Vincent Doromal

Vincent Doromal

$100/hr
Global Treasury Operations
Reply rate:
-
Availability:
Full-time (40 hrs/wk)
Age:
55 years old
Location:
Campbell, CA, United States
Experience:
20 years
Vincent Doromal 392 Nottingham Way Campbell, CA 95008 -- Dynamic Senior Treasury Manager with numerous years of experience in treasury, finance and accounting. Strong expertise in global cash operations, foreign exchange, intercompany, risk and treasury systems. In-depth knowledge of global payment processes and risks. Adept at analyzing existing operations, then developing and implementing innovative solutions to maximize efficiency and enhance controls. Exceptional leadership, project management, analytical, organizational and interpersonal skills. Proven ability to successfully handle complex treasury/cash management projects. Recipient of multiple Alexander Hamilton and Adam Smith Awards. Experience Summary • • Google/Alphabet (Mountain View, CA): o Program Manager, Google Business Services (June 2018 to Present) o Global Cash Manager, Treasury (November 2004 to June 2018) Electronics for Imaging (Foster City, CA) o Senior Treasury Analyst (November 1999 to November 2004) Employment History Program Manager, Google Business Services Google/Alphabet (Mountain View, CA), June 2018 to Present • Project Manager for various Finance Operations initiatives to improve user experiences by streamlining processes and controls within the Google Business Services team. Most recent projects included source to pay transformation and centralization of companywide payment processing within AP. Global Cash Manager, Treasury Google/Alphabet (Mountain View, CA), November 2004 to June 2018 • Managed a team of Global Cash Analysts in utilizing 5-7 billion USD of worldwide operating cash, ensuring liquidity for all of Alphabet’s cash requirements. • Developed Treasury Operations policies and procedures, including disaster recovery. • Analysis and execution of Google’s multi-billion-dollar FX hedging program. Noteworthy accomplishment: achieved the lowest FX variance to-date for Google. • Managed daily/monthly/quarterly and yearly global cash positioning, forecasting and reporting. • Managed global intercompany relationships between several hundred Alphabet-owned entities. Provided recommendations for repatriation, royalties, capitalizations and loans. • Managed global bank administration- letters of credit, bank guarantees, AML, KYC, CBR, new entity incorporation, bank account opening/closing and authorized signatory updates. • Partnered with portfolio team to implement short and long-term investment strategies. • Managed M&A deal closures and integration within Treasury. • Responsible for SOX compliance and audit for Global Cash operations. • Worked with insurance brokers to manage risk across the company. Resume of Vincent Doromal Page 2 Treasury Systems Projects • Subject Matter Expert for bank payment processes and products (e.g., ABA, SWIFT connectivity and MT messages, CLS, ACH Credits/Debits, SEPA, BACS, FX, Wires, XML, Credit Cards etc.). • Led and implemented SWIFT connectivity for Google, streamlining electronic communications with banking partners supporting all financial transactions at Google (>300 billion USD in annual transactions). • Led and implemented Sungard’s (now FIS) Quantum Treasury Workstation. • Conceptualized and project managed implementation of the gUBS (Google Universal Bank Statement) internal tool, allowing Googlers to log into one portal to access bank transactional information from any of the company’s banking partners. Annual savings estimated at 500K USD a year. • Conceptualized and project managed the implementation of gWires, an internal Google tool that streamlines wire payment requests and settlements with workflow approval and automated journal entries to Oracle. Since its launch in late 2014, gWires has been used for over 50 billion USD in payments with a yearly savings of 1MM USD. Senior Treasury Analyst Electronics for Imaging (Foster City, CA), November 1999 to November 2004 • Responsible for worldwide cash position and cash forecasting, management of domestic and international short-term investments, banking portal administration, managing banking relationships, and analysis and settlement of worldwide intercompany relationships. Recognition • • • • • • 2012 Alexander Hamilton Winner, Bronze Award for Technology Excellence, Google 2011 Alexander Hamilton Winner, Gold Award for Technology Excellence, Google 2010 Adam Smith Winner, Overall Excellence, Google 2010 Alexander Hamilton Winner, Gold Award for Cash Management, Google 2009 Alexander Hamilton Winner, Gold Award for Technology Excellence, Google Invited Panel Speaker, 2010 EURO Finance (Geneva, Switzerland), How to Successfully Manage Information Flow and Visibility Education • San Jose State University – Bachelor of Science in Finance Personal Interests • Cryptocurrency – Bitcoin, Stellar and Ripple. • Adoption of Blockchain technology and cultural shift towards digital assets led by Millennials. • Government regulation of Bitcoin and proposed investment products e.g. ETFs. References provided upon request
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