ADRIAN FEDRICK
GRAPEVINE,TX
Summary
Experienced Senior Financial Manager with a strong background in public and private sector accounting and shared services. Proven track record of enhancing operations, driving business growth, and maximizing profits through achievements in financial management, cost reductions, internal controls, and productivity/efficiency improvements.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Treasury Manager
AG RESOURCE MANAGEMENT
04.2024 - 07.2024
- Monitored and managed the company’s cash flow to ensure optimal utilization of funds, including forecasting cash needs, overseeing cash disbursements, and managing cash balances across multiple accounts
- Developed and implemented strategies to maintain sufficient liquidity for day-to-day operations and future business requirements
- Assisted with ABL credit facility program performing compliance calculations and reporting.
Director of Treasury
MV TRANSPORTATION, INC
05.2022 - 11.2023
- Developed daily/weekly/monthly treasury and credit reporting, including cash availability, borrowing capacity, debt compliance ratios, receivable aging reports and treasury related forecasts
- Maintained rolling 13-week cash flow model to ensure sufficient funds are available to meet ongoing operational and capital requirements
- Oversaw treasury operations, working with treasury analyst on day-to-day activities including bank account openings and cash movements between internal entities and to third parties
- Managed compliance and covenant reporting related to the company’s credit facilities.
Transaction Manager
CITI, INC
11.2021 - 04.2022
- Actively managed and maintained a deal closing pipeline of wholesale loan transactions for BCMA
- Collected and reviewed legal loan documentation, ensuring operational standards and compliance requirements are met
- Liaised and coordinated all pre-closing requirements with various internal and external teams (i.e., Business Deal Teams, Loan Operations, Risk, Legal, Compliance, KYC, Borrowers, Co-Arrangers, Lenders, etc.).
Treasury Manager
BUILD-A BEAR WORKSHOP
05.2021 - 08.2021
Senior Finance Manager – Global Finance Treasury & Credit
ELECTRICAL COMPONENTS INTERNATIONAL
04.2014 - 01.2021
- Developed and communicated treasury and credit strategy to support the recently acquired Fargo Assembly Company; drove continuous improvement across all Order to Cash (OTC) activities
- Managed corporate credit services, billing, credit & collections, accounts receivable, sales and use tax reporting, unclaimed property, excise tax, property tax, cash processing unit, bank reconciliations, and project accounting
- Generated $0.5 million in cash from working capital in the first six months post-acquisition by accelerating billing, improving collections, and extending vendor payment terms.
Director, Global Shared Services
POLYONE CORPORATION
03.2012 - 09.2013
- Developed, refined, implemented strategic direction and technical improvement of department processes, policies, and IT-supported applications
- Led a team of managers and analysts responsible for customer setup, billing, dispute resolution, cash application, and collections
- Championed efforts to maintain DSO levels below the business plan by two days domestically
- Reduced bad debt from 2% of gross sales to .2% of gross sales
- Partnered with treasury services group to improve monthly cash forecast accuracy to +/- 5% from 15% by developing a new cash flow forecast model
- Generated cash forecast reports
- Exceeded monthly cash targets.
Senior Finance Manager – Global Finance Treasury & Credit
ELECTRICAL COMPONENTS INTERNATIONAL
06.2008 - 03.2012
- The scope of responsibilities includes building a credit department, reversing critically compromised financial issues, and providing operational solutions to improve operations
- Pivotal in creating credit department from infancy to remedy broken processes
- Reviewed financial strength and performed risk assessment analysis of key accounts with VP of Sales, Finance, and Operations to drive resolution on outstanding issues towards the order to cash cycle
- Prepared weekly & monthly cash collection forecasts
- Regularly assessed the challenges and risks to liquidity
- Worked with cross-functional groups, Sales, Treasury, AP, and AR, to improve discounts and cash recoveries and increase available working capital
- Reduced outstanding customer debit claims by 50% and recovered $4.5 millions of NOMA's $6 million sales exceeding 90 days beyond terms, allocated as uncollectable
- Improved DSO from 65 days to 35 days, sales balance from 53% to 75%, and increased AR percentage rate to 88%.
Education
Master of Science Degree, Finance -
WEBSTER UNIVERSITY
St. Louis, MOBachelor of Business Administration (BSBA) -
SOUTHEAST MISSOURI STATE UNIVERSITY
Cape Girardeau, MOSkills
- Liquidity Management
- Cash Management
- Shared Services
- Commercial Teams
- Global Finance Team Leadership
- Order to Cash Cycle
- Strategic Planning
- Financial Modeling
- Bank Relationship Management
- Foreign Exchange Management
- Cash Flow Forecasting
- Working Capital Optimization
Certification
- Corporate Finance Institute, Financial Modeling & Valuation Analyst
- AFP Certified Treasury Professional, CTP
Volunteer Experience
- North Texas LEAD
- North Texas Food Bank
Timeline
Treasury Manager
AG RESOURCE MANAGEMENT
04.2024 - 07.2024
Director of Treasury
MV TRANSPORTATION, INC
05.2022 - 11.2023
Transaction Manager
CITI, INC
11.2021 - 04.2022
Treasury Manager
BUILD-A BEAR WORKSHOP
05.2021 - 08.2021
Senior Finance Manager – Global Finance Treasury & Credit
ELECTRICAL COMPONENTS INTERNATIONAL
04.2014 - 01.2021
Director, Global Shared Services
POLYONE CORPORATION
03.2012 - 09.2013
Senior Finance Manager – Global Finance Treasury & Credit
ELECTRICAL COMPONENTS INTERNATIONAL
06.2008 - 03.2012
Master of Science Degree, Finance -
WEBSTER UNIVERSITY
Bachelor of Business Administration (BSBA) -
SOUTHEAST MISSOURI STATE UNIVERSITY
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