+61 438 394 258                                                                     E-mail: Peter@treasuryerp.com  

 

EXPERIENCE SUMMARY

 

SAP Treasury (CFM/TRM) specialist with 12 years SAP consulting experience with various financial services and corporate treasury clients. The last 6 years have been spent as a CFM contractor in Asia, the United States and Europe specializing in SAP treasury.

 

Prior to that, Peter worked as a consultant for 6 years with PriceWaterhouseCoopers in their SAP Banking division which was founded to provide specialized expertise to SAP clients in the banking sector. 

 

Before becoming a consultant Peter spent 6 years working with two prominent investment banks (Bankers Trust and Macquarie Bank) in various support functions including treasury operations, financial control, risk management and systems.

 

In addition to maintaining technical skills in SAP, Peter is committed to maintaining his capability to put into practice holistic business solutions based on best practices. Subsequently he regularly attends professional meetings and conferences.

 

 

SUMMARY OF EXPERTISE

           

CFM Transaction manager	Transaction manager including money market, foreign exchange, OTC derivatives (incl. exotics), listed derivatives, securities (full spectrum), structured products.
Credit Risk	Monitoring of credit and debt covenant risk limits by trader, counterparty, region etc.
Market risk management	Decision support for interest rate and FX risk, commodity price risk, cash flow and liquidity, treasury unit benchmarking. Reporting for ALM GAP, NPV, Duration, Value at Risk and Sensitivity calculations.
Hedge Accounting	IAS39/FAS133/AASB139 configuration and effectiveness testing (cash flow and fair value) using SAP hedge accounting solution and parallel valuation areas.
Core Banking Loans Management	Loans taken/given module used to record retails loans given and also structured facilities taken including installment loans (annuity loans, discount based loans, rollovers, grouping of loans, splitting of loans).
SAP Banking Modules	SAP banking Profitability analyzer (including Funds transfer pricing), Risk Analyzer and Asset Liability Management (ALM); Has developed methodologies and implemented the full SAP product in a Banking environment.
In-House Cash Management	In house cash management (IHC), development of business and technical model for in-house cash management center to streamline internal flows and reduce transaction costs through automated internal affiliate netting and cash concentration/pooling.
Business Warehouse	Activation of the custom cubes for CFM, CM and PCA. Development of customized cubes and multi-cubes. Development of Global reporting strategy and implementation using BW.
Cash Management	Cash position/liquidity forecast reporting and modeling. Payments/receipts integration / interfacing between SAP and banks/customers, clearing systems, SAP electronic bank statements.
CFM Upgrades	Several upgrades including delta workshops, training, technical upgrade. Experience Includes 4.5A > Enterprise; 4.6B to Enterprise.
Integration	SAP treasury to other applications: front office, core banking, market data providers, banking partners, clearing systems (e.g., swift). Experience with SAP Data Transfer Tool, IDOCs, BAPIS.
Financials/Costing	FICO (GL, AR, AP, Funds Management, Special purpose ledger, CCA, IO, PCA, CO-PA (including SD and MM integration)) and financial process re-engineering.
Quality Assurance	Provision of a mid implementation review and quality assurance and post implementation reviews for various clients with recommendations for value added improvements.
SAP Trainer	Delivered training in the following courses: FS110 Basic functions in CFM; FSC010 Processes in Treasury and Risk Management; AC805 Cash Management; FS210 Loans Management for Financial Services; FS220 Credit Risk Analyzer; FS250 Market Risk Analyzer; FSC120 In house cash att; FS111 Securities; FS112 MM/FX/Derivatives

 

 

SIGNIFICANT PROJECTS

 

Client: Bunge Financial Services (fortune 1000) New York  – Global Project (May 06-Dec 07)

 

Role: CFM Project Lead Global Rollout

 

The project is on behalf of a large US multi national (fortune 1000).

 

The project scope was to develop a global template based on best SAP and business practices to add business value and roll out to various locations in the Americas, Europe and Asia. Business processes and data definitions needed to be re-engineered and local differences accommodated in order to provide seamless automated global processing for inter-company trading worldwide.

 

In addition to the transaction manager and loans management functions key functionality included the following: enhancements to automate loans management functions, internal trading cockpit (subsidiaries request trades at real time rate from central treasury), in house cash (affiliate netting and payment factory), market risk analyzer (real-time Fx position reporting incorporating bank, vendors/customers and CFM trades), and Business Warehouse for global reporting. Global Trade Management (GTM) was implemented with enhancements to automate the recording of embedded exposures for subsequent hedging in CFM.

 

 

Client: Via SAP to Private Investment and Finance Company (UTSB), Malaysia (May 05 – Nov 05)

 

Role: Treasury Re-engineering and CFM Consultant

 

The client consists of a private group of companies, controlled by tycoon T. Amanda Krishnan, prominent owner of various media and telecommunications interests. The project scope was to use end to end SAP functionally with particular emphasis on re-engineering to best practice across a large number of companies and developing trading decision support models using the CFM analyzer modules.

 

In addition to handling a wide array of products (including securities-stocks and bonds, funds etc) the key business improvements included automating centralized cash, funds management and control. The analyzers (market risk, credit and portfolio) were implemented for internal control, monitoring market risk (market variable based sensitivity analysis using NPV and Value at risk) and performance measurement (benchmark yields, portfolio returns etc). 

 

 

Client: Zinifex (Pasminco), Melbourne/Netherlands (Nov 04 – Mar 05)

 

Role: Team Lead and CFM Consultant

 

Zinifex (previously known as Pasminco) is a multinational metals mining company with a treasury operation spanning London, Melbourne, Budel (The Netherlands) and Clarksville (USA). In addition to the usual treasury activities, Zinifex treasury’s operations consist of the selling fixed forward commodity contracts and hedging these contracts using LME Futures and FX forwards. The project objectives were to (i) replace the Quantum system with SAP CFM 1.0 (Financial Services 110 extension set) to perform across the board treasury functions; and in particular support LME futures (London metals Exchange) trading using the SAP Listed Derivatives module and (ii) finalize the accounting policy for IAS39 (AASB139) and develop the technical solution using SAP under the standard including designation and effectiveness testing.

 

 

Client: Via SAP to Shanghai Pudong Development Bank (aligned with Citibank), China (Feb 03- Aug 04)

 

Role: CFM Team Lead and Subject Matter Expert

 

SPDB is one of the first banks to list on the Chinese stock market and notably Citicorp is part owner with a strategic alliance. Team lead for the blueprint and realization phases of the project using CFM for securities, money market, foreign exchange, derivatives and structured loans. This project involved development of an array of enhancement in order to extract data from core banking applications into SAP where back office processing and accounting occurred including various management allocations (e.g., FTP and capital allocations using the regulatory approach).

 

The technical architecture involved SAP BAPI and middleware (Mercator-Ascential) connecting front office systems, core banking, payments/receipts/reconciliation and external swift clearing systems Also co-developed the business solution for bringing the bank up to date with Basel I and overall IFRS accounting standards. SAP solution for IAS39/FAS133 including FX and interest rate exposures for cash flow and fair value hedged positions.

 

 

Client: Toyota Financial Services (Nov 01 - Feb 02)

 

Role: Principal Consultant – Loans Management , CFM Treasury, Market Risk Management,

 

Toyota is a financing and leasing company operating a domestic and international capital raising program (issuing bonds and paper) involving active interest rate, currency, liquidity risk management.

 

Phase1 (a) Core SAP corporate treasury Modules including (TR-TM, CM and Loans management) using structured notes issues (loans taken module), commercial paper, interest and currency swaps, forwards, futures and options; included automation of cash management and banking. (b) SAP Loans management was used for structured notes issued and also for variety of customer facilities (installment loans, annuity loans, discount based loans, rollovers, grouping of loans, splitting of loans) including retail and wholesale leasing products.

 

Phase 2: SAP market risk management was implemented as the tool to perform asset and liability management covering the entities full balance sheet (including wholesale debt / bonds and consumer and wholesale leases). Traditional and modern risk management reporting was brought online including Portfolio Duration, NPV, Value at Risk and Structured Scenario analysis. Staff and management received practical and theoretical training in the concepts and SAP tools. Retail loans systems needs to be integrated with SAP banking applications.

 

 

Client: Malakoff, Kuala Lumpur (Apr 06)

 

Role: CFM Upgrade and review

 

The client is a construction company in Malaysia. The role was to upgrade treasury from version 4.5 to ERP2005. This involved running the business partner and TPM migration and completed the assignment in 1 week including testing and thorough documentation. In addition a thorough analysis of the current functionality was undertaken and 6 pages of value propositions provided to client (cost Vs benefits) for implementation in follow up project.

 

 

Client: Perusahan Listrik Negara (PLN), Indonesia (Dec 05 – Feb 06)

 

Role: Senior CFM Consultant-Accenture Project

 

The client is responsible for the electricity supply in Indonesia and has a large debt portfolio. The project involved recording over 140 structured loans from the World Bank and other entities; this involved a number of enhancements and workarounds in the loans area. This was in addition to implementing CFM to meet to overall treasury requirements. Peter’s role also included advising on a new risk management policy involving hedging and derivatives and using the market risk management module for decision support.

 

 

Client: Industrial Bank of Japan, New York (Feb 98-Jul 98)

 

Role: Consultant – Treasury/ FICO/SEM Banking (Industry Solution Banking)

 

IBJ (which later merged to form Mizuho) was at this time one of the largest 6 banking entities in the world predominantly involved in wholesale banking activities. Role on this project was part of the team responsible for developing the detailed design of financial and performance measurement processes based on leading practices and SAP functionality.

 

The project included implementation of non SAP treasury system and integration with the full range of financial processes covered by SAP FICO and SAP SEM Banking. The design used systems architecture based on skinny general ledger and comprehensive performance management system and methodologies.

 

 

Client: Bank Simpanan Nasional, Malaysia (Aug 04 – Oct 04)

 

Role: Team Lead FICO Blueprint

 

This project was for a Malaysian government savings bank seeking to provide SAP blueprint to implement global financial/logistics best practice for the banking industry. (i) His role in the first phase was to perform the financial process re-engineering project and provide actionable recommendations based on best practices in the global banking industry; the deliverable included outlining improvement opportunities, benchmarking the bank and providing a roadmap to management for a multi phased business and system implementation projects to modernize the banks financial, logistic and performance management processes; (ii) The next phase saw him responsible for guiding the local consultants in development of the detailed business process and functional blueprint across the SAP FICO modules including FICO and Logistics (including plant maintenance) based on experience in similar SAP banking projects and best practices.

 

Client: Development Bank of Singapore (DBS) (May 00-Nov 00)

 

Role: Principal Consultant - Methodologies and Treasury Systems Integration

 

The project was to design advanced profitability, risk management and costing methodologies for the bank. Role included the bank wide design of treasury funds transfer pricing (FTP) and capital allocation methodologies as well ETL. Activities included defining data requirements (based on system requirements for Funds Transfer Pricing, Capital Allocation and ABM) from treasury systems to facilitate the ETL process for data migration into the enterprise data warehouse.

                       

 

Client: ChinaTrust Commercial Bank, Taipei (Dec 98 - Feb 00)

 

Role: Team Lead/Project Manager - FICO/SEM for Banks

 

The project covered two full life cycles, Peter’s role was as project manager for the first and last phases of the project. Was responsible for managing a team of twelve to perform significant process re-design and SAP implementation.

 

The process scope included implementation of best practices in the areas of costing, profitability management, and planning / budgeting.  System scope included CCA, PCA, SEM-PA, IO, FM and budgeting / forecasting using the CO modules. The development multidimensional reporting involved developing ETL routines and mapping to migrate data including re-interfacing over 40 legacy systems.

 

 

Client: Zurich Financial Services - Insurance (Sep 98 - Nov 98)

 

Role: Consultant – Insurance financials, reporting and integrate transaction processing systems

 

Rollout of global template from Insurance global head office in Switzerland. Worked as a member of the SAP team during the design and construction stages, developed the design and functionality based on global template for insurance using SAP including redesign of processes to standardize worldwide.  Project included full range of FICO modules and integrating with insurance transaction processing systems. Use of CO-PA as data mart for multidimensional profitability reporting and other SAP financials and logistics modules.

 

           

Client: Government Savings Bank, Thailand (Aug 97-Jan 98)

 

Role: Consultant - FICO

 

Role as banking specialist responsible for performing QA of FICO design, dealing with client issues. Later role as integration manager role in the later half of the project involved managing end to end user acceptance testing including interfaces and conversions into SAP. Developed bespoke FTP solution as an enhancement to SAP FICO.

 

           

BUSINESS BACKGROUND

 

Employer: PriceWaterhouseCoopers, Sydney (96 -02)

 

Role: Principal Consultant: Employed by PwC in the SAP financial Services/Banking department. Further details of projects completed are included in section of this resume.

 

Prior to becoming a consultant in 1996 was employed by the following organizations:

 

Employer: Bankers Trust Australia (90 -93)

 

Several roles: including treasury accountant, treasury systems analyst: Duties included supervision of treasury back office and accounting operations preparation of internal and regulatory reporting. Risk management reporting and analysis for equity derivatives trading and arbitrage books. Later served as Treasury Systems Accountant, part of the systems accounting team responsible for various special IT projects.

 

Employer: Macquarie Bank, Sydney (94 -96)

 

Role: Treasury analyst: Involved in several notable projects to re-engineer technical and business processes in the treasury and capital markets department which achieved significant cost savings and efficiencies for the bank. Focus on customized systems for treasury products listed (futures/options) and OTC derivatives and securities (bonds) and commodities markets.

 

 

EDUCATIONAL BACKGROUND AND MEMBERSHIPS

 

Bachelor Business - Accounting (University of Technology, Sydney Australia)

MBA (University of Technology, Sydney Australia) - deferred

Member, Australian Society of Certified Practicing Accountants, ASCPA

Member, Finance and Treasury Association, FTA