Douglas C. Morr Home Telephone 314-***-****
***** ******** ***** **** ***** firstname.lastname@example.org
St. Louis, Missouri 63146
Accounting professional with extensive cash management/treasury experience who brings a broad knowledge of banking products and services as well as accounting concepts and practices. An individual with a proven record of trustworthiness in the administration of company assets and the ability to be creative and flexible in a changing work environment.
THE ESAB GROUP, INC/VICTOR TECHNOLOGIES INTL, INC January 1987-present (formerly Thermadyne)-Chesterfield, MO. 63017
Cash Management Supervisor August 1996-present
Executed daily bank activity inquiries from domestic and Canadian banking partners to determine and report daily cash position to senior management, and prepare daily and monthly banking and cash management reports.
Executed the movement of funds domestically and internationally.
Accumulated daily documentation of cash transactions to include required management approvals.
Monitored foreign currency rates to provide cost effective use of company funds on FX transactions.
Developed and maintained funds transfer instructions within bank databases.
Managed bank relationships and security administration over company employee access to bank services.
Intervened on behalf of company employees to troubleshoot bank service issues.
Researched transactions such as returned payments to resolve problem issues.
Monitored check exception items to support positive pay systems.
Monitored monthly bank fees and searched for opportunities to reduce fees.
Managed monthly borrowing base calculation process with domestic, Canadian, European and Australian controllers in GE Capital $60M asset based loan facility.
Calculated and reported daily cash availability to senior management under borrowing base facility.
Maintained documentation and monitored fees for letters of credit.
Worked with Bank of America CashPro, U.S. Bank SinglePoint, JPMorgan Access, Cambridge Online, Tempus Primus, Microsoft Excel, Microsoft Word, JD Edwards, and SAP (CCRS) systems.
Recommended and spearheaded the transition to new domestic and Canadian banks saving the company $150k annually in bank fees.
Negotiated foreign currency rate levels with fx providers saving the company $164k in 2015 compared to previous bank foreign currency rates.
Developed Excel cash forecasting template for use with domestic and international controllers to consolidate monthly cash forecast data.
Used cash forecast results to make recommendations to senior management regarding the movement between prime loan and LIBOR loan portions of borrowing base facility to minimize interest expense.
Coordinated introduction of MXN forward contract process to simplify funding for Mexican subsidiary operations.
Managed the transition to new banks (seven domestic, two Canadian) in leverage buyout environment.
Staff Accountant January 1987-August 1996
Executed daily bank activity inquiries to complete daily and monthly banking and cash management reports.
Prepared bookings/billings/backlog reports, monthly consolidating income statements, balance sheets, cash flow statements, product line statements, comparative income statements, related board of director statements, sales commissions, and related sales management reports.
Oversaw the completion and maintenance of bank documentation including signing authority and signature card documents.
Supervised the process of converting vendor payments from paper checks to more secure and cost effective ACH payments.
Led the transition of automating the accounts payable function by developing an EDI transmission payment process with domestic and Canadian banking partners to free up payables associates to concentrate on core responsibilities.
1977-1987 Held accounting positions such as Accountant at Gaylord Container Ltd-St. Louis, MO, Accounts Receivable Clerk at Nordson Corporation-Anderson, SC, Collections Manager at Associates Financial Services-Mauldin, SC, and Assistant Controller at Lubbock Hilton Inn-Lubbock, TX.
CLEMSON UNIVERSITY, Clemson, South Carolina
6 hours of accounting and computer courses in non-degree graduate program.
UNIVERSITY OF MISSOURI-ST. LOUIS, St. Louis, Missouri
B.S. in Business Administration (Major: Accounting)
AMERICAN CHRISTIAN COLLEGE, Tulsa, Oklahoma
Studies included 27 hours of accounting courses (Financial, Managerial, Cost, Tax, Auditing, Intermediate and Advanced Accounting), and 34 hours of business administration courses.