TREASURY/FINANCE EXECUTIVE
One philosophy I have developed around Treasury is how much this functional area, and the Treasurer specifically, is a sales mechanism for the company. Whether it is to Banks, Insurance groups, Capital markets, vendors, customers -Treasury is a very visible and influential force for a company to its external stakeholders. I am a highly accomplished, hands-on finance executive with international experience, strong cash management background, analytical, results-oriented approach and consistent record of advancement. Strengths include communications, defining vision and strategy, cross-functional leadership and problem resolution skills.
SELECTED ACCOMPLISHMENTS
• Creatively repatriated excess funds from China via Hong Kong subsidiary
• Helped create & market $160 million Private Placement Memorandum to finance growth
• Improved Working Capital Liquidity through 20 day improvement of DSO and Inventory
• Worked to amend Credit facility to increase availability by $20 million
• Supervised and trained staff of 12 utilizing mentoring, continual training and metrics
• Assisted in reducing Capital expenses by $8 million through Capital Equipment restructuring
EXPERIENCE
VARIOUS CONSULTING ROLES, SOUTHEAST US Jul 2007 - Present
TALECRIS BIOTHERAPEUTICS, INC., RTP, NC May 2007 – Jul 2007
Talecris Biotherapeutics discovers, develops, and produces critical care treatments for people with life-threatening disorders in a variety of therapeutic areas including immunology, pulmonology, and hemostasis. A former division of Bayer, Talecris employs 3,000 globally with 2006 Revenue of $1.1 Billion
Assistant Treasurer (Contract role through Vaco Financial, LLC)
• Completed RFP process for new banking platforms in Canada and Germany
• Coordinated new Armored Car service for 46 plasma donation centers nationwide
• Created RFP process and reviewed options for Equity tracking and reporting Software
PERFORMANCE FIBERS, INC. New Hill, NC Feb 2005 – March 2007
Performance Fibers is one of the worlds leading suppliers of high tenacity industrial polyester for a wide range of consumer, industrial and military applications. A former division of Honeywell and AlliedSignal, Performance Fibers was acquired by Sun Capital Partners in December 2004. $700 million revenues; 2,800 employees operating in North America, Europe and Asia.
TREASURER
· Established new Independent lines of credit for Working Capital, Infrastructure and Expansion
· Facilitated M&A diligence and post acquisition integrations
· Amended existing credit facilities around acquisitions and business growth objectives
· Assisted in managing transition of services from Honeywell to stand alone environment
· Evolved Risk Management solutions to keep up with business growth and needs
· Implemented new Commodities and FX hedging programs to stabilize cash flows
QUINTILES TRANSNATIONAL CORPORATION, Durham, NC Aug 2004 – Feb 2005
One of the world's top contract research organizations (CROs), Quintiles provides services to help drug and medical device companies develop and sell their products. Fortune 1000 company with 2003 revenues of $2.0 billion; 16,000 employees worldwide in 55 countries
TREASURY MANAGER
· Coordinated and administered netting and Inter-company funding/notes
· Maintained Debt compliance and Covenant calculations
· Assisted worldwide divisions with working capital management and investment decisions
· Financial Statement Disclosure preparation
· Implemented new Domestic banking relationship increasing efficiency and reducing fraud exposure while maintaining existing cost structure
· Responsible for Sarbanes-Oxley audit compliance
GLOBAL KNOWLEDGE NETWORK, INC., Cary, NC Feb 2001 – Aug 2004
Global Knowledge provides technical training services specializing in networking systems and telecommunications. Global Knowledge offers more than 700 vendor-authorized and proprietary courses covering the products of specific manufacturers such as Cisco, Nortel and Microsoft. $250 million revenues; 1,300 employees worldwide in 18 countries.
CASH MANAGER
· Reported Company results to Senior executives with forecast variance analysis
· Assisted in creating Pan-European Banking Solution
· Directed Credit and Collections team and created new Credit policy
· Responsible for all foreign currency transactions/hedges to minimize exchange risk
· Reduced Over 90 Aging to less than 6% of total receivables
· Lead role in implementation of Oracle 11i ERP
· Assisted in Transition of Canadian Accounting to US offices
· Accepted added task of reviewing Latin American Collections and Cash processes and presenting operational plan to VP-Finance
· Held Credit Manager position (2001 – 2003)
WEST BROS., Raleigh, NC Sept 2000 – Feb 2001
West Brothers provides a full range of freight handling, logistics and warehousing services with its own fleet of tractor-trailers and warehouses. 2003 revenues of $18 million; 180 employees.
DIRECTOR OF REVENUE ACCOUNTING
· Planned budgets and cash forecasts
· Prepared monthly reporting package to Officers for Board of Directors meeting
TIGER DIRECT, INC., Morrisville, NC Apr 1995 – Sept 2000
A Division of Systemax, Inc, a Fortune 1000 Company that retails Computer equipment via mail-order catalog, web retail and outlet stores. 2003 revenues of $1.6 billion; 3,000 employees worldwide.
OPERATIONS MANAGER (1998 - 2000)
· Managed operations for entire NC profit center including Credit, Collections, Customer Service, Purchasing, Human Resources, & Accounts Payable departments
· Reported P&L to corporate office while working with Sales management to ensure targeted operating income and margins
· Assistant MIS Director as needed in back-up capacity
· Prepared annual budget for Credit, A/R and A/P departments
· Provided financial training to new sales representatives
· Facilitated all lease transactions from document execution to funding
· Promoted from Credit Analyst to Credit Manager and Accounting Manager position (1995 – 1998)
Prior to 1995, held positions at NationsBank of NC, NA (now Bank of America)
EDUCATION
BA, Business Management, Finance Concentration, North Carolina State University
CERTIFICATIONS / AWARDS / AFFILIATIONS
Certified Treasury Professional, CTP (formerly called CCM) – 2003
2007 AFP Honors Award Recipient
Financial Executives International (FEI)
Association for Financial Professionals (AFP)
NC Treasury Management Association (NCTMA) |
