Accounts Payable North America

MICHELLE THOMPSON

PROFESSIONAL SUMMARY

Experienced and successful Treasury professional with a strong focus on process improvement and a keen ability to troubleshoot and solve problems. Proficient in utilizing treasury workstations such as Kyriba, Quantum, and Trax. Recognized as a flexible team player, analytical thinker, and problem solver. Documented strengths lie in building and maintaining relationships with diverse stakeholders in dynamic, fast-paced environments. Poised to contribute to team success and achieve positive results. Ready to tackle new challenges and advance organizational objectives with dedication and enthusiasm.

WORK HISTORY

Senior Manager, Treasury, 11/2021 to 09/2024

AdaptHealth - Plymouth Meeting, PA

Collaborated with Treasurer and Treasury Manager to build the Treasury department

Developed, monitored, and analyzed six-month cash liquidity forecast

Completed RFP and managed implementation of Treasury Workstation, Kyriba

Completed weekly, monthly and quarterly cashflow variance reviews

Completed current day cash position and reconciled prior day cash daily

Completed updates to Company bank signatory, or other bank documentation, as needed and served as primary Company contact for any bank initiated regulatory reviews/needs

Managed the company's initiative to migrate to a global banking platform with one provider and reduced banking partners from 90 to 34 over a three-year period

Treasury lead for integration of 9 acquired entities

Collaborated with Accounts Payable and Vendor Management on a weekly basis to identify gaps between Treasury forecast and actual payment files

Assisted with implementation of ERP, Oracle

Approved Accounts Payable payment runs in Oracle twice a week

Processed manual foreign vendor payments and intercompany transfers on as weekly basis

Effectively worked with and supported internal business partners including Revenue Cycle Management, Accounts Payable, Legal, Tax, and IT on projects/other ad hoc requests

Reconciled Revenue Cycle Management deposits to Treasury deposits monthly

Reconciled monthly interest expense schedule

Ensured day-to-day Treasury and banking needs for all company entities were met and managed company cash management banking relationships

Responsible for the oversight and review of SOX compliance within the department; ensured proper controls existed over cash receipts, disbursements and general Treasury activities

Treasury lead for all internal and external audits/auditor requests

Updated controls, policies and narratives as needed

Implemented and developed operational standards, policies and procedures

Strong technical knowledge of bank products and services

Assisted internal customers in resolving problems when needed

Assistant Vice President, North America Treasury Operations, 10/2016 to 11/2021

Chubb - Philadelphia, PA

Directed all aspects of daily operations for North America Treasury to maintain an average target balance of $500M

Forecasted North America cash needs in conjunction with other Global Treasury Regions on a daily, weekly, monthly and quarterly basis

Lead a team of 9 Treasury professionals, who managed over 500 bank accounts in 15 different currencies and processed over 10K payments annually

Oversaw the daily management of the global notional pool activity

Maintained a close working relationship with 20 banking partners

Worked closely with Head of Treasury Operations and various Claims teams to implement processing of electronic fund transfers from claims systems, Trax

Transitioned 10K manual payments from Treasury to Accounts Payable

Reduced quarterly intercompany settlement preparation process by 50%

Integrated all cash management activities into North America from Canadian entities

Assisted with integration of cash management activities into North America for Chubb acquisition

Provided ongoing banking structure review to determine if bank accounts could be repurposed or closed

Collaborated with VP of Claims to implement funding of Third-Party Administrator bank accounts

Managed reporting for monthly interface process

Identified and implemented process automation opportunities that streamlined daily activities for Cash Management Analysts and Treasury Operations Analysts

Reviewed daily bank reconciliation explanations and implementation of proposed rules, which eliminated entry of 20K manual entries in Treasury Workstation (Quantum)

Approved global and domestic electronic disbursement payments, including FX payments

Worked closely with all team members to provide guidance and expertise

Assisted internal customers in resolving problems when needed

Senior Manager, North America Treasury Operations, 10/2015 to 10/2016

Chubb - Philadelphia, PA

Managed team of 9 Treasury professionals charged with ensuring all aspects of daily tasks for North America Treasury were accurately completed on a timely basis

Performed daily / weekly global liquidity reporting

Prepared a schedule, advising how over 200 intercompany settlements should be processed on a quarterly basis

Manager, North America Treasury Operations, 03/2015 to 10/2015

ACE - Philadelphia, PA

Senior Financial Analyst, 03/2013 to 03/2015

ACE - Philadelphia, PA

Performed audits of authorized users on bank platforms managed by Global Treasury

Directed online bank administration, including acting as Security Administrator on multiple platforms

Reviewed and negotiated master agreements for 20 banking partners in conjunction with AVP of Treasury Operations and Chubb Legal representative

Initiated, updated and maintained bank documentation for over 500 bank accounts utilized by organization, to ensure Treasury Operations could complete all cash management activities as needed

Coordinated daily update of global notional pool activity to be utilized by Treasury Operations for cash forecasting

Participated in various ad hoc projects related to North America Treasury

Financial Analyst, 04/2011 to 03/2015

ACE - Philadelphia, PA

Treasury Analyst, 05/2006 to 04/2011

Universal Health Services, Inc. - King of Prussia, PA

Ensured all aspects of daily tasks for Treasury were accurately completed on a timely basis

Prepared daily / monthly treasury journal entries and upload into McKesson G/L System

Completed current day cash forecasting, reconciled prior day cash, created daily cash report for distribution to senior management

Performed 9 bank reconciliations

Facilitated opening and closing of bank accounts for all behavioral health facilities

Served as back up for Universal Health Income Realty Trust Treasury Analyst on as needed basis

Assisted facilities with completion of monthly bank reconciliations

Project leader for implementation of SunGard software upgrade

EDUCATION

Masters Business Administration (MBA), 01/2012

Eastern University - Radnor, PA

Honoree of Summa Cum Laude

GPA: 3.87

Bachelor of Arts (BA), Psychology, 01/2001

Pennsylvania State University - State College, PA

CONTACT

Address: West Norriton, PA 19403

Email: *******@*******.***

WEBSITES, PORTFOLIOS, PROFILES

http://www.linkedin.com/in/michelle-thompson25

SKILLS

Project Management

Cash Forecasting

Cash Management

Accounts Payable

Troubleshooting and problem resolution

Data-driven decision-making

Documentation and Reporting

Team Leadership

Process Improvement

Training and Development

Relationship Building

Positive Attitude

Problem-solving abilities

Reliability

Teamwork and Collaboration

Contact this candidate