ERIK J. HOLT, CTP, MBA

Farmington, CT *****

acbyre@r.postjobfree.com 203-***-****

PROFILE:

* ********* ******** ************ **** a decade of analytic and cash management experience. Heavily focused in

U.S. and global operations, liquidity management and corporate accounting functions while reporting directly to

senior management. Committed to adding value and developing new projects to grow the organization.

EXPERIENCE:

STANLEY BLACK & DECKER, INC., NEW BRITAIN, CT ($10.4B Annual Sales)

Manager, Corporate Finance September 2012 – Present

• Focus on working capital improvements around the world. This variety of receivable and payable solutions has

yielded hundreds of millions of improvement to date for DSO and DPO.

• Created and negotiated a new financing program for our Mobile Tool Distribution business in the U.S. and

Canada. The new program will improve top line growth and maintain margins as it is more conducive for

distributors and their end customers.

• Analyzed and reduced leasing expense with a multitude of affiliates. This lowers our imputed level of debt with

the rating agencies and helps to maintain our single A rating.

• Contributed to a variety of debt & equity capital market deals including junior sub debt, fixed-to-floating interest

rate swaps, capped calls, and an ASR execution – all of which fine tuned our capital structure to improve our

standing with the rating agencies and investor base. This also reduced interest expense as we were able to take

advantage of historically low long term interest rates.

STANLEY BLACK & DECKER, INC., NEW BRITAIN, CT ($10.4B Annual Sales)

Cash Manager – Americas August 2008 – September 2012

• Individually responsible for all daily U.S. cash positioning. This included parsing in hundreds of transactions from

our core banks into our concentration bank using a SunGard ICMS workstation. Also managed the Stanley Canada

business cash in CAD and USD.

• Made an investment or borrowing decision based on these daily positions. This included working extensively with

3 different broker/dealers in the CP market to find ideal rates and tenors.

• Reconciled prior day activity by working closely with the A/P, A/R and Tax Departments, other global affiliates,

and international bank contacts.

• Solely responsible for the daily management of a multi-million Euro global pool based in London with 50+

participants and 13 different currencies. This pool has created an optimal strategy to consolidate and control our

global cash position. This has also increased interest income and reduced interest expense by borrowing internally.

We have made full use of idle cash.

• Actively analyzed and reduced a multitude of bank fees. Streamlined bank accounts by continuously consolidating

or closing dormant accounts.

• Successfully integrated the Stanley and Black & Decker treasury workstations for daily cash forecasting and cash

accounting ahead of schedule.

AXSYS TECHNOLOGIES, ROCKY HILL, CT ($250M Annual Sales – acquired by General Dynamics)

Sr. Financial Analyst June 2006 – August 2008

• Reviewed the daily cash report and cash position, which determined the appropriate short-term investment.

Ensured that the portfolio allocation was in compliance with the standard policy and procedure.

• Consolidated, analyzed and provided explanations for changes in the monthly, quarterly and budget P&L,

Balance Sheet, Cash and Cash Flow forecasts.

• Completed numerous monthly account reconciliations and month-end closing journal entries. That included

closing Corporate’s books as well as intercompany entries for the divisions.

• Compiled and analyzed key metrics for measuring business unit and consolidated financial performance.

• Improved short-term investment return by suggesting a new fund and lowering the minimum sweep balance.

• Substantially reduced annual credit card fees by eliminating processing errors, negotiating better rates and

leveraging our different divisions together.

• Worked continuously on expediting liquidity by shifting towards electronic payments and receipts. This

improved DSO and reduced check float – ultimately increasing liquidity, interest income and strengthening our

forecasting ability / cash positioning.

BIC CORPORATION, MILFORD, CT (1.8B EUR Annual Sales)

Financial Specialist, Group Corporate July 2003 – June 2006

• Reported the daily cash position and weekly forecasts for BIC USA’s domestic and international bank accounts.

• Reconciled those bank accounts and resolved any discrepancies. Addressed those issues in the current accounting

period, which avoided outstanding reconciling items. This involved a very savvy relationship with the Tax,

Payroll, A/P and A/R departments as well as multi-national bank contacts. Also worked closely with those

departments in order to formulate medium-range forecasts for BIC USA’s domestic cash position.

• Chief initiator for approximately 90% of domestic wires and 100% of international wire transfers. Related

responsibilities included approving EFT’s and check-runs, making tax payments for the Tax Department and also

funding excess cash to the parent, Société BIC. It was imperative to make sure all of these accounts were

adequately funded.

• Worked persistently on reducing bank fees – eliminated unnecessary services and renegotiated others. Reduced

monthly fees and streamlined other banking functions by eliminating unnecessary bank accounts

• Proactively changed the overnight cash investment, which reaped significant gains in interest income.

• Responsible for forecasting BIC USA’s Euro (and other currency) needs. This involved working closely with the 3

product line managers to ultimately determine the hedge Société BIC would make on BIC Corp’s behalf.

SOCIÉTÉ BIC, CLICHY, FRANCE

Treasury Analyst, Group Treasury February 2005 – September 2005

• Reconciled and balanced a multitude of European bank accounts for the parent and selected subsidiaries in the

cash pool, adhering to strict cutoffs in order to determine the daily borrowing or investment position.

• Consolidated the weekly liquidity situations for nearly 70 subsidiaries. Reported this group net cash position and

explained variances directly to senior management. Engaged sites to report their position sooner and provide

greater detail in explaining their own variances.

• Improved communication with subsidiaries in regards to their cash shortages and surpluses, which resulted in a

more accurate daily cash position.

OXFORD HEALTH PLANS, TRUMBULL, CT (acquired by United Health 2004)

Finance, Premium Management January 2002 – January 2003

• Reconciled any customer billing issues to facilitate and maximize the receipt of group policy payments.

• Monthly territory consisted of 1,500 group accounts valued over $2M.

• Worked on a special team to integrate certain MedSpan A/R and billing functions to comply with existing Oxford

standards after its acquisition.

INTERNSHIPS

1 NEW HAVEN SAVINGS BANK, NEW HAVEN, CT

Investment Services May 2001 – December 2001

2 FIDELITY INVESTMENTS, NEW HAVEN, CT

Sales and Advising May 1999 – August 1999

EDUCATION:

Quinnipiac University, Hamden, CT

1 MBA, Finance Concentration, Summa Cum Laude Graduate Dec 2004

2 Bachelor of Science, Finance, Summa Cum Laude Graduate Dec 2001

SOFTWARE SKILLS:

3 Administrator and proficient user in the following systems: BoA CashPro, Bloomberg, BNP Fortis Connexis,

CitiDirect, Citi Supplier Finance, Prime Revenue, BNY Mellon Liquidity Direct, BNYM TreasuryEdge, BoA

PayMode, BoA MMkts Express, BoA Connection, SunGard ICMS, JPMorgan Access, FIS, Chase Insight, RBC

Express, Barclay’s BIB, Reuters KTP, Microsoft Excel, Word, PowerPoint, Outlook and comfortable with Access,

IFS, Hyperion/HFM, JD Edwards One World, and AS400.

OTHER ACCOLADES:

4 Adjunct Professor

1 Southern CT State University, The Essentials of Treasury Management, Spring 2010, Spring 2012 – 14.

2 Post University, Principles of Finance, Fall 2011 – Spring 2012.

5 Seasons Federal Credit Union Associate Board member: 2010 – Present.

6 Memberships: Association of Financial Professionals (AFP) and Central CT AFP (CCAFP) President, 2010-11.

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