Management Manager

Douglas Myers, CTP

** ****** ******, ******, ***********, 06468

203-***-****, **********@*****.***

https://www.linkedin.com/in/douglas-myers

SUMMARY

Corporate professional well versed in treasury and cash management. Oversee daily liquidity and electronic funds movement, cash forecasting, bank account services and controls, policy and procedures and administration of treasury workstation. Collaborate with banking, industry specialists and internal stakeholders to facilitate selection, implementation and management of products and services to improve efficiencies, reduce costs and improve earnings. Exhibit excellent communication, technical and analytical skills with ability to handle multiple tasks and prioritize those tasks to meet established deadlines. Key competencies include:

Cash Management Card Initiatives Microsoft Office

Treasury Management Cash Forecasting Online Banking Portals

Request for Proposal (RFP) Analysis Fees Governance Financial Analysis

Short-term Investments Account Administration ICMS FIS Workstation

EXPERIENCE AND ACCOMPLISHMENTS

EMCOR GROUP, INC., Norwalk, CT

Director, Treasury Services, Jan 2010 – Sept 2017

Managed the corporate treasury department for a $7.5B Fortune 500 specialty construction, industrial and building services provider with over 80 business units and approximately 33,000 employees.

Led RFP for comprehensive banking services which resulted in savings of 20.0% in annual fees.

Acted as liaison between business units and banking and treasury service providers to ensure optimal products, services and operational efficiency.

Recently identified over $1.4 million in potential payment card and outsourcing incentives across the organization.

Actively implemented a new Treasury Workstation to improve efficiencies in liquidity oversight, management reporting and bank service fee controls.

Promoted growth and subsequent renewals of purchasing card program, reaping seven figure annual incentives.

Negotiated, reviewed and managed account analysis fees for approximately 250 bank accounts at multiple institutions.

Performed financial analysis for M&A valuation, 5 year strategic planning initiatives, 1 year business plans and goodwill impairment segment projections, serving as basis for exhibits presented to executive management, the board and rating agencies.

Managed short-term investment portfolio and maximized returns in line with corporate policy.

Developed, distributed and ensured compliance to cash management operating policy and controls, in conjunction with internal and external audit oversight.

Compiled international bank account information for annual FBAR filing.

Led transformation of all company card acceptance activity across 50 separate legal entities to one platform, in coordination with industry specialists.

Assistant Director, Treasury Services, Jan 2005 – Dec 2009

Fostered development, supervision and training for direct operational reports.

Managed cash flow forecasting process in collaboration with business unit CFOs at approximately 65 locations.

Drove initiative that optimized collection float process, resulting in annual interest savings of 15.0%, and reduction of banking partners by 60.0%.

Acted as co-administrator for 4 banking web portals, verifying proper assignment of security rights for over 200 users.

Spearheaded design and implementation of a treasury workstation within a six month time frame, including a 90.0% success rate for automatic posting of transactions to the general ledger.

Oversaw $125M short-term CP investment portfolio in order to maximize yield while safeguarding principal of the underlying securities.

Cash Manager, Feb 1998 – Dec 2004

Managed daily liquidity, initiated electronic funds transfers and ensured accuracy of entries to accounting department for month end close.

Processed documentation for the opening, closing and maintenance of bank accounts for approximately 50 separate legal entities, making sure resolutions and authorized officers were accurately recorded.

Coordinated with internal and external resources to improve data collection and departmental reporting processes that resulted in an average time savings of approximately 4 hours per day.

Championed effort to change disbursement providers, resulting in a 30.0% reduction in annual fees.

WORLD COLOR PRESS, INC., Greenwich, CT

Tax Accountant, Feb 1997 – Jan 1998

Prepared and filed sales and use tax returns and assisted in state and federal filings.

Worked on fixed asset project with accounting and finance departments.

SODEXHO SERVICES, INC., Trumbull, CT

Senior Cash Management Accountant, Sep 1996 – Jan 1997

Implemented changes to account structure to achieve a 35.0% reduction in annual fees

Leadership and management of 3 staff accountants.

Cash Management Accountant, Sep 1995 – Aug 1996

Performed bank reconciliation and item resolution for approximately 60 retail locations.

Served as backup for Accounts Payable Manager.

EDUCATION

Sacred Heart University, Bridgeport, CT

Master of Business/Finance, Dec 2004

Bryant University, Smithfield, RI

Bachelor of Science/Accounting, Sep 1993

PROFESSIONAL AFFILIATIONS

The Association for Financial Professionals

Certified Treasury Professional

Fairfield County Chapter of The Association for Financial Professionals

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