Manager Management
Resume:
K. Scott Garnett
Annandale, VA 22003-5814
USA
Home phone: 703-***-****
E-mail: *********@***.***
Executive Summary:
Decisive, performance-driven Senior Treasury Manager with a proven track
record. Over 15 year's government contracting experience. Ability to
leverage expert business, functional, and technical acumen to establish
forward-thinking processes and drive enterprise-wide improvements in
operational effectiveness. Certified Treasury Professional credential since
2002. Proficient in the use of various software packages including MS
Office 2013, PeopleSoft, Dispatch 1, JIT, Vertex, Computershare, Equity
Edge, and SunTrust and Wells Fargo proprietary treasury management
platforms.
Specialties:
AR Management in both consumer and commercial collections, Treasury
Management, Credit Facility Negotiation and Oversight, Short Term Borrowing
and Investing, Cash Flow Forecasting and Control, Corporate Card Program
Governance, Electronic Commerce, Equity Plan Administration, Compliance,
Relationship Management.
Experience
GTSI Corp (acquired and taken private 2012 as UNICOM Government, Inc.) -
Herndon, Virginia
Sr. Treasury Manager 1996 to 2011
GTSI was the largest reseller of computer products to the Federal
government.
Duties and Achievements:
Managed cash operations for a $750 million a year public company.
Wrote, designed and produced company's corporate card program policy and
procedures.
Interviewed, hired and supervised six employees, scheduled work hours,
resolved conflicts, determined salaries.
Directed workers engaged in preparation of borrowing base certificates and
movement of excess cash to investment vehicles.
Instrumental in negotiating company's $165 million line of credit.
Established policies and procedures for company's stock plan program.
Prepared financial and regulatory reports required by law for 10q and 10k
regarding stock plan program.
Recommended securities to board and corporate officers. Managed investment
portfolio topping $40MM.
Prepared monthly financial reports for delivery to bank syndicate.
Consolidated company's four banks and lockboxes into one with significant
annual savings on account analysis fees.
Spearheaded task force to reduce effective credit card rate from 2.27% to
1.60%, a 67 basis point reduction on $95 million in credit card sales per
year.
Negotiated a 3-day funding delay reduction with credit card processor.
Implemented EDI file transmission for ACHs and credit card settlements for
direct interface with PeopleSoft cash applications allowing a staff
reduction from 6 to 4 by attrition.
December 2010 received final payout totaling $113K on claim filed in Visa
Check/Master Money Antitrust Litigation.
Awards:
Recipient of GTSI's highest "Deliver Plus One" Award on June 15th 2006, for
being instrumental in closing the company's new $135MM credit facility and
removing "going concern" language from outside audit after previous credit
facility was terminated.
In 2008 named a "Platinum Club" awardee earning a trip to Panama for
negotiating terms and conditions for an improved credit facility with
another lender.
Selected for first class and in April 2009 was the first candidate to
graduate from the company's brand new 14-month long Leadership Management
Certificate (LMC) program.
Received a 10% base salary increase and 8% Board Bonus for the preceding
accomplishments in Q1 2011.
In March 2011 received another bonus for achieving the, never before done,
record of keeping the company out of the credit line for two consecutive
years.
Savin Corporation - Rockville, Maryland
Credit/Collections Manager 1994 to 1996
American subsidiary of Ricoh Americas Corporation.
Duties and Achievements:
Managed federal AR and established close working relationships with
government payment offices.
Trained and managed five employees and achieved significant improvements in
their productivity.
Identified process problems in billing that allowed for a 10 day decrease
in DSO.
Demonstrated skip-tracing technique to staff of contacting State
Corporation Commission for tracking down out-of-business companies who
retained our copiers.
Wrote a flip-chart of Dispatch 1 procedures which was adopted by senior
management as a staff training tool.
Security Pacific / Bank of America - Lanham, Maryland
Regional Manager 1981 to 1993
Duties and Achievements:
Managed regional consumer bad debt recovery center covering 32 states.
Trained and managed 20-person staff engaged in direct collections, skip
tracing, and litigation and bankruptcy review and follow up.
Doubled collections from $1.8 million in 1988 to $3.6 million in 1992.
Awards:
Named one of six most successful managers among 400 across the nation in
1985.
Letter of commendation from President Ronald Reagan in 1986 for achieving
Security Pacific's Service Center Manager of the Year for five consecutive
years.
Two feature stories in company magazines highlighting my regional office
operation 1983 and 1987.
Education:
Northern Virginia Community College -- Annandale, Virginia
AS Business Administration -- graduated cum laude.
Northern Virginia Community College -- Annandale, Virginia
AS Education -- graduated cum laude.
Virginia Polytechnic Institute and State University - Blacksburg, Virginia
License: Certified Treasury Professional, 2002.
Contact this candidate