SUMMARY:

• Creating financial statement analysis for top level management on cash management
• Reviewing daily and weekly forecast position and analysis and recommendation of short - term investment opportunities.
• Establishing and tracking Letters of Credit for international shipments.
• Forecast balance sheet and cash flow statement and examine result for senior management.
• Analysis of outstanding accounts receivable and interface with operations personnel to assist in their understanding of issues and the development of initiatives to decrease time to collect funds.
• Cash Management Accountant, including responsibility for movement of funds and reconciliation of daily forecast to actual cash position
• MS Word, MS Excel, MS Outlook, SAP, JDE and JDA, Navision, TWS (Treasury Workstations)

PROFESSIONAL EXPERIENCE:

Confidential, Rhinebeck, NY

Director of Treasury(Consultant)

Responsibilities:

• Perform cash management analysis pertaining to the daily cash position for the organization
• Build and maintain 13-week and 12-month cash flow forecasts
• Perform Liquidity Management functions including: tracking historical financial performance (on a Monthly and Weekly basis) and preparing comparative analyses to published cash flow forecasts, including but not limited to, cash book-to-bank reconciliations
• Implemente a treasury system and policies surrounding cash management
• Assist with internal and external audits

Confidential . Hauppauge, NY

Senior Analyst-Treasury, (Consultant)

Responsibilities:

• Perform cash management analysis pertaining to the daily cash position for entities across North America, South Africa, and Europe
• Build and maintain 13-week and 12-month cash flow forecasts
• Perform Liquidity Management functions including: tracking historical financial performance (on a Monthly and Weekly basis) and preparing comparative analyses to published cash flow forecasts, including but not limited to, cash book-to-bank reconciliations
• Analyze weekly actual-to-forecast variances and present key observations/recommendations to management on how to improve the internal forecasting process
• Sign all AP checks over $25 thousand and assign weekly disbursement quota base on cash inflow
• Prepare monthly schedules focusing on metrics for trade and bank fees and assist with the preparation of monthly treasury reports
• Assist with preparation of quarterly global treasury-related analytics reports (i.e. cash position, DSOs, DPOs, Cash Conversion Cycle, and other corporate metrics)
• Assist Accounting and Tax department and Project Managers with ad-hoc projects
• Liaise with IT Department as it relates to cash management system updates
• Liaise with Finance Department as it relates to month-end, quarter-end, and year-end close
• Assist with internal and external audits

Confidential . Bellport, NY

Director of Treasury

Responsibilities:

• Continuously monitor internal controls surrounding the treasury cycle
• Established and tracked Financial Standby Letters of Credit, as well as Performance letters, and inspection certifications for global shipments.
• Preparation of daily and monthly Borrowing Base certificates
• Weekly and Monthly calculation of eligible inventory and accounts receivable for multiple companies
• Covenant calculations and compliance monitoring
• Cash flow projections
• Daily monitoring of the company’s cash activities and request the appropriate advance from the company’s Lender
• Weekly preparation of the company’s cash forecast
• Weekly coordinate cash forecast and disbursement schedule
• Maintain appropriate relationships/communications with key bank contacts
• Work closely with Accounts Receivable and Accounts Payable departments to forecast cash needs
• Monitor cash availability on a daily basis
• Work with banks on quarterly audit requirements
• Create journal entries related to intercompany transactions, debt interest and payroll
• Create and circulate cash reports to appropriate departments

Confidential, Milford, Ct

Senior Treasury Analyst

Responsibilities:

• Responsible for Treasury Liquidity Management of cash inflow and outflow
• Perform annual stress test of short term liquidity forecast (contingency funding plan)
• Prepared Letter of Credit documents and ensured compliance for international inventories until the goods arrived at their final destination.
• Report, analyze and interpret financial data based on information collected from financial systems, corporate department heads
• Determine the appropriate Level of Liquidity to hold based on historical cash position
• Monthly bank fee analysis
• Daily FX spot trading and work with bank back office to make sure that the transaction is completed before cut off time. all transaction are RTGS with the STP (straight - through processing )
• Work well under pressure

Confidential, Hawthorne, NY

Senior Treasury Analyst

Responsibilities:

• Monitored liquidity management of cash for US, Canada and Israel. Reconcile the prior day cash activity then position the current day cash activities
• Set up Letters of Credit with our banking partners and tracked the progress of inventories internationally in order to rectify LOC issues while enroute.
• Executed FX trade, solve transaction discrepancies and monitor bank relations
• Supported all operating companies through in house banking
• Measured liquidity and working capital ratio
• Measured debt management and coverage ratio and monitor debt payment
• Prepared daily cash inflow and outflow, weekly cash forecast, monthly borrowing base calculation and monthly bank fee analysis
• Record all investments transactions to GL

Confidential . Tarrytown NY

Senior Cash Application Specialist

Responsibilities:

• Supervised a group of 10 and provide customer discrepancies resolutions
• Monitored cash Inflow from 50 labs and prepare daily and monthly journal entries