Ernie is a financial professional with over 15 years of experience encompassing working capital management, financial risk management, investment management, financial reporting, and acquisition integration management. Ernie currently serves as Vice President, Educational& Marketing Programs for Proformative. Formerly, Ernie served as the Director of Treasury Services and as a Director of the Corporate Treasurers Council for the Association for Financial Professionals. Ernie has extensive experience in the areas of international cash management, global insurance, and acquisition integration. Ernie has a BS and MS in Economics both from Purdue University. He has authored published articles on working capital management, acquisition integrations, payroll cards, and positive pay services in addition to various articles dealing with professional development. Ernie is a Certified Treasury Professional and is an accomplished public speaker.
Education
| University | Degree | Start Date (Year) | End Date (Year) | Activities and Societies | |
|---|---|---|---|---|---|
| Krannert School of Management (at Purdue University ) | MS | ||||
| Krannert School of Management (at Purdue University ) | BS |
Experience
| Company | Dates | Title | Job Description |
|---|---|---|---|
|
Assocation for Financial Professionals |
10/2007 - 08/2009 | Director, Treasury Services | Subject matter expert in the arena of treasury services for over 16,000 financial professionals. • Managed a task force of senior financial professionals and the content for a retail treasury management forum • Developed and facilitated Board of Director approval for a treasury management forum • Authored over 40 articles encompassing treasury management, risk management, and professional development • Managed treasury services products including bank pricing data, standardized requests for proposal, the AFP Service Codes, and a standardized Bank Scorecard • Developed an original virtual educational series for financial professionals |
|
Franklin Electric |
05/2005 - 08/2007 | Treasury Operations Manager | Managed global treasury services, financial risk, administration of benefit plans, and coordinated global insurance, •Managed integrations of treasury services, insurance policies, and defined contribution plans for 4 corporate acquisitions ranging from a few million to over one hundred million dollars •Directed global treasury services relationships with 18 banks in 10 countries •Fraud procedures implemented and personal recognition of check fraud prevented losses of over $400,000 in 2007 • Negotiation of short term investment rates resulted in increased interest income of over $60,000 in 2006. • Monitored performance of all investment managers in defined benefit and defined contribution plans |
Expert Information
Areas of Expertise
Treasury, Banking Relationship, Centralized Cash Management, Electronic Bank Account Management (EBAM), Electronic Payments, International Cash Management, Mergers & Acquisitions (M&A) and Joint Ventures, Professional Development, Risk Management
| Expert's Bio | |
|---|---|
| Ernie set up and maintained a global cash management structure for a publicly traded corporation with operations in 12 countries . He managed the integration of the treasury operations of several acquired companies of various sizes into this centralized global cash management structure. Ernie formerly served as a senior staff member at the Association for Financial Professionals (AFP) and has authored several published articles on global cash management, acquisition integrations, and working capital optimization. Ernie is a Certified Treasury Professional (CTP) and is a frequent speaker at AFP events. | |
