitioning from data entry to real-time, value-added analytical service. Improved timeliness of data by 15 days, decreased errors by 10%.• Established weekly and monthly financial and business review with senior executives. Through the review process, trend variances were identified approximately four weeks earlier and appropriate action plans implemented resulting in 2% increase of sales and 7% increase in utilization of assets.• Led review and update of the accounting process and general ledger. Increased the detail of data available while reducing workload, decreased the close process by 4 days. Established transfer pricing and reviewed several issues for GAAP compliance.• Developed new internal and external reporting function through creation of a real time, data warehouse which stores both financial and operational KPIs. Rolled out web based access to all data. Reduced time to create monthly management reports by six days.• Directed budgeting process and incorporated annual plan into five year strategic forecast. Improved budget detail to include currency exposure, geographic risk and customer profitability.

Established all treasury policies, procedures and reporting for a pre-IPO company with operations in 10 countries.• Developed and implemented investment policy and strategy to manage portfolio of $1.7 billion. • Decreased working capital employed by $25 million, and reduced banking fees by 75%.• Instituted foreign exchange procedures reducing cost by $150,000 annually.• Implemented treasury workstation providing real- time bank balances, investment portfolio reporting and all cash accounting, thus reducing work by one-half FTE, while creating a SOX-compliant environment.

Seattle, Wa

Responsible for all treasury operations of an $8 billion global retailer with 12,000 locations in 35 markets.• Oversaw 50 banking relationships in North America, Europe and Asia. Developed banking structure for new entities in Europe, Latin America, Australia and People’s Republic of China. • Developed and implemented five-year strategic plan for all cash management aspects of Starbucks treasury. • Member of negotiating team for the company’s inaugural syndicated banking facility resulting in $500M credit revolver.• Administered RFP of concentration, disbursement and electronic receivable structure in the United States for 2.5 million transactions annually. Improved the payment capabilities of Starbucks domestic entities and reduced bank fees by approximately $500,000 per year. Managed an 85 person cross functional team project to implement bank change.• Managed all foreign exchange, derivative and investment transactions including FAS 133 accounting.• Consolidated credit card processing for the United States and Canada (160 million transactions annually), improving speed of service, reducing fraud and decreasing fees resulting in savings of $3 million and increasing revenue by $20 million annually. • Developed automatic settlement structure for the Starbucks Card, a stored value card technology, to settle cross border customer transactions, and transactions between Starbucks and licensees in the US and Canada.

Ventura, Ca

Responsible for all domestic and international cash management functions of a $2 billion retailer with 1100 locations in the US and eight other countries.• Oversaw banking relationships and optimized bank structure, reducing the number of banking relationships maintained by 50% and banking fees by $100,000 per year.• Designed and implemented a treasury workstation that reduced idle cash balances by $8 million.

Washington D.C. Metro Area

Responsible for financial operations of a U.S. government project which operated in over 50 countries.

Senegal, West Africa

Analyzed businesses and consulted several small enterprises in all aspects of management.

Lake Buena Vista, Fl

Bachelor'S Degree, Finance

Activities and Societies: Delta Upsilon, Alpha Kappa Psi

Master Of Business Administration - Mba, International Business

Activities and Societies: International Finance