SMITHA MARY MATHEW
Leeds,UK
Summary
Treasury professional with 16+ years of experience in Cash and Debt management, Corporate Finance, and Project execution. Expertise in Daily Fund operations and efficient resolution of Banking and Finance issues. Proficient in SAP and various Treasury Management Systems, with a strong foundation in Teamwork and adaptability. Comprehensive knowledge of treasury functions and can drive effective project outcomes.
Overview
5
5
Languages
4
4
years of post-secondary education
20
20
years of professional experience
Work history
Cash & Debt Manager
Farnell UK / An Avnet Company
Leeds, UK
2023.10 - Current
- Standardized and harmonized netting processes across all Avnet regions.
- Rationalized bank accounts and simplified multiple cash-pooling structures consistently.
- Automated daily liquidity management in Integrity TMS instead of using spreadsheets.
- Improved daily account reconciliation process using more automated workflows in TMS.
- Migrated selected accounts from MT940 to CAMT statements, supported by ISO 20022.
- Led a multi-bank sweep cash-pooling structure in the US to centralize cash.
- Led cash-pooling projects for Canada and Mexico to centralize funds.
- Set up an streamlined cash-forecast data process for internal teams.
Senior Treasury Analyst
Avnet Holding Europe BV
Diegem, Belgium
2019.05 - 2023.09
- International Cash / Liquidity Management of up to 760 bank accounts in up to 23 currencies.
- Determining and implementing the most optimal solutions for reducing interest expenses, managing working capital needs and managing cash/liquidity needs on a daily basis..
- Led the weekly Cash and Debt Reporting of the entire organization and reported it to the Treasurer.
- Maintaining various Banking relationships, internal relationships with Tax, Finance and other internal teams and executing Treasury payments.
In-house Bank Officer
Volkswagen International Belgium
Brussels, Belgium
2017.11 - 2019.01
- Managed liquidity for up to 18 currencies, including GBP, PLN, USD, SEK.
- Coordinate cash management activities across Volkswagen group companies.
- Prepare monthly and yearly disposition calendars for multiple currencies.
- Produce quarterly debit interest reports for the company.
- Send daily, monthly, and quarterly treasury balance and payment reports.
Treasury Operations Agent
Fluxys SA
Brussels, Belgium
2016.06 - 2017.11
- Executed and finalised supplier payments in SAP for all Fluxys group.
- Booked financial transactions in SAP for timely, accurate finance processing
- Liaised daily with AP, AR, HR, and legal teams on operational matters.
- Executed payments in Isabel and completed month-end reporting and closing.
- Served as team backup for daily cash position and group liquidity.
- Led and executed treasury projects, including 1 quarterly dividend payout cycles.
- Analysed bank charges, Managed bank mandates and power of signatories for group accounts.
Treasury Analyst, Finance
Celio Finance
Brussels, Belgium
2014.04 - 2015.12
- Determining the cash position and ensuring liquidity of all Belgian and international bank accounts
- Management, control and follow-up of all financial transactions.
- Bank transfers and payments via treasury system IT2 and other banking websites.
- Supported and Led some Treasury Department projects – Migration to a new treasury management system, cash collection contracts, cash pooling contracts, communication with Banks/Institutions, cash forecasts, loan contracts and bank mandates.
- Managing current accounts with group companies and preparation of interests and other month-end reports.
- Rationalization of Bank accounts ensuring cost-effectiveness and better control.
Treasurer, Finance
Veolia Environnement Europe Services
Brussels, Belgium
2013.11 - 2014.04
- Managed daily cash management across 5 cash pools:
- Coordinated inter-group financing within Veolia for long-term loans.
- Entered and monitored swap instruments against long-term loans in non-euro currencies.
- Fixed interest rates and utilization commission for long-term loan drawdowns.
- Administered group current accounts, downloading overnight interest rates and issuing invoices.
- Declared closing balances for current accounts and calculated interest settlements.
- Prepared Poland cash pool forecast files and group cash pooling interest files.
Treasury Accountant - Corporate Finance
AGC Glass Europe (formerly known as Glaverbel)
Brussels, Belgium
2012.10 - 2013.09
- Determining the cash position and ensuring liquidity of 5-7 Belgian and European bank accounts
- Bank transfers via manual and electronic banking platforms like Isabel, Exalog, BTMU software and other banking websites.
- Executing the ‘Payment factory' for supplier payments of all the Group companies.
- Executing the JSOX Audit on a fortnightly basis.
- Creation of bank keys, executing inter-company transfers, settling money market overnight transactions in SAP.
- Supporting Treasury Department projects such as SEPA, new cash pool implementation, communication with Banks/Institutions.
International Cash Management Function, Executive – Treasury, Finance
Tata Communications Ltd.
Mumbai, India
2007.12 - 2009.01
- Managed 158 global bank accounts to support daily liquidity management
- Approved international payments for accounts payable based on current liquidity position.
- Prepared and reported cash MIS to top management on global cash position.
- Maintained interest and L/C charge records for long-term loan audits quarterly.
- Coordinated between global banks and accounts payable, collection teams, and controllers.
- Implemented a leading bank portal project for daily balance reporting.
Cash Management Function, Junior Executive – Treasury, Corporate Finance
Siemens Ltd.
Mumbai, India
2006.03 - 2007.11
- Managed liquidity and fund management across around 15 local India accounts daily.
- Coordinated between divisions and banks for solvency certificates and credit availability.
- Handled term deposit receipts, including cancellations and reconciliation of records.
Education
Bachelor in Management Studies (BMS) - Marketing, Finance, Procurement, Strategic Mgmt
Mumbai University
India 2001.06 - 2004.03
Masters in Business Administration - General Management
Indo German Chamber of Commerce
Mumbai, India 2004.09 - 2006.02
Skills
- Banking relationship management
- Attention to detail
- Cash flow management
- Problem solving
- Resilience in economic downturns
- Crisis proactivity
- Treasury operations efficiency
- ERP and TMS knowledge
- Liquidity monitoring
- Financial reporting
- Debt management
PERSONAL
Reading, Cooking, Swimming, Painting., Completed Level IV of French language from CPAB, Brussels, Belgium.
Accomplishments
- Appreciated for taking the lead and successfully implemented the change in the Daily Cash management process from a spreadsheet to automating it in TMS in Avnet.
- Appreciated for efficiently handling quarter-end and year-end cash and debt operations in Avnet over the last couple of fiscal years.
- I was instrumental in changing the netting process in the organization by harmonizing the steps and expanding it across most regions in Avnet.
- Simplified and improved the weekly Cash & Debt reporting to Management.
- Successfully implemented new cash-pooling structures and simplified existing cash-pooling structures with various banks in Avnet.
Languages
English
Native
French
Upper intermediate
Hindi
Fluent
Malayalam
Fluent
German
Beginner
Timeline
Cash & Debt Manager
Farnell UK / An Avnet Company
2023.10 - Current
Senior Treasury Analyst
Avnet Holding Europe BV
2019.05 - 2023.09
In-house Bank Officer
Volkswagen International Belgium
2017.11 - 2019.01
Treasury Operations Agent
Fluxys SA
2016.06 - 2017.11
Treasury Analyst, Finance
Celio Finance
2014.04 - 2015.12
Treasurer, Finance
Veolia Environnement Europe Services
2013.11 - 2014.04
Treasury Accountant - Corporate Finance
AGC Glass Europe (formerly known as Glaverbel)
2012.10 - 2013.09
International Cash Management Function, Executive – Treasury, Finance
Tata Communications Ltd.
2007.12 - 2009.01
Cash Management Function, Junior Executive – Treasury, Corporate Finance
Siemens Ltd.
2006.03 - 2007.11
Masters in Business Administration - General Management
Indo German Chamber of Commerce
2004.09 - 2006.02
Bachelor in Management Studies (BMS) - Marketing, Finance, Procurement, Strategic Mgmt
Mumbai University
2001.06 - 2004.03