Open to opportunities

David Spanu

@davidspanu

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Dedicated Treasury Manager with expertise in financial strategy and risk management.

United Kingdom

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What I'm looking for

I am looking for a challenging role in finance that offers opportunities for growth and innovation, where I can leverage my expertise in treasury management and financial strategy.

I am a motivated and proactive Treasury Manager with extensive experience in the oil and gas sector. My career has been defined by my ability to lead financial strategy and manage treasury operations effectively. At Prax Group, I have successfully streamlined global banking operations and negotiated favorable foreign exchange rates, resulting in significant cost savings for the organization.

My role involves collaborating with banks and financial institutions to ensure compliance with financial regulations while advocating for effective risk management practices. I take pride in implementing data-driven approaches to internal audits and enhancing operational efficiency. My strong analytical skills and attention to detail have been pivotal in managing the group's cash flow activities and ensuring the availability of necessary funding.

Experience

Work history, roles, and key accomplishments

Current

Treasury Manager

Current

Prax Group

Feb 2018 - Present (7 years 3 months)

Led the strategy by performing detailed analysis of treasury policy, maintaining conformance to financial regulation and addressing non-compliances. Streamlined global banking operations by managing a portfolio of 12 banking partners, improving control, liquidity, and reducing operational risk. Successfully negotiated favourable foreign exchange rates, resulting in cost savings for currency-relate

Treasury Relationship Management Banking Operations Foreign Exchange Risk Management Internal Audit Payment Approval Matrix Financial Control Compliance

Finance Manager – Corporate

Prax Group

Jan 2015 - Jan 2018 (3 years)

Oversaw Whole Group Transactions Teams Globally (Accounts Payable, Accounts Receivable, Credit Control and Invoicing). Responsible for all Month End related to Whole Group Transactions Teams. Managed the Group's cash flow activities including updating of forecast and actual positions and reporting on these to the Group Treasurer.

Accounts Payable Accounts Receivable Credit Control Activities Invoicing Bank Reconciliation Cash Flow Management Financial Forecasting Financial Reporting

Senior Accounts Receivable and Payable Controller

Harvest Energy

Mar 2011 - Feb 2015 (3 years 11 months)

Oversaw Whole Group Transactions Teams (Accounts Payable, Accounts Receivable, Credit Control and Invoicing). Responsible for all Months End related to Whole Group Transactions Teams. Created Process Improvement roles in the Credit department, aligning the group with the rest of the organization to Improve DSO and % current.

Accounts Payable Accounts Receivable Invoicing Bank Reconciliation Process Improvement Debt Management

European Credit Controller

OB10 Global e-Invoicing Network

Apr 2010 - Mar 2011 (11 months)

Prepared ad hoc debt and risk reports as required. Created 2 daily Actual vs Forecast confirming incoming cash for Treasury by liaising with counterparties on a daily basis. Responsible for over 1500 accounts and reduced the overall DSO.

Debt Reporting Cash Forecasting Account Management Account Reconciliation Process Improvement

Accounts Assistant & Credit Controller

Claridge’s Hotel Limited

May 2007 - Apr 2010 (2 years 11 months)

Ensured accuracy of all charges and credits posted to individual accounts. Provided accurate, up to date details of projected cash flows to enable Finance to manage daily cash requirements. Processed credit applications and made recommendations for approval.

Account Reconciliation Cash Flow Forecasting Credit Applications Advance Deposit Monitoring Financial Accuracy