John Garrow

Experience

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  Southern Pacific Bank

  Jan 1995 - Jan 2003

  Vice President - Treasurer

  Directed all treasury activities of the bank. Managed the wire room and deposit operations staff, prepared daily cash flow projections for senior management, and ensured compliance with all regulatory banking requirements.• Saved $300k a year by building an in-house wire transfer operation.• Actively enhanced correspondent bank relationships, consistently ensuring adequate liquidity to fund operations while minimizing the opportunity cost of holding excess cash. • Consistently managed the liability side of balance sheet including savings product pricing, borrowing and redemption from correspondent bank lines, and strategic planning to ensure future liquidity.• Integral member of the Asset/Liability Management Committee. Presented the weekly cash flow forecast to the committee and provided recommendations.• Trained, actively managed and mentored staff.• Functioned as the Treasury and Accounting Manager during the acquisition of Southern Pacific Bank by Beal Bank in 2003. Supervised the transition of the accounting and treasury functions from Southern Pacific Bank to Beal Bank headquarters.• Partnered with the F.D.I.C. to ensure the orderly liquidation of assets not purchased by Beal Bank.Prior experience in banking performing financial planning and analysis, including quarterly and annual budgeting, extensive forecasting, profitability analysis and management reporting. Additional experience in asset/liability modeling. Show less

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  Bank of America

  Jan 2004 - Jan 2005

  Simi Valley, California

  Reported, remitted and reconciled multi-million dollar investor loan portfolios. Streamlined reconciliation documentation and the analysis process.

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  Robert Half Management Resources

  Jan 2005 - Jan 2009

  Financial Consultant - Interim Sarbanes-Oxley Coordinator

  • Smart & Final, Inc., Interim Sarbanes-Oxley Coordinator. Led the testing, remediation and process improvement for all corporate SOX controls and SAS70 testing.• Union Bank of California, Sarbanes-Oxley Auditor. Testing included Global Operations, ALM Derivatives, Derivatives Trading and Sales, Private Capital, Mezzanine Finance and Syndications.• Edmunds.com, Interim Accounts Payable Manager.

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  International Coffee & Tea, LLC

  Jan 2009 - Jan 2011

  Treasurer/Director of Treasury Operations

  Managed the Treasury Operations, Risk Management, Loss Prevention and Accounts Payable and Accounts Receivable departments. Supervised a staff of 12, including 4 direct reports. Prepared the daily cash forecast and other financial reports for the Executive Team on a daily basis. Maintained all banking and insurance relationships.• Managed the liquidity of the company on a daily basis, including the execution and redemption of borrowings on the line of credit, ensuring the daily liquidity of the organization.• Provided credit analysis on customers guaranteeing that lines of credit were in line with the company’s financial standing and risk tolerance.• Managed the quarterly internal actuarial analysis on self-insurance programs minimizing cost and maximizing coverage.• Ensured compliance with all Treasury Operations, Accounts Payable, Account Receivable, Loss Prevention and Risk Management policies of the company.• Led the conversion of the merchant bank card processor saving more than $400k in processing and other associated fees.• Supervised the loss prevention function to ensure the resources of the company were adequately protected.• Actively reviewed the A/R and A/P aging reports on a daily basis and ensured that corrective action was taken in a timely manner as needed.• Funded the payroll and retirement plans.• Managed the gift card issuance, redemption and breakage process.• Acted as an information resource and gatekeeper to the retail stores. Show less

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  DLC, Inc.

  Jul 2012 - Sept 2014

  Consultant

  DLC is a financial consulting firm executing work in FP&A, Financial Reporting & Accounting, and Financial Systems for its Fortune 1000 clients. Our consultants have either a Big 4 CPA or Top 25 MBA and most importantly, Fortune 1000 experience. DLC is a recipient of an Inc. 500 award.

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  Robert Half Management Resources

  Nov 2014 - Jun 2015

  Finance and Accounting Consultant