LES D.

STRAND, MBA, CMA, CTP

56 Tavella Place
Foothill Ranch, California 92610
Messages: (949) 260-9704
Residence: (949) 581-8245
Cell: (949) 322-1817
Email: ls65b50a@westpost.net

SENIOR FINANCE MANAGER

Treasury Operations ~ Debt Management ~ Risk Management & Insurance
Cash Forecasting & Management ~ Financial Reporting & Analysis ~ Budget Developm
ent/Management

* Organized and resourceful professional with extensive experience in all areas

of financial management in public, private and international companies.
* Progressive leadership achievement and demonstrated success in positions of st
eadily increasing responsibility.
* Well-honed leadership and organizational skills for completing complex cross-f
unctional projects and building and leading teams to meet highly challenging goa
ls and objectives.
* Track record of continuous operational improvement by assessing, developing an
d implementing progressive changes in products, services, technologies processes
and systems.
ADDITIONAL KEY AREAS OF EXPERTISE
GAAP Provisions
Team Development & Leadership
Sarbanes-Oxley
Statistical Analysis
Coaching & Mentoring
Borrowing Relationships
Mergers & Acquisitions
Project Management
Reporting & Presentations
EMPLOYMENT BACKGROUND AND ACCOMPLISHMENTS
TARGUS GROUP INTERNATIONAL - Anaheim, California, 2007 - 2009
Privately held global supplier of notebook carrying cases and accessories.
Senior Manager, Treasury Operations
Managed global cash and treasury operations for a $400M company including bank r
elationships and debt activities of $200M with $20M interest cost; assessed $100
M global foreign exchange portfolio, forecasted global cash flow, organized and
managed insurance programs and administered finance policies and procedures.
* Consolidated global bank relationships from 28 to 5 with a singular, centraliz
ed cash management resulting in significant administrative cost and financial fr
aud reduction.
* Developed treasury policies, procedures and documentation resulting in achieve
ment of company goal of SOX compliance prior to IPO.
TOSHIBA AMERICA INFORMATION SYSTEMS, INC. - Irvine, California, 1999 - 2007
Provider of mobile information management, telecommunications and storage soluti
ons.
Treasury Operations Manager
Responsible for cash liquidity optimization, cash transactions accounting/report
ing, management of $60M asset-backed security debt with $3M interest cost; prepa
red compliance reporting, monitored $150M investment portfolio with $8M interest
income for a $2B company. Managed banking relationships, negotiated cash manage
ment services pricing/agreements and developed rolling cash budget forecast and
variance analysis. Supervised cash accountants
* Performed collections lockbox study, evaluated imaging services, planned and i
mplemented a collection program with one lockbox resulting in 12% bank fee savin
gs and expedited remittance discrepancy resolution.
* Proposed, selected and led implementation of treasury workstation cash managem
ent module resulting in 40% efficiency improvement and reduction in monthly clos
e cycle from 3 to 2 business days.
* Provided management leadership to improvements in AR remittance data process r
esulting in 90% cash application posting and increased labor/hour efficiency.
* Provided management leadership to installation of bank remote deposit service
for in-house checks resulting in removal of corporate lockbox service, decreased
courier fees and accelerated funds availability.
SAINT-GOBAIN PERFORMANCE PLASTICS CORP. (Formerly Furon) - Laguna Niguel, Califo
rnia , 1989 - 1999
Major manufacturer of specialized polymer components and parts.
Senior Treasury Analyst (1996 - 1999) - Senior Financial Analyst (1989 - 1996)
Completely accountable for cash management functions; assessed and selected cash
management products, services and systems; developed and administered casualty/
property insurance programs; maintained all bank relationships and debt complian
ce/reporting and provided analytical support for all treasury activities. Contro
lled and coordinated preparation of corporate strategic plan, annual budget and
quarterly forecast; analyzed financial performance reports.
* Developed and implemented outsourced customer payment data keying process with
automatic posting to AR system resulting in 50% acceleration in cash receipt po
sting.
* Led and directed cross functional team in evaluation and selection of bank pur
chasing card program resulting in 40% procurement cost reduction.
* Streamlined cash management services resulting in 13% bank fee reduction from
original cost projection.
* Revised financial reporting to senior management by highlighting operational s
trengths/weaknesses resulting in improved decision making tools and more efficie
nt business operations management.
* Provided management leadership and direction to team in development of new bud
getary process facilitating company's reorganization from divisional silos to ma
rket-focused operation.
* Provided leadership and direction to development of merger/acquisition evaluat
ion process resulting in more accurate valuation and facilitation of management
decision making.
**Earlier experience includes positions of increasing responsibility and accompl
ishment as Financial Planning Analyst, Corporate Accounting Supervisor and Staff
Accountant with Smith International, Inc., Irvine, California.
EDUCATION
MBA, Pepperdine University, Malibu, California
BA, Business Administration & Accounting, California State University, Fullerton
CONTINUING EDUCATION AND TRAINING
Certified Treasury Professional
Certified Management Accountant
Certified Financial Manager
COMPUTER PROFICIENCY
Microsoft Office: Word, Excel, Access, PowerPoint, Outlook
PeopleSoft, Thomson Treasury Manager, Sungard ICMS Treasury Workstation Weiland
Bank Relationship Manager
PROFESSIONAL AFFILIATIONS
Association for Financial Professionals
Institute of Management Accountants
KEY WORDS FOR OPTICAL SCANNING
Purchasing, Six Sigma, Purchasing, Transportation, Order Processing, Logistics,
Sales Analysis, CRM (Customer Relationship Management), Market Research & Analys
is, Strategic Alliances, Business Development, Forecasting, Financial Analysis,
Financial Planning, Banking Relations, Equity-Debt Mgmt., Cash Management, Treas
ury, Stockholder Relations, Insurance, Pension & Fundament, Credit & Collections
, Taxes, Investment, Budgets, Reports, Analysis, Forecasting, Planning, Cost Con
trol, Accounting, EDP Systems, Audits, Systems Analysis, Design, & Development,
Mgt. Information Systems, Project Management, Info. Systems Upgrade, Data Securi
ty, Accounting Systems, Computer/Telecommunications, Interface, Systems and Proc
edures, Training, Supervision, Facilities/Leases, Purchasing & Distrib., Project
Management, Public Relations, Government Relations, Financial Community Relatio
ns, Corporate Publications, Recruiting, Training, Evaluation, Selection, Compens
ation, Benefits, Work Schedule Control, Organization Planning & Development, Emp
loyee Mentoring, Employee Coaching, Leases, Compliance, Taxes, Documentation, In
corporation, Records