Experience

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  Budapest waterworks

  Oct 2001 - Jun 2002

  Financial analyst

  Monitored and reported on the implementation of fixed asset projects, sometimes using VBA.

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  Appalachian regional entrepreneurship initiative (arei)

  Jun 2002 - Aug 2003

  Investment analyst

  Assisted Venture Capital (VC) group in their due diligence to invest between $100K and $1.5 million in the biotech, software, insurance, aerospace, and high-tech manufacturing industries. Analyzed industries, forecasted sales, balance sheet, and cash-flow. Developed business plans for venture capital or bank investment purposes.

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  Pricewaterhousecoopers

  Oct 2004 - Sept 2007

  Associate, risk management, internal auditing, compliance and investigations

  Evaluated the effectiveness of internal controls over financial reporting for SOx 404 purposes. Saved the client ~$100K by building a more interactive spreadsheet for audit scoping. Process improvement: Client used different item codes whenever same product was purchased at a different cost. This practice increased the number of discrepancies and the book to physical adjustment also included a purchase price variance component. Recommended devising better discrepancy reports and/or switching to standard costing. Show less

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  Amtrust bank

  Oct 2007 - Dec 2009

  Sr internal auditor

  Helped reduce the time spent on compliance audits by 40 percent by implementing a statistical sample size calculator. Assisted in establishing confidence level, interval, and expected error rate values. Office of Thrift Supervision (OTS) reporting, Bank Secrecy Act (BSA), KYC, AML & USA Patriot Act.

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  The goodyear tire & rubber company

  Apr 2010 - Jun 2019

  Built financial model with Bloomberg interface to identify cheapest funding source for the Group.Analyzed market depth and liquidity of natural & synthetic rubber, carbon black, steel, zinc for hedging.Back tested option vs. forward strategies to reduce cost of hedging USDMXN. Evaluated cross-currency interest rate swaps (G10, EM) to reduce funding costs.Structured EURTRY call spread strategy in Bloomberg terminal to hedge GY Turkey.Coordinated with overseas Finance teams to maximize cash repatriations. Show less • Foreign Exchange (FX) TradingReviewed large trades pre/post execution, developed strategies to minimize market impact and compared actual spreads to market. Evaluated the possibility of centralizing spot trading in Asia and Europe for best pricing and execution.• Balance Sheet (B/S) HedgingForecasted B/S exposures of Parent Co. and Goodyear Canada, executed hedges. Improved the accuracy of Canada’s forecasts and the hedging ratio by 2 pct points. Implemented NDF hedging for Colombia on a short notice in order to lock in a $3M gain. Consolidating USDJPY hedging as exposures of Japan and the USA partially offset at Group level.Supported hedge/no hedge, USD vs. local currency funding decisions.• Cash Flow (CF) Hedging, Hedge AccountingReviewed CF forecasts and executed FX derivative contracts on behalf of three entities to ensure appropriate hedge ratios. Forecasted OCI. Extended tenors of two CF hedging programs.Quantified CF Value-at-Risk (VaR) if changing the IC billing currency from EUR to USD in countries.Financial modeling: back-tested existing CF programs to evaluate if forecast accuracy had improved, if tenors could be extended, and if hedge percentages could increase. Back-tested Canada’s CF forecasts to implement hedging. Proved that Canada was short USD despite IC netting in CAD eased their need for USD. Show less Assisted team in identifying $5.8M in uncollected premiums and $2.2M benefits paid after associates being in arrears. Stopped the payment on an erroneously submitted vendor invoice and saved $34K.SAP implementation of IBS: executed pre go-live audit procedures to ensure proper eliminations and FX revaluation take place in SAP. Validated the mapping of trade partner codes and verified the accuracy of IC transactions processing for in- and outbound cables.Data analysis of 100,000 POs ($50M) to determine if P-cards were cheaper than POs for low dollar purchases.Recommended eliminating the 30-day grace period the company unintentionally granted on 1/3 of retail credit sales to save the company $100K. Presented the idea of writing down 720+ days old A/R to save $90 K in taxes. Show less

  • Lead Financial Analyst Int'l Treasury

    Jul 2018 - Jun 2019

  • International Treasury Analyst, Corporate Treasury

    Feb 2016 - Jul 2018

  • Senior Internal Controls Analyst

    Jul 2014 - Jan 2016

  • Senior Global Market Analyst Global Procurement

    Jan 2012 - Jun 2014

  • Senior Auditor

    Apr 2010 - Jan 2012
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  Goodyear operations s.a.

  Oct 2019 - Dec 2023

  Sr. financial risk manager, regional treasury

  • Working Capital Optimization / Supply Chain Financing (SCF)Implemented and ran virtual credit card program to add $90M in liquidity at every quarter-end.Onboarded critical suppliers to SCF program to preserve liquidity, as a result, program tripled to $150M.Supported sensitive negotiations with key, at-risk energy suppliers to protect cash. Adjusted intercompany payment terms to reduce external funding requirements of GY Turkey by $20M. • CompliancePrepared quarterly supporting calculations, certificates on-time and in-full to comply with debt covenants.Monitored new debt and refinancing transactions to ensure compliance with existing debt covenants.Negotiated better terms in credit agreements (cure period, cross default threshold, no financial covenants).• Financial Accounting & Reporting, OtherLiaised with the wider finance team to ensure the correct treatment of treasury-related transactions.Saved £40K by finding the purpose of a remittance based on limited details in SWIFT. Automated the completeness test of open derivatives to support M-t-M entries at month-end.Estimated dealer’s borrowing rate to price dealer loan and keep dealer’s $5M business.Process improvement: Helped the adaptation of Default Risk methodology in counterparty risk management. Show less

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  The dow chemical company

  Jan 2024 - now

  Sr. treasury specialist - financial risk management