Management Financial Analyst
Resume:
LUCIANNE ROMANO
Brentwood, CA 94513
Mobile: 925-***-**** **************@*****.***
**************@*****.***
SUMMARY
An accomplished corporate treasury professional with over twenty years experience with Fortune 50
companies. Extensive expertise in treasury systems and processes. A self-motivated individual with a
strong sense of responsibility and commitment to excellence. Solid interpersonal skills in communicating
key data to employees, customers and suppliers. Experience in:
Cash Flow Forecasting and Positioning Treasury System Implementation/Upgrades
Funds Transfer Execution/Automation SAP/Treasury System Interfaces
Process Documentation/Emergency Plans SWIFT Implementation for Balance Reporting
PROFESSIONAL EXPERIENCE
CHEVRON CORPORATION, San Ramon, California
(formerly ChevronTexaco Corporation)
Financial Analyst, Banking and Money Markets 2002-2010
2002-2010
Supported all aspects of Corporate Treasury activities including cash and operating liquidity management
in addition to short-term debt management. Oversaw daily cash operations with daily cash flows of $1-
1.5 billion. Close working relationship with Money Markets Group providing daily net corporate cash
funding investment or redemption requirements.
• Managed U.S. corporate cash position which included over 100 accounts with five major U.S.
banks. Prepared cash flow forecasting projections for current and next month, with daily updates
based on data received from various internal departments.
• Reviewed daily balances and overnight investments for all U.S. banks – during first year of
merger realized a reduction of 80% and within three years total average balances were reduced to $2
million resulting in best performance since metric was developed in 1998.
• Implemented cash forecast module, eliminating manual process and creating ability to track
recurring cash transactions, improve maturity management of commercial paper program and utilize
historical transactions as basis for determining monthly cash flows resulting in higher degree of
accuracy.
• Monitored and analyzed daily cash activity, identified and implemented various system and cash
management process improvements resulting in numerous cost reductions, based on respective
investment rates and bank service fees:
• Unocal acquisition: eliminated investment services, $6,000 annual savings; increased
daily balances by $5.6 million and reduced wire transfer costs with improved cash concentration
processes, additional annual investment income of $300,000 and $3,000 savings respectively.
• Accelerated ACH funds concentration for credit card operations, reducing daily balances
by $5.6 million, additional annual investment income of $290,000.
Lucianne Romano 925-***-**** Page 2
Financial Analyst (cont.)
• Identified missing account transactions, $10 million increased monthly balances realizing
additional annual investment income of $18,000.
• Eliminated bank reporting files for legacy-Texaco bank, $47,000 annual savings in bank fees.
• Implemented various drawdown wire agreements, reducing costs per wire, $2,600 annual
savings.
• Recommended 40% reduction in number of daily electronic files, $12,000 annual savings.
• Identified value date error for a $150 million MMS payment $16 million tax payment,
additional investment income of $50,000 and $9,300 respectively.
• Identified lockbox issue for two partnership companies for $30 million monthly check
deposit, lockbox schedule adjusted, and additional investment income of $52,000.
TEXACO INC., White Plains, New York 1988-2002
Financial Analyst, Cash Management
Managed bank operations desk, determining daily cash funding/investment requirements to maintain
minimal bank balances and ensuring successful execution of automated wire payment system through
continual training of remote locations.
• Transitioned all Texaco treasury activities during Chevron merger, including bank account
structures, cash flow processes, investment and letter of credit activities.
•
Developed, tested and implemented interface between treasury system and SAP for wire payment
processing, bank acknowledgment reconciliation and general ledger cash sweeping.
•
Analyzed automated monthly account analyses process utilizing electronic bank files and internal
system to identify pricing/volume variances.
•
Handled letters of credit operational/administrative responsibilities for all company entities.
Financial Representative, Money Markets
Managed commercial paper program reviewing daily financial market information and economic
indicators as a basis for determining daily investment rates; worked closely with investment customers to
ensure both the investors’ and company’s goals were met. Determined daily investment activities for
several partnership and affiliate companies.
ADDITIONAL RELEVANT INFORMATION
Guest speaker at annual vendor meeting of treasury professionals
Treasury presentations to operating, accounting and credit groups
Corporate treasury recognition awards
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