Director Cash Management And Disbursements resume example

Earned rapid promotion through increasingly responsible positions to ultimately manage corporate operations team on behalf of this real estate investment and services company with operating divisions that underwrite, finance and acquire real estate properties for investment purposes as well as provide property, facility and construction management services to its owned property portfolio and those of unrelated third parties.

• Oversight of the treasury function including bank relationships and compliance.
• Weekly cash flow analysis and 13 week forecast Bank and brokerage liaison Coordination, analysis and presentment of corporate financial statements to owners and executive board Preparation of the annual budget and five year forecast Financial systems integrations HR management including employee benefits, 401k administration and payroll processing Oversight of the technology platform Key Achievements Successful implementation of a new banking relationship including establishment of a $3MM line of credit facility and execution of new banking services platform for over 120 bank accounts.
• Initiated and implemented treasury management best practices including positive pay, centralized disbursements, remote deposits and electronic account analysis.
• Automated company's "chargeback" process whereby expenses incurred at the corporate level are electronically invoiced to the managed properties eliminating over 1,000 paper invoices per month.
• Spearheaded initiative to consolidate the balance sheet and define a consolidated corporate run rate yielding run rate reduction by $1.5MM+ in just 18 months.
• Initiated and led 5-year forecasting efforts for property management, development, and construction services business lines.
• Generated savings equivalent of 1.5 full time employees, ensured full compliance and greatly increased services provided by HR division through redesign of HR function using new technology and third party relationships.
• Managed full scale AP/GL and Residential Management software implementation.
• Transitioned 60 operating properties and 85 legal entities to MRI software.
• Transition included general ledger and resident data migration, system setting definitions, creation of reports, training and process reengineering over an 18 month period.
• Oversaw full scale payroll conversion project including data conversion, process reengineering and training, realizing completion in less than 90 days.

• Charged to reengineer the cash management function.
• Multifaceted accountabilities included project management, cost containment, technical documentation and reporting, process improvement and operational streamlining.
• Key Achievements Overhauled cash management processes, bringing project to fruition within aggressive 2-month timeline and earning permanent full time position.
• Successfully heightened organizational efficiencies via creation of a bank to general ledger interface resulting in the automation of 90% of cash related journal entries.
• Created Access database to aggregate banking data used to track cash positions and generate consolidated reporting.
• Completed banking services RFP and successfully engineered transfer of over 80 bank accounts.

• Engineered integration of Security Capital treasury management into existing infrastructure of this $84B leading global commercial real estate company with debt and equity activities throughout North America, Europe and Asia.
• Key Achievements Vastly improved efficiencies and productivity via successful transition of 1100+ accounts into GE platform Successful implementation of a treasury workstation to general ledger interface for three operating commercial real estate companies as well as for the commercial real estate investment arm of General Electric.

• Entrusted to provide treasury management consultation to this private multi-million dollar commercial real estate firm.
• Role encompassed continuous process improvement, project management, technical support, requirements identification, documentation management and more.
• Streamlined complex bank data reporting processes and enhanced quality assurance by devising and standardizing documentation for legacy Security Capital applications including operational user guides and SQL database technical manuals.
• Defined and implemented improved technical processes for new replacement applications, ensuring continued operational efficiency and systematic maintenance scheduling.

• Responsibilities for this international real estate management and investment company included daily cash positioning, acting.
• as a bank liaison for several national banks, working with the CFO's of the various affiliated entities to manage their lines of.
• credit, generation of bank reporting, account analysis review, and administration of the XRT treasury workstation.