Samuel Palacios, Ctp, Mba Email & Phone Number

Bridgewater, New Jersey, United States

Manage and execute a foreign currency program (for vendor payments and hedging purposes). Manage short term and long term external and intercompany debt, including interest payments, voluntary prepayments, audit compliance and interest expense recording and reporting. Manage letter of credit and surety bond program which primarily supports our internal energy sourcing partners. Prepare and report a five-week and thirteen-month rolling cash flow forecast for the US and Canada cash pool leaders.

Greater New York City Area

Developed and managed a cash flow reporting and forecasting Excel-based model. Assisted Treasurer with liquidity, bank account and bank relationship management

Bridgewater, Nj

Managed treasury operations team responsible for the execution and reporting of daily cash positions, payment runs and time-sensitive wire transfers. Managed the bank relationships, account structure, services and fees supporting the various A/P, A/R and accounting teams for the U.S and Canadian companies. Managed the Company’s Payment Factory team which centrally executed third-party and inter-company Payments on Behalf of (POBO) U.S. and Puerto Rico affiliates. Managed intercompany current accounts (as the In-House-Bank and cash pool leader) on the same POBO SAP platform. Led treasury team in project to test and implement the Payment Factory system in late 2015 while continuing to manage treasury operations. Assisted with management of cash optimization projects such as supply-chain and capex financing, factoring and cash flow forecasting. Managed documentation and compliance of internal and Sarbanes Oxley treasury controls.The Sanofi US group of affiliates includes Genzyme Corporation, Chattem Inc., Sanofi Pasteur Inc. and sanofi-aventis US LLC.

Bridgewater, Nj

Managed execution and reporting of daily cash positions, short-term cash flow forecasts and time-sensitive wire transfers. Managed the bank account structure, services and fees (including administration of online banking systems). Managed project to upgrade treasury management system (Sungard’s ICMS) for cash accounting and analysis. Issued RFP for banking services (collections, disbursements, and concentration) in the U.S. and Canada to achieve operational efficiencies and cost savings.

Wvo, Nj

Managed execution and reporting of daily cash positions, inter-company transactions, time-sensitive funds transfers, concentration and disbursement of funds. Managed investment strategy, execution and reporting for more than 100 separate and independent entities to ensure optimal liquidity and safety of principal while maximizing yield. Managed implementation of a Treasury Management System (Kyriba) as it related to cash positioning, payments, cash accounting, investments, bank administration and bank fee analysis. Manage bank relationships, account structures and reporting.

Directed and monitored movement of funds to ensure their timely, accurate and efficient concentration and disbursement. Managed treasury execution and reporting of daily cash positions, inter-company transactions, time-sensitive funds transfers, and short-term borrowings and investments on behalf of U.S. and non-U.S. Tiffany entities based on forecasted liquidity needs. Managed bank relationships, structures and costs, including oversight of international bank accounts. Established and monitored key performance indicators for cash management activities. Supported the company’s share repurchase program. Ensured and documented compliance with Sarbanes-Oxley key controls in the treasury group. Assisted the Pension Plan Committee with the reporting and management of pension plan assets.

Provided planning and analytical services for the effective management of debt and cash positions. Assisted in the evaluation of prospective financing plans to assess the implications on financial covenants and financing flexibility. Identified, evaluated and documented new standard operating procedures to improve the department’s operating efficiency as it related to the global management of bank relationships, cash, investments, debt and foreign currency risk hedging.

Assisted manager of treasury operations with daily cash reporting, wire payments and debt reporting. Executed foreign exchange transactions and administered the Letters of Credit program. Assisted in the preparation of consolidated cash flow analysis. Processed wires, collected bank account data, and prepared reports as a Treasury Analyst.

Bachelor Of Arts

Master Of Business Administration – Dual Degree