Michaela Witters

Experience

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  Union State Bank

  Jan 2003 - Jan 2003

  Intern / Teller

   Provided customer service for cash handling, account management and for long term deposit products Participated in training in SME loan department

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  FIA sro

  Jan 2004 - Jan 2006

  Financial advisor (with my own business license)

   Coordinated meetings with prospective clients Reviewed client‘s needs and financial goals and presented the options Educated clients on effective budgeting skills Prepared strategic plans for managing finances, securing goals and protecting from unexpected events through the use of mutual funds, insurance, retirement savings plans, building savings plans, mortgage loans and investment Participated in meeting with brokerage companies, investment companies, insurance companies to review the offer of financial products Point of contact with insurance companies in case of claim assistance Show less

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  VÚB banka

  Jan 2006 - Jan 2008

  Commercial banking Relationship manager

   Participated in a 6 month internship rotation program in departments: credit risk, factoring, project finance, trade finance, treasury, with emphasis on SME.  Managed portfolio of 200 SME clients and one large residential real estate project Prepared loan proposals and analyzed financial statements and accounting Reviewed documents before loan drawing and controlling of covenants adherence Advised clients on banking products and promoted product cross selling Monitored client’s profitability across products Show less

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  OTP Bank

  Jan 2008 - Jan 2009

  Commercial banking Relationship manager

   Managed portfolio of 30 large corporate clients and financial institutions Prepared loan proposals, cooperated with risk department Participation in Board meetings to present the deal proposals  Created financing structures for commercial and residential real estate projects to satisfy the client requirements and maximize the bank’s earning Trained team members on understanding client s profitability and using it in project financing structures Negotiated fees with the clients Advised clients on available banking products (escrow accounts, letters of credit, bank guarantees, cash management, FX hedging) Managed loan restructuring and negotiations with clients during the banking crisis Represented the Bank in international syndicated loans Represented OTP Slovakia in the cooperation of the OTP group for multinational corporate clients Initiated process improvements across departments (between Commercial banking, Middle Office and Back office) Supervision of two junior team members Show less

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  H&R Block

  Jan 2009 - Jan 2010

  Tax advisor

   Prepared 300 individual tax returns  Managed customer expectations through communication

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  Johnson Controls

  Jan 2011 - Jan 2016

   Performed daily Cash Management for 300 accounts in EMEA Improved and automated the EMEA Cash Management process, resulting in 1,5 hour daily time saving Initiated standardization of cash management across regions to improve disaster recovery, resulting in US, ASIA and EMEA being able to do each other’s funding even without detail knowledge of the region Project manager for payment system (Swiftnet - TRAX) implementation in Macedonia and Turkey Issued RFP and conducted the bank selection process in Switzerland and Russia Point of contact for 20 banks for EMEA Controlling of hedging department activities to insure adherence to assigned limits Set up exchange accounting rates on the company web site, fixed commodity pricing and yield curves Performed reporting and month end closing process for Middle Office and forecasting for cash  Ad hoc financial analyses Supported M&A activities Managed intercompany loans on treasury management system Settlement of FX and commodity hedging Point of contact with auditors for SOX testing, managed the SOX audit dashboard Supervision of 2 junior analysts and designed their development plan Show less  Performed daily Cash Management for 120 accounts in US, Canada and Mexico Managed Global Cash Position in Bank Mendes Gans Issued Commercial Paper and performed short term investment of available cash Project manager for Swiftnet (TRAX) implementation for payments in Canada and Puerto Rico Project manager for bank products and payment system implementation: (Host to host, Lock box, E-banking, Cash Pooling, Positive pay) Managed integration of acquired entities to cash pool and to alignment with payment standards Point of contact with 7 banks Administered the E - banking sites and user set up  Trained users on Swiftnet on TRAX platform and on Netting on BMG platform Show less

  • Sr. Treasury Analyst – supervisor

    Jan 2014 - Jan 2016

  • Sr. Treasury Analyst

    Jan 2011 - Dec 2013
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  Adient

  Jan 2016 - now

  Manager Treasury

   Managed the spin off from treasury operations and cash management point of view Trained 5 analysts on treasury operations and cash management as a preparation for the split Detecting and fixing bugs in systems QUANTUM and TRAX after the split from Johnson Controls Managed one direct report and supported junior team members Communication with banks to establish credit facilities for the new company Adient Communication with Thompson Reuters to establish new FX ALL platform for FX confirmations Managing day to day operations Award winning contributor to the treasury education with TMI ACADEMY (Adient received the most prestigious award by TMI- "Treasury of 2017", based on the article I wrote.) Show less