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Management Manager

7059, United States
May 26, 2010

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May Lee

* ********** ** ******, ** ***** Mobile: (908) ***-****

Treasury Professional

Performance-driven, insightful Treasury Manager with a proven ability to achieve and exceed all business cash goals in high-pressure environments. Expertise in all areas of treasury operations; with key strengths in providing leadership in planning, designing, maintaining, and executing processes that facilitate financing strategies related to cash management, capital market activity, funding strategy and liquidity management.

Professional Experience


Assistant Vice President - Treasury (2009 to Present)

Structure and implement cash management procedures, develop and maintain banking relations, provide treasury accounting support, production of departmental metric reporting and enhance operational controls and bottom-line performance.

1. Responsible for the day-to-day treasury cash management function/system, inclusive of managing multi currency and multi legal entity cash positing, executing funds transfers, and other funding necessary to balance company’s daily cash position to ensure adequate liquidity and maintaining bank reporting systems and the banking database.

2. Responsible for reviewing, documenting and maintaining treasury procedures and internal controls; drive continuous process improvement on new and existing initiatives and special projects across business units to further enhance control environment and simplify processes.

3. Maintain banking relations, have extensive contact with banks and bank’s representatives, serve as operational bank relationship liaison. Perform bank account opening/closing, updating banking resolutions and signatories.

4. Implement all cash management systems through banking relationships, including monitor all bank fees in order to minimize costs and maximize services levels.

5. Remain current on new banking regulations, standards, and treasury best practices to make informed recommendations to senior management concerning the implementation of strategic operational changes.

6. Provide daily production of Restricted Cash Reporting and Investment Risk Exposure Report to senior management.

7. Maintaining PeopleSoft Accounting System, inclusive of uploading daily journal entries, preparing month-end closing journal entries, reconcile monthly entries for the cash parent account and balance the general ledger account to bank statement, assign appropriate general ledger cash accounts to bank accounts and modify or inactive closed cash accounts.


Treasury Manager - Treasury (1999 to 2009)

Lead and managed the company’s liquidity requirements by ensuring daily cash positions are maintained and cash flows are executed efficiently and within company policy. Provided consistent leadership, developed professional staff, emphasizing depth, teamwork and communication.

1. Administrated cash management function; inclusive of overseeing funds transfer activity and funds concentration, ensuring timely disbursement of funds, monitoring 100+ bank balances, reviewing daily reconciliations of cash activity, providing liquidity forecasting analysis, management of bank relation, identifying opportunities to streamline cash concentration and investing excessive cash or initiating short term borrowings to ensure business requirements and objectives are adequately met.

1. Pro-actively managed SunGard XRT/TWS Treasury Workstation implementation, including of design worksheets, system issues and general ledger integration support, continuous integration of new acquisitions into our cash management operations, setup new or updated BAI coding to improve existing processes by 50% and reduced manual processes by 90%.

2. Provided US Cash Management monthly performance reports, which include inter-company loan schedules, divisional liquidity reports, monthly cash management performance metrics, bank balance interest cost analysis, and the bank balance risk exposure report.

3. Supported Treasurer in managing the business’ balance sheets through the preparation and analysis of high level and detailed liquidity forecasts, identifying risks and opportunities.

4. Documented and maintained treasury procedures and internal controls; lead cross-functional teams to provide value-added business support, drive continuous improvement initiatives and special projects across business units to further enhance control environment and simplify processes.

5. Designed, developed and maintained financial model to manage the cash flow analysis that provided senior management with detailed, weekly of receipt/disbursement as well as monthly, including forecasting, reporting and analyzing company requirements and results.

6. Maintain all required bank accounts and authorized signatories; standardize and streamline bank account closing and opening documentation.

7. Managed treasury operation’s budget process including compiling monthly financial information and provided senior management with written commentary of all significant variances over forecast.

8. Maintained process controls; inclusive of Business Contingency Plans, Sarbanes Oxley and compliance with company policies and procedures.

Previous Employment


Senior Treasury Analyst - Treasury

Key team member in the cash management group with extensive knowledge in Custody Services, and provided primary liaison between brokerage community, front office and custodian banks. Prepared daily cash management activities and managed daily cash flows for the bond and equity portfolios totaling $3.5 billion in assets. Designed forecasting tools, investigated all cash discrepancies and tracked cash flows throughout the day to determine end-of-day cash positions to maximize investable funds, minimize overdraft and to eliminate idle bank balances.


Supervisor/Manager – Financial Accounting and Controls Division

Provided Corporate Controller Department with accurate and timely financial statements for the Offshore Branches for final consolidation. Analyzed and prepared timely account receivable, payable and general ledger transactions for month-end closing to ensure achieving effective reporting goals, in compliance with US GAAP and audit requirements.

Education and Training

Bernard M. Baruch College, City University of New York

Degree: Bachelor of Business Administration Finance 1982

Computer Skills

Proficient with Microsoft Office System (including Microsoft Word, Microsoft Excel, Microsoft PowerPoint®, Microsoft Access and Microsoft Outlook®), Bloomberg System, JP Morgan Chase E-Serve, JPMorgan Chase Access, Chase Insight and SunGard XRT/TWS Treasury Workstation.

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