John Anthony Clancy

** ******* *****, **********, ** 06877, USA

203-***-****

adik5v@r.postjobfree.com

SUMMARY OF QUALIFICATIONS:

• Two years as CFO of school system with 90 schools, 3,000 employees and 24,000 students

• Three years ‘Big 4’ treasury consulting: assessments, transformations, designs, cash management and governance

• Seventeen years IBM Treasury Operations project management, front office, middle office, compliance and accounting

• Extensive experience in financial management, accounting and finance

• CTP, CPA, MBA, Law degree

WORK EXPERIENCE:

Dec. ‘18 – June ‘19: Newell Brands (CorTech consultant, Hoboken, New Jersey)

Foreign Exchange Manager

Manage balance sheet and anticipated cash flow hedge accounting programs from exposure analysis through execution, settlement and accounting using FX forwards on Kyriba and SAP with banks and business units

Identify, recommend and implement cost saving process improvements that increase efficiency and control

Maintain and update policies and procedures and manage internal and external audit deliverables

Jan. ‘17 – Nov. ‘18: Archdiocese of New York, (New York City)

Managing Director of Financial Operations, Global Regional School System

Led a staff of 60 managing tuition, employee payroll, accounts payable, treasury, budgeting, audited financial statements and Pre-K for All service provision to New York City and New York State

Mar. ‘14 – Jan. ‘17: Ernst & Young LLP, (New York City)

Manager, Global Treasury Services

Advised global clients on all aspects of treasury management including financial and insurance risk management, global cash and liquidity management, bank relationship management, treasury organizational structure, technology selection and implementation, treasury integration and carve-out support, debt and investment management, regulatory matters and related functions processes, controls, and policies. Engagements included:

Cash management and treasury transformations at large corporations and a network of professional firms designing and documenting processes to implement SAP Treasury and reduce FTEs and bank fees

Risk management review at insurance company resulting in better understanding of risks and alternatives

Treasury internal audit reviews and treasury policy and SOx process drafting at global manufacturers and

Feasibility study at a global development organization

Dec. ‘06 – Mar. ‘14: IBM Corporate Treasury, (Armonk, New York)

Global Treasury Transformation Manager (May ‘11 – Mar. ’14)

Transformed processes by implementing Wall Street Systems and SWIFT in Europe, Asia and Latin America

Facilitated closure of bank portals and replacement of spreadsheets leading to FTE and bank fee reductions

Tested upgrades from dealing through settlement and accounting and migrated thousands of structured trades

Automated the accounting for all IBM treasury activities worldwide

Established Dodd Frank and EMIR derivative reporting

Foreign Exchange Deal Specialist (Dec. ‘09 – May ‘11)

Managed hedge accounting programs by monitoring FX markets and managing stakeholders’ relationships

Analyzed underlying exposures and evaluated alternative hedging strategies to determine courses of action

Recommended appropriate instruments, priced securities, and negotiated terms with external counterparties

Developed, documented and executed hedging strategies to protect against changing foreign exchange rates

Global Treasury Controls Lead (Dec. ‘06 – Dec. ‘09)

Led treasury controls as part of the global team managing financial and insurance risk management

Standardized, centralized and automated treasury processes globally reducing bank account access points resulting in substantial FTE and bank fee reductions

Identified and resolved weaknesses in controls and processes using control assessments

Co-ordinated quarterly SOx process and internal and external audits globally

Jul. ‘97 – Dec. ‘06: IBM Treasury Center, (Dublin, Ireland)

Director

Dutch and Irish holding companies.

Dealer (Sep. ‘06 – Dec. ‘06)

Concentrated global IHB cash positions daily and funded payment factory and global multilateral netting

Invested surpluses in money markets and executed foreign exchange trades with external bank counterparties

A/R Factoring & IT Manager (Jan. ‘06 – Sep. ‘06)

Managed the accounts receivable factoring programs and the IT department

Chief Accountant (Jan. ‘03 – Jan. ‘06)

Managed the US GAAP and local statutory accounting processes for all non-US treasury entities

Restated the foreign currency transactions of Corporate treasury on JDE (PeopleSoft/Oracle) ERP

Automated, upgraded (from AS/400 to One World) and maintained IBM’s multicurrency ledger

Managed the line of business reporting process and supervised the accounting team

Compliance Officer (Jan. ‘01 – Jan. ‘03)

One of a three part management team of a large treasury center ensuring cash optimization and risk mitigation

Led the control function with responsibility for front, back, middle office and accounting processes

Migrated cash positioning activities from affiliates to treasury centers leading to FTE and bank fee savings

Managed all IBM’s bank accounts ensuring closure of hundreds of unnecessary or inactive bank accounts and relationships and bank fee savings of hundreds of thousands

Treasury Consultant (Jun. ‘97 – Jan. ‘01)

Expanded the center by migrating cash concentration for affiliates and insurance captives from external banks

Negotiated bond documentation, ISDAs, factoring agreements, loans and structured transactions

Managed process and technology changes including conversion of all legacy currency transactions to euro

Established derivative reporting to handle FAS133 and other regulatory requirements

Managed software changes, payment line maintenance and board of directors’ meetings

System administrator on treasury management, JPMC portals, trade input and confirmation systems

Bank signatory for several IBM subsidiaries

Sep. ’96 – Jun. ’97: IBM, (Mount Pleasant, New York)

Advisory Accounting Analyst

Lead Balance Sheet and Industry accountant for IBM Latin America

Mar. ’94 - Sept. ’96: Mitsubishi Imaging, (Rye, New York)

Accounting Manager

Managed the accounting department including general ledger, A/R, A/P, inventory and taxation

Reconciled cash and subsidiary ledgers, compiled financial statements and supervised accounting team

Nov. ‘92 - Feb.’94: BDO, (formerly Salibello & Broder), (New York City)

Accountant

Audited, compiled and reviewed the financial statements of corporations and financial institutions

Monitored compliance of Entertainment companies to Union Pension contracts and prepared tax returns

Jul. ‘89 - Apr. ‘92: Bank of Ireland, (New York City)

Accountant

Managed the monthly close, maintained the general ledger and reported by line of business

Verified profitability from interest income, futures, FX, FRAs, interest rate swaps and securities

Dec. ‘88 – Jun. ‘89: Thomas Hill & Co., (Cork, Ireland)

Accountant

Managed accounts receivable, payable, general ledger postings and compiled trial balance

Jun. ‘88 - Dec. ‘88: State Street Bank, (North Quincy, Massachusetts)

Account Controller

Monitored cash, processed securities and maintained custodian records for several large mutual funds

EDUCATION:

Fordham University, NYC - MBA

Concentration in accounting (G.P.A. 3.8) 1992

Dublin City University (DCU), Dublin - Professional Diploma in Accounting

Intensive graduate conversion course for non-accounting graduates 1987

University College Cork (UCC), Cork - BCL (Law) Degree

Qualified as an entry level attorney in Europe and eligible to sit the New York State bar exam 1986

PROFESSIONAL AFFILIATIONS:

AFP/CTP, CPA, Finalist of the Chartered Association of Certified Accountants.

Elected to Beta Gamma Sigma.

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