Treasurer

SUSAN S. STEEL

*** **** ****** *****, **********, GA 30022-7594

678-***-**** • ***@******************.***

Qualifications for Executive Leader

Veteran leader possessing an outstanding financial, and technical background, showcasing expertise in treasury management, banking, sales, marketing, financial operations, compliance and consulting.

Career Highlights

Lead Integration Market Manager for Wells Fargo Business Banking Group and Wealth, Brokerage & Retirement. Managed treasury management and wealth product conversions migrating clients from the Wachovia Bank platform to the Wells Fargo platform. Final client conversions to be completed in 2012.

Refinanced $115 million credit facility for metal recycling company.

Implemented new Great Plains ERP system for metal recycling company.

Collected $1.3 million of written off Accounts Receivable for metal recycling company.

Restructured $25 million in corporate debt to ensure compliance with financial covenants.

Saved $53K of insurance premium by qualifying and obtaining Drug Free Certificate.

Reduced armored car expense by 8% annually.

Launched and managed new GE product growth initiative, Structured Finance & Asset Based Lending (“ABL”) for GE Capital Solutions.

Lead ABL marketing, business development and sales training for 11 vertical business units of Commercial Distribution Finance, a division of GE Capital Solutions.

Originated, structured and negotiated all complex financing transactions. Screened and managed $900 million ABL pipeline per month.

Established a $40 million Revolver with GE Capital for ordinary working capital and other general needs.

Arranged $25 million Exit Facility with GE Capital for a global manufacturer of commercial steel buildings.

Managed $20 million DIP Facility and treasury operations for 17 manufacturing companies during Chapter 11 Bankruptcy Filing in May 2003. Emergence from bankruptcy occurred in just 8 months .(January 2004)

Refinanced an electric power utility with $600 million of new debt establishing its first commercial paper program.

Acted as interim CFO during a utility’s strategic Regionalized Transmission Organization (RTO) initiative, saving $1 million in interest expense and generating a $1-million refund to the 39 electric member cooperatives.

Saved $2.5 million in legal expenses for real estate and contracts by proposing in-house counsel.

Saved $400-$500 million per transaction in taxes by executing numerous multibillion-dollar offshore tax deals.

Saved $98,000 by implementing recommendations from a lockbox study.

Saved $1.4 million in interest by pre-paying a debt; saved $200,000 by using a centralized armored car service for more timely daily deposits of cash.

Professional Profile

Managing Director. Responsibilities include the management of a financial services consulting firm specializing in Compliance, Treasury Management, Training and CFO Services.

Vice President, Treasurer & Secretary. Responsibilities include the management of Corporate Treasury, Investor Relations, Legal, Board Administration, Debt Restructuring, Risk Management, Environmental Compliance, Cash Vault Operations, Vendor Accounts Payable, and Payroll for a southeast metal recycling company.

Vice President-Structured Finance & Asset Based Lending. Responsibilities include the origination, structuring, negotiation and closing of all structured complex GE transactions, primarily in the following product categories; Asset Based Lending (“ABL”), A/R Purchase, Purchase Order Finance, Equipment Finance, SMB Reseller Finance and/or Trade Flow Finance. Collaborates and coordinates with eleven (11) CDF vertical business units, Dealer Solutions, GE Corporate and Corporate Lending Group (“CLG”) sales leaders to find structured finance deal flow by creating innovative customized solutions via cross sell to our customers. Position works closely with risk, industry leaders, structuring and pricing, asset valuations, tax and capital market functions in structuring transactions. Primary responsible for new ABL business development within 5.0/ 6.0 guidelines. Supports go-to-market introduction for new CDF ABL product launch in 2007 with other vertical business unit GM and Sales/Marketing Leaders. Liaison for eleven (11) GE vertical business units to analyze ABL leads from a strategic and financial aspect; prepare findings and recommendations in a cohesive manner.

Directed and administered activities related to corporate treasury function, cash accounting, CAPEX, insurance, short term borrowings/investments, payroll, forecasting and bank relationships for 12 global manufacturers of commercial steel buildings during a Chapter 11 Bankruptcy Filing through emergence. Developed and communicated new accounting and operational policies and procedures to better control cash flow and improve internal controls. Arranged and managed $20 million DIP Facility, $25 million Exit Financing arrangement and $40 million Revolver. Responsible for SOX compliance and effectiveness.

Managed the corporate treasury and finance department for an electric power utility, including strategic planning and policy developments, relations with investors and financial institutions, member utility cooperatives, and the financial community; oversaw tax, accounting, and infosystems, including treasury workstation implementation, real estate transactions, insurance/risk management, legal, HR, budgeting and benefits administration. Provided training seminars to three energy companies on accounting, investment and quality management issues. Mentored senior management staff on refinancing, benchmarking, and board of director’s management. Educated global Treasurers’ and CFO’s via a public speaking engagement at the National Association for Corporate Treasurers’ (“NACT”) Annual Meeting in California (2001).

Provided independent treasury and financial consulting services to Fortune 500 clients, including Mindspring.com, GE Capital, Remington Products, Turner Broadcasting System, Georgia Transmission Corporation, MAGNATRAX Corporation, Gartner Group, Checkfree Corporation, and Chase Bank in disciplines such as corporate finance, investment/debt relations, cash management, banking, consolidations, contract bid (RFP) projects, proprietary software analysis, acquisitions, and benchmarking. Provided consulting services to area educational institutions (Fairfield University, Sacred Heart University, Emory University, Our Lady of the Assumption School, Pinecrest Academy, GE Small Business College, Southern Catholic College and Career Education Corporation, American InterContinental University) promoting grant writing research, process improvements, strategic planning, fundraising, budget/financial accountability measures and cost reduction for senior administration staff, audit and Board of Trustees. Established, implemented and monitored financial policies/procedures for educational institutions, its auxiliaries and self-sustaining funds. Taught reading and writing to inner city school students through the GE Elfun Program to inspire and cultivate academic excellence.

Supervised $13 billion to $16 billion daily in cash management operations for a major domestic and international capital business company, overseeing all global treasury consulting, banking, CP settlement, and legal matters for 28+ wholly owned subsidiary businesses. Performed due diligence for acquisitions, joint ventures, and portfolio integration. Developed training curriculum for GE Capital Audit staff and the educational program development for the GE Small Business College. Selected as Mentor/Teacher by senior officers to lead new Financial Management program training and to participate in new coursework development for GE Crotonville Training Facility by partnering with “best in class” educational institutions such as Wharton, Harvard, Fairfield University and Babson College.

Administered investments and pension funds; managed debt instruments, refinancing strategies and covenant compliance for a national apparel manufacturer. Directed daily corporate treasury operations, retail store banking, and cash accounting functions, including the execution of cash flow projections, and corporate planning strategies.

Managed daily treasury operations and short-term investment pool for world-class beverage company, including capital expenditure budgeting, bank/vendor relationships, insurance, note/stock compliance, and financial modeling for M & A activity.

Directed daily treasury operations and short-term investment pool for 15 subsidiaries of a global reinsurance company, placing repurchase agreements up to $100 million per day, computing cash flow analysis for the Board of Directors and implementing treasury workstation software for all financial activities. Conducted training seminars on treasury management workstation software and electronic payment systems for Wall Street banks.

Employment History

Managing Director, Bora Bora Consulting, LLC 2010-Present

Vice President, Treasurer & Secretary, Blaze Metals, LLC 2008-2010

Vice President, Structured Finance & ABL , GE Capital Solutions 2006- 2008

Treasurer & Asst. Secretary, MAGNATRAX Corporation 2003-2006

Principal, Southport Consulting Group 1994-2003

Treasurer, Georgia Transmission Corporation 1998-2001

Manager, Treasury Consulting, General Electric Capital Corporation 1992-1994

Assistant Treasurer, The William Carter Company (“Carter’s Childrenswear”) 1989-1992

Assistant Treasurer, The Coca-Cola Bottling Company of New York, Inc. 1987-1989

Assistant Cash Manager, General Reinsurance Corporation 1985-1987

Education

M.B.A., Finance, University of Bridgeport December 1988

B.S., Finance, Providence College May 1984

Wharton, GE Crotonville Program, Mergers & Acquisitions Finance Program Fall 1993

Harvard Law School, Negotiation for Senior Executives Fall 2000

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