• Played crucial role in company’s emergence from forbearance. Maintained varying liquidity requirements and began weekly reporting to agent (Comerica) on asset backed loan as required by amendment to credit agreement. • Responsible for consolidation and submission of monthly ABL statements to agent bank. Reviewed any higher-than-expected variances with CFO prior to submission. Researched variances and explained to bank.• Managed 13-week cash forecast. Approved business unit’s weekly A/P requests. Weekly review of A/R with business units. Worked closely with FP&A on longer term accounting forecast.

• Responsible for 13-week cash forecast. Point person in weekly call with Thyssenkrupp Elevator GmbH to communicate prior week actuals vs. forecast and any variance to forecast in out weeks. Update financial reporting system (FRS) with weekly cash flows and balances.• Communicated weekly with lead bank (Citi) and Thyssenkrupp Elevator GmbH regarding all North American cash flows and positions.

• Responsible for all external and internal quarterly and annual reporting including Foreign Bank and Financial Accounts (FBAR), FR Y-15, SOX compliance and EFT access and authorization.• Monitored all North American bank accounts (USD, CAD, MXN) cash positions for timing issues to avoid overdrafts.

• Monthly reporting on asset backed loan for borrowing purposes based on eligible inventory and eligible A/R.• Responsible for daily cash management (Bank of America as lead US treasury/cash management services provider).• Daily cash forecasting to report to corporate HQ as to funds availability/liquidity thresholds.• Primary cash manager and supervisor. Team of four.• Implementation of special projects such as migration from bank to bank or from one third party processor to another through the AutoPlus ERP (SAP).

•Managed daily cash position (Bank of America as lead US treasury services provider).•Expedited month end close with various foreign banks including HSBC, BOM, etc. with more frequent reporting (daily and weekly).•Assisted with SAP conversion/implementation.•Completed Foreign Bank and Financial Accounts (FBAR) reporting for all signers required to file with the IRS for over 30 accounts.

•Evaluated and recommended various ways to interface Oracle E-Business and on-line banking systems to expedite daily cash management.•Drafted a RFP for the CFO and Controller to assess all Treasury Management services and costs.•Interfaced with multiple departments to help improve the monthly reconciliation process.•Served as primary Cash Manager.•Assisted the Controller with Trust calculation reporting.

•Implemented process improvements for the cash management system by streamlining various spreadsheets using more advanced approaches. Served as secondary backup to the Cash Manager.•Consulted with Treasury workstation providers as to how to more effectively and efficiently interface with the accounting system (Unit 4/Coda) and enhance the accounting, cash and debt management processes.•Evaluated and recommended changes regarding the debt reconciliation process to include segregation of duties between Treasury and Accounting.•Worked with the Treasurer on the Finance Committee presentation. Implemented changes to the presentation that resulted in better organization and flow for the committee.•Assisted the Legal department with the issuance of letters of credit. Educated them on the process of issuance and timing (bank credit meetings, etc.)•Managed and improved debt covenant compliance reporting (leverage, coverage, fixed charge coverage).•Reviewed and made changes to Treasury policies and procedures including investment policies.

•Prepared debt forecasts with variance analysis and ongoing cash flow analysis, forecasting and planning. Prepared financial analytics and expected performance trends. •Critically analyzed the policies, procedures and systems to identify, assess, measure, monitor and control significant risks such as interest expense and potential lack of corporate liquidity.•Implemented practical solutions aimed towards improving internal clients overall risk profiles, increasing the efficiency of reconciliation processes, and optimizing business practices, procedures, controls and governance.•Prepared and monitored cash management reports related to debt obligation analysis, average balance, bank fees and interest allocation, resulting in increased operational efficiency and reduced risk. •Successfully managed all Treasury duties in order to ensure timely, accurate and comprehensive account closing and reconciliation, forecasting of cash needs, interest rates and projected balances. •Reviewed and released wire payments. Reviewed daily cash management control worksheet. Calculated and collected cash management principal and calculated interest amounts for fixed assets.•Took on leadership position with strategic initiatives such as RFP completion and PeopleSoft upgrade, including coordination of technical teams to ensure successful customizations, and comprehensive system testing.

•Oversaw short-term borrowing programs totaling $2.35 billion and $5 billion in back-up liquidity, with direct accountability for approval and maintenance of entire banking and Treasury relationship.•Facilitated the implementation of a PIN-less debit system, saving approximately $600,000/yr, a 50% reduction.•Successfully converted remittance processing vendors saving $180,000 annually.•Prepared for external audit of an asset securitization by acting as the administrative agent resulting in savings of over $250,000 per year. •Issued, renewed and canceled letters of credit for a portfolio exceeding $60 million. •Worked closely with legal and tax departments regarding management of over 700 bank accounts. •Managed all F/X for The Travel Channel including hedging, various trades and accounting.•Performed extensive analysis and employed flexible thinking to invest and move cash and restructure accounts in the most effective and efficient manner possible.•Managed long term debt portifilo utilizing Hyperion.

•Implemented a more comprehensive treasury and cash management position through increased industry research, improved vendor selection, plan monitoring and consultation with internal/external teams.•Achieved savings of almost $400,000 per year by selecting more cost-effective banks and vendors to handle remittance processing and check clearing.•Assisted in facilitating changes in pricing and structure of the Manheim Financial Services Securitization ($705 million with three banks), achieving savings of 2.5 basis points in program fees and 2.0 basis points in liquidity fees. •Analyzed rate differences between major commercial paper traders and succeeded in tightening them to approximately one basis point, resulting in significant interest savings.

•Reviewed applicants to determine credit risk and made approvals or denials as needed.•Utilized complex financial research and identification techniques, including ratio and trend analysis, projections and cash flow determination to ensure sound lending practices. •Designed, documented and implemented new risk management tools to optimize risk and reward while capitalizing on growth opportunities on new and existing customers.