Manager Management

STEVEN M. BLONDELL, MBA, CTP

*** ***** ****** ****** • Madison, WI 53705 • 608-***-**** •***************@*****.***

QUALIFICATION SUMMARY

Cash Flow Strategist Change Manager Revenue Driver Leader & Team Builder

Strategic decision-maker to drive improvements within financial controls and cash flow, bringing an extensive background in

financial analysis, operational improvement, cost control, and technology utilization at both public and privately-held firms.

Well-respected, ethical finance & investment MBA instrumental in high-level financial decisions, technology based

solutions, and core analysis of economic and key performance patterns.

FINANCIAL LEADERSHIP COMPENTENCIES & HIGHLIGHTS

Trusted Leadership … Complex Financial Analyses … Negotiations… Consultant to Top Tier Companies …

Technology Solutions … Insurance … Business Development … Financial Controls/Modeling /Forecasting

Recognized on high-profile team for $2.4B acquisition of Kemper Financial by Zurich North America.

Fulfilled Sarbanes-Oxley project compliance requirements for General Electric Corporate Treasury

Dept.

Prominent team member to attain certifications of ISO 9001 and ISO 13485.

Managed 5 short-term portfolios totaling $125M daily with team collaboration and risk management

skills.

Managed and delivered consulting line of business solutions with high-end, technical consultants to

clients.

Individually accomplished new business of $6M net deposit growth in 2004 and managed a Treasury

team.

Achieved $200K annual savings via leadership role in custodian bank restructure.

Served in strategic role as plan administrator for the company’s 401K retirement plan.

Implemented budget controls to alleviate a reconciliation issue with best practices for American Family.

Equally comfortable as a Senior Level individual contributor or a member of a business team.

PROFESSIONAL EXPERIENCE

DIRECT NETWORKS INC. 2013 - 2013

Accounting Manager

Provided executive management on cash flow, forecast and budget issues to the strategic leadership team.

§ Managed accounting month-end close process and all related sub-processes.

CUNA MUTUAL GROUP 2012 - 2013

Consultant

Performed subject matter expertise (SME) support for CUNA Mutual’s Corporate Treasury project to implement

the ONE Enterprise Treasury Platform solution from GTreasury.

§ Designed verification and validation process to ensure accurate multi-banking data feeds into new software.

BJORKSTEN BIT 7 2008 - 2012

Vice President of Finance & ClientSite Services

Bjorksten bit 7 offers a new kind of development to deliver scientific, engineering and design services to clients.

§ Directed and managed all finance and administrative internal functions including: IT, finance & accounting, HR

benefits and administration.

§ Provided leadership to the consulting services line of business for our all external client’s business needs.

§ Responsible for the company’s overall financial plans & policies and its relationship with financial institutions.

§ Senior team member resulting in ISO 9001 and ISO 13485 certifications

§ Liaison to all government (federal & state), insurance and external compliance reporting to various agencies.

§ Direct report to the President and Founder.

AMERICAN FAMILY INSURANCE GROUP 2006 - 2008

Planning & Metrics Administrator

§ Responsible for cost/benefit and IRR financial analyses to support project-based decisions for Marketing.

§ Provided financial analysis as requested for key divisional projects and programs on a timely basis.

§ Created and implemented a project tracking tool of financial analysis performed including a summary of the

financial impact of the project and documented the solution pursued by the decision-maker.

Consultant

§ Responsible for analyzing and designing financial analysis tools that report and support financial budget

controls for the Office Administration division.

GENERAL ELECTRIC - Commercial Distribution Finance Division 2005 - 2006

Consultant

§ Proposed and instituted best practices to meet current and future treasury management requirements through

the design of funding, cash management and financial currency risk management solutions for vertical

business unit requirements.

§ Supported Sarbanes-Oxley compliance procedures in Corporate Treasury Department.

ASSOCIATED BANK N.A. 2003 - 2005

Treasury Management Director

§ Managed the Treasury Management team of two TM Sales Officers together with direct participation to provide

consultative treasury solutions and cross-selling of the bank’s expertise in trust, private banking and retail.

Individually achieved in excess of $6MM of net deposit growth in 2004.

§ Targeted and capitalized on opportunities to add breadth to the treasury management client base of 150+

target public and private industries and municipalities.

§ Appointed to vital regional liaison role on corporate treasury management leadership team.

ROBERT HALF INTERNATIONAL 2002 - 2003

Consultant - CLARK RETAIL ENTERPRISES, INC.

§ Fulfilled a consolidated role - previously performed by two Senior Treasury Analysts - in treasury management

and cash forecasting services for the Director of Treasury Services to support revenues of $2.6 billion.

Account Executive

§ Recruited senior-level finance and accounting professionals for staff augmentation projects.

§ Delivered numerous presentations on staffing topics, increased corporate visibility and stature within the

business community.

INTERSTATE SCAFFOLDING, INC. 2000 - 2002

Controller

§ Managed monthly accounting close process and issued financial statements for this growing $40 million

company. Responsible for monthly reconciliations and balance sheet analyses.

§ Bank compliance requirements were reported in a timely and accurate manner. Generated and monitored

financial forecast projections to actual cash flow results.

§ Supervised/conducted external audits including: CPA, bank, insurance, and tax audits.

§ Supported CFO with key financial information and ad-hoc analyses.

§ Performed all payroll tax requirements for a $450,000 weekly payroll. Supervised all other federal and state

compliance requirements excluding federal income tax reporting.

§ Managed accounting, payroll, accounts receivable and accounts payable functions.

FIELD CONTAINER COMPANY, L. P. 1999 - 2000

Treasury Manager

§ Directed treasury management operations and improved operating cash flow to support $500

million of annual sales.

§ Managed long-term debt and other borrowing arrangements including: Industrial Revenue Bonds, an

uncommitted credit facility with five U.S. banks short-term debt totaling $120 million and irrevocable letters of

credit. Negotiated all amendments and bank fees.

§ Managed and leveraged effective bank relationships. Compiled/reported quarterly bank financial covenant

compliance results on working capital, tangible net worth, cash flow and equity criteria.

§ Advisor to the Controller and the CFO on financial analyses and special projects.

§ Led cash application team to streamline cash collection cycle across twelve plants.

ZURICH NORTH AMERICA 1992 - 1999

Cash Manager

§ Directed cash management operations handling $3 billion in annual premium with the support of a short-term

investment specialist and cash accountant.

§ Supported the acquisition of the $2.3 billion KFS - Kemper Financial Services and the $1.7 billion Scudder

Investments organizations.

§ Controlled 5 short-term portfolios totaling $125 million.

§ Piloted a global treasury center in London, which effectively converted foreign currencies to US dollars within a

condensed 48-hour transaction time frame.

§ Procured high volume, multi-million dollar security deposits with custodian banks, various state insurance

departments and institutional asset manager.

GENERAL ELECTRIC ORGANIZATIONS

(Formerly, The Signature Group & Heller Financial Inc.)

§ Held various financial management positions including: Senior Financial Analyst, Financial Sales

Representative, Payables Supervisor and Payroll Tax Accountant.

§ Managed seven short-term portfolios totaling $68 million for The Signature Group’s 11 corporations.

§ Spearheaded and implemented custodian bank restructure which resulted in the successful consolidation of

$9 billion in assets and savings in excess of $200,000+.

EDUCATION

MBA Finance - Keller Graduate School of Management

BS Business Administration - Valparaiso University

PROFESSIONAL ACCREDITATION

• Permanent CTP Certified Treasury Professional – Association of Finance Professionals (AFP)

• Completed Level I of the Chartered Financial Analyst (CFA) Program

• Advisory board member for start-up firm, PowerBuy 4 You, since 2010

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