•Measure and evaluate foreign exchange exposure with the objective of mitigating foreign exchange risk. Developed and implemented measurement tools and process as the organization migrated to a Single Instance ERP Globally. •Developed and implemented a work flow process for review and authorization of operations support financial instruments for contracted requirements of performance such as surety bonds, bid and performance guarantees, standby letters of credit and parent company guarantees. •Implemented a global bank account administration platform within the organizations single instance ERP. •Evaluate and negotiate intercompany financing and bi-lateral banking facilities, including a global US Dollar pool structure, required to optimize liquidity needed to support global operations across multiple entities and countries. •Contract and tender support for commercial operations serving customers with limited financial resources. •Provide guidance, direction and banking support as necessary to implement alternatives needed to optimize and accelerate recovery of restricted and/or trapped cash.•Support negotiation of Revolving Credit facilities in excess of $2 billion.•Guidance and control (including design of investment policy) for investments of excess cash which at certain times exceeded $4.5 billion.

•Recruited and developed a highly motivated treasury team tasked and located to provide direct finance support to operations in Russia, the Caspian, Singapore, Indonesia, Dubai, Angola, and Europe. This team provided treasury support and financial guidance to both operations and Enterprise Finance Organization. Certain members of this team were specialized in providing local trade and structured trade finance support for operations. •Trained and directed specialized foreign exchange accounting personnel embedded them within the Enterprise Finance Team in Europe, Argentina and Malaysia. This team monitored and solved shared service and in house transactional accounting issues for statutory and GAAP reporting. This team assessed and evaluated integration implementations required to bring legacy financial systems into a single Global ERP System.•Arranged local banking facilities across multiple countries to cost effectively support operations while consolidating liquidity for the corporation. This structure provided a banking platform to implement straight through processing of payments from the Enterprise Finance Shared Services. •Established a global spot funding process and virtually eliminated locally originated payments. This provided a positive control necessary for compliance certification and representation particularly OFAC, AML and FCPA.•Consolidated legacy division banking environments for each county into a single USD Dollar pool domiciled outside the US.

•Create and internally market within the corporation, structured trade and project finance approaches tailored to support BHI products and services in emerging markets. These approaches reduce the commercial and country risk for both single division and integrated revenue streams for multiple divisions. •Developed financing approach and internal models to evaluate potential special purpose structured finance vehicles for BHI projects. Transactions closed in Venezuela, Peru, Argentina, Chile, Ecuador, Russia, Kazakhstan, Azerbaijan, Uzbekistan, Ukraine, Angola, Algeria, Kuwait, Saudi Arabia, Indonesia, Italy and Germany.•Measure and evaluate foreign exchange exposure with the objective of mitigating foreign exchange risk and reduce potential for foreign exchange losses. •Created exposure reporting in dual currency ERP system (SAP) to focus business unit accountability and management of foreign exchange exposures and thereby minimize gains and losses arising from exposures. •Operated and internal hedging program to allow business unit operations to internally hedge the expected cash flows and balance sheet exposures against a Treasury Entity. This also had the benefit of providing a process to aggregate exposures for key currencies across multiple divisions.

•Negotiated and arranged structured trade financing for Russian and other FSU activity of Baker Hughes. •Established a branch oriented entity structure (still in place after 25 years) to minimize exposure to ruble revenue streams and indirect taxation of BHI Russian operations. •Evaluate and structure BHI FSU direct and indirect revenue and investment activity, including a framework for leases of equipment within the territory of Russia.

•Controller for the leading manufacturer of Electric Submersible Pumps, Artificial Lift. Centrilift operated manufacturing locations in the United States, the UK and Argentina. Centrilift also served its markets from service and light manufacturing centers in over 40 countries. •This position was accountable for worldwide consolidations, financial planning, corporate reporting and trade finance. We recruited and developed multinational and multilingual professional staff. These professionals progressed with increasing responsibility through the Baker Hughes Financial organization over time. •Developed pragmatic specific trade, structured finance applications which lowered exposure and facilitated management of financial risk of the newly opened Russian and FSU markets. •Developed and installed a global planning system, including a goals and controls module measuring product line performance by business unit and geographically. The IT professional recruited to develop this software realized professional growth and increasing responsibility as a leader in the Parent Company global Business Application Support team.