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Treasury Manager

Morrisville, PA, 19067
October 08, 2018

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Nicole E. Avedissian, CTP 215-***-**** Yardley, PA


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.


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



Bachelor of Arts - Major in Economics/Minor in Sociology


Member, Association for Financial Professionals

Philadelphia Association for Financial Professionals (Member since 2013, Treasurer 2015 through 2017)

Member, Philadelphia Treasurers’ Club (2014-2015)


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

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