Eric T. Kilgore
Treasury Manager, Industrial manufacturing
Milwaukee, WI · (414) 555 0199 · name@example.com · linkedin.com/in/erictkilgore
Key Qualifications
EXPERIENCE
Fifteen years in corporate treasury, six as the treasury manager
INDUSTRIES
Industrial manufacturing, distribution, automotive supply
SPECIALTIES
Cash forecasting, liquidity management, bank relationships, interest rate risk, hedging
SYSTEMS
Kyriba, SAP, Bloomberg, Microsoft Excel with Power Query, Microsoft Power BI
CREDENTIALS
Certified Treasury Professional, Association for Financial Professionals
EDUCATION
Master of Business Administration in finance, Marquette University
Results at a Glance
82%
Percent against actual
$34m
Trapped cash
300
Million dollar revolving
$640k
Full account analysis
Executive Summary
Treasury manager with fifteen years in corporate treasury at manufacturers, running daily cash positioning, a thirteen week forecast and bank relationships for a company with 1.2 billion dollars in revenue. Certified Treasury Professional who has taken two credit facility renewals from term sheet to signature.
Signature Achievements
- Improved thirteen week cash forecast accuracy from 82 percent to 96 percent against actual outflows.
- Released 34 million dollars of trapped cash by rationalizing 61 bank accounts down to 24 across nine banks.
- Renewed a 300 million dollar revolving credit facility and cut the undrawn commitment fee by 12 basis points.
- Cut annual bank fees by 640,000 dollars after a full account analysis review across the bank group.
- Put in place interest rate swaps that fixed 60 percent of floating rate debt ahead of a rising rate cycle.
- Reduced days of idle operating cash from eleven to four by automating daily concentration sweeps.
Professional Experience
Treasury Manager
Ironline Manufacturing Group, Milwaukee, WI 2020 to present
Runs treasury operations for a 1.2 billion dollar industrial manufacturer with eleven plants and three treasury analysts reporting in.
- Owns the daily cash position, the thirteen week forecast and the annual liquidity plan presented to the chief financial officer.
- Manages relationships with nine banks covering credit, cash management, card programs and lockbox services.
- Administers the revolving credit facility, prepares borrowing notices and certifies quarterly debt covenant compliance.
- Executes interest rate swaps and forward contracts within the board approved hedging policy and documents hedge effectiveness.
- Manages foreign exchange exposure on Canadian and Mexican payables through monthly forward contracts.
Senior Treasury Analyst
Rockspring Components Company, Racine, WI 2015 to 2020
Second in a three person treasury team at a 480 million dollar automotive supplier.
- Built the rolling cash forecast model that replaced a spreadsheet maintained by each plant controller.
- Ran daily cash positioning and funded a 40 million dollar revolving facility as required.
- Prepared the quarterly covenant certificate and the interest expense forecast for the budget.
- Supported the implementation of a treasury management system across four operating units.
Treasury Analyst
Kettle Moraine Distribution, Waukesha, WI 2011 to 2015
Handled daily cash and bank administration for a regional distributor with 210 million dollars in sales.
- Prepared the daily cash position and initiated wire and payment file releases under dual control.
- Reconciled bank fee statements and challenged 90,000 dollars of incorrect charges in one year.
- Maintained bank account signatories and account opening documentation.
Licensure and Certification
Certified Treasury Professional, Association for Financial Professionals
Member, Association for Financial Professionals, Wisconsin chapter
Education
Master of Business Administration in finance, Marquette University, 2017
Bachelor of Science in accounting, University of Wisconsin Milwaukee, 2011
Core Skills
Cash forecasting · Liquidity management · Bank relationship management · Debt covenant compliance · Interest rate hedging · Treasury system administration · Bank fee analysis · Payment controls · Cash pooling · Financial modeling