Nicole E. Avedissian, CTP
ac7bhd@r.postjobfree.com 215-***-**** Yardley, PA
PROFESSIONAL SUMMARY
Experienced Treasury professional with extensive knowledge in Treasury and Corporate Finance including cash management, cash forecasting, debt and liquidity management, interest rate risk, fx, hedging, reporting and analysis, bank account management, relationship management, capital markets, and process improvement.
SELECTED PROFESSIONAL EXPERIENCE
TRAC INTERMODAL, Princeton, NJ May 2016 - Present
Treasury Manager
Responsible for forecasting, analyzing, reporting on, and accounting for all aspects of Treasury and debt management, as well as for providing upper management with integral financial insight that is necessary to make strong, sound financial decisions
Direct cash management activities including forecasting and liquidity management, debt and interest payments, and investments; interact with various departments to sharpen insight into corporate funding requirements
Reduced interest expense by modeling a detailed rolling cash forecast to improve debt and liquidity management
Streamlined bank account structure by eliminating 43% of company’s bank accounts and setting up zba structures to allow for greater control and use of cash; maintained master bank account inventory
Collaborate with FP&A to analyze and reconcile cash flow forecasts to actual spend, thus optimizing utilization of cash resources, especially as relates to capital expenditures
Orchestrated the seamless migration of all bank reporting, cash management, and cash accounting operations for Oracle ERP implementation which included designing corporate debt and interest schedules post-conversion
Manage various debt instruments, determining borrowings and executing reporting and covenant compliance for a $1.3B ABL credit agreement, a $190mm non-revolving credit facility, and various lease and loan agreements
Carry out month- and quarter-end Treasury closings which include interest, debt, intercompany, and accrual accounting and journal entries, cash account reconciliations, interest rate and debt reporting, interest rate cap and swap MTM calculations, derivative hedge effectiveness testing and accounting, and various additional month-end and quarter-end analyses
Prepare the monthly Treasury dashboard for the company’s senior management team
Monitor and enforce adherence to Treasury policies and procedures as well as serve as the Treasury point-person for internal and external SOX compliance audits and FBAR reporting
Maintain all treasury systems, serve as administrator on all online banking platforms, and foster positive bank relationships to ensure optimal pricing and services
CHURCH & DWIGHT CO., INC., Ewing, NJ October 2014 - May 2016
Senior Treasury Risk Analyst
Provided advanced levels of analyses and reporting and made recommendations relating to maintaining efficient and cost effective Corporate Finance and Treasury functions
Managed the company’s $500mm commercial paper program which included monitoring outstandings, determining issuances, ensuring competitive pricing, and adding new CP dealers to the program
Worked to standardize international fx exchange policies and practices to minimize the company’s global exposure and ultimately centralize hedging operations
Supported due diligence on potential acquisitions and served as Treasury point-person during domestic and international acquisition integrations; included global bank account set ups and management
Assisted with credit agreement negotiations, bond issuances, swap transactions, strategic funding planning for acquisition financing, credit rating agency presentations, and Treasury policy reviews and updates
Prepared month- and quarter-end reporting which included average debt rate, WACC, interest accruals, hedging positions (MTMs, fair values, weighted average rates), and credit facility covenants
Monitored interest rate swaps to verify rate resets, counterparty payment calculations, and all transaction details
Provided comprehensive cash management backup support for cash forecasting, domestic and international payments, general ledger updates, cross currency trades, journal entries (daily, monthly, quarterly), bank website administration, and bank account administration
Managed banking relationships with the company’s domestic and international banking partners
Served on cross-functional teams to launch both payable and receivable supply chain finance programs
Prepared monthly, quarterly, and as needed financial presentations for various corporate-wide meetings
Nicole E. Avedissian, CTP (page 2 of 2)
CARDONE INDUSTRIES, INC., Philadelphia, PA May 2012 - October 2014
Cash Manager
Assumed responsibility for all aspects of the company’s cash forecasting and management and worked with other key members of the company to ensure optimal efficiencies among all areas of the Finance department
Built and maintained cash forecasting model for use in operating cash flow decisions; presented a weekly cash flow projection and variance report to senior management
Performed quarterly current and projected earnings and debt calculations to ensure compliance with bank covenants
Executed borrowing decisions for multiple tranches based upon analysis of short-term cash inflows and outflows
Circulated Treasury flash report highlighting critical funding, receivables, and payables performance indicators
Prepared month-end reporting, journal entries, and interest accrual calculations
Contributed as a key member on a cross-functional team to set up an AP supply chain finance program
Transacted foreign currency exchanges to meet the company’s international funding needs
Administered the company’s Documentary collections program
Monitored bank and cash flow activity to prevent overdrafts and fraud and ensure optimal funding position
Served as administrator and payment authorizer on all company banking portals
COPELCO CAPITAL, Mahwah, NJ 1997 - 2000
Securitization Consultant (1999 - 2000)
Managed the corporate relocation and integration of Mt. Laurel Treasury Finance operations, ensuring seamless continuity of daily processes while training new employees during the company’s final operational adjustments
Streamlined business practices for the newly consolidated Treasury Finance Department
Composed comprehensive documentation detailing procedures for securitization activities and reporting
Treasury Finance Analyst (1997 - 1999)
Managed securitization servicing report process for commercial business subsidiaries, including the execution of domestic and international takedowns, commercial paper pricing comparisons, and multi-million dollar swap amortization schedules
Furnished analytical credit overview for a $10mm B-Note securitization investment acquisition
ADVANTA CORP., Spring House, PA 1994 - 1997
Corporate Finance Analyst, Capital Markets
Developed peer group models for benchmarking against competitors; incorporated profitability, asset quality, capital, operating performance, funding, and leverage studies
Liaised with rating agencies, furnishing them with quarterly financial summaries and yearly presentations
Prepared various corporate-wide presentations for internal and external customers
Financial Analyst, Treasury Finance
Developed Treasury’s operating expense model; orchestrated Treasury expense forecasting/planning process
Tracked historical and projected performance indicators for the company
EDUCATION & OTHER INFORMATION
BUCKNELL UNIVERSITY, Lewisburg, PA
Bachelor of Arts - Major in Economics/Minor in Sociology
CERTIFIED TREASURY PROFESSIONAL
Member, Association for Financial Professionals
Philadelphia Association for Financial Professionals (Member since 2013, Treasurer 2015 through 2017)
Member, Philadelphia Treasurers’ Club (2014-2015)
TECHNICAL SKILLS & APPLICATIONS
Microsoft Excel, PowerPoint, Word, and Outlook, SunGard (FIS) AvantGard Treasury, Kyriba, ChathamDirect, Thomson Reuters FXall, SAP, Oracle, Bloomberg, Multiview Financials, ABT Project Workbench, IBM AS/400, Bank of America CashPro, HSBCnet, PNC Pinacle, PNC Capital Markets, JPM Access, US Bank SinglePoint, Regions OnePass, Regions Commercial Card, RBC Express, Banco Santander, TD Bank, Citizens CentreSuite, BB&T web portals