Treasury, Risk Management & ESG Lead - GrandBridge Energy Inc.
(2024-01)
- Lead treasury operations and liquidity planning across multi-entity corporate structures, strengthening funding strategy and balance sheet efficiency.
- Support the organization's public debenture issuance by assisting with due diligence activities, preparing financing and interest rate analyses, coordinating with legal counsel, auditors, banking partners, and rating agencies, and providing treasury recommendations to support management decision-making
- Lead development and maintenance of enterprise cash forecasting models supporting executive funding and capital planning decisions.
- Drove debt restructuring initiatives supporting capital structure optimization at the holding company level.
- Identify banking pricing inefficiencies and recover interest overcharges, generating approximately 70K in cost savings.
- Implement automated cash optimization and account transfer workflows, reducing interest expense by approximately 100K annually.
- Renegotiate line of credit standby fees, reducing annual costs from 85K to 50K.
- Partner with senior leadership and banking partners to evaluate funding solutions and treasury risk strategies.
- Support enterprise ESG reporting initiatives through cross-functional data coordination.
- Collaborate with FP&A and accounting teams to align liquidity forecasts with corporate financial planning.
Senior Treasury Analyst - Grupo Bimbo Canada
(2022-01 - 2023-12)
- Managed enterprise liquidity and funding strategy across North America utilizing the Kyriba Treasury Management System.
- Oversaw treasury operations, including the setup of bank wires and ACHs, intercompany transfers, FX settlements, and the investigation of fraudulent payments.
- Provided support for loan management, ensuring the timely processing and tracking of drawdowns/repayments.
- Developed and maintained strong relationships with banks and financial institutions; led the negotiation of company credit facilities, worked with key internal stakeholders, including applicable terms and conditions, and associated fees/rates.
- Managed the implementation and ongoing risk mitigation strategies, such as FX hedging instruments and derivatives; monitored market trends and provided recommendations to senior management on risk management strategies.
- Conducted financial analysis and incorporated insights into decision-making processes, including evaluating investment opportunities and capital allocation strategies, assessing capital structure, analyzing financial performance, and month-end and quarter-end reporting obligations and financial statement disclosures related to treasury activities.
- Created internal controls and corrective actions to reduce risk or deficiencies; ensured compliance with internal controls, SOX guidelines, financial regulations, and banking policies.
Senior Treasury Analyst - Key Highlights - Grupo Bimbo Canada
(2022-01 - 2023-12)
- Led a critical project aimed at enhancing the company's lease management and financial systems. This project involved taking control of a substantial lease portfolio valued at 30 to 40 million USD and implementing the Kyriba lease module.
- Meticulously conducted an RFP process for deployment of Smart Safe & cash pickup services, evaluating proposals and negotiating agreements with the Garda/Deposita. Subsequently, implemented these services in close collaboration with sales offices, ensuring a smooth transition and improved cash-handling efficiency.
- Leveraged automation through macros, significantly reducing manual intervention in workflows, resulting in the elimination of 120 unused pre-authorized debits by cleaning up historical PADs in bank portals.
- Collaborated with AP & AR to develop a cash management RFP for Canada
- Conducted a cleanup initiative, addressing 355 past due invoices (not paid since 2019) with Armored Car Companies, amounting to USD 300,000.
Financial Planning & Treasury Analyst - GESCO Canada
(2021-02 - 2021-12)
- Managed treasury operations including daily FX hedge execution, cash forecasting, intercompany funding, and corporate credit facility administration.
- Oversaw daily cash management, including cash positioning, bank account reconciliations, and cash flow forecasting, leveraging weekly, monthly, and annual cash flow projections
- Prepared comprehensive working capital and risk management reports, including borrowing base analysis, daily funding reports, and debt covenant testing reports
- Collaborated with cross-functional teams, including finance, accounting, operations, and procurement, to ensure alignment on treasury-related activities and initiatives
- Performed board reporting and provided valuable treasury data to support financial budgeting and planning activities, facilitating informed decision-making processes
Financial Planning & Treasury Analyst - Key Highlights - GESCO Canada
(2021-02 - 2021-12)
- Created an informative dashboard for the cash flow forecast, visually presenting key insights such as sales mix, breakdown of operating and financial costs, and trends in cash availability
Manager, Treasury - Oxford University Press
(2019-01 - 2021-01)
- Led treasury operations across 17 international sales offices, overseeing liquidity management, investments, and banking governance.
- Managed short-term and long-term investment strategies supporting capital deployment objectives.
- Spearheaded treasury process modernization initiatives, improving operational efficiency and reporting transparency.
- Established treasury operating procedures, strengthening control frameworks and audit readiness.
Manager, Treasury - Key Highlights - Oxford University Press
(2019-01 - 2021-01)
- Actively participated in cross-functional initiatives, collaborating with supply chain, accounts payable, and payroll divisions to implement payment automation, banking portal enhancements, and digital collection solutions
- Successfully deployed highly effective fund management strategies, resulting in a remarkable 185% increase in annual interest income, reaching USD 2.8 million. This achievement garnered recognition at the group level
- Skillfully negotiated with partner banks, resulting in reduced banking fees, improved FX rates, and enhanced trade efficiencies. Secured annual bank contract agreements at reduced pricing, contributing to cost-savings and streamlined operations
Manager Liquidity Planning – Treasury - Bayer AG
(2016-08 - 2017-01)
- Managed running finance facility and short-term loan portfolio worth USD 32 million through a syndicate of 7 banks
- Formulated investment strategy for retirement funds worth USD 5 million, exploring new avenues for maximizing returns
- Involved in a cross-functional project with the HR department to streamline payroll function via the electronic banking portal
- Analyzed EBIT planning of sub-groups, prepared forecast Profit & Loss statements showing financial results of legal entities for management review, and maintained key financial ratios necessary for external borrowing from banks
Treasury Analyst - Pak-Arab Refinery
(2016-01 - 2016-07)
- Executed mutual fund investment project, adding USD 10,000 to annual interest income
- Formulated investment decisions up to USD 1.3 million every 15 days after carefully analyzing viable investment opportunities and available liquidity as per Board mandate
- Analyzed bank fees and recommended cost-saving plans.
Senior Financial Analyst - Sanofi S.A
(2013-03 - 2015-12)
- Managed all loan documents related to corporate lines and mortgages, administering banking accounts, investing surplus cash, and verifying wire payments
- Consolidated reporting of relevant general ledger (GL) accounts within SAP, encompassing activities such as additions, disposals, transfers-in/out, write-offs, depreciation runs, and insurance policies
- Oversaw changes in bank mandate, including account openings, signatory updates, and ensuring compliance with statutory and SOX regulations
- Successfully negotiated a reduced insurance premium rate for the Vehicle Insurance Program, resulting in operating expense savings of USD 0.02 million
- Conducted negotiations, maintenance, and renewal of insurance policies, including Property and Business Interruption, Marine Cargo, Auto, and Health
- Reported foreign exchange exposures to the global office through FX net reporting; Prepared ad-hoc analyses on financial and operational results, and supported special projects and budgeting efforts
- Collaborated with various departments across the organization to gather inputs for cashflow planning and develop a comprehensive cashflow model
